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Sunday, April 28, 2024
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Economy

RBI’s rate cut comes as pre-election stimulus for Modi govt

Govt officials were quick to praise the cut but economists are concerned that the monetary & fiscal stimulus would be inflationary.

Reliance chairman Mukesh Ambani announces Rs 10,000-crore fresh investment in West Bengal

The announced investment will be over and above the Rs 28,000 crore corpus Reliance has already pumped in the state.

RBI does its bit to compliment Modi govt’s budget sops for farmers

RBI raises cap on collateral-free agricultural loans to Rs 1.6 lakh from Rs 1 lakh — move to benefit all farmers who were left out from budget proposals.

RBI cuts repo rate by 25 bps in first policy meet under Shaktikanta Das

The repo rate cut will nudge banks to cut interest rates on loans for borrowers and provide a stimulus for demand in the economy.

4 things to watch out for today in RBI’s monetary policy outlook announcement

RBI is expected to hold interest rates but drop its hawkish bias at new governor Shaktikanta Das' first policy announcement.

Cabinet approves Rs 2,000 crore Agri-Market Infrastructure Fund

The Rs 2,000 crore corpus will be created with NABARD for development and upgradation of rural agriculture markets.

Time for RBI to cut interest rates, says NITI Aayog’s Rajiv Kumar

Modi govt’s expansionary budget is bound to pose a challenge for RBI Governor Shaktikanta Das, who’s chairing his first Monetary Policy Committee meeting.

India to benefit from US-China trade war, says UN

The UNCTAD study also warns that the spat could hit east Asian producers the hardest.

How borrowings outside the budget hide the real deficit numbers

A fine print reading of 2019 budget shows off-budget borrowings are on the rise. ThePrint takes a look at what that means.

As Rs 412 billion piles up in electricity dues, India could implement prepaid system

Power producers, among the biggest holders of soured loans in India, have cited mounting dues from retailers as a key reason for their financial stress.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.