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Sunday, April 28, 2024
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Economy

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.

PNB finally emerging from Nirav Modi, Mehul Choksi’s shadow, reports profit

Punjab National Bank reports Rs 247 crore profit for December quarter, first since being afflicted by the Modi-Choksi scam in January last year.  

Tax rebate in interim budget to give relief & certainty to middle class: Revenue secretary

In an exclusive interview to ThePrint, Ajay Bhushan Pandey says Modi govt tried to present a balanced budget keeping in mind the financial implications. 

On Camera

America’s out-of-control militarised police forces are a threat to democracy

The world watched aghast as police armed with tasers, tear-gas masks—and in one case backed up by snipers—arrested hundreds of pro-Palestinian protesters at universities across the United States.

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.