He elevated the quality of the analysis and the presentation of ideas for public deliberation in his four 'Economic Surveys', says finance minister Jaitley.
The repo rate is the rate at which the RBI lends money to commercial banks. Which means that home, auto and personal loans are likely to get more expensive.
The minister, who cancelled his scheduled visit to London for the 10th India-UK Economic and Financial Dialogue next week, had confirmed his illness in a tweet on April 6.
While the language war in other states is targeting those who can't speak the local language, in Bengal, even those whose mother tongue is Bengali have to constantly prove their Bengali-ness.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
Seigniorage is the profit a government earns from issuing fiat currency, a sort of interest free loan holders of rupee or dollar notes are extending to the issuer. The amounts involved in Nepal and Bhutan are small. However, it is a measure of Indian influence in the region that people use INR. Immediately after the two month window for exchange closed in India, the RBI should have discussed this issue with the central banks in Nepal and Bhutan, arranged an immediate swap, taking care only to weed out counterfeit currency. Even now, not too late to do the right thing.
Seigniorage is the profit a government earns from issuing fiat currency, a sort of interest free loan holders of rupee or dollar notes are extending to the issuer. The amounts involved in Nepal and Bhutan are small. However, it is a measure of Indian influence in the region that people use INR. Immediately after the two month window for exchange closed in India, the RBI should have discussed this issue with the central banks in Nepal and Bhutan, arranged an immediate swap, taking care only to weed out counterfeit currency. Even now, not too late to do the right thing.