High borrowing may reflect rising education costs, says panel, suggesting better outreach to schools, using regional languages, & ensuring every institution has loan facilitation centres.
Delivering MPC statement Friday, RBI guv said the central bank will buy Rs 500 bn of bonds on 11 Dec & similar amount on 18 Dec. It will hold $5 billion of buy/sell swap on 16 Dec.
RBI governor Sanjay Malhotra, in MPC statement, said the main purpose of open-market bond purchases was to infuse primary liquidity & not to influence the currency or bond yields.
HC stayed summons to Axis Bank officials by National Commission for Scheduled Tribes, moved by man alleging atrocities under SC/ST Act over bank effort to claim mortgaged property.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
The 77th Republic Day Parade at Kartavya Path will showcase India’s operational synergy and self-reliance, highlighting combat readiness, indigenous weaponry and joint military operations.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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