The auction Friday will show if the RBI can begin bending traders to its will, or whether the market could lose confidence entirely in its recent move toward quantitative easing.
Govt wants to sell 12.1 trillion rupees of bonds in next fiscal to support its spending plan, but central bank officials are reluctant to let the 10-year yield increase.
This confrontation looks subcontracted—escalation to re-establish Pakistan's indispensability to outside capitals while squeezing Afghanistan back under an old paradigm.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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