Retail inflation averaged scorching 10% in that period. Between March 2010 & October 2011, central bank raised repo rate 13 times, from 4.75% to 8.5% per annum.
In my view as the finance secretary during UPA II govt, the least RBI could have done was not to further depress the sentiment with doomsday prophecies.
In ‘Just A Mercenary?’, D Subbarao, looks back on a career spanning 35 years. From his time as an IAS officer to his roles as lead economist for the World Bank and RBI governor.
The standard advantage of a bad bank is the entity taking a decision on sale price is different from the entity accepting that price, former RBI governor D Subbarao said.
In his book, Duvvuri Subbarao discusses how he dealt with a sceptical press and unwelcoming colleagues when he was first appointed governor of the RBI.
Fifteen operators across 9 countries have inquired about India's technology, and nations like Kenya, Mauritius, Papua New Guinea, and Egypt have shown concrete interest in Indian 4G and 5G stacks.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Voters should be reminded about double digit inflation during UPA regime. Reckless socialism masterminded by the crooks of national advisory council was one the reasons for overheating of the economy. Members of the NAC should be named and shamed and handed over to Taliban.
Voters should be reminded about double digit inflation during UPA regime. Reckless socialism masterminded by the crooks of national advisory council was one the reasons for overheating of the economy. Members of the NAC should be named and shamed and handed over to Taliban.