Minutes of Monetary Policy Committee meeting show that several members felt debt-fuelled consumption could become a ‘self-fulfilling prophecy’ to boost overall growth.
States worried over Centre slashing their funds, which could be used for capital creation, by considering liabilities of state entities while determining net borrowing capacity.
Reserves to external debt ratio increased to 101.2% from 85.6% during the same period, consolidating India's position as a net creditor to the world, the finance ministry said.
India's debt markets have been reeling under the coronavirus lockdown, prompting risk-averse investors to dump assets and worsening liquidity in some corporate bond trading.
RBI has to improve monetary policy transmission & undertake reforms like setting up public debt management agency & boosting bond market infrastructure.
The actor has both a good physique and acting prowess. He impressed audiences with his performance in A Suitable Boy (2020), making love look giddy and poetic all at once.
Driving this wave of interest is the upcoming Rising North-East Investors Summit in New Delhi, organised by the Ministry for Development of the North Eastern Region.
India used multiple types of aircraft, air to surface missiles & air defence systems to inflict damage to PAF. Almost all strikes were covered by high-res recon UAVs & satellites.
Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.
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