A depreciating dollar and abundant liquidity provide an opportunity to explore the rupee’s potential regional role. This represents a significant step toward monetary autonomy.
RBI must work towards better transmission mechanism, for which India needs deep & liquid bond market, competitive banking sector & regulatory framework.
While RBI Governor Shaktikanta Das led the previous monetary policy committee in cutting rates by 115 basis points, he’s taken a more cautious approach recently as consumer prices spiked.
The repo rate cut, the 5th in a year the economy has seen a slowdown, is aimed at pushing up consumption during festival season by lowering borrowing costs.
The real acrimony in Goa is against tourists and wealthy land buyers from Delhi, Mumbai, and Bengaluru. Yet, the fury gets channelled downward against the poorest workers from the cowbelt.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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