With Sanjay Malhotra at the helm, RBI could shift towards a more dovish monetary policy, but the conventional policy response of rate cuts will not be a given with rising pressure on rupee.
Interestingly, the only governments that did not appoint a civil servant as the RBI governor were those led by Morarji Desai, Indira Gandhi in her second stint, and P V Narasimha Rao.
Speaking at an event in Delhi, Shaktikanta Das said India’s potential growth rate was 7.5% & economy could 'eventually' grow at 8%, adding the current yr's growth was expected to be 7.2%.
Shaktikanta Das' remarks come after Economic Survey said private sector wasn't investing enough in productive areas & Sitharaman highlighted its 'big role' in making India developed nation.
The central bank kept the key repo rate unchanged for an eighth straight policy meeting earlier this month saying robust economic growth will give it space to focus on bringing down inflation towards its medium-term target.
Each billion dollars we spend on GPUs and AI hardware is akin to planting more neurons in the simulated brain we are building. And this brain is expanding — quickly.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
These 55 MPs should be impeached instead. What exactly is their locus standi on this issue? The Supreme Court should protect it’s turf fiercely and initiate strict action against these 55 MPs for meddling in the affairs of the judiciary.
These 55 MPs should be impeached instead. What exactly is their locus standi on this issue? The Supreme Court should protect it’s turf fiercely and initiate strict action against these 55 MPs for meddling in the affairs of the judiciary.