The Reserve Bank of India Governor Urjit Patel resigned from his post Monday citing “personal reasons”, ending weeks of speculation and a rather public...
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
There is talk of a jumbo four trillion farm loan waiver. MUDRA loans are close to seven trillion. Eleven PSBs under PCA are already on life support. The new Governor has a fiduciary duty to prudent macroeconomic management, as much as he is responsible for monetary policy – through the MPC – and keeping the overall financial system healthy. He should prove the sceptics wrong.
There is talk of a jumbo four trillion farm loan waiver. MUDRA loans are close to seven trillion. Eleven PSBs under PCA are already on life support. The new Governor has a fiduciary duty to prudent macroeconomic management, as much as he is responsible for monetary policy – through the MPC – and keeping the overall financial system healthy. He should prove the sceptics wrong.