HSBC and Nomura analysts say the rate hike bolsters the RBI’s credentials on the inflation-fighting front, which will have a rub-off effect on the rupee.
The repo rate is the rate at which the RBI lends money to commercial banks. Which means that home, auto and personal loans are likely to get more expensive.
The Indian planning system did not encourage individuals based on ‘what they knew’, but on ‘whom they knew’. Many left for countries that recognised their talent.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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