RBI is expected to raise its benchmark rate for the 7th consecutive meeting & leave the door open for more increases to bring inflation back within its target range, economists said.
India's forex reserves rose for a second week, increasing by $5.98 billion & stood at its highest since early July, according to RBI's statistical supplement. The rupee ended at 82.16 Friday.
At conference held by FEDAI on Sunday, M. Rajeshwar Rao said if central bank’s efforts towards rupee-invoicing bear fruit, local exporters and importers will not need to hedge.
RBI said that cryptocurrencies are akin to a Ponzi scheme. Extending India's money laundering rules will help monitor transfer of these assets beyond country's borders.
At a post budget industry event in Jaipur Monday, the Finance Minister noted that inflation is unique to each country in the emerging markets & the RBI will take the required steps.
RSS chief Mohan Bhagwat has backtracked on his retirement rules. The ‘75-year rule’ was applied selectively to sideline some leaders, but it doesn’t apply to the top brass.
A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.
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.
COMMENTS