In its monthly bulletin, the central bank said the country is on course for a growth rate of about 7% in 2022-23. Data for the July-September quarter will be released on November-end.
Indian cities require an estimated capital investment of US$ 840 bn in 15 yrs in urban infra & municipal services, equivalent to 1.18% of estimated GDP over this period, it adds.
Overseas ownership of Indian govt & sovereign bonds has fallen to record lows. FPIs have utilised less than 25% of their investment limit in govt bonds & just 17% in corporate bonds.
It is increasingly a good time to deposit money and an increasingly costly affair to take a loan. Banks are finding that their avenues for lending are more curtailed.
Could the eRupee piggyback as a key piece of the larger 'digital stack'? RBI's concept note gives a direction, but there are concerns that must be addressed.
Adopted by India in October 2016, the inflation targeting framework gives flexibility to the RBI to also focus on growth without undermining its inflation control objective.
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.
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