The auction Friday will show if the RBI can begin bending traders to its will, or whether the market could lose confidence entirely in its recent move toward quantitative easing.
Going forward, the food inflation trajectory will critically depend on the temporal and special progress of southwest monsoon in the 2021 season, RBI Governor Shaktikanta Das said.
RBI Governor Shaktikanta Das says fiscal authorities are ready to limit fallout on ongoing recovery, but focus should be on containing virus and boosting economic revival.
RBI Governor Shaktikanta Das says recent surge in infections has lent greater uncertainty to growth outlook, and warns regional lockdowns could dampen recent improvement in demand.
RBI governor Shaktikanta Das has indicated there is no immediate threat to forecast of economy expanding by 10.5%, but could still flag downside risks given spike in virus cases.
Economic Affairs Secretary said the inflation target for the period 1 April 2021 to 31 March 2026 under the RBI Act has been kept at the same level as was for previous 5 years.
India's projects related to BIMSTEC, Look-East-Act-East and Indian Ocean Rim Association could suffer a setback, impacting trade with South Asia and the South-South Cooperation agenda.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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