A bill to ban private cryptocurrency will soon be sent for cabinet approval. However, it will also enable the issuance of a digital currency by the RBI.
Central bankers are more pragmatic than many people give them credit for. Most try to deal with the hands they are given and confront the world as it is.
RBI's decision to allow direct retail participation could be a game changer. The central bank adds that it is unlikely to cut flow of funds into bank deposits.
RBI Governor Shaktikanta Das says the MPC is of the view that it is important to revive growth on a durable basis while ensuring inflation remains within the targeted levels.
HDFC CEO Keki Mistry says he is confident that bounce back in demand for home loans would continue, following the strong revival seen in the last four months.
An underestimated growth projection could give Modi govt more spending room, while initiatives to improve NPA recovery could prove crucial for India's financial sector.
Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?
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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