Soren targets Centre for its decision to deduct Rs 1,417-cr electricity dues from Jharkhand’s account with RBI, warns against taking ‘undue advantage’ of state's 'tolerance'.
At ThePrint's OTC, the former RBI governor said if huge levels of debt and financial distress hold back the economy, it will be a lost decade for growth.
Govt will raise an extra Rs 1.1 trillion via sales of three- and five-year bonds. The announcement comes just a week after RBI managed to damp tension with bond traders.
The RBI has assured both the market and government of creating comfortable liquidity conditions so that private and government borrowing are not hampered.
Credit history only after debt recast would be taken into account for new loans. Banks will allow recast only if income impacted between February and August.
Govt has been stressing on the need for a fiscally prudent approach at a time when economists have suggested the Centre should increase spending to revive the economy.
Barring a second wave, India stands poised to shrug off the deathly grip of the virus and renew its tryst with its pre-Covid growth trajectory, says RBI Governor Das.
As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
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