India's monetary authority has beaten the US Federal Reserve and European Central Bank on Twitter by emerging as the most popular central bank on the microblogging site.
Crony capitalism has built up slowly in India, emerging as a Frankenstein’s monster. Telecommunications to transportation, the landscape is starting to resemble a Monopoly board.
Last month, the RBI said it will finance at least Rs. 1 trillion of corporate-bond purchases by banks and use a mix of tools to keep debt yields under control.
RBI has wisely decided to put Lakshmi Vilas Bank out of its misery. Better still, it’s called upon a foreign institution to take over assets & liabilities.
Consumers & companies have been saving cash, and even Modi govt has cut spending. Inflation has surged to 7.6%, so how long can RBI keep interest rates lower?
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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