The repo rate is the rate at which the RBI lends money to commercial banks. Which means that home, auto and personal loans are likely to get more expensive.
On 15 December 1988, PM Rajiv Gandhi spoke in the Lok Sabha while introducing comprehensive electoral reforms, including lowering the voting age from 21 to 18, and introducing measures to protect secular values in elections.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Bond yields are hardening. Not sure how much of an elixir a single 25 basis points cut can prove to be for the economy. If this is followed by a Delivered as Desired report from Dr Bimal Jalan, followed by a swift transfer of RBI’s reserves to the government, that would create the impression that the RBI is now a part of the finance ministry.
Bond yields are hardening. Not sure how much of an elixir a single 25 basis points cut can prove to be for the economy. If this is followed by a Delivered as Desired report from Dr Bimal Jalan, followed by a swift transfer of RBI’s reserves to the government, that would create the impression that the RBI is now a part of the finance ministry.