Modi govt has been handpicking ex-IAS officers to helm & anchor key policy & administration. This trend started in the first term of the govt but has become more prominent over 11 yrs.
RBI Governor Shaktikanta Das said that while slowing growth was a concern, the next quarters would look better. Inflation, though, is a more immediate concern & would ease only in Q4.
Shaktikanta Das said the central bank was not ‘behind the curve’ in terms of monetary policy & would base its decisions on incoming data and the outlook on inflation.
Heavy reliance on AI could lead to concentration risks, thereby amplifying systemic risks as failures or disruptions in these systems may cascade across financial sector, Shaktikanta Das said.
Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.
Shaktikanta Das' remarks come after Economic Survey said private sector wasn't investing enough in productive areas & Sitharaman highlighted its 'big role' in making India developed nation.
The journey from ODF to ODF Plus Model has not been about ticking boxes, but about ensuring that households, schools, and anganwadi centres reflect the success of the rural water and sanitation missions.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
New Delhi: The Maharashtra Police placed an order last week for 15 US-made Barrett Multi-role Adaptive Design (MRAD) sniper rifles and related accessories worth...
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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