Speaking at a book launch, Das said India followed the fiscal expansion path to deal with Covid-related challenges and govt will have to spell out a fiscal roadmap post-Covid.
SC's direction came after the Finance Ministry agreed to waive compound interest charged on loans of up to Rs 2 crore for six-month moratorium period announced due to the pandemic.
Addressing a conclave virtually, RBI Governor Das said times were uncertain and the central bank does not have the luxury of predicting a growth number and then changing it often.
Addressing concerns about a possible spike in bad loans after repayment freeze, RBI Governor Das said banks will be able to extend or provide a new moratorium under the new plan.
CPI-based inflation has remained over 6% for last 2 quarters. With NPAs also expected to rise significantly, RBI could focus on financial stability this time.
In an address to the CII, Das stressed the need for alternative sources of infra financing, and pushed for early completion of FTAs with US, UK and EU.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
We’ve been standing at that doorstep since 2018 like a CHOWKIDAR and in 2020 find out that Bangladesh has crossed the doorstep while our ‘CHOWKIDAR’ of ‘Republic’ tells people to sell pakoras and make gutter gas.
We’ve been standing at that doorstep since 2018 like a CHOWKIDAR and in 2020 find out that Bangladesh has crossed the doorstep while our ‘CHOWKIDAR’ of ‘Republic’ tells people to sell pakoras and make gutter gas.
Act of God