Speaking at the 39th Nani Palkhivala memorial lecture, RBI Governor Shaktikanta Das delivered a speech on the need for a stable financial system in India. Read the full text here:
Shaktikanta Das also said the RBI has directed its policy efforts to put in place a state-of-the-art national payments infrastructure, ensuring safe and cost-effective payments.
Shaktikanta Das’s comments come as the govt considers a looser inflation target for the RBI, allowing it to focus more on economic growth despite high consumer prices.
Titan was set up in 1984 as a joint venture between the Tata group and a state govt. While the Tatas own 25.02% stake, the state govt owns 27.88% stake in the company.
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.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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