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.
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.
Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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