According to sources, IWAI had sought Rs 1,884.13 crore from the government for its projects which are at various stages of implementation. The allocation, however, is only 40 percent of that amount.
A Reuters snap poll taken immediately after Thursday's policy review - where the RBI unexpectedly reduced interest rates by 25 basis points - showed the central bank will make the same move next quarter. That would take the RBI's repo rate to 6.00 percent, its lowest since the middle of last year.
On Thursday, the Reserve Bank of India caught financial markets off-guard by reducing its key policy rate by 25 basis points to boost growth and as inflation has remained benign.
The panel of forecasters say inflation will be higher
In his address at the inauguration of ‘India Showcase Event' as part of the preparatory meeting of the sixth Global Fund replenishment here, Nadda said India has continued to focus on improving health indicators and other determinants of wellness.
The rate cut will benefit Modi's government as it will boost economic growth and lending to small businesses, according to Ashwani Mahajan, a leader of the economic wing of the powerful Hindu nationalist group, Rashtriya Swayamsevak Sangh, which is the fountainhead of the BJP.
Monetary policy cut policy repo rates by 25 basis points and also revised inflation projection downwards
Gowda said the Ministry has not yet come out with any report. 'What you are citing is a fake report'.
The country could import 2.7 million bales in 2018/19 marketing year ending on September 30, up from 1.5 million bales a year ago
In 2017-18, RBI paid Rs 50,000 crore as dividend (surplus) to the government of India
The FAO's food price index rose in January, taking it back to its September levels. Rising food prices could mean good news for the farm economy but is a problem for policymakers if inflation takes root
In the sixth bi-monthly monetary policy review on February 7, RBI surprisingly reduced the repo rate by 0.25 percent to 6.25 percent.
Increase of 8.5% in transaction volume from December 2018, latest NPCI data reveals.
The policy is broadly neutral for banks and puts stronger NBFCs in a vantage position
The MPC on Thursday cut repo rate by 25 basis points to 6.25 percent with Das, Ravindra Dholakia, Pami Dua and Michael Debabrata Patra voting in favour of the decision
The rate cut by the Reserve Bank of India (RBI) will help banks’ to address liquidity issues and at the same time, low cost of funds is likely to boost consumption, suggest experts
The committee said that despite softening of crude oil prices and the lagged impact of the recent depreciation of rupee on net exports, slowing global demand could pose headwinds.
The repo rate been lowered to 6.25 percent from 6.5 percent, and reverse repo rate has been adjusted to 6 percent.
For this fiscal, it revised downwards its inflationary estimates to 2.8 percent in Q4
The MPC cut repo rate by 25 basis points to 6.25 percent in its sixth bi-monthly monetary policy. Consequently, the reverse repo has come down to 6 percent.
The monetary policy committee cut repo rates by 25 basis points to 6.25 percent in its sixth bi-monthly monetary policy. Consequently, the reverse repo has come down to 6 percent.
The reduced repo rate has raised hopes of lower EMIs for home loan borrowers as well as cheaper capital raising costs.
Surat, a major diamond trading and processing centre, tops the list. Next on the list is Agra followed by Bengaluru and Hyderabad
Replying to a query by Congress MLA Abdul Khaleque, Commerce and Industry Minister Chandra Mohan Patowary said works for 55 projects worth Rs 23,269.48 crore have already begun at different places.
The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, Law Minister Ravi Shankar Prasad said here.