Speaking at the closing session of RAISE 2020 Summit, Kant said India optimally leveraging Artificial Intelligence (AI) to solve its developmental challenges will not only lead to a societal transformation within, but will also benefit other nations in the world, who face similar issues.
SEBI has often displayed energetic initiative and used some sophisticated means. Yet, one often gets the impression that it is the amateurs who have got caught—the sophisticated ones evade the net
The non-banking financial companies (NBFCs) said the decision to keep the key repo rate — at which the RBI lends short term money to banks — unchanged was on expected lines and in consideration with keeping the inflation target while supporting growth.
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In this edition of Big Story, check out the key announcements from the MPC meet
The RBI has spoken. Growth is taking the centre stage and the governor said the worst is over. It’s mixed bag of pointers from the monetary policy report, however. Inflation proved to be no spoilsport as the recent price rise is seen as a culmination of transient factors. That explains why the central bank decided to keep the policy accommodative for the rest of this fiscal and into the next year.
The question is, why did Trump choose to reject even the possibility of a deal on an economic relief package less than a month before Election Day?
The US slowdown comes as trillions of dollars in government aid to households and businesses has dried up
The ministry achieved a road building rate of 21.60 km per day despite the prevailing situation, the ministry said.
The first policy of the new MPC members has appropriately focussed on growth revival with the support of unconventional monetary steps and bold regulatory measures from the RBI
Moneycontrol's Sakshi Batra does a 3-Point Analysis to find out the reasons behind World Bank's bleak forecast
At this juncture, priority has been given to anchoring rate and inflationary expectations, with an eye likely on the available policy room vis-à-vis price momentum
The RBI projected CPI inflation at 6.8 percent for Q2FY21, at 5.4-4.5 percent for second half of FY21 and 4.3 percent for Q1FY22, with risks broadly balanced.
The government has appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the Monetary Policy Committee.
Though institutes can allow old students to come back and sit for placements within 2-3 years of passing out, it is only meant for students who opted out of placements to pursue entrepreneurial activities. Now, many institutes are looking at special arrangements.
The RBI shows readiness to undertake further measures as necessary to assure market participants of access to liquidity and easy financing conditions.
The liquidity measures announced will further improve the liquidity conditions enabling banks, NBFCs to push lending further. But, these measures will help only when there is a pick-up in demand scenario.
RBI Monetary Policy: Here is the full text of RBI Governor Shaktikanta Das's speech
The path-breaking laws open up promising avenues that will benefit both agri-startups and farmers in the long run
Exports have been adversely impacted by the pandemic-related contraction in external demand, said RBI Governor Shaktikanta Das
In 2018, the RBI had released the guidelines on co-origination of loans by banks and non-deposit taking NBFCs.
RBI Monetary Policy: Governor Shaktikanta Das announced that the central bank would conduct open market operations (OMOs) in State Development Loans (SDLs).
The RBI left key interest rates unchanged, while retaining an accommodative monetary policy stance to support the coronavirus-hit economy of India.
A pick-up in collections and an improvement in payments to gencos hold out hope for discoms, but durable economic recovery and concrete policy steps key to meaningful revival
RBI Monetary Policy: Following the MPC meeting in August, Governor Shaktikanta Das had projected a negative real GDP growth in FY21.