Mumbai: RBI Governor Sanjay Malhotra announced Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue. The review of guidelines for lending against the collateral of gold jewellery and ornaments...
Mumbai: After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accomodative' from 'neutral', which may further lower EMIs for consumers. The bi-monthly monetary...
Mumbai: The Reserve Bank of India Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices. Consumer Price Index (CPI) based headline retail inflation declined by a...
Mumbai: The RBI Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support an economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent, providing...
Mumbai: Indian equity indices opened in the red Wednesday, following their global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI monetary police committee (MPC) decisions — where a 25 bps repo rate cut is likely...
Washington/Beijing: In a sharp escalation of trade tensions, the Trump administration has imposed a 104 per cent tariff on goods imported from China, delivering a major blow to Beijing amid an ongoing trade war between the two economic giants. The White House announced that the...
New Delhi: India and the UAE have signed key agreements to strengthen the bilateral economic partnership during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE. It has...
Bhubaneswar: The Odisha government Tuesday signed 13 MoUs including IOCL's Dual-Feed Naphtha Cracker Project and received 15 other proposals worth a total investment of Rs 1.03 lakh crore, which will create employment for over 95,000 people, an official release said here. The MoUs were signed...
Mumbai: RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal Wednesday, the central bank said, amid expectations of a 25 basis points reduction in the short-term lending rate. RBI's Monetary Policy Committee (MPC) headed by Governor Malhotra started its...
Mumbai: The Indian stock markets staged a robust relief rally Tuesday, snapping a three-day losing streak ahead of the Reserve Bank of India's (RBI) monetary policy decision April 9. Both the Sensex and Nifty rose sharply, each gaining around 1.5 per cent by the end...
By Aakar Patel There is much to admire about America, and quite a lot to dislike. The thing to admire...
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By Dilip Cherian Forget the slogans. The story isn’t about “opening the doors” to experts so much as about how...
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Appeasement or tacit approval of invasion and capture of foreign land helped the rise of Adolf Hitler and the formation...
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Union Defence Minister Rajnath Singh recently, at a gathering at Udaipur’s Bhupal Nobles’ University, sought to brand the ‘educated’ citizens...
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