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Economy
At 6.5 percent, repo rate unchanged by RBI
Shillong, April 6: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has not changed the repo rate and maintained it at 6.5 percent, according to an announcement made by RBI Governor Shaktikanta Das.
According to…
Production of Alto 800 stopped due to financial unviability: Report
Shillong, April 2: Production of Alto 800, Maruti Suzuki India's (MSI) entry-level vehicle, has reportedly been discontinued. One of the hatchbacks produced by the manufacturer with the highest sales has been put on hold.
According to the…
Frequent amendment of corporate laws is to make them more robust: Sitharaman
Chennai, April 1: Union Finance Minister Nirmala Sitharaman on Saturday said the Central government does not have any hesitation in frequently approaching the Parliament to amend corporate laws as it was to fine-tune them and to make…
Dismantle India’s Big 5 conglomerates to increase competition, says former RBI Deputy Governor
New Delhi, March 31: Former RBI Deputy Governor Viral Acharya has called for dismantling India's largest conglomerates to increase competition and to reduce their pricing power.
In a new paper for Brookings, Acharya of New York…
Repo rate: To hike or not by 25bps, RBI’s MPC to deliberate
Chennai, March 31: Mixed views were expressed by experts on what the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) would decide at its April meeting -- hike the repo rate or hit the pause button.
One view is…
Amid milk shortage, Karnataka reduces quantity for same price
Shillong, March 15: In wake of severe shortage of milk in Karnataka, the state government has reduced the size of packaging instead of increasing the Maximum Retail Price (MRP).
The Karnataka Cooperative Milk Producers’ Federation…
The impact of inflation on the most competitive niche
Will the Inflation Hit the Highest-Paying Online Casinos in India
Based on a weaker rise in food prices, India’s annual retail inflation fell in November, falling below the central bank’s upper tolerance limit for the first time this year,…
Curbing inflation key priority area for South Asian nations: RBI Governor
New Delhi, Jan 6: Curbing inflation is among the key priority areas for South Asian nations, RBI Governor Shaktikanta Das said on Friday.
Inflation control is a priority for the South Asian region,…
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai, Dec 7: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain inflation.
The repo rate, also called the…
Trust credibility of Indian regulations, India of today is different from what it was: RBI Guv
Chennai, Dec 7: The India of today is vastly different from what it was earlier and regulators of other countries should trust the credibility of Indian regulations, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday.…