-Moneycontrol.com The RBI’s state of the economy report enlists Benjamin Franklin, Fyodor Dostoyevsky, Paulo Coelho, Barack Obama, Shakespeare and a host of lesser luminaries to drive home a message of relentless positivity Back in January this year, RBI’s state of the economy report prognosticated that India will have a ‘glorious summer’. Seen in heartless hindsight, that remark was gloriously off the mark. Has the devastating second wave of the pandemic changed the RBI’s...
More »SEARCH RESULT
Total Matching Records found : 1105
RBI sanctions Rs 21K crore: Punjab gets CCL for wheat procurement
-The Indian Express The Central government has fixed the Minimum Support Price (MSP) of wheat at Rs 1975 per quintal, hiking it by Rs 50 from last year’s Rs 1925 per quintal. Chandigarh: Ahead of the wheat procurement that starts from April 10 in the state, the Reserve Bank of India (RBI) on Monday cleared a sum of Rs 21,658.73 crore towards Cash Credit Limit (CCL) up to end April, 2021 for...
More »Behind the politics battle, West Bengal’s slowdown economics -Sandeep Singh and Sunny Verma
-The Indian Express The anti-incumbency Banerjee faces is as much about local-level corruption and competing ideologies as it is about stalled industrialisation, weak credit growth, a near-freeze in new jobs, low infrastructure development and agriculture spend. AS West Bengal Chief Minister Mamata Banerjee fights perhaps her most significant electoral battle, framing her contest is not just BJP vs Trinamool politics — but the state’s economics as well. The anti-incumbency Banerjee faces is as...
More »Divestment goal achievable; LIC IPO to fetch ₹1 lakh crore: CEA
-PTI/ The Hindu Inflation targeting helped in lowering volatility, level of inflation, he says Asserting that the disinvestment target of ₹1.75 lakh crore for 2021-22 was ‘eminently achievable,’ Chief Economic Adviser (CEA) K. V. Subramanian on Saturday said the proposed initial public offering (IPO) by LIC itself could garner ₹1 lakh crore for the government. He also said targeting of retail inflation by the Reserve Bank of India (RBI) has helped bring down...
More »Loan moratorium case: Waiver of complete interest not possible, says Supreme Court
-The Indian Express The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision. Refusing to interfere with the government and RBI’s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre’s financial policy decision...
More »
