Indian stock markets shut for Eid celebrations
Indian stock exchanges are shut Thursday for Eid, with normal trading activities resuming Friday.
Indian stock exchanges are shut Thursday for Eid, with normal trading activities resuming Friday.
As the global economy continues to navigate uncertain waters, India finds itself at a crucial juncture, with its central bank steering the ship through turbulent seas.
The decision was taken at the Monetary Policy Committee (MPC) meeting of the apex bank.
Reserve Bank of India Governor Shaktikanta Das on Friday proposed to enable UPI for cash deposit facility.
Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting on Friday announced the policy rate unchanged at 6.5 per cent.
Chief minister Mamata Banerjee has often criticised the Centre for withholding funds that needed to be released for natural disasters.
"We have endeavored to ensure a soft landing. These objectives continue to guide our actions even today, and it will continue to be so in the future,"
The Reserve Bank of India (RBI) is likely to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, according to market analysts and economists.
Expressing gratitude to the Centre for timely release of CCL, Chief Minister Bhagwant Mann said it would go a long way in ensuring seamless procurement of Wheat during the current marketing season.
The accused, Himanshu Bhandarion was arrested from Noida in Uttar Pradesh on 15 March. He was produced before the Surajpur Court in Greater Noida. Brought under transit remand to Odisha, he was later remanded to judicial custody, EOW said today in a statement.
