Stock market climbs to record high ahead of RBI MPC meet
At the close, the Sensex ended 350.81 points, or 0.47% higher at 74,227.63 while the Nifty 80 points or 0.36% at 22,514.70.
At the close, the Sensex ended 350.81 points, or 0.47% higher at 74,227.63 while the Nifty 80 points or 0.36% at 22,514.70.
In this financial year, the Jagan Mohan Reddy government has till now raised loans to the extent of Rs 29,500 crore thus taking the state to the top in borrowings, the TDP spokesperson said.
There were many misleading posts on social media claiming that such banknotes are counterfeit.
"According to the data received from the banks, the total value of Rs 2,000 bank notes received back from circulation after the announcement on May 19 is Rs 2.72 lakh crore up to June 30, 2023," it said.
Quoting the latest National Statistical Office (NSO) report, the Congress leader said Haryana surpassed the national average in the rate of inflation in the NSO figures.
The MPC had met on November 3, to discuss what it would tell the central government on the reasons why it was not able to restrain the inflation.
The e-Rupee would be in the form of a digital token that represents legal tender. It would be issued in the same denominations that paper currency and coins are currently issued.
The pilot will also test the robustness of the entire process of digital rupee creation, distribution, and retail usage in real time. Different features and applications of the digital token and architecture will be tested in future pilots, based on the learnings from this pilot, the RBI said in a statement.
The RBI statement said the statutory inspection of the bank was done by RBI with reference to its financial position as on March 31, 2020, and examination of the risk assessment report pertaining to the Forensic Audit Report (FAR) by an external auditor.
As retail inflation in India continues to remain above the RBI's comfort zone for the past 10 months, analysts feel that more hikes are expected in the future.
