The career bureaucrat-turned-central banker walked into the 19th floor corner room of the Reserve Bank on December 12, 2018. Since February 2019, the Das-led RBI has cut the repo rate by a whopping 135 basis points to support the sagging growth, including an unprecedented 35 bps reduction in August. As he completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled sooner than later.
'I selected the team, I selected the strategy and I am as disappointed as the players, but the buck stops with me.'
IMAGES from Day 6 of the French Open, at Roland Garros, on Friday.
Peru fans take $800 taxi to get to World Cup game
Handset maker Motorola has said its latest smartphone - Nexus 6 - priced Rs 43,999 onwards, can be pre-ordered in India on Flipkart from Tuesday.
The Ministry of Statistics and Programme Implementation (MOSPI) is in talks with the Department of Posts to take the help of its staff in collecting sample data for the proposed Consumer Price Index for Rural India (CPI-R). The data for the index would be collected from 1,000 villages, Chief Statistician of India Pronab Sen said on the sidelines of a national seminar on the results of the 61st round of the National Sample Survey.
Gold prices on Wednesday sky-rocketed by Rs 340 at Rs 11,510 per ten gram as investors directed their money to the precious metal after the dollar fell, sparked by Federal Reserve cutting key interest rates.
United are unbeaten in all competitions since Solskjaer replaced Jose Mourinho in December and their improvement is down to the Norwegian's insistence on an attacking style of play, as opposed to the defensive fare served up by his predecessor.
Pssst, India's Royal Rajasthan on Wheels is listed among these great rail journeys.
The savings would be better spent and might actually reach the poor, says Rahul Khullar.
The dollar touched a new all-time low vis-a-vis the euro and sank to 71.50. Europe's inflation rate touched 2.9% as crude oil prices also rose. Gold prices were pushed skywards in the fourth quarter of 2007. Silver gained 4 cents to $18.21, while platinum rose $10 to $2036 per ounce. In such a scenario Jon Nadler, senior analyst, Kitco Bullion Dealers Montreal, advises investors to watch oil, listen to Trichet and Bernanke, and follow the dollar.
Malini also asked not to make it a political issue.
Star India Pvt. Ltd. was awarded the team sponsorship rights of the Indian team on Monday for a period of three years after Sahara's bid was declared ineligible by the BCCI in Chennai.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
Here's a quick guide to navigating and ordering from global websites.
Sensex may remain under pressure this week due to weak global factors.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Barcelona abandoned their hopes of signing Philippe Coutinho from Liverpool after the Merseyside club demanded 200 million euros ($237.14 million) for the Brazil attacking midfielder, the Liga side's director Albert Soler said.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
News of all that's transpired on and off the football field.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
After Aprilia, legendary Italian motorcycle major MV Agusta has finally entered the Indian two-wheeler market in collaboration with the Kinetic Group.
Philippe Coutinho's versatility makes him a great acquisition for Barcelona, coach Ernesto Valverde said on Sunday as the Brazilian made his first public appearance at the Nou Camp following his 142-million-pound ($192.57-million) move from Liverpool.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
A round-up of Thursday night's matches from the Euro 2020 qualifiers.
Sanjeev Bikhchandani can smile now. First, the IPO of Info Edge, the promoter of jobs portal ww.naukri.com, was subscribed 54.77 times.
Kinetic Engineering Ltd, which sold a defective motorcycle to a customer in 2001, has been held guilty of 'gross' deficiency in service and unfair trade practice by a Delhi consumer court which also asked the company to refund him the bike's price.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Goons fail to dampen Valentine's Day celebrations
AIBEA is part of United Forum of Bank Unions, the umbrella organisation of employee and officer unions of nine banks, which has given the call for one-day strike on January 7 and four days from January 21 in support of their wage hike demand pending since November 2012.
'Sachin Pilot has revived the Congress.' 'What goes in favour of Ashok Gehlot is experience.'
Christie's second art auction in Mumbai saw 78 works by Indian artists fetching a total of Rs 75.27 crore.
Leaders Manchester City kept up their unbeaten run with a 3-1 win over Bournemouth on Saturday. Manchester United salvaged a 2-2 draw at Southampton, who sacked manager Mark Hughes on Monday.
The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.
Forgot the major events that shaped the news last week? Here's a quick recap of the incidents of the previous week.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
Ramesh Shrichand Damani says the best way to tackle the market in the near term is to remain invested.
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