The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank's chief economist Neelkanth Mishra said on Tuesday. Mishra, who is also a part-time member of the Economic Advisory Council to the PM, said the rate cut announced earlier this month or even the subsequent ones if they were to come will not end up increasing borrowings as the scarce liquidity will hamper transmission.
The actor took to Instagram to reveal more details.
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.
Sanya becomes a Mrs... Nimrat attends Diljit's concert... Plabita pouts...
The celebrity designer has revealed that actors Jacqueline Fernandez and Aditya Roy Kapoor are his new muses.
The length and drape of the sari varies; some may be less than the traditional six yards, like the half sari, while others like the Maharashtrian Nnauvari or the Tamilian Madisar is be nine yards. Kodagu saris too can be nine yards long.
Priyanka-Nick's before and after pictures...Salman celebrates with family... Abhishek mingles with Amy Jackson...
Late-stage diagnosis is a major issue, with over 75 per cent of cases being detected at advanced stages (50 per cent at Stage 3 and 25 per cent at Stage 4). This significantly reduces survival rates.
Rakul is a denim girl... Raashii in London... Fatima in Amsterdam...
Shraddha wants to celebrate... Rashmika is a Versace girl... Nayanthara makes memories in Greece...
'Rajagopala Chidambaram's smile, simplicity and ability to put younger colleagues at ease always encouraged me to approach him for advice or guidance.'
The BJP's victory in the Delhi Assembly elections has sparked speculation over who will lead the next government. Several prominent leaders, including Pravesh Verma, Ashish Sood, Pawan Sharma, Vijender Gupta, and Satish Upadhyay, are in the running for the chief minister's post. The party's national leadership is expected to make the final decision, leaving the contenders in a state of anticipation.
Manish Malhotra's Diwali party saw Bollywood's glitterati glitter even more, as they wore the latest designs from his collection.
'Mrs shows a dark side to the son and the father.' 'I had to do things that I wouldn't dare to do in real life.'
Bollywood's divas have been giving us #FashionGoals for the Ganpati festival.
Food, feminism, fights, father-son issues, famous rivalries, OTT is as loaded as it gets this week.
Alia Bhatt and Ranbir Kapoor's little daughter Raha greeted the media with a cheerful 'Merry Christmas' that won everyone's heart!
Mayank Agarawal's unbeaten 139 took Karnataka over the line against Punjab by one wicket,
There's certainly a lot of love in the air, as Bollywood couples celebrate Christmas on social media.
The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds.
The Ambani family has been a forerunner and led the way in promoting Indian crafts and fashion.
Producer Ramesh Taurani's annual Diwali bash saw a lot of glamour and power couples in attendance.
Sid has a new project in hand: Balwinder Singh Janjua's action film, Mitti, being shot in Uttarakhand.
Celebrating Janmashtami, Bollywood style.
The report, according to the sources, states that the HC did not get the note of the Supreme Court collegium on the issue even after six months.
On Manish Malhotra's 50th birthday, take a glimpse of his best runway creations.
Now, you can visit Alia's shop... Tara is festive-ready... Kangana is on holiday...
Joginder Tuteja looks back at his movies, and their success rate.
While the to-be bride looked resplendent in pink, her mother wowed in a vermillion silk lehenga.
Ayushmann Khurrana and his wife Tahira Kashyap hosted a grand Diwali party for friends at their home in Mumbai.
Nadaaniyan's lack of charm, chemistry and cheek fails to create any ripples sighs Sukanya Verma.
Kriti Sanon invited film folk over to watch her debut production, Do Patti, where she has a double role.
Katrina Kaif is set to walk the ramp for designer Manish Malhotra who will open Lakme Fashion Week's Winter/Festive 2019 season.
Indian women's cricket team batter Jemimah Rodrigues' father Ivan on Friday refuted allegations that he used her membership at the prestigious Khar Gymkhana here to hold "conversion meetings" at its premises, claiming that he merely conducted prayer gatherings "in complete accordance with procedures".
Where is Bollywood travelling? Let's find out.
All her public appearances are marked by trademark glitter and glow, of which her opulent collection of Kanjivarams and Benarasis are Sukanya Verma's absolute favourite.
The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
'It feels great to carry on this musical tradition.'
Opener Vaibhav Suryavanshi struck a quick hundred but India U19's middle and later order batters crumbled against Australian spinners Thomas Brown and Vishwa Ramkumar to throw away the advantage on the second day of the four-day first unofficial Test, in Chennai on Tuesday.
This New Year's Eve, don't forget make a grand entry by keeping your best fashion foot forward.
