The leaders expressed their support, he told reporters around midnight in Tokyo after the G7 heads of state held an unprecedented meeting by video conference. At the G7 video conference, leaders committed to doing 'whatever is necessary' to battle the coronavirus pandemic and to work together more closely to protect public health, jobs and growth, and issued a statement promising to address the health and economic risks.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
While commercial vehicle (CV) sales were the worst hit, down by 21 per cent to 67,793 units from 85,833 units, two-wheeler sales dropped by 16 per cent to 12,64,169 units from 15,00,545 units. Passenger car sales dropped nine per cent to 215,716 units from 236,586 units.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
If the FATF lets Pakistan off the hook, which is to be expected, it would signify a big boost to Pakistan's standing in the fight against terrorism. Delhi, on the other hand, loses the propaganda advantage, states Ambassador M K Bhadrakumar.
Modi, Shah and Nadda have created a strategy to boost the BJP and the government's image.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
The Reserve Bank of India kept interest rates on hold at 7.50 per cent.
Inflation in food articles basket was 6.99 per cent In May, 2019, down from 7.37 per cent in April. However, onion prices spiked in May with inflation at 15.89 per cent, as against (-) 3.43 per cent in April.
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
The banking sector in India is reeling under Rs 8 lakh crore of non performing assets (NPAs) or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.
India's Davis Cup tie against Pakistan at Islamabad next month has been postponed to November under "exceptional circumstances" after a security review, the International Tennis Federation (ITF) said on Thursday.
After Urjit Patel's appointment as RBI governor-designate, the bond market witnessed a sell-off, as it became evident that there won't be any significant change in stance
Responding to criticism of its anti-trolling move, Women and Child Development Minister Maneka Gandhi on Friday said that the ministry's attempt to check trolling will not imply online policing or blanket patrolling of the internet.
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.
'Hadiya does not have any idea about Syria, where she wanted to go after converting to Islam'
Given the macro setting, the outlook remains positive for each of the four key parameters - inflation, current account deficit, fiscal deficit and currency stability, says Rahul Bhushkute.
'Earlier, Sri Sri told me we (Muslims) must give up our claim to the Babri Masjid site and be large-hearted.' 'Sri Sri has always taken sides on this issue, and isn't neutral at all.'
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
On Monday, the rupee gained 16 paise.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
'We are not interested in forfeiting the tie. We look forward to working with the ITF to find a solution that guarantees the safety of all the players'
The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
RBI should monitor export credit offtake and how well banks implement its instruction.
Pakistan's cricket authorities are maintaining a diplomatic stance on the national team's participation in the forthcoming Asia Cup and World T20 in Bangladesh early next year, but chances of a pull-out loom large.
The Pakistani cricket authorities might be maintaining a diplomatic stance on their national team's participation in the forthcoming Asia Cup and World T20 events in Bangladesh, to be held early next year, but chances of a pullout loom large.
A fall presents an opportunity to buy rate-sensitive stocks.
After hiking interest rates thrice between September 2013 and January 2014, the central bank has maintained status quo, amid slowing economic growth.
The brutal rape and murder of an eight-year-old Bakerwal girl has polarised the normally peaceful town of Jammu, with the local Bar association calling for a bandh against what it termed the "targeting of minority Dogras" while the state police had lodged a case against lawyers who allegedly tried to prevent it from filing a chargesheet against the accused.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
He said Verma can be asked 'to go' only if she is found to have facilitated any wrongdoing and not because of some 'noises'.
'Hardliners who are against denuclearisation may be working secretly on North Korea's nuclear activities, despite official claims that dismantling its nuclear arsenal has already begun.'' 'Does it mean that Kim does not have full control over the military,' asks Dr Rajaram Panda.
A German court has ordered Google to block search results in Germany linking to photos of a sex party involving former Formula One boss Max Mosley. The court said on Friday that although Google had not taken the pictures it was responsible as a distributor of the images.
Let your team know that they have a voice and their voice matters, but also make sure you don't let your own voice drown.
It has already cut the rate three times this year to loosen credit and boost slowing growth in Asia's third-largest economy.
