Reserve Bank Governor Shaktikanta Das on Wednesday said the country is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government.
The event that was inaugurated by five-time world champion Viswanathan Anand will have 11 rounds before the best player in the under-20 category can be determined in both sections.
'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'
Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.
The condition was imposed by the high court while ordering his release on bail in August 2022.
In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent).
New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.
The ED said Das stated that his first statement given to the agency on November 3 last year in which he cited Baghel's name was "true and correct".
On August 5, Das shared the dais with Prime Minister Narendra Modi, Adityanath, Uttar Pradesh Governor Anandiben Patel and Rashtriya Swayamsevak Sangh chief Mohan Bhagwat at the groundbreaking ceremony for the construction of a Ram temple in Ayodhya.
Shakib Al Hasan made his comeback to T20 international cricket after a gap of nearly a year this month in the home series against Zimbabwe.
Hemant V Shivsaran/Rediff.com does a deep dive and lists the winners with the highest and lowest margins in the recent Lok Sabha elections.
Saha, who joined Tripura after a rift with some Cricket Association of Bengal officials in 2022, met Ganguly in Kolkata.
Guruvayoorambala Nadayil is a no-holds-barred, silly comedy that will keep you glued to the screen even when the going gets tough towards the end but the smile on your face will not leave, observes Arjun Menon.
Shreevats Goswami alleged that a match in the Cricket Association of Bengal's first division league seemed fixed from the manner in which some dismissals took place during the game.
Despite steady loan growth, the banking sector is expected to report subdued margins in the quarter ending June 2024 (Q1FY25), driven by high demand for deposits amidst tight liquidity conditions. However, according to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit. Estimates showed that banks' net interest income (NII), and revenues from interest minus interest expenses might grow 11.9 per cent Y-o-Y.
'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'
Spiced up pureed fresh corn in a kickass street food from Indore.
Talks on pre-poll alliance were being held between the ruling Biju Janata Dal and the opposition BJP for the past few days.
It is the first Indian film in competition at the Cannes Film Festival in 30 years.
'We found certain banks having lakhs of such accounts with apparently no valid reason.'
Three personnel, including two of major-rank and one naib subedar, have been conferred the Kirti Chakra, the ministry said.
'We have got enough internal accruals, and we are able to do acquisitions on our own.'
President Droupadi Murmu on July 5, 2024 conferred 10 Kirti Chakras, including seven posthumously, to personnel of the Army and paramilitary forces for displaying indomitable courage and extraordinary valour in the line of duty.
Reacting to the remarks made by Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray that he has not received invitation for the inauguration event of Ayodhya's Ram Temple, Acharya Satyendra Das, Chief Priest at Shri Ram Janmabhoomi Temple on Sunday said that invitations have been extended only to those who are 'devotees of Lord Ram'.
Bharatiya Janata Party's Sandeshkhali leader Gangadhar Koyal on Friday moved the Calcutta high court, claiming that technology-aided videos mimicking his voice were being circulated in a bid to defame him, and prayed for security be provided to him by central agencies.
'At present, hybrids emit lesser carbon despite using fuel than pure play electric cars.' 'That is because EVs have to be charged and 76 per cent of the country's electricity is still coal-based and not renewables.'
Hima Das is the first top track and field athlete to have received the vaccine.
Shefali Shah, Jim Sarbh and Vir Das are super excited ahead of the International Emmy Awards.
Running individual 400m is not yet over for Hima, hints at doing that again in postponed Asian Games
Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to stick to the course on bringing retail inflation to the target of 4 per cent while voting for maintaining status quo in the April review, except external member Jayanth Varma who voted for a 25 bps cut in the repo rate. "I believe that the extant monetary policy setting is well positioned," RBI governor Shaktikanta Das said in the minutes of the policy review, which came out on Friday. "Monetary policy transmission is continuing and inflation expectations of households are also getting further anchored.
Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.
'Mankind's experience, sharpness, and execution will make it happen. We are not going for short-term gains.'
When did Urjit Patel really resign? When did Shaktikanta Das get the mandate to take over as RBI governor?
A Naga sadhu was killed allegedly by his two disciples on the premises of Ayodhya's famous Hanumangarhi Temple, police said on Thursday.
RBI Governor Shaktikanta Das said the central bank saw economic growth slowdown in February, prompting it to cut rates ahead of the curve and wondered why markets were surprised with the decision to pause rate reduction. Noting that there is a need for an "informed and objective discussion" on the country's economy, Das said the RBI would do "whatever is necessary" to address growth slowdown, spikes in inflation as well to ensure good health of banks and non-bank lenders. The apex bank went for five consecutive rate cuts starting in February this year, making it a cumulative reduction of 1.35 per cent.
A top Madhya Pradesh government official, however, said on Saturday that no such plan has been finalised.
South Africa created history as they defended the lowest ever total in the history of the T20 World Cup.
Counting of votes for the Lok Sabha elections has begun across states and Union Territories, Chief Election Commissioner Rajiv Kumar told PTI.
Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1, 1935, to June 30, 1937.
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