RBI policy overall positive, growth-oriented, say experts
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RBI policy overall positive, growth-oriented, say experts
Friday's monetary policy was as aggressively accommodative as possible without cutting the policy rate, said Abheek Barua, Chief Economist, HDFC Bank.
Financial sector participants on Friday said RBI's decision to keep the key repo rate unchanged is an accommodative approach to manage inflation while keeping growth as target, amid the current economic conditions. The Monetary Policy Committee (MPC) evaluated domestic and global macroeconomic and financial conditions and voted unanimously to leave the policy repo rate unchanged at 4 per cent, RBI Governor Shaktikanta Das said in his policy statement for the bi-monthly monetary policy review.
Statements from Fortis Escorts, Okhla, Delhi: Cricketer Kapil Dev came to Fortis Escorts Heart Institute (Okhla Road) emergency department at 1:00 am on 23rd October with a complaint of chest pain. He was evaluated and an emergency coronary angioplasty was performed in the middle of the night. Currently, he is admitted in ICU and under the close supervision of Dr Atul Mathur and his team. Kapil Dev is stable now and he is expected to get discharged in a couple of days.
Council to discuss compensation issue tomorrow The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising of state finance ministers, will for the third time in a row discuss the issue of funding the shortfall of Goods and Services Tax (GST) revenue of states.
Prime Minister Narendra Modi on Sunday addressed the nation on 'Mann ki Baat' on the occasion of Dussehra. PM Modi said, "We must also remember our braveheart soldiers who are deployed at the borders even during these festivals." He added, "We have to light a lamp at home in honour of these brave sons and daughters of Mother India."
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