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Support from all sides needed to nurture economic recovery hit by second wave of Covid: RBI governor indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Support from all sides needed to nurture economic recovery hit by 2nd wave of COVID: RBI Governor freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Support from all sides needed to nurture economic recovery hit by 2nd wave of COVID: RBI Guv dtnext.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dtnext.in Daily Mail and Mail on Sunday newspapers.
America s $1.9 trillion rescue package could throw a spanner in RBI s recovery plans SECTIONS Share Synopsis In India, the government is following a borrow-to-grow strategy but the RBI, while helping keep the government’s borrowing cost low, is geared to keep inflation under control. The contradictory impulses would be tough to balance. Agencies Rural fuel inflation rate since February 2020 averaged only about 1% but urban fuel prices rose at a rate of about 7%. The government will soon give the Reserve Bank of India (RBI) its inflation target for five years beginning April 1. The RBI, which is an inflation-targeting central bank, is currently tasked with keeping retail inflation at 4%, with an upper and lower tolerance limit of 2 percentage points. The central bank has indicated that it would prefer to continue with that target for the next five years as well. ....
Growth momentum needs to be strengthened: RBI Governor Shaktikanta Das RBI Governorâs Shaktikanta Das: Depositorsâ money topmost priority, even as one-time rollover for businesses is considered PTI The growth momentum needs to be strengthened for a sustained revival of the economy and quick return to the pre-COVID trajectory, opined RBI Governor Shaktikanta Das while pitching for a status quo on rates at the last meeting of the Monetary Policy Committee (MPC). All the six members of the MPC had voted for keeping the policy repo rate unchanged at 4 per cent at the three-day meeting which began on February 3, citing similar reasons. ....