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India Inc: This decision to provide 75% reservation in private sector jobs will help companies in Haryana to hire from a bigger talent pool and not just limit them to hire local talent, said at least half a dozen executives in companies ranging from auto components, automobile, e-commerce, aviation sectors.
The monetary policy review will be announced on Friday morning by RBI Governor Shaktikanta Das.
The Reserve Bank of India's Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, has started its three-day meeting. Experts predict that the MPC will maintain the current interest rates due to elevated inflation and global factors. Retail and corporate borrowers can expect stability in interest rates if there is no change. Despite expectations of a decrease in inflation in September and October, experts believe that a rate hike is unlikely.
The MPC is entrusted with the responsibility of deciding the policy repo rate with the objective of achieving the inflation target.
(This story has not been edited by THE WEEK and is auto-generated from a PTI