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'Inflation down, no overheating in economy': RBI MPC member explains why interest rate should be cut - Vimarsana News

'Inflation down, no overheating in economy': RBI MPC member explains why interest rate should be cut

Jayanth R Varma asserts that the current policy rate of 6.5% establishes a real rate of 2%, which he views as too high to drive projected inflation down to the 4% target.

We should accept 4-5% inflation for several quarters, says MPC's Jayanth Varma - Vimarsana News

We should accept 4-5% inflation for several quarters, says MPC's Jayanth Varma

According to Varma, while there are significant risks to the growth outlook, various indicators currently point to the continuation of the growth momentum

ED attaches properties worth over Rs 2 crore of TPC member | Ranchi News - Vimarsana News

ED attaches properties worth over Rs 2 crore of TPC member | Ranchi News

p The case pertains to collecting funds through extortion from contractors, coal traders and transporters in the Magadh Amrapali coal block area of Jharkhand. br /p RANCHI: The Enforcement Directorate (ED) on Thursday attached movable properties worth Rs 2.03 crore of a Tritya Prastuti Committee (TPC) extremist identified as Bindeshwar Ganjhu alias Bindu Ganjhu under the Prevention of Money Laundering Act (PMLA). The case pertains to collecting funds through extortion from contractors, coal traders and transporters in the Magadh Amrapali coal block area of Jharkhand. The attached assets ...