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Earlier this month the RBI raised its 2021/22 inflation forecast to 5.7% from 5.1% and reiterated that it will continue to keep monetary policy accommodative as long as necessary to revive and sustain growth on a durable basis. ....
RBI MPC to adopt wait-and-watch mode in August review: Report 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.
Expressing concerns, Subbarao said that while the majority of people have lost jobs and saw reduction in their income, the wealth of some rich individuals have increased during the pandemic period. ....
Petrol, diesel price in India: Rising costs have hit the poor hard Rizwanudeen, a 37-year old worker who delivers food in Chennai, struggles to pay his rent and loan instalments at the end of every month as he has been hit by the double whammy of higher fuel prices and fewer food orders. Millions of weekly wage earners like Rizwanudeen who make their living ferrying goods or people throughout India have been hit hard by record high fuel prices which are among the highest in Asia, having risen by a third in the 15 months since the coronavirus first struck the country. ....
US-based Kraken, Hong Kong-based Bitfinex and rival KuCoin are actively scouting the market, which analysts say would only get bigger if it was given a free rein ....