The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5 per cent for the eight consecutive times. RBI India’s GDP (gross domestic growth) projection to 7.2 per cent for FY 25, up from 7 per cent that it had expected earlier. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent… Continue reading "RBI keeps rates unchanged for eighth consecutive time"
A day after Sharad Pawar’s ‘secret’ meeting with Ajit Pawar at an industrialist’s house in Pune, senior Pawar said it was no secret meeting. “What is wrong with meeting my nephew? If a senior person in a family desires to meet another family member, there should not be any issue with that,” Sharad Pawar said. “He is my nephew and… Continue reading "Ajit my nephew, meeting with him not secret: Sharad Pawar"
New Congress president Mallikarjun Kharge Wednesday set up a Steering Committee which, the party said, would function in place of the Congress Working Committee, till a new CWC is formed. Most of the members of the last CWC, including former prime minister Manmohan Singh and former party presidents Sonia Gandhi and Rahul Gandhi, have been retained in the interim panel announced just hours after Kharge took over as… Continue reading "Kharge forms 47-member panel, retains most from CWC"