RBI projects retail inflation at 5.1 pc in FY22
Business | June 04, 2021 12:18 ISTThe Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.
The Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.
The Qatar Airways' private jet that was sent by India to bring back fugitive diamantaire Mehul Choksi from Dominica has left the Caribbean island country after nearly seven days, according to public flight data.
RBI Monetary Policy: RBI has maintained a status quo on repo rate and reverse repo rate on account of uncertainty over the impact of the second wave.
Armed with court order, a consortium of lenders led by SBI can now sell certain real estate properties and securities belonging to fugitive Vijay Mallya to recover loans turned bad with failure of Kingfisher Airlines.
The Dominican government argued in court on Wednesday that Mehul Choksi -- the fugitive diamond trader wanted over the Rs 14,000 crore loan fraud at the Punjab National Bank -- be deported to India. The Dominican Public Prosecution Service has told the High Court that the petition filed by the 62-year-old is not maintainable and should not be heard. India will push for his early deportation, contending that he continues to be an Indian citizen.
According to reports, India authorities argued in the court that Choksi remains an Indian citizen and that his plea doesn't hold ground while pressing for his early deportation.
Dominica's Leader of the Opposition Lennox Linton on June 2 clarified the allegations against taking bribery from Mehul Choksi's brother Chetan Choksi.
Since winning back-to-back European Championships with the 2010 World Cup title in between, Spain has been a flop at major football tournaments as the team’s aging veterans lost their luster.
Interview with AIIMS director Dr Randeep Guleria on resistance to Covid vaccine in villages. Banke Bihari temple in Vrindavan, markets in Mumbai reopen, social distancing goes for a toss. for more Watch Aaj Ki Baat with Rajat Sharma on india tv.
The Delhi Police's Cyber Crime Branch on Tuesday said that it is working to get blocked the fake login page of ICICI Bank which was trying to get details of the customers, and also warned people not to share information without verification.
Implementation of lockdown-like restrictions due to the second wave is likely to create a break in the normalisation process in the Yes Bank's growth process.
Customers can conduct over 15 types of transactions using the Mobile ATMs, which will be operational at each location for a specific period. The Mobile ATMs will cover 3-4 stops in a day.
In wake of the latest Covid-19 surge, several temple were closed, but today temples gates opened for devotees huge crowd seen outside Banke Bihari temple
The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies.
While cancelling the licence, effective close of business hours on Monday, the RBI said public interest would be adversely affected if the bank is allowed to carry on its banking business any further.
Reports in Antiguan media and Choksi's lawyers said that he was arrested from Dominica when he was visiting his girlfriend Babara Jarabica. The woman is a property investment consultant and has studied at the London School of Economics, reports said.
PNB Housing Finance on Monday said its board has approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants to entities led by Carlyle Group firms.
The decision, which comes in the wake of the severe second wave of Covid-19, was announced jointly at a press conference by the State Bank of India and the Indian Banks' Association (IBA).
The Reserve Bank's new norms for auditors will help enhance the overall audit quality as well as transparency, apart from adding to the value to the businesses rather than wasting resources, according to various auditing experts amid concerns expressed by businesses over the new regulations.
"To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form," the public sector lender said in a tweet.
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