‘Govt plans panel to help resolve state-owned firms’ land disputes’
The Indian government plans to establish a panel to aid in fast-tracking resolution to land disputes involving state-owned companies, as part of a plan to […]
Day: April 6, 2023
Raghuram Rajan says banking system is headed for more trouble
Former IMF Chief Economist, Raghuram Rajan, has warned that the rescue of both Silicon Valley Bank and Credit Suisse signifies deeper underlying problems within the […]
Billionaire Anil Agarwal’s chip dream at risk as hurdles mount
Billionaire Anil Agarwal’s $19bn plan to build a semiconductor plant in India is facing difficulties securing a technology partner and the type of financial incentives […]
India seeks to deepen forex markets with onshore NDFs
The Reserve Bank of India (RBI) is allowing local residents to trade non-deliverable forward (NDF) contracts through local lenders with an IFSC banking unit. Previously, […]
This is a pause, not a pivot: RBI governor on surprise hold in key rates
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RBI keeps repo rate unchanged at 6.5%
The central bank has already increased repo rate by a total of 250 basis points since May in a bid to contain inflation, though it […]
Wall Street slips following latest signs of slowing economy
US stocks fell after reports indicated a slowing economy due to higher interest rates. The S&P 500 fell by 0.2% while the Dow Jones Industrial […]
India’s journey highlights lessons for other countries embarking on own digital transformation: IMF
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