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Economic upticks visible in May and June after the easing of coronavirus-related lockdown appear to have lost strength in July and August, mainly due to the re-imposition of restrictions, the Reserve Bank of India said on Tuesday.
The plea sought directions to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem
Shaktikanta Das said factors like an improved debt-to-gross domestic product ratio and sharply better current account were positive for the economy. The central government on Tuesday informed Supreme Court that loan moratorium period can be extended by two years as per the RBI's circular.
Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said. In a statement, the RBI said it decided to conduct open market operation (OMO) in two tranches of Rs 10,000 crore each, after reviewing the "current and evolving liquidity and market conditions". A three-judge bench ordered tagging of the fresh plea filed by lawyer Vishal Tiwari with the earlier pending petition on the issue RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus.
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The Reserve Bank of India on Tuesday announced sale and purchase of G-Secs or government securities worth Rs 20,000 crore. In a statement, the RBI said it decided to conduct open market operation (OMO) in two tranches of Rs 10,000 crore each, after reviewing the "current and evolving liquidity and market conditions". Congress leader P Chidambaram on Wednesday targeted the BJP-led government over the Reserve Bank of India's (RBI) 2019-20 annual report and said it is difficult to find any other instance when a central bank Governor is so "royally ignored" by the Centre. August 22, … Explore more on Reserve Bank. Shaktikanta Das said factors like an improved debt-to-gross domestic product ratio and sharply better current account were positive for the economy. The Supreme Court, on September 1, will hear a fresh plea seeking extension of the scheme Nithyananda, who is an accused in a 2010 rape case, had revealed the details of the bank in a video recently and claimed that 'everything was legally established'. A Time Warner Company. Rape-accused Nithyananda Unveils Currency of 'Reserve Bank of Kailasa' on Ganesh Chaturthi.
The central government on Tuesday informed Supreme Court that loan moratorium period can be extended by two years as per the RBI's circular. RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus. Forex traders said the domestic unit gathered momentum after the Reserve Bank of India announced various steps to ease pressure on liquidity. A three-judge bench ordered tagging of the fresh plea filed by lawyer Vishal Tiwari with the earlier pending petition on the issue