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The Reserve Bank of India is overwhelmingly expected to hold its key repo rate at 6.50%, after a sharp rise in inflation past the RBI's 6% tolerance ceiling in October prompted many economists to ...
India has growing data centre industry. Data centres are used for national security, internet infrastructure, and economic output. As of 2024, India's data centre capacity is at 950 MW, which is expected to be 1800 MW by 2026. [1] The data centre industry is valued at US$1.2 billion in 2021, a 216% growth from $385 million in 2014.
The committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the government of India. They need to observe a "silent period" seven days before and after the rate decision for "utmost confidentiality". The governor of the Reserve Bank of India is the chairperson ex officio of the ...
In North America, the term wire center may be used to denote a central office location, indicating a facility that provides a telephone with a dial tone. [1] Telecommunication carriers also define rate centers for business and billing purposes, which in large cities, might encompass clusters of central offices to specify geographic locations ...
The annual inflation rate in India was recorded at 6.95% in 2023. Historically, from 1960 until 2023, the annual inflation rate in India averaged 7.37% reaching an all-time high of 28.60% in 1974 and a record low of -7.63% in 1976. The inflation rate for Primary Articles is currently at 9.8% (as of 2012).
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Local number portability allows a number to be moved to a different carrier or a different wire center within the same rate center. [4] A landline provider typically will not allow a cross-town move to a different rate center under the same number at standard rates; possible alternatives include expensive foreign exchange service or a nomadic class of service such as voice over IP or a mobile ...
In the mid 1990s, the Committee for the Development of the Debt Market had studied and recommended the development of a benchmark rate for the call money markets in India. Accordingly, National Stock Exchange of India (NSE) developed and launched the NSE Mumbai Inter-Bank Bid Rate ( MIBID ) and NSE Mumbai Inter-bank Offer Rate (MIBOR) for the ...