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Health and environment COVID-19 vaccine Imperial College London administers the first dose of their proposed COVID-19 vaccine, which is undergoing a clinical trial. (Imperial College London) International relations North Korea–South Korea relations Amid increasing tensions and in spite of warnings from the South Korean government, hundreds of thousands of anti- Kim leaflets are floated ...
The Reserve Bank of India Act, 1934 (RBI Act) was amended by the Finance Act, 2016, to provide a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee is entrusted with the task of fixing the benchmark policy rate ...
June 3, 2019 (official PBS program by an agreement with WETA 26/Washington, D.C.) [3] The Context: 4:00pm Christian Fraser: July 6, 2023 The World Today with Maryam Moshiri: 2:00pm Maryam Moshiri: February 21, 2024 Telemundo: Noticias Telemundo (Spanish for Telemundo News) 30 minutes (with commercials) Everyday 6:30pm and 11:35pm
Monetary Policy Committee came into force on 27 June 2016. [ 2 ] Suggestions for setting up a monetary policy committee is not new and goes back to 2002 when YV Reddy committee proposed to establish a MPC, then Tarapore committee in 2006, Percy Mistry committee in 2007, Raghuram Rajan committee in 2009 and then Urjit Patel Committee in 2013.
In June 2020, India's foreign exchange reserves crossed the US$500 billion mark for the first time. [16] In June 2021, India's foreign exchange reserves crossed the US$600 billion mark for the first time. [17] [18] India's total forex reserves touched an all-time high of US$642.453 billion on 8 September 2021. [19]
(June 2020) (Learn how and when to remove this message) In India , the Statutory liquidity ratio (SLR) is the Government term for the reserve requirement that commercial banks are required to maintain in the form of cash, gold reserves, Govt. bonds and other Reserve Bank of India (RBI)- approved securities before providing credit to the customers.
On 23 March 2020, Reserve Bank of India infused ₹1 trillion (short scale) through term repo auction, a massive OMOs (open market operations) purchase of government securities. The Reserve Bank is monitoring the financial market conditions and liquidity situation in the economy as COVID-19 pandemic in India fears of a recession.
Urjit Patel (born 28 October 1963) is a Kenyan-born Indian economist, who formerly served as the 24th Governor of the Reserve Bank of India and also Deputy Governor of Reserve Bank of India, looking after monetary policy, economic research, financial markets, statistics and information management. He resigned from his post on 10 December 2018 ...