Vijayawada (AP), Feb 06 (ANI): External Affairs Minister S. Jaishankar reacted on 'Toolkit', shared by climate activist Greta Thunberg, by saying "it has revealed a lot" and 'we have to wait and see what else comes out'. He asserted that there was a reason why Foreign Ministry reacted to statements which some celebrities gave out on matters on which they obviously didn't know very much.
Vijayawada (AP), Feb 06 (ANI): External Affairs Minister S. Jaishankar hailed the currently presented Union Budget and said that 5-10 years from now, people will remember 2021-2022 budget. "You will remember the budget, this vision of Atmanirbhar Bharat was made into a plan, presented to the country with the resources with the expenditure etc which will make Atma Nirbhar Bharat happen," he said.
Katni (Madhya Pradesh), Feb 06 (ANI): Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan inaugurated various development projects in Katni on February 06. While addressing the public, CM Chouhan said, "In next three years, there'll be taps and drinking water in every house. Poor will be provided with money to build pucca houses. About 3,25,000 Ayushman cards were made including free treatment upto Rs 5 lakh for needy."
From the hits and misses of Finance Minister Nirmala Sitaraman's post-contraction Budget to why the Modi government has lost the battle on farm laws, here is what Business Standard columnists wrote this week.
The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. Business Standard's Shrimi Choudhary explains RBI policy announcements and its likely impact.
The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will join a select group of countries offering such facility to investors. The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI. This will allow such investors to open Gilt account with the apex bank.
The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. The central bank said it will restore the cash-reserve ratio (CRR) to its normal levels in two phases, 3.5 per cent (from 3 per cent now) effective March 27, and then at 4 per cent from May.
RBI Monetary Policy: The Reserve Bank has announced that resident individuals can make remittances to international finance centres for purposes of investing in securities issued by non-resident companies. Watch the video.
SLR holdings in HTM category: The RBI said in order to provide certainty to the market participants in the context of the borrowing programme of the centre and states for 2021-22, it has now been decided to extend the dispensation of enhanced HTM of 22 percent up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022.
Reserve Bank of India Monetary Policy review press conference headed by Governor Shaktikanta Das
The Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2%, saying it has returned within the 'tolerance band'. In its last monetary policy review of this fiscal, the RBI has decided to keep the key repo rate unchanged at 4 per cent with accommodative stance to ensure that inflation remains within the target, RBI Governor Shaktikanta Das said while unveiling the policy on Friday.
Mumbai, Feb 05 (ANI): While addressing a virtual press conference in Mumbai on February 05, Reserve Bank of India (RBI) Governor Shaktikanta Das said, "Projection of CPI (consumer price index) inflation has been revised to 5.2% for Q4 of the current financial year."
New Delhi, Feb 05 (ANI): Schools for students of classes 9th to 11th reopened in the national capital on February 05. The schools followed COVID-19 guidelines amid pandemic fear. Students and teachers were allowed entry only after thermal screening. Students of classes 9th and 11th joined the school after a long gap of over 10 months. The government had resumed schools for classes 10th and 12th on January 18. All educational institutions were forced to shut down due to coronavirus pandemic.
Mumbai, Feb 05 (ANI): While addressing a virtual press conference in Mumbai on February 05, Reserve Bank of India (RBI) Governor Shaktikanta Das said, "The resilience of digital payment ecosystem to operational risks needs to be constantly upgraded." "A potential area of operational risk is associated with outsourcing by payment system operators and participants of authorised payments systems," he added. "To manage the attendant risks in outsourcing and ensure that code of conduct adhered to while outsourcing payment and settlement related service, RBI shall issue guidelines on outsourcing of such services by these entities," RBI Governor further stated.
The Reserve Bank of India (RBI) kept rates steady at record low levels as widely expected on Friday and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system. Here are the important announcements that RBI Governor Shaktikanta Das made during his policy speech.
New Delhi, Feb 05 (ANI): As per the data released by Ministry of Health and Family Welfare (MoHFW), India on February 05 reported single-day spike of 12,408 new coronavirus cases in the last 24 hours. 120 deaths in the same period pushed the COVID-19 toll in the country to 1,54,823. India's confirmed cases of coronavirus stand at 1,08,02,591 which include 1,51,460 active infections. More than 1,04,96,308 people have recovered from the virus with 15,853 new discharges in last 24 hours. Till date the total vaccination is 49,59,445. According to Indian Council of Medical Research (ICMR), a total of 7,15,776 samples were tested on February 04. Cumulative samples tested for COVID-19 till February 04 are 19,99,31,795.
Bi-monthly Monetary Policy statement by Reserve Bank of India Governor Shaktikanta Das.
New Delhi, Feb 05 (ANI): If you own an old Apple TV and simply can't live without the want to stream YouTube app, then it might be the time to replace your device as after popping a warning message for users of third-generation Apple TV, YouTube announced that it is ending its support from next month. According to The Verge, YouTube will no longer be accessibly available to stream on the third-generation Apple TV, first launched in 2012. However, the fourth-gen Apple TV HD and fifth-gen Apple TV 4K that Apple currently sells will remain unaffected. As the YouTube streaming will not be conceivable to locally run on the third-generation Apple TV, the owners, however, will be able to access the service from an iPhone or iPad using AirPlay. As per The Verge, other streaming services have also gradually been dropping support for older Apple TV models. HBO also pulled its 'HBO Now app' from second-and third-generation Apple TV boxes, last year. While its more current gadgets run tvOS and hig
Chennai, Feb 05 (ANI): England teat team captain, Joe Root and England team bowler Sam Curran on February 04 met Street Child Cricket team that won the Street Child Cricket World Cup at Lord's in 2019. The virtual interaction, organised by the British High Commission (BHC), took place ahead of India-England Test series, set to begin in Chennai from February 05. Paulraj and Monisha questioned England players on how they got into the game, swapped stories and discussed the upcoming England versus India Test series.
Washington DC (USA), Feb 05 (ANI): US President Joe Biden at US State Department address said that they are in touch with their allies to bring together international community to address Burma military coup. He urged the Burmese military to relinquish power they have seized, release activists and resume telecommunications. Taking a dig on China, Biden said, "We will take on directly challenges posed to our prosperity, security and democratic values by our most serious competitor, China.""We'll also confront their economic abuses. But we're ready to work with Beijing when it's in America's interest," he further added.