Fed Raises Interest Rates for Second Time this Year
Who gained and who lost what from the Trump-Kim summit
Tardy Trump Disrupts G-7 Gender Equality Meeting
Buffett, Dimon urge end to quarterly profit forecasts | AP business
ZTE Said to Have Signed Preliminary Agreement to Lift US Ban
RBI monetary policy: Highlights for the financial year 19
06 April 2018, 03:21 | Cedric Leonard
A man shows Rs 2000 notes in front of the Reserve Bank of India headquarter
"The MPC made a decision to keep the policyrepo rate on hold and continue with the neutral stance". The key Repo rate has been kept at 6 and other key parameters remaining the same has been widely expected while 5 out 6 members of MPC were neutral. Five of the six-member MPC voted for the decision, while one sought a hike.
Mumbai: All payment system players in India will now be required to store data within the country to ensure its safety and security, the Reserve Bank of India (RBI) announced on Thursday.
Taking these factors into consideration, RBI revised CPI inflation for 2018-19 to 4.7-5.1% in H1:2018-19 and 4.4% in H2, including the HRA impact for central government employees, with risks tilted to the upside.
He added, "For the real estate sector, which has aligned to the government's ambitions, was looking for some encouragement that would move the needle towards accelerated growth". Changes in the repo rate affect bond yields and influence borrowing costs and loan rates.
"Residential sales across key markets of India in 2016-17, where only marginally higher by approximately 5% than new launches in the same period". There is pressure on the central bank to cut interest rates to boost retail inflation and boost growth.
Chief Economist and Executive Vice President, HDFC Bank termed the RBI's neutral stance as "dovish" as it highlighted inflation risks, but lowering its forecast for the same.
The MPC has maintained status quo for the fourth consecutive time since August previous year.
The move is likely to have a far-reaching impact on the payment ecosystem in India as surveys show that nearly 37 per cent respondents who made digital payments used these apps.
How to update your iPhone or iPad to iOS 11.3
This is not something I recommend doing, unless you absolutely, positively need your smartphone to run AS FAST as possible. It's time once again to find creative ways to free enough space on your iPhone just so you can install the latest update.
Yankees' Home Opener Postponed by Snow
Toronto will close out its seven-game homestand with a three-game series against the Chicago White Sox starting Monday night. Devon Travis added an RBI single for the Blue Jays , who salvaged the split of the series by winning the last two games.
The Conner Family is still relevant in America
Trending: Hulk Hogan Returning to WWE? "I think you accused her of being a murderer, didn't you?" asked Kimmel. Barr responded: "I'm still the same". "You all went so far out you lost everybody".
Why is Sunrisers silent on axeing David Warner?
The hard-hitting opener, who has been sent home from the tour of South Africa , is facing a long ban from worldwide cricket. Sutherland wouldn't be drawn on whether Warner would be welcome in the Australian dressing room again.
Happ, Rizzo homer as Cubs beat Marlins
Jeter, who homered in a win in his first opening day with the Yankees in 1996, had less success in his debut as the Marlins' CEO. The Cubs have now improve to 80-61 on opening day in their history and for the first time won an opener in the month of March.
March Madness 2018: When is the Women's Final Four?
And for us to get in here, I think it's going to spark conversation about this and I know the committees have such a hard job". It was written on the white board of their locker room as the stated mission. "The underdog mentally, they may have it".