PM Modi raises concerns over crowds without masks at hill stations businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
RBI to the rescue, again
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The central bank must be more transparent on how it generated the huge surplus - REUTERS
The central bank must be more transparent on how it generated the huge surplus - REUTERS×
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The Centre cannot be grudged large surplus transfer from the RBI, but prudence is important
The transfer of ₹99,122 crore of its surplus by the Reserve Bank of India to the Centre for the nine-month period from July 2020 to March 2021 is no doubt a shot in the arm for the latter’s finances. With tax revenues set to contract due to the pandemic, the funds received from the RBI will be handy in bridging the fiscal gap to some extent. The funds will also be useful to meet the additional expenditure incurred in combating the healthcare emergency in the country and to provide relief to the affected segments. That said, the quantum of the transfer, that too for a nine-month period, raises red flags. While the RBI’s Annual Report for 2020-21, wh
High fuel prices: Govt making a revenue kill, public swallows a bitter pill timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Centre Helps — a nonprofit crisis center for residents living in Centre County — offers a 24-hour crisis hotline for those who are in need of assistance.