4% inflation target is ideal as it matches average trend since 2014, says RBI paper
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The real time estimate of trend inflation was around 5% till the end of 2013, while it fell steadily to 4.1% in the first quarter of 2019, before rising to breach the 6% upper tolerance limit during the last nine months due to COVID-19 pandemic-led disruptions.
Agencies
RBI projected CPI to be at 6.8% for the third quarter, 5.8% for the fourth quarter and 5.2-4.6% in the first half of next fiscal.
A 4% inflation target for the Indian Monetary Policy Committee is just ideal as it matches with the average trend inflation measured since 2014, a Reserve Bank of India research paper said.
CDP Recognizes Scotiabank for Environmental Leadership
CDP Recognizes Scotiabank for Environmental Leadership
Scotiabank receives A- grade for strong climate-related disclosure and management
TORONTO, Dec. 18, 2020 /3BL Media/ - Scotiabank is pleased to announce it has been awarded a grade of A- from the CDP (formerly known as the Carbon Disclosure Project) in recognition of its strong management of climate-related issues and transparency in its disclosures. This score is above the Global Financial Services average, and an increase over the organization s B grade last year.
The increase is largely in recognition of the Bank s climate change strategy launched last year which includes commitments to mobilizing capital and reducing its own operational impacts.
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Tánaiste marks contribution of one Limerick biggest employers as it celebrates 20 years in Ireland
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The contribution of Northern Trust, which is celebrating 20 years since it established a presence in Ireland, has been recognised by the Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar and IDA Ireland.
The financial services company, which is one of Limerick s biggest employers, is the third largest provider of fund administration and custody services in Ireland employing more than 1,600 people at its offices in Dublin and Limerick.
Marking the contribution the company has made over the last two decades, Mr Varadkar said: “Congratulations to all the team at Northern Trust on this really significant milestone. It’s great to see your growth and continued commitment to the Irish financial services industry. Northern Trust is a valued employer in Ireland, employing some 1,600 people, and contributing substantially to the economy o
Northern Trust Marks 20 Years in Ireland in 2020 businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.