Narendra Modi was sworn in as India s Prime Minister on Sunday for a record-equalling third term at a grand ceremony held in New Delhi, attended by thousands of dignitaries, including leaders of regional countries, Bollywood stars and industrialists.
Growth-inflation balance now favourable, says RBI hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
Reserve Bank of India | Reserve Bank of India payout to help trim deficit telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
The RBI on May 22 announced a record-high dividend transfer to the government equivalent to 0.6 per cent of GDP ( Rs 2.1 lakh) from its operations in FY24. The figure has surpassed the 0.3 per cent of GDP expected in the FY25 budget from February. Hence, the rating agency said that it will aid the authorities in meeting near-term deficit reduction goals.
India s incoming government will be greeted with a $25 billion cheque from the central bank, giving it the option to either boost spending or narrow the fiscal deficit quicker, both of which will. -May 24, 2024 at 01:59 am EDT
- MarketScreener