The Reserve Bank of India has called an additional and without pre-determined monetary policy meeting on November 3. A statement issued by the Reserve Bank on Thursday said that this meeting has been convened under the provisions of section 45ZN under the Reserve Bank of India Act, 1934. According to experts, usually the RBI takes such a step when it fails to keep the inflation rate within the prescribed limit.
Retail inflation reached 7.41% in September
Retail inflation in India has risen to 7.41 percent in September. Explain that the Reserve Bank of India must keep it between two percent and six percent, but for the third consecutive quarter, the rate of inflation was more than six percent. Under the rules, it is now necessary for the RBI to tell the government why rising inflation could not be controlled.
The RBI must keep the CPI-based inflation rate between 2 to 6 percent
Under the flexible inflation targeting framework, if CPI (Consumer Price Index) based inflation remains outside the range of 2 to 6 percent fixed for three consecutive quarters, the RBI is considered to have failed to manage the price hike.
The inflation rate was 7 percent in August
Consumer price index (CPI)-based inflation rose to 7.41 percent in September from 7 percent in the previous month, according to data released by the National Statistical Office (NSO) of the Ministry of Statistics and Program Implementation at the beginning of the month. Explain that after the out-of-turn meeting convened in November, the next meeting of the MPC of RBI is pre-scheduled between the 5th to 7th of December.
Nothing Phone 2: Nothing's flagship phone launched with an OLED display, will get up to 512GB of storage
After all the leaks, Nothing has finally launched its new phone Nothing Phone 2. This phone is an upgraded version of Nothing Phone 1 launched last year. Nothing Phone 2 has been introduced with the
'By 2041, Muslims will equal the population of Hindus', Assam CM's shocking claim.
Pointing out the magnitude of demographic change in Assam, Chief Minister Himanta Biswa Sarma claimed that if the current growth rate is maintained, the Muslim population in Assam will almost equal
Bangladesh: Bangladesh is facing the brunt of sanctions on Russia on many fronts
A big problem has arisen in front of Bangladesh to pay Russia. He has to pay for this instead of the nuclear plant being built in the country with the help of Russia. A problem with this is that
Anushka Sharma was seen angry during IND vs PAK T20 World Cup match, video went viral
The T20 World Cup held in America was played between India and Pakistan on Sunday, June 9. India won this match by 6 wickets. During this, the Indian players along with their wives reached the stadium
Manipur: Supreme Court formed a committee of three former women judges for Manipur, who will submit report regarding relief-rehabilitation
The Supreme Court has constituted a committee of three women High Court judges to monitor the relief, rehabilitation, and compensation of the victims of violence in Manipur. This committee will assess
Crane arrived in China to pick up Corona positive patient: officials were following social distancing
Corona has once again gained momentum in China. Lockdown has been imposed again in many cities. People are being appealed to follow social distancing. Meanwhile, a video has surfaced in which a
Corona: Pirola variant of Corona found to be less infectious, study conducted in different laboratories
The new Pirola variant of Corona is less infectious in American laboratories. Research has been done in many US states of the recently revealed BA.2.86 variant and the results of all have come out
When Donald Trump became the President, Elon Musk's wealth increased so much that you will not believe that no one in history is so rich!
During the US presidential election, Elon Musk, the owner of SpaceX, Tesla, and social media platform X, was in the news. Tesla CEO Elon Musk spent money like water for Republican Party candidate
Wayanad Landslide: Rescue operation continues in Wayanad for the seventh day, death toll continues to rise; 180 people missing
Wayanad Landslide There is devastation after a landslide in Wayanad, Kerala. The death toll has continuously increased since the landslide. Meanwhile, rescue and relief operations continued for the
Petrol Diesel Price Today: Oil companies released the prices of petrol and diesel, know the prices of your city
Petrol Diesel Price: Oil companies have released the prices of petrol and diesel for today. Today companies have changed the prices of oil in Delhi and Chennai. A few months back, the government
