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.
ENG vs PAK: England clean sweeps Pakistan, defeats them by 7 wickets in the last T20 International match
England has won the four-match T20 series 2-0. In the last T20 International match, England defeated Pakistan by 7 wickets. Two matches of the series were canceled due to rain. England's win over
Gautam Gambhir told the bitter truth of his career, said- 'If I don't touch the feet of the selector, I will be out of the team...'
Every cricketer has his bad times, which all players accept. But what can we say about a player if he faces bad times despite good performance? Former Indian team opener Gautam Gambhir had a
Sanjay Nirupam: 'Expulsion action after resignation', Sanjay Nirupam's counterattack after being expelled from Congress
Former MP Sanjay Nirupam on Thursday took a dig at the Congress leadership over his expulsion from the party. He claimed that the party did this after sending his resignation on his behalf. Earlier,
'If action is taken, we will accept that EC decided under pressure', the commission asked Kejriwal questions in the Yamuna poison case.
Former Delhi Chief Minister and Aam Aadmi Party Convenor Arvind Kejriwal himself reached the Election Commission office on Friday to answer the five questions asked by the Election Commission on the
Mid Size SUV: Kia Seltos is better or it is wise to buy Mahindra, MG, or Tata's mid-size SUV, know the details
Kia has introduced the facelifted version of the Seltos in the Indian market. Many new features have been given to it by the company. After which it would be better to buy it or other SUVs in the
Harsha Richhariya: Harsha, who became famous in Maha Kumbh, replied to the trolls, and also spoke about her return to the world of glamour
Former actress and influencer Harsha Richharriya, who was a follower of Western culture two years ago, has taken on the garb of spirituality after Maha Kumbh. Wearing a Rudraksha around her neck, a
45 days and four countries, the countdown for Housefull 5 shooting begins, and comedy will be on the beach
For a long time, the market of discussions about the comedy film Housefull 5 has been very hot. News about the fifth installment of the Housefull franchise keeps coming out every day. At this time,
Nitish Kumar Bihar: BJP called CM Nitish dirty and Lalu's daughter wrote this with PM Modi's picture.
While speaking on girls' education and population control in both the Houses of the Legislative Assembly, Chief Minister Nitish Kumar said some things that cannot be written here. After this
Waqf Bill: Waqf Board is claiming the monuments under ASI as their own, ASI handed over the list of 120 monuments to JPC
A dispute has erupted between the ASI and the Waqf Board over the ownership of monuments. The Archaeological Survey of India (ASI) on Friday presented a list of more than 120 monuments to the
Vande Bharat Express: CSMT-Madgaon's catering contractor fined Rs 25,000, IRCTC takes action on complaints
The catering contractor of the CSMT-Madgaon Vande Bharat Express has been fined Rs 25,000 by the Indian Railway Catering and Tourism Corporation (IRCTC) after receiving several complaints regarding
