COMMITTEE OF ADMINISTRATORS
Noida standing committee to assess projects applying for zero-period waiver
On Tuesday, UP government had approved the zero-period policy under which builders will be excused from paying interest on outstanding land dues for the years when litigation stopped construction work.
Committee to suggest necessary amendments in IPC, CrPC to curb mob lynching
Amid demand by members for a separate law to curb mob lynching, H...
Bonds extend losses, yields hit six-week high
RBI action disappointed the market as traders anticipated a cut following New Delhi’s sluggish ...
RBI to retain dovish bias going forward
Das said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year.
View: Twist in the tale, markets turn pale
Going forward, the MPC is likely to see two CPI prints before the Feb policy.
Congressional Committee to review Trump impeachment report on Monday
The US' House Congressional committee will be reviewing the investigation report of President Donald Trump's impeachment inquiry on Monday setting the stage for charges to be filed.
Government may come up with more measures to arrest slowdown
It is also likely that the government may initiate some more counter-cyclical fiscal and other measures to arrest the slowdown, Das said after announcing status quo on the rate front, disappointing market participants. Das said the central bank would wait for further clarity on the kind and nature of counter-cyclical fiscal and other measures by the government.
Oil steadies after price jump; investors wait on Opec meetings
West Texas Intermediate (WTI) crude futures fell 22 cents, or 0.4 per cent, to $58.21 a barrel.
Pelosi instructs House panel to draft articles of impeachment against Trump
"The facts are uncontested. The president abused his power for his own personal political benefit at the expense of our national security by withholding military aid and (a) crucial Oval Office meeting in exchange for an announcement of an investigation into his political rival," Pelosi said in a televised statement.
RBI Guv maintains anti-cryptocurrency stance
RBI has held several internal discussions and consulted with other central banks on possibility of launching India’s own digital currency.
Oil jumps 4% on US stockpiles drop; further OPEC output cuts seen
Brent crude futures were up $2.44, or 4%, at $63.26 a barrel by 11:09 ET (1609 GMT). U.S. West Texas Intermediate (WTI) crude futures were up $2.38, or 4.2%, at $58.48.
RBI may wait for Budget announcements before taking rate cut decision
“The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”
RBI decision to keep rates unchanged shocking: Ashima Goyal
Also disappointed there is no signal on OMOs. RBI seems to be waiting for Budget .
RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again
The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.
Why RBI stayed put on policy rates? Shaktikanta Das explains
Core inflation expected to remain in the current zone below 4 per cent, said Governor Das.
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