HEALTH INSURANCE POLICY
Scrappage policy: No direct sops for junking old cars
“The Central government will not offer any direct incentives in the policy or any tax sops, as was being talked about earlier,” an official told ET. “State governments will be free to offer rebates on road tax against a scrapping certificate. Even original equipment manufacturers can allow a discount against a scrapping certificate if they want to boost their sales.”
5 reasons why RBI didn't go for rate cut
The Reserve Bank of India on Thursday maintained the status quo on policy rates in its fifth bi-mont...
RBI to see full pass through of previous rate cuts before taking any action
The Reserve Bank of India justified its decision to pause its pol...
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 status quo spooks Sensex, but hopes of more govt reforms limit fall
RBI kept interest rates unchanged at 5.15% and also maintained an accommodative stance.
View: RBI should be cutting rates, not holding
Not a single economist among the 43 surveyed by Bloomberg News predicted no rate cuts happening.
RBI expects banks to soften lending rates even though it has kept policy rates unchanged
The central bank is expecting higher monetary transmission since the share of base rate loans, which have remained largely sticky, has come down. The marginal cost-based floating rate loans, which have annual resets, have become due.
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 satisfied with pace of monetary transmission
He further said transmission, which was bothering the central bank for a long time, is expected to improve with the introduction of linking loan pricing to external benchmark system, which banks have adopted now.
RBI throws ball back in govt’s court to boost growth: Analysts
The central bank acknowledged that it was concerned about inflation in the near-term.
RBI revises inflation projection upwards in view of rising food prices
Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.
Share market update: Bank, auto, realty stocks slip after RBI keeps repo rate unchanged
This halt came after five consecutive cuts. The shortterm lending rate, or repo rate, was unchanged at 5.15 per cent.
Not just a 25 bps rate cut, Street demands unorthodox steps from RBI this time
Market mavens don’t see much effect on the market if the rate cut is on expected lines.
Rajasthan, Tamil Nadu, Karnataka to declare 'no new coal' policy; future demands to be met by renewable & flexible based energy
Karnataka, Rajasthan, Tamil Nadu are states with the highest renewable energy potential in the country. Their installed renewable energy capacities are either higher than coal power or are on a path to overtake it.
Aditya Birla Health Insurance targets 80 per cent growth
In the first half of this fiscal, the company's business stood at Rs 315 cr, 78% higher compared to the previous first half. Last year, it registered a business of Rs 500 cr. With a capital base of Rs 940 cr and with South Africa-based MMI Strategic as its JV partner, Aditya Birla is now eligible to participate in the Ayushman Bharat health cover programme of the government.
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