"RBI has broken the trend of hike by 5o bps in the last meets of the MPC. RBI’s balancing act is to let the economic growth rate unaffected which is positive for India for the year 2022-23 and is projected to be in the range of 6.5-7 per cent," according to different sources." />
Wednesday, Feb 1 2023 | Time 15:35 Hrs(IST)
image
States » East


Repo rate hike an effort to rein in inflation: Mehul

Kolkata, Dec 7 (UNI) Mehul Mohanka, President of Indian Chamber of Commerce, on Wednesday said, "RBI raised the repo rate by 35 bps today to 6.25 per cent in an effort to rein in inflation which continues to be above desirable levels."
"RBI has broken the trend of hike by 5o bps in the last meets of the MPC. RBI’s balancing act is to let the economic growth rate unaffected which is positive for India for the year 2022-23 and is projected to be in the range of 6.5-7 per cent," according to different sources.
"Indian Chamber of Commerce appreciates the neutral stance of RBI in a scenario of geopolitical tensions, financial market volatility and weather related disruptions."
More News

Sikkim Additional Advocate General submits resignation

01 Feb 2023 | 12:55 PM

Gangtok, Feb 1 (UNI) Sikkim Additional Advocate General Sudesh Joshi resigned on Wednesday.

see more..
Dhanbad fire: 14 including ten women dead, 11 injured

Dhanbad fire: 14 including ten women dead, 11 injured

31 Jan 2023 | 11:51 PM

Dhanbad/Ranchi (UNI) At least fourteen people including ten women and three children lost their lives in a massive blaze that engulfed a high-rise tower in Joda Phatak of Jharkhand's Dhanbad district on Tuesday Night, a senior official said.

see more..
Dhanbad Fire Incident: CM says himself monitoring situation

Dhanbad Fire Incident: CM says himself monitoring situation

31 Jan 2023 | 11:04 PM

Dhanbad/Ranchi, Jan 31 (UNI) Jharkhand Chief Minister Hemant Soren has expressed his grief over the fire incident which took place in a high rise tower in Dhanbad leaving behind atleast a dozen dead and several others injured.

see more..
At least a dozen dead as high rise Tower catches fire in Dhanbad

At least a dozen dead as high rise Tower catches fire in Dhanbad

31 Jan 2023 | 11:00 PM

Dhanbad, Jan 31 (UNI) At least a dozen people have been feared dead including women and children as a major fire broke out in the third floor of of a high rise tower located in Joda Phatak road of this city on Tuesday night.

see more..

Meghalaya polls : Congress leader joins TMC

31 Jan 2023 | 10:54 PM

Dadenggre (Meghalaya), Jan 31 (UNI) A day after he withdrew his candidature from the upcoming Meghalaya assembly elections, senior Congress leader Augustine D. Marak on Tuesday joined the opposition Trinamool Congress (TMC) with a sole intention to defeat Health and Family Welfare Minister and National People’s Party (NPP) candidate, James Sangma.

see more..
image