Markets Week Ahead: Global Central Banks Steer Focus in Pivotal Week for Investors
Markets Week Ahead: Global Central Banks Steer Focus in Pivotal Week for Investors Source link
RBI holds 610th central board meeting in Mumbai, reviews economic outlook and challenges
The Central Board of Directors of the Reserve Bank of India (RBI) on Wednesday (September 4) reviewed the global and domestic economic scenario and outlook, including associated challenges. The 610th meeting of the board was held in Mumbai on September 4. The meeting was chaired by RBI Governor Shaktikanta Das. The board also reviewed various […]
Russia’s central bank hikes interest rate to 19% in battle against soaring inflation
Russia’s central bank has raised its key interest rate by one percentage point, bringing it to 19%, in an effort to curb soaring inflation. The rising costs are attributed to the strain on the economy caused by government military spending, which has fueled higher wages and outpaced the economy’s ability to supply goods and services. […]
Telangana CM urges 16th Finance Commission to increase states’ share in Central taxes to 50%
Telangana Chief Minister A Revanth Reddy on Tuesday (September 10) urged the 16th Finance Commission to increase the share of states in Central taxes from the existing 41% to 50%. Highlighting that Telangana’s debt amounted to over ₹6.85 lakh crore, as of the end of the last financial year, Reddy in his speech at the […]