Today's Newspaper

RBI keeps key rates unchanged, raises inflation forecast slightly

| | New Delhi

Citing worries over the rising trajectory of inflation in the coming days, Reserve Bank of India (RBI) on Wednesday left its key policy rates unchanged on Wednesday. The central bank raised the inflation projection to 4.7 per cent at the upper end by March, while retaining growth estimates at 6.7 per cent for the current fiscal.

The 6-member Monetary Policy Committee in a 5:1 vote chose status quo on rates

in an effort to keep retail inflation within the target of 4 per cent plus or minus 200 bps, while supporting the country’s growth.

The RBI has increased its inflation projection by 10 basis points to 4.3-4.7 per cent in the second and the fourth quarters, from 4.2-4.6 per cent estimated in the October review.




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K’taka CM plants paddy saplings in solidarity with agriculturists

12 Aug 2018 | Kestur Vasuki | Bengaluru

Karnataka Chief Minister HD Kumaraswamy who is facing wrath from the farmers in the State, in an appealing gesture planted paddy saplings in solidarity on Saturday. He chose Aralukuppe village in Mandya district the heart land of vokkaliga politics sowed paddy saplings in a muddied agriculture field amidst a large gathering...

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Odia version of PM’s ‘Exam Warriors’ released

14 Aug 2018 | PNS | BHUBANESWAR

Governor Prof Ganeshi Lal released Odia version of ‘Exam Warriors’, written by Prime Minister Narendra Modi, here on Monday. Releasing the book, the Governor said a common child can build self a superman by strong commitment and will power...

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