Reserve Bank of India (RBI) Governor, Shaktikanta Das, is scheduled to announce the third monetary policy of fiscal year 2024. The six-member Monetary Policy Committee (MPC) held a three-day meeting from August 8 to 10. The previous two policy reviews took place in April and June. In the most recent review in June 2023, the RBI MPC opted to maintain the key repo rate at 6.50 percent. Currently, the Standing Deposit Facility (SDF) rate is at 6.25 percent, while the Marginal Standing Facility (MSF) and Bank Rates are set at 6.75 percent.
Countries around the world often have special nicknames that represent their culture, history, or unique…
The National Mission for Clean Ganga (NMCG) is spearheading several important initiatives under the Clean…
Prime Minister Narendra Modi will inaugurate the first-ever Bodoland Mohotsov on 15th November at 6:30…
For the first time, the India Meteorological Department (IMD) has introduced a localized weather forecasting…
China’s $1.3 billion megaport in Chancay, Peru, majority-owned by Chinese shipping giant Cosco, promises to…
Tropical Storm Sara made landfall in northern Honduras late Thursday, bringing heavy rain and the…