"I believe with all my heart heart that civilization has produced nothing finer than a man or woman who thinks and practices true tolerance. Some one has said that most of us don't think, we just occasionally rearrange our prejudices. And I suspect that even today, with all the progress we have made in liberal thought, the quality of true tolerance is as rare as the quality of mercy. That men of all creeds have fundamental common objectives is a fact one must learn by the process of education. How to work jointly towards these objectives must be learned by experience". - Frank Knox
MAIN
YOGA
VEDANTA

 

VEDANTA KESARI
PRABUDDHA BHARATA
PERSONALITIES
PEOPLE AND EVENTS
LIBRARY

 

RUSSIA - INDIA
NEWS AND ANALYSIS
ECONOMICS
TRAVEL
MP3
ARCHIVE
LINKS
CONTACTS
NEWS ARCHIVE
RUSSIAN


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VEDANTA MASS MEDIAHighlights of India's monetary policy update
 


            

 

 

 

  
             Highlights of India's monetary policy update

 

 

 

             Indo-Asian News Service

 

 

 

      Mumbai, July 28 (IANS) Following are the highlights of the first quarterly update of India's monetary policy for this fiscal, unveiled by Reserve Bank of India Governor D. Subbarao here Tuesday:

 

      * Bank rate retained at 6 percent

 

      * Repo rate unchanged at 4.75 percent

 

      * Reverse repo rate unchanged at 3.25 percent

 

      * Cash reserve ratio unchanged at 5 percent

 

      * Statutory liquidity ratio unchanged at 24 percent

 

      * Inflation forecast hiked to 5 percent from 4 percent

 

      * Negative inflation only a statistical phenomenon

 

      * Balance between liquidity and inflation main concern

 

      * India's growth now forecast at 6 percent with upward bias

 

      * More scope for cutting rates by commercial banks

 

      * Money supply may grow 18 percent this fiscal

 

      * Policy will ensure enough commercial credit


 

 


     Indo-Asian News Service




     Prabuddha Bharata>>>

     Vedanta Kesari>>>

     Vedanta Mass Media>>>




     Kundalini Tantra>>>
     Swami Gokulananda "Some Guidelines to Inner Life">>>

 

 

      

International Yoga Day 21 June 2015
International Yoga Day 21 June 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Яндекс цитирования Rambler's Top100