Brazil will take over the G20 presidency from India on December 1 and will host the next G20 meeting in 2024. Finance Minister Nirmala Sitharaman on Thursday met Brazil’s Minister.
The RBI regularly intervenes in the foreign exchange markets and stepped up intervention in September. The Indian rupee’s valuation against currencies of major trading partners has surged to a near.
Finance Minister Nirmala Sitharaman on Wednesday said India is willing to engage with the International Monetary Fund (IMF) to work with developing countries in facilitating domestic resource mobilisation to meet.
Negotiations for the agreement was started in 2017 and the fifth round was concluded in August 2019. The next round of negotiations for a trade agreement between India and South.
In its first report, the Indian G20 Presidency-appointed expert group has estimated an additional spending requirement of $3 trillion per year by 2030 to address urgent global challenges and sustainable.
High CP rates are not good news for companies as it raises the cost of short-term funds for them. Rates on commercial papers (CPs) with short-term maturity have risen sharply.
On the domestic side, Kumar said inflation is beginning to come down to the target levels and the government tax revenues have shown a good 16 per cent increase over.
The robust rise in industrial production will be aided by cement and steel production and rise in capital goods imports. If the IIP comes in at 10%, it will be.
The RBI Governor-headed six-member Monetary Policy Committee (MPC) is scheduled to meet for three days beginning October 4. Interest rates for retail, as well as corporate borrowers, may remain stable.
The inclusion of Indian bonds in JPMorgan’s widely tracked emerging market debt index could bring $23 billion worth inflows into the country, Finance Minister Nirmala Sitharaman said on Thursday. The.
