JanMarch

Telangana indicates raising ₹6,572 crore OMBs in Jan-March quarter

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Telangana indicates raising ₹6,572 crore OMBs in Jan-March quarter

The State Government is likely to raise Open Market Borrowings (OMBs) of ₹6,572 crore in the form of auction of securities through the Reserve Bank of India for the fourth quarter of the current financial year which started on Sunday. Accordingly, the government had planned to participate in auction of securities conducted by the RBI … Read more

India’s GDP to contract by 9.5% in FY21, growth may turn positive in Jan-March: RBI Governor

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Shaktikanta Das PTI

RBI Governor Shaktikanta Das said on Friday, “India’s GDP to contract by 9.5 per cent in FY21.” The governor made the statement while addressing media at the end of the three-day meeting of the newly-constituted Monetary Policy Committee (MPC). He added, however, that given the current momentum if some sectors show signs of recovery which … Read more