The Reserve Bank of India on Thursday kept the repo rate and the reverse repo rate unchanged at 6% and 5.75%. Positives like a cooling down in CPI inflation to 4.4 per cent for February had led to speculation over RBI's rate call.
"It has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling [cryptocurrencies]". The RBI is also taking time to evaluate the market impact of developments like increased global crude prices, a hike in US Fed Rates etc. that could have impact on the Indian market in the coming months.
Moreover, the intent of the policy seems neutral and sends signals for supporting growth in near-term, he added. The key Repo rate has been kept at 6 and other key parameters remaining the same has been widely expected while 5 out 6 members of MPC were neutral.
The central bank sees several factors influencing the inflation outlook.
The "inflation print for February did turn out to be softer than our projection", the central bank's governor, Urjit Patel, told media after the policy decision. GDP growth has been projected to strengthen to 7.4 percent in FY19, from 6.6 percent in 2017-18; 7.3-7.4 percent in H1 and 7.3-7.6 percent in H2, RBI said.
'Jersey Shore Family Vacation:' Where Is Sammi? She bravely returned in season two, only to make a quick exit after instigating major drama with The Situation and Snooki . JWoww , 32, told ABC News ahead of the show's premiere why they made a decision to return now.
On the downside, the central bank noted that "rising trade protectionism and financial market volatility could derail the ongoing global recovery".
Rajesh Shah, Ficci President, said: "While the Reserve Bank of India has maintained status quo in current monetary policy statement, we hope that RBI will soon consider cut in policy rate and give a further boost to demand and investments".
"The Goldilocks scenario that RBI has outlined for the new fiscal year - with higher growth expectations and lower inflationary forecasts - could very well indicate rates on hold for the whole year", said Rajni Thakur, economist at RBL Bank Ltd.in Mumbai.
Scheduled Commercial Banks (SCBs), excluding regional rural banks (RRBs), were required to implement Ind AS from April 1, 2018. In our assessment, some of the banks are still not prepared to move into Ind AS. "The CC facility places undue burden on banks in managing their liquidity requirements with corresponding repercussions for RBI's liquidity operations", said RBI Deputy Governor NS Vishwanathan.
Cunningham's family claimed that the 35-year-old had been behaving very strangely before vanishing without a trace two months ago. Public Health Service, but he disappeared after he went home sick on February 12.
The chief engineer at NASA Langley in Hampton, Jay Brandon, said when airplanes fly at a supersonic speed they make sonic booms. Sonic boom, the loud thunder when a plane exceeds 660 plus miles per hour , is a large concern for builders of such aircraft.
Particularly telling is the section where companies reveal what percentage of the best and worst-paid members of staff are women. It says the disparity is because of the number of United Kingdom pilots it employs - 546 are male and only eight are female.
Chanu smashed the CWG record with every lift and even broke her personal record and remained in a league of her own. New Zealand has won a gold and two silver medals in cycling on day one of the Commonwealth Games .
Carles Puigdemont was detained in Germany on March 25 as he attempted to drive from Finland to Belgium , where he now resides. Asked about the decision at a news conference in Algiers, Rajoy said Spain would respect the decision of German courts.
We are going for over 2.5 goals in the game, and our prediction is available for the best odds of ¾ at BetVictor. It's about how well we play together, the quality of our game and how we want to play football.
He also pointed out that the information shared had already been made public by the users who added it to their profiles. These companies monitor how users interact with apps and make suggestions on what could be improved.
Colin Gillis, Chatham Road Partners director of research, on why Spotify shares will trade below $100 this year. It has 159 million total users, including people who are willing to listen to ads for access to free music.
The South Korean delegation included artists, concert staff, taekwondo demonstrators, reporters and government officials. It was a surprise because the culture of the South was taboo in the North, and Kim made an exception in this case.
Tuesday afternoon around 1435, a USMC CH-53E Super Stallion crashed near El Centro, California, killing the 4 man crew. The Pentagon typically withholds identification of fallen troops until 24 hours after next-of-kin notification.
Also not included in the statement were the major college sports conferences for which ESPN has broadcast rights. Disney's technology unit, BAMTECH, a unit of Disney Direct-to-Consumer and global , is backing the services.
Duke of Edinburgh undergoes successful hip surgery
Elizabeth, usually so guarded with her personal emotions, has publicly called him the rock that she depends on. Philip was an avid sportsman for many years and saw active duty in the Royal Navy during World War II.
Villanova has found the Wright way to win an NCAA title
After six weeks of highs and one dizzying low, Beilein didn't sound particularly interested in sliding into the offseason at all. While his teammates hit just five of their first 17 shots, Di-Vincenzo rallied the Wildcats to the nine-point halftime lead.