In the June 04, 2021 announcement, Reserve Bank of India (RBI) Governor Shaktikanta Das urged the people at large to not be overwhelmed by the current situation but resolve to collectively overcome it. The Governor informed of the repo rate left unchanged at four per cent and the reverse repo rate fixed at 3.35 per cent. The RBI projection for[Read More…]
Reserve Bank Of India, Governor , Shaktikanta Das announced measures to deal with the second wave of Covid-19 earlier in May. In his address, he said, “The global economy is showing signs of recovery; activity remains uneven across countries and sectors, clouded by downside risks.” Of the view that localised and targeted containment measures enabled businesses to adapt, he opined[Read More…]
In response to the ACMA SOS seeking priority intervention for operational sustainability of the components industry, the Government of India announced partial relief measures under Lockdown 2.0 guidelines. Story by: Ashish Bhatia The Auto Components Manufacturers Association (ACMA) had sought priority Government intervention for the operational sustainability of the components industry while it mobilised all possible resources and assets to[Read More…]
