Friday, Feb 5 2021 | Time 11:49 Hrs(IST)
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  • SDA leaders begin one-day fast demanding recall of Pondy Lt Governor
  • NCP's Praful Patel blames Centre for farmers' unrest
  • Earthquake of 4 magnitude jolts Indo-Nepal border in Sikkim
  • England team wears black armbands to mourn death of Capt Sir Tom Moore
  • England team wears black armbands to mourn death of Capt Sir Tom Moore
  • Axar Patel ruled out of first test, Shahbaz, Rahul Chahar drafted in
  • Axar Patel ruled out of first test, Shahbaz, Rahul Chahar drafted in
  • RBI maintains status quo
  • Barring emergency services capital town stands still and snowbound
  • Sikkim records 5 new Covid-19 cases
  • RBI KEEPS REPO RATES UNCHANGED
  • England wins toss, to bat first
  • Russia's Kuril Islands hit by 4 9 magnitude earthquake – Geophysical Survey
  • African nations to receive 90mln doses of vaccines against COVID-19 in February - WHO
Business EconomyPosted at: Feb 5 2021 10:58AM


On inflation, the RBI Governor said that the government would review the inflation target for RBI by March 2021 and that inflation targeting had worked well and it would be revised to 5.2 per cent in Q4FY21.
Mr Das said that stance of liquidity management continued to remain accommodative in line with monetary policy and noted that the RBI would ensure government's market borrowing programme functioned in a non-disruptive manner.
He further said that the RBI had decided to gradually restore cash reserve ratio for banks at 3.5 per cent by March 27, 2021.
UNI NV SB 1058
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RBI maintains status quo

RBI maintains status quo

05 Feb 2021 | 10:52 AM

Mumbai, Feb 5 (UNI) Continuing the accommodative stance, the Reserve Bank of India on Friday kept the key rates unchanged for fourth time in a row.

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RBI KEEPS REPO RATES UNCHANGED

05 Feb 2021 | 10:22 AM

UNI NV SB 1020.

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PSP projects receive work order of Rs 236 crores in Gujara

04 Feb 2021 | 11:48 PM

Mumbai, Feb 4 (UNI) PSP Projects has received an additional work order worth Rs. 236 crores (including GST) for an Institutional project at Gujarat.

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Tap new technology to benefit local youth, says CM

04 Feb 2021 | 11:00 PM

Thiruvananthapuram, Feb 4 (UNI) Kerala Chief Minister Pinarayi Vijayan on Thursday said that the state should diligently tap the opportunities from the new technology-driven Fourth Industrial Revolution and create more employment opportunities that benefit local people.

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IRFC issues USD 750,000,000 bonds at a fixed rate of 2 80 pc

04 Feb 2021 | 9:58 PM

Mumbai, Feb 4 (UNI) Indian Railway Finance Corporation Limited (IRFC) the dedicated market borrowing arm of the Indian Railways on February 3, 2021 priced its USD 750,000,000 bonds based on a Rule 144A / Regulation S offering format under IRFC's recently updated USD 4 billion global medium term note programme.

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