RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the RBI is quite optimistic about its 9.5% GDP growth estimate for FY2021-22 at present. He said the impact of the second wave of Covid has waned by August, and economic growth will be better from the second quarter onwards on a sequential basis. Speaking at an event in Mumbai, Das said the RBI has decided to give more emphasis on growth because of the pandemic and operate in the 2-6% inflation band set by the government for it.
Science & Technology
Telegram introduces auto-delete messages feature
Telegram, which is fast gaining users in India in the wake of a WhatsApp privacy row, on Wednesday said it has introduced an auto-delete messages feature for individual chats, groups and channels. Earlier, this feature […]
Indian American
Indian-Origin Issa Brothers Win Bid to Buy UK Supermarket Chain
LONDON (TIP): Indian-origin billionaire brothers Mohsin and Zuber Issa are set to acquire a majority stake in the leading UK supermarket chain Asda from its US owner Walmart after a USD 8.8-billion deal was struck as […]
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