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Blog Entry# 5906789
Posted: Dec 10 2023 (05:29)

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Rail News
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Dec 10 2023 (05:29)   RBI Holds Rates Steady, Indian Stocks Hit New Highs, Infosys Co-Founder Urges Longer Work Hours

guest   134 news posts
Entry# 5906789   News Entry# 533263         Tags   Past Edits
read full article... Anti-collision system Kavach deployed on 1465 Route km, 139 locomotives, work underway in major corridors

The Reserve Bank of India (RBI) held interest rates and its monetary policy stance steady for the fifth consecutive time, citing moderating inflation but signaling that rates will stay elevated to ensure inflation reaches the central bank's target. The RBI also raised its economic growth forecast for FY24 due to robust...
more...
demand. Meanwhile, Indian stock markets reached new highs, with the Nifty briefly surpassing 21,000, driven by gains in banking and IT stocks. Despite this, the market fluctuated due to concerns about the recent surge in stock prices. Infosys co-founder NR Narayana Murthy has reiterated his stance that young people should work longer hours to boost productivity and enhance India's competitiveness, despite recent controversy surrounding his suggestion.

Reserve Bank of India (RBI) ne paanch baar lagatar interest rates aur monetary policy stance ko stable rakha hai, inflation kam hone ke baad bhi, lekin iska signal hai ki rates high hi rahenge taaki inflation central bank ke target tak pahunch jaaye. RBI ne FY24 ke liye economic growth forecast...
more...
bhi badhaaya hai kyonki demand bahut strong hai. Iske saath hi, Indian stock markets ne naye highs achieve kiye hain, Nifty ne 21,000 ko cross kiya hai, banking aur IT stocks mein growth ke karan. Iske baad bhi market up-down ho raha hai kyonki logon ko stock prices ke recent surge ke baare mein tension hai. Infosys ke co-founder NR Narayana Murthy ne apna stand repeat kiya hai ki youngsters ko zyada hours work karna chahiye taaki productivity badhe aur India ki competitiveness increase ho, halanki is suggestion ke baare mein kuchh controversy bhi hai.

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