The six-member monetary policy committee (MPC) voted unanimously to keep the policy rate unchanged at 6.5%. However, India's economic growth slowed to 7.1 per cent in the September quarter after peaking to an over two-year high in the first three months of this fiscal, as consumption demand moderated and farm sector displayed signs of weakness.
"Even as inflation projections have been revised downwards significantly and some of the risks pointed out in the last resolution have been mitigated, especially of crude oil prices, several uncertainties still cloud the inflation outlook", the bank said in its statement.
Besides CRR, Banks have to invest certain percentage of their deposits in specified financial securities like Central Government or State Government securities.
The central bank also introduced proposals to improve policy rate transmission and credit discipline, besides initiating a predictable liquidity injection over the next six quarters, starting January, through a phased reduction of 25 basis points (bps) every quarter in statutory liquidity ratio (SLR).
"Taking all these factors into consideration and assuming a normal monsoon in 2019, inflation is projected at 2.7-3.2 per cent in H2 FY2018-19 and 3.8-4.2 per cent in H1 FY2019-20, with risks tilted to the upside", the RBI said.
In its previous policy review in October, the apex bank had projected the retail inflation to be around 3.9-4.5 per cent in the October-March period of 2018-19.
Canada has arrested a senior staff member on Huawei's global executive team on suspicion she violated USA sanctions against Iran. At this time, the department spokesperson can't share more details because Meng requested a publication ban.
Another feature of the Huawei Nova 4 will be the opportunity to work in cellular networks of the fifth generation. This, of course, is due to the fact that we live in the U.S. and flagship Huawei phones are not sold here.
The new feature makes it easier for users to share with a select group and to keep some things more private in the app. Once you are ready to publish, tap the green star icon at the bottom of the screen to open your "Close Friends" list .
Before uterus transplants became possible, the only options to have a child were adoption or surrogacy, Reuters noted. A mother has given birth to a healthy baby girl after surgeons implanted a womb in her body from a deceased donor.
Across France, four people have been killed in accidents linked to the demonstrations and road blockades, and hundreds injured. More protests are planned for Saturday in Paris . "The Yellow Vests wish an act IV next Saturday".
The bill passed the Assembly, where Republicans hold a large majority, by 56-27, according to the Milwaukee Journal-Sentinel. There is a need to protect a lot of good work done over the last eight years, especially from the GOP's perspective.
Authorities are urging victims of crime following the Global Citizen festival to come forward to ensure successful prosecution. Power couple Beyonce and Jay-Z perform during the 'Global Citizen Festival: Mandela 100 .' .
Damian Collins MP, the chair of the parliamentary committee involved, highlighted several "key issues" in an introductory note. Facebook is accused of using this data to assess "not just how many people had downloaded apps, but how often they used them".
They add that the team is developing the test so that it could be used for screening of cancers especially in early stages. The new method from the University of Queensland looks for differences in the genetic code of cancerous and healthy cells.
Unbelievable footage of Virat Kohli in the nets
He reads the batsmen really well. "So it is important not to focus on criticism or even on people who appreciate", said Rahane. He notched his 23rd test century against England at last year's Boxing Day test in Melbourne. "I do think he should be there".
Red Dead Online Economy Update Added To Patch Schedule
Missions only award a paltry few dollars, and killing people in order to loot their bodies is even less lucrative. Further, players are unable to spend what little they do earn on the items they want due to nonsensical pricing.
3-nation crew lands safely on ISS after Soyuz accident
NASA spokesperson Gary Johnson described the mission as "textbook launch and insertion into orbit" during the liftoff commentary. It is reported by Roscosmos on Monday, December 3, reports the Chronicle.info with reference to the Correspondent.
Patrick Corbin agrees to six-year deal with Nationals
Although, according to Jon Heyman of Fancred, two other teams are still in the mix to land the 29-year-old left-hander. Eovaldi went 14-3 with NY in 2015 before undergoing Tommy John a year later and missing the entire 2017 season.