He also stated that the government has not taken any steps towards de-dollarisation but is only looking at de-risking its domestic trade from geo-political upheavals.
"There is no de-dollarisation bid on the table," Das stressed categorically and also ruled out offering an assessment on how that will impact the rupee if higher tariffs are imposed by the US on our imports.
In responding to a media question at the customary post-policy presser here Friday, where RBI left the key repo rate unchanged at 6.5% for an 11th consecutive time but cut the cash reserve ratio by 50 basis points to 4%, the governor also said it is too early to assess how such punitive tariffs would impact the rupee which has already been reeling under an impact of a rally in the greenback.
Responding to a question on Trump's threat to impose 100% tariffs on goods coming in from BRICS countries, including India, if there are attempts made to undermine the dollar as world's reserve currency.
هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express Kollam.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express Kollam.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Do early screening to prevent vision loss due to diabetes
India, which is seeing a surge in diabetes cases, is also witnessing a rise in diabetic retinopathy, a condition that damages the retina due to high sugar levels. According to Dr MJ Barman, vitreo-retina and ocular oncology service, ASG Eyecare, Paltanbazaar, Guwahati, awareness about the condition remains low in India. He tells Kavita Bajeli-Datt that the need of the hour is to conduct regular check-ups and educate people about newer treatments that can help reduce the disease burden. Edited excerpts:
Beau is not afraid of Test challenges
IMAGINE being Beau Webster. You had just helped Tasmania beat New South Wales at the Sydney Cricket Ground in the Sheffield Shield game around late November. A 61 and 49 with the bat while taking five wickets across two innings. You get called up as cover for Mitchell Marsh ahead of the pink ball Test against India.
GREEN CORNER IN BOXING DAY BOUT
MCG curator says grass on the surface should excite pacers
Scrap dealer's son Sairaj claims gold
SAIRAJ Pardeshi was pretty clear what he had to become when he was only eight.
Naveen & Lokesh one hit away from national glory
IT was a mixed outing for shuttlers from Tamil Nadu in the ongoing Senior National Badminton Championships in Bengaluru on Monday.
Hyderabad FC squander 2-goal lead to suffer loss
HYDERABAD FC have endured a difficult run in the ongoing Indian Super League so far. And things turned from bad to worse on Monday.
Adani Defence acquires 85.8% in Air Works
ADANI DEFENCE Systems & Technologies Ltd. (ADSTL) is acquiring 85.8% shareholding in Air Works (AWIEPL), India's largest private sector MRO company with the largest pan-India footprint, said the Adani Group company on Monday.
Razorpay grants employees ₹1L ESOPs to mark 10-yr of operation
FINTECH major Razorpay is awarding employee stock option plans (ESOPs) worth ₹1 lakh to all its current employees as part of its 10 years celebration.
Honda-Nissan to be 3rd-largest carmaker
JAPANESE auto giants Honda and Nissan have announced plans to merge operations, creating the world's third-largest automaker by sales, trailing only Toyota and Volkswagen.
Women represent 20% of crypto exchange CoinDCX's high networth customers
WITH the increasing adoption of cryptocurrency, women are now representing 20% of crypto exchange CoinDCX's HNI (high net-worth individual) customers.
