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A Ministry of Commerce spokesman in Beijing stated that India’s measures violate several WTO obligations, including national treatment, and constitute prohibited import substitution subsidies
Prevailing low inflation will squeeze profit margins, increase real value of debt and interest rates for private sector, says MPC’s external member
“While the existing system is simple to understand and administer, it does not differentiate between banks based on their soundness. It is, therefore, proposed to introduce a Risk-Based Premium model,” says RBI
For the week ended December 12, foreign currency assets, a major component of the reserves, increased by $906 million to $557.787 billion, according to the data
