Monthly Archives: December 2018

Cosmonauts spacewalk to a ‘mystery hole’

Take samples of a cavity in Soyuz Using knives and shears, a pair of Russian spacewalkers on Tuesday cut samples of material around a mysterious hole in a Soyuz spacecraft docked on the International Space Station that a Moscow official suggested could have been deliberate sabotage. Roscosmos space agency said …

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Japan picks ‘disaster’ as symbol for 2018

It faced a series of natural calamities Japan on Wednesday selected the Chinese character for ‘disaster’ as its ‘defining symbol’ for 2018, a year that saw the country hit by deadly floods, earthquakes and storms. Japanese TV stations broadcast the annual announcement live, with Seihan Mori, master of the ancient …

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To meet heads of PSBs, private banks

Addressing issues concerning the banking sector will be one of the immediate priorities of the newly-appointed Governor of the Reserve Bank of India, Shaktikanta Das, who has called for a meeting with the chief executives of Mumbai-based public sector banks on Thursday. “To begin with, I have convened a meeting …

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‘RBI’s excess capital should not be used to fund deficit’

Central bank’s sanctity should be preserved: former CEA Former Chief Economic Adviser Arvind Subramanian said it is important to protect the Reserve Bank of India’s (RBI) autonomy and there must be open technical discussions on issues in the present context. ‘No politicising’ “I want to convey that preserving the integrity, …

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Equities gain, rupee breaches 72 against dollar

However, market volatility may continue ahead of RBI meet Benchmark equity indices rose sharply on Wednesday as investor confidence grew after the appointment of a new governor for the Reserve Bank of India (RBI) and the State election results fuelling hopes that the government would increase rural spending, among other …

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Inflation outlook seems benign, says Das

New RBI Governor says he will interact with stakeholders to assess whether liquidity remains a constraint Reserve Bank of India Governor Shaktikanta Das said though inflation outlook seems benign, one should be watchful of the developments. After raising interest rates twice in the last six months and changing the monetary …

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Theresa May faces leadership challenge

Hardline Brexit MPs in Conservative Party seeks change in leadership to extract a new deal from European Union leaders British Prime Minister Theresa May faced a vote of no-confidence in her leadership of the Conservative Party on Wednesday evening after some pro-Brexit MPs in the party followed through on their …

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Allow ‘minorities’ into India, says HC

Court asks Centre to bring in a law The Meghalaya High Court has asked the Centre to bring in a law to let people of religious and ethnic minority communities from Afghanistan, Bangladesh and Pakistan to be given citizenship without any cut-off year or any questions asked. Allowing a writ …

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