Indian Central-Bank Members Diverge On Further Rate Hikes As Growth Risks Emerge | Economy News

[ad_1] New Delhi: India’s six-member monetary policy committee (MPC) members appeared increasingly divergent in their views on the future course of rate hikes, with some external members arguing that further tightening could hamper the economic recovery, the minutes of their latest meeting showed on Thursday. The Reserve Bank of India (RBI) kept its key lending…

Read More

Who Is Nandan Nilekani? The Infosys Co-founder And Aadhaar-Architect, Who Donated Rs 315 crore To IIT Bombay | Companies News

[ad_1] New Delhi: Infosys Co-founder and Chairman Nandan Nilekani has donated Rs 315 crore ($38.5 million) Indian Institute of Technology (IIT) Bombay –his alma mater. Nilekani had already given the institute Rs 85 crore, bringing the total amount of his contributions to Rs 400 crore. In Bengaluru on Tuesday, Nilekani and professor Subhasis Chaudhuri,…

Read More