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RBI may hike rates in case cereal inflation picks up: Analysts

Mumbai, Aug 26 (PTI) The Reserve Bank of India (RBI) is likely to rely on liquidity management to tackle a spike in vegetable prices which are more temporary in nature, but it could hike rates if cereal inflation begins to pick up, analysts said on Friday. A day after the release of the minutes of the last meeting of the RBI’s rate-setting panel, foreign brokerage HSBC, in a note, said the central bank will use liquidity management tools as the first line of defence as long as it sees food price pressures arising from just a few items like tomatoes.

Old Pension Scheme will be taken call after Centre’s decision: Haryana CM

Chandigarh, Aug 26, 2023: The Haryana government will make a decision regarding the demand of government employees to implement the old pension scheme (OPS) after the Centre makes a decision based on a committee’s recommendations. A committee has been established by the central government to look into the matter under the national pension scheme. This was mentioned by the chief minister, Manohar Lal Khattar, in a written response to an unstarred question posed by Independent MLA Balraj Kundu on Friday during the first day of the monsoon session of the state assembly. According to the response, the state government often

Kriti Sanon says after National Award win, “Hope it is a beginning of a new chapter in my life”

New Delhi, Aug 25 (PTI) Winning a National Award is a big deal, says Kriti Sanon after bagging her maiden best actress honour and she hopes it marks the beginning of an exciting new chapter in her professional journey. Sanon, who is currently in her ninth year as an actor, bagged the award on Thursday for her performance in filmmaker Laxman Utekar’s dramedy “Mimi”. “It is definitely a big moment for me, my family and those who associated with me on this film. I’ll always remember what I felt when I got to know that I have won this award.

Russian President Putin has no plans to attend G20 in India in person: Kremlin

MOSCOW, Aug 25 (Reuters) – The Kremlin said on Friday that Russian President Vladimir Putin had no plans to attend the G20 summit in India in September in person. The International Criminal Court (ICC) has issued an arrest warrant for Putin accusing him of war crimes in Ukraine, something the Kremlin strongly denies. This means he risks arrest when travelling abroad. This week he attended a gathering of leaders from the BRICS group of emerging economies in South Africa by video link, not in person.

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