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The junior doctors are at the frontline of the battle against the Covid-19 pandemic.(HT PHOTO)

Junior doctors in Bihar threaten to boycott work from Aug 27

By Ruchir Kumar | Hindustan Times, Patna
PUBLISHED ON AUG 22, 2020 02:01 PM IST
In a letter to the state’s principal secretary (health),the Junior Doctors Association (JDA), Bihar, claimed that the government, while revising their stipend it on May 9, 2017, had said it would be reviewed every three years.
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NPS has a two-tier structure—a pension account that gives tax benefits and is mandatory to open for NPS and an optional account with withdrawal flexibility.(iStock)
NPS has a two-tier structure—a pension account that gives tax benefits and is mandatory to open for NPS and an optional account with withdrawal flexibility.(iStock)

Plan your retirement with National Pension Scheme

UPDATED ON FEB 17, 2020 06:29 PM IST
NPS is a market-linked annuity product wherein you invest a particular sum periodically during your working life and collect an annuity during your retirement.
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Traders will also look to Fed Chairman Powell’s speech in Zurich on Friday for more clues on the policy outlook.(Mint Photo)
Traders will also look to Fed Chairman Powell’s speech in Zurich on Friday for more clues on the policy outlook.(Mint Photo)

Rupee a lad lower, other Asian currencies trade mixed

By Ravindra N. Sonavane | livemint, Mumbai
UPDATED ON SEP 06, 2019 11:46 AM IST
The Indian currency opened at 71.88 against the US dollar. The yield on the 10-year Indian government bond was at 6.604%.
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Equity benchmark indices likely to open flat on global cues.(PTI photo)
Equity benchmark indices likely to open flat on global cues.(PTI photo)

Indian stock markets may remain under pressure, Asian equities weak

By Nasrin Sultana | livemint, Mumbai
UPDATED ON SEP 04, 2019 02:02 PM IST
Asian stocks eased in early deals on Wednesday after poor US economic data stoked fears of global recession. MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower after losing 0.85% the previous day.
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While the rupee has depreciated in seven of the past 10 years, most of the decline was in a calibrated manner.(HT image)
While the rupee has depreciated in seven of the past 10 years, most of the decline was in a calibrated manner.(HT image)

Carry bets may go awry as rupee becomes Asia’s worst performer

By Anurag Joshi | Bloomberg
PUBLISHED ON AUG 14, 2019 01:04 PM IST
The surge in inbound investments into rupee bonds was largely driven by carry trades, adding to fears of a quick reversal in flows if the drop in rupee is not checked.
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Between a dollar-denominated loan and a rupee one, the difference is in who holds the risk of rupee depreciation(REUTERS)
Between a dollar-denominated loan and a rupee one, the difference is in who holds the risk of rupee depreciation(REUTERS)

Foreign borrowing carries risks, but can be managed |Opinion

By Ila Patnaik | Hindustan Times
PUBLISHED ON AUG 02, 2019 07:00 PM IST
To do so, the government and RBI must stick to the FRBM Act and inflation-targeting frameworks
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The government reportedly invoked never-before-used powers under the RBI Act that allow it to issue directions to the central bank governor on matters of public interest.(Abhijit Bhatlekar/ Mint File Photo)
The government reportedly invoked never-before-used powers under the RBI Act that allow it to issue directions to the central bank governor on matters of public interest.(Abhijit Bhatlekar/ Mint File Photo)

RBI autonomy essential, says finance ministry amid rift with central bank

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON OCT 31, 2018 01:23 PM IST
Earlier in the day, television channels reported that Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government.
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The Reserve Bank of India on Monday announced that it will inject Rs 36,000 crore liquidity into the system through purchase of government bonds in October to meet the festival season demand for funds.(AFP File Photo)
The Reserve Bank of India on Monday announced that it will inject Rs 36,000 crore liquidity into the system through purchase of government bonds in October to meet the festival season demand for funds.(AFP File Photo)

Reserve Bank of India to inject Rs 36,000 crore into system in October

By Press Trust of India | Mumbai
UPDATED ON OCT 01, 2018 01:23 PM IST
The auctions to purchase government bonds as part of the Open Market Operations (OMO) to manage liquidity in the system will be conducted in the second, third and fourth week of October.
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Each new day brings a fresh band-aid in India’s efforts to patch up its banks(Photo: Shutterstock)
Each new day brings a fresh band-aid in India’s efforts to patch up its banks(Photo: Shutterstock)

India’s quick fix for banks has a loophole | Opinion

By Andy Mukherjee | Bloomberg
UPDATED ON JUL 04, 2018 11:04 AM IST
Missing from discussions around quick fixes for debt-ridden banks is a crucial question: How will bond vigilantes react to the sound of cans being kicked down the road?
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