Reserve Bank of India

The RBI has slashed interest rates by a cumulative 135 basis points this fiscal, making it the world's most aggressively easing major central bank.

The government is widely expected to raise spending on infrastructure and cut some personal tax to spur consumer demand and investment.

In July last year, Sitharaman had said that the Modi government is not a "suitcase-carrying government", in an apparent jibe at the past dispensations.

Alluding to the comments made by Amit Shah challenging Congress leader Rahul Gandhi to prove that amended citizenship law is anti-Muslim, Kharge said, "Not just Rahul Gandhi, people across the country who believe in the democratic process, have expressed how CAA can be misused."

Repo rate is the rate at which the RBI lends money to commercial banks. A repo rate cut allows banks to reduce interest rates for consumers and lowers equal monthly instalments on home loans, car loans and personal loans.

The Reserve Bank of India has cut policy rates by 135 basis points since early 2019 and maintains an accommodative stance

Gross tax revenues rose by a muted 1.5 per cent in H1 FY20, considerably undershooting the 18.3 per cent growth included in FY20 revised budget estimate, with a modest rise in direct taxes and a contraction in indirect tax collections.

Three years of Demonetisation: The Indian Youth Congress protesters raising slogans, carrying placards and flags of Indian Youth Congress (IYC) were stopped a few metres away from RBI building on Parliament Street by Delhi Police personnel.

The FIR was registered under Sections 409 (criminal breach of trust), 420 (cheating), 465 (forgery), 466 (forgery of record of court or public register), 471 (using a forged document as genuine) and 120B (criminal conspiracy).