Business, Economy & Banking Current Affairs - 2019
Business, Economy and Banking in Current Affairs 2019 with latest news and current affairs in Agriculture, Industry, Banking, Capital Markets, Import and Export and Government schemes in commercial sector.
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Google India introduced ‘Start Searching India’ campaign to help internet users get the most out of the web with its search tool.
Objective of “Start Searching India”: To help Indian users save time, by showing how they can get instant and to the point answers to their most common queries
Duvvuri Subbarao, Governor of the Reserve Bank of India, stated that the declining of the rupee is the biggest risk to inflation.
RBI left interest rates unchanged as it supports a battered rupee but it would roll back recent liquidity tightening measures when stability returns to the currency market enabling it to resume supporting growth.
RBI also has reservations on issuing sovereign bonds and as it feels that sovereign bond issue would compromise financial stability. As per RBI, the cost of a sovereign bond issue outweighs the benefits at current juncture.