Ravindra Dholakia, however, had voted to change the stance to neutral. With the market expecting RBI to hold the repo rate at 6.5%, Mint takes a look at the five things that could be on the MPC's radar. Moreover, the central bank had said in its October policy that a rate cut was off the table.
SLR lowered to align with Liquidity Coverage Ratio: In order to align the SLR with the LCR requirement, the MPC chose to reduce the SLR by 25 basis points every calendar quarter until the SLR reaches 18 per cent of Net Demand and Time Liabilities (NDTL). Currently, SLR stands at 19.5 per cent. SLR refers to the share of bank's total deposit that it needs to maintain itself as liquid assets.
The RBI also announced an auction of a 12-day Government of India Cash Management Bill.
The central bank has retained the GDP growth projection for 2018-19 at 7.4 per cent.
Under the country's new economic program announced on September 20, the inflation target for this year is 20.8 percent, 15.9 percent for 2019, 9.8 percent for 2020, and 6 percent for 2021.
The CPI inflation has been projected at 2.7-3.2 percent for the October-March period, the statement said.
The board members include RBI governor Urjit Patel, RBI deputy governor Viral Acharya, executive director Michael Debabrata Patra, IIM Ahmedabad professor Ravindra H Dholakia, Delhi School of Economics director Pami Dua and Indian Statistical Institute Professor Chetan Ghate.
By simply observing the colour change, it is possible to identify the cancerous DNA with the naked eye within five minutes. And though this "methylscape" could serve as a biomarker for cancer , researchers didn't have a good way to detect it.
One user on Twitter wrote, "So sad, but a part of me always knew that they were not going to make it for the long run". In a post on her Instagram page, Cardi B said things have not been working out between them for a long time.
Despite the questions, US President Donald Trump was in an ebullient mood, promising benefits to US farmers and auto companies. Both Xi and Trump made concessions in Buenos Aires to temporarily deescalate this trade dispute.
Michel's extradition comes six years after his alleged involvement in the purchase of VVIP helicopters first surfaced in 2012. Given the sensitivity of the matter, James will be kept at the CBI headquarters and not be sent to judicial custody.
Cape Town - Hot off the release of their stunning wedding album, Nick Jonas and Priyanka Chopra hosted a final wedding reception. Now, The Game of Thrones' actress' look from the newlyweds' Delhi reception is being immensely appreciated by sartorial police.
CBS affiliate WPEC-TV reports that another attorney said Epstein's was able to "buy his way out" of a life sentence. The settlement involved a lawsuit Epstein filed against Edwards nearly a decade ago.
The International Committee of the Red Cross said it welcomed the announcement and would oversee and facilitate the exchange. Rebel official Abdel Kader al-Murtadha confirmed the deal, adding that he hoped it would be "implemented without problem".
He also had three songs - his three No. 1s, to be precise - in the top five of that platform's top 100 global songs chart. Drake , Post Malone and XXXTentacion - have been named as the most streamed artists of the year on Spotify .
Across France, four people have been killed in accidents linked to the demonstrations and road blockades, and hundreds injured. A demonstrator watches a burning vehicle near the Champs-Elysees avenue during a demonstration Saturday in Paris .
Fight statistics show Tyson Fury convincingly out-punched Deontay Wilder by a huge margin in their heavyweight boxing showdown. Earlier this week, Wilder's co-manager Shelly Finkel said the 33-year-old was "very interested" in fighting Joshua.
This level of control seems more important now than ever so let's dive into what ... This was done in order to claim a bounty or fee for driving installations.
3-way tie for lead in Bahamas with Woods at the bottom
His 1-under 287 was one stroke better than Japan's Hideki Matsuyama , who shot a 3-over 75 to close out his tournament. Stenson almost rallied from a seven-shot deficit in 2016, only to finish toward the bottom of the pack past year .
Rudy Giuliani has no idea how the internet works
Keep that in mind as we travel back to Friday, when Giuliani tweeted some complaints about Special Counsel Robert Mueller . In January of 2017, Trump named Giuliani as his cybersecurity advisor .
Soyuz successfully launched into orbit
CBC News Network will also broadcast the interactive special featuring Canadian astronaut Chris Hadfield. NASA and Roscosmos said all onboard systems were operating normally and the crew was feeling fine.
Alexandria Ocasio-Cortez reports from the abyss
The online drama popped off when Huckabee mocked Ocasio-Cortez as "looney" for comparing her election to the moon landing. We went to the moon, we electrified the nation, we established civil rights, we enfranchised the country.
Former Ukip leader Nigel Farage quits party
And Ukip deputy leader Mike Hookem was scathing about Mr Farage. 'He failed to get a vote through at yesterday's NEC. He said he was leaving UKIP because he is uncomfortable with the direction it has taken in recent months.
Stocks tumble amid China trade uncertainty
Defensive Utilities .SPLRCU eked out a 0.2 percent gain, the only one of the 11 major S&P 500 sectors in positive territory. The yield on the 10-year Treasury note fell to 2.91 per cent from 2.99 per cent late Monday, a large move.
Tsunami warning after huge quake off New Caledonia
The Joint Australian Tsunami Warning Centre issued an update saying that no tsunami risk has been identified to Australia. McGarry said he felt the quake where he is based in Vanuatu's capital, Port Vila, as a mild shaking.
Pakistan opener Mohammad Hafeez to retire from Test cricket
Hello and welcome to the live blog of the third day's play between Pakistan and New Zealand in the third and final Test. After the second report of his action in August 2014 Hafeez was banned from bowling at worldwide level for 12 months.
Ravens vs. Falcons offensive snap counts
Tavon Young was quick to snag the ball and returned it 12-yards the other way for a game-sealing Baltimore Ravens touchdown . Beasley punctuated the score by slam dunking the ball over the goalpost, thus incurring an unsportsmanlike conduct penalty.