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RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major economies in the world with a rising potential growth profile, and stressed that the central bank remains committed to act early and decisively to prevent any build-up of risks.

In his foreword to the RBI's 28th issue of the Financial Stability Report (FSR), Das said achieving durable price stability, ensuring medium-term debt sustainability, further strengthening financial sector resilience, creating new growth opportunities and promoting inclusive and green growth remain key policy priorities.

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Tata Curvv EV Expected Range Details

Tata.ev is readying its big launch for 2024 with the Curvv SUV. The Curvv will be rivalling the
4m plus compact SUV space and will be slotted between the Harrier and the Nexon. As we have
written earlier, the Curvv EV will be coming first then there will be the petrol version which was
also showcased at the AUto Expo 2023.

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Email Bomb Threat Rocks RBI, Other Banks; FM And RBI Governor Asked To Resign

An email sender, who identified themselves as 'Khilafat India', threatened to blow up the Reserve Bank of India (RBI) and two private banks in Mumbai on Tuesday, unless the Union Finance Minister Nirmala Sitharaman and the RBI governor Shaktikanta Das stepped down from their positions. The email, which had the subject line "Breaking News" and was copied to several officials, claimed that 11 bombs were hidden in various locations in the city, including the RBI New Central Office Building in Fort, HDFC House at Churchgate, and ICICI Bank Towers at Bandra Kurla Complex. The email said that the bombs would go off at 1.30 pm if the demands were not met.

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India’s Russian crude imports prevented price surge, ‘havoc’ in global oil market, says petroleum ministry

Global crude oil prices would have surged and created “havoc” in the international oil market had India not ramped up oil imports from Russia in the aftermath of Moscow’s February 2022 invasion of Ukraine, the petroleum and natural gas ministry told the department-related parliamentary standing committee.

“If they (Indian refiners) had not imported Russian oil into India, which may be a big number of 1.95 million barrels per day, that deficiency would have created a havoc in the crude oil market and the prices would have shot up by about $30-40,” a petroleum ministry representative was quoted as saying in a recent report of the standing committee on petroleum and natural gas. The report was tabled in Parliament on December 20.