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The biggest contribution to overall macroeconomic and financial stability as well as sustainable growth would come from our effort to maintain price stability.
It has been decided to increase the cash reserve ratio CRR by 50 basis points to 4.5% of net demand and time liabilities effective from the fortnight beginning 21st May 2022.
The monetary policy committee voted unanimously to increase the policy repo rate by 40 basis points to 4.40% with immediate effect.
In the conduct of monetary policy we have demonstrated our resolve not to be bound by any rule book and our preparedness to decisively deploy full range of tools both conventional and unconventional.
What is driving me is legacy actually is not about being richest because I mean I don't have too much of needs... what is driving me the most is that we have a lot of needs in Africa and for people…
The biggest risk for us is actually if there are civil war which is not in the offing at all. The other biggest risk is government inconsistencies in policies of which we're addressing that one…
Our target is to get to $100 billion by 2030 and with a market valuation of maybe more than $250 billion because as we speak today last year our EBITDA was $3 billion but the target by 2030 is to be…
We have now the group as a groupwide we have 45 billion dollars to spend. But I know we're also doing LNG in Nigeria. We're doing a gas infrastructure to remove all the gas who are flaring in the…
We guarantee to pay you dividend in dollars because we are very well into exports. 80% of our revenue will be in dollars.
We have created a new category I think worth about 300 crores. Today we have an 80% market share in in masala oats and I think the fact that we went overboard on taste really helped us.
The moment it is public it is no more your company. You may have 60% shareholding but it is not your company. You have 40% ownership by others. So you have to say that it is not my company. The…
I had to do it because I followed that thumb rule of what is good for the organization comes first and not what is good for the family. So it was in the interest of the organization to appoint a…
I think MBA teaches you some basic business issues. It doesn't teach you everything. It doesn't unfortunately doesn't teach you a lot in terms of dealing with people, leadership styles and things…
Imagine if Apple or Facebook actually had a stake in a large swath of thousands of companies that were building stuff on Facebook or building stuff on the App Store. What would their behavior look…
How do we inoculate ourselves against monopolistic behavior? By being so broadly invested in the ecosystem as a whole which basically provides us a framework where we can now sort of have... it's not…
We believe in this thing called the shared network effect which is possible in blockchain. The example of this would be you may not necessarily invest in a company that's building on Ethereum but…
In web 3 we have this potential to do exactly what web one was really supposed to do. As of now in this framework we have ownership of our data which is actually the raw material of the open…
It is the first autonomous fighter jet that the United States is actually deploying, putting weapons on, sending out there. It's a pretty big deal to have something that is totally autonomous…
At the end of the day, you need approval from the State Department, the Pentagon, and the general political apparatus in order to sell to other countries. So, and then that's the way it should be. I…
The Venom engine was designed and built in-house, and it's powering about a half dozen different Anduril products at this point. It's about 90% fewer parts than some of our competitors, and it can be…
Not so much turning car factories into tank factories as designing tanks that can be made by car factories. Now we need to design missiles that can be made by car factories.
Almost everything in here is deployed in combat right now. If I were to try and sell to North Korea, I'd be in prison by the end of the week.
With inflation well above our target we are more concerned about the upside risks to inflation than the downside risks. There is certainly considerable space to raise interest rates over the course…
The economy is now in a place where moving to a more normal setting for interest rates is appropriate. The economy can handle it. We know this will be a significant adjustment and we fully intend to…
The Canadian economy is robust. GDP growth in the fourth quarter was very strong at 6.7 percent. This has reinforced our view that economic slack in the economy has been absorbed and growth in the…
The invasion is also a major new source of uncertainty and volatility in the global economy. The situation is fluid and we are following events closely and we'll be assessing the ongoing economic…
Big businesses must continue to see MSMEs as complementary partners, and collectively we should aspire to create at least 100 national champions who are globally competitive, globally recognized, and…
Over the last decade, India has witnessed one of the most significant financial transformations anywhere in the world through a combination of visionary public policy, regulatory reforms, and digital…
Self-reliance is not just an economic policy, but the foundation of nation-building.
This unique confluence, a mixture of demographic dividends and tailwinds, infrastructure, digital rails and financial services, provides us with an opportunity that comes only once in the lifetime of…