Policy On Ist

The government is planning to come out with a comprehensive policy for mandatory adoption of Indian Standard Time (IST) nationwide, a senior consumer affairs ministry official said.

The central bank said on Monday it expects inflation to remain near current elevated levels for the remainder of the fiscal year that ends in March. Analysts expect the RBI to raise its policy interest rate for the second consecutive review due at 1100 IST on Tuesday.

The government is planning to come out with a comprehensive policy for mandatory adoption of Indian Standard Time (IST) nationwide, a senior consumer affairs ministry official said.

The central bank said on Monday it expects inflation to remain near current elevated levels for the remainder of the fiscal year that ends in March. Analysts expect the RBI to raise its policy interest rate for the second consecutive review due at 1100 IST on Tuesday.