In its a macroeconomic report, Reserve Bank of India (RBI) said the priority for monetary policy now is to restore stability in the currency market so that macro-financial conditions remain supportive of growth. RBI said global currency market movements in June-July 2013 prompted a re-calibration of monetary policy. The report, which was released a day before the first quarter monetary policy review of RBI, shows the central bank
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Kochi’s approach roads are unsafe: NHAI
The NHAI officials have expressed their concern over the stability of approach roads of bridges constructed on the highways in Kochi and adjacent areas including Aroor.