Reserve Bank to Conduct Frequent Term Repos The RBI said it would conduct 14-day term repo auctions four times during a two-weekly reporting cycle, or every Tuesday and Friday, from September 5.
Arvind Subramanian Likely to Be Chief Economic Adviser If confirmed, the appointment would bring in a second economist of international renown to a key policy post following Raghuram Rajan as RBI chief last year.
• Who is Arvind Subramanian?
Watch Out Zara, Gap to Open 40 Stores in India Gap has been looking to reduce its dependence on the North American market, which generates more than three-quarters of its sales.

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