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Welcome to the Magical World of #Y - Old !

Here, you will experience a realm of #mystery & intrigue & where the true nature of #reality is ultimately unknowable.


Explore a #world of hidden secrets & discover a #new realm of adventure that is beyond understanding.



From the depths of the unknown to the #highest heights of imagination, #Y is the perfect destination 4 any #traveler.


Read 4 tweets
#RBI cut by 40bps each of these👇
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%

Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut

#MPC meet was held ahead of schedule from 3rd-5th,June

#EMI #moratoroum extended by 3 more months
Moratorium extension till 31st August 2020,is both timely &reflective of @narendramodi govt's alacrity--Big relief to #MiddleClass

Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful

This will reduce #NPAs &stress on banks' balance sheets
#RBI's cut in #Repo will reduce cost of funds&extension of #moratorium will be supportive of financial stability;#Rates across #YieldCurve will move lower from current levels

Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend

#Covid
Read 10 tweets
1/ Manu (The progenitor of Humankind)
All different races of Mankind are derived from Manu and Shradha. The current Manu is Vaivasvata Manu.
2/ The word Manu literary means man but it is a title given to the progenitor of mankind. According to Hindu Puranas there are many kalpas (One day of Lord Brahma the creator) and each Kalpa has 14 manvantara and each manvatara has one manu. So basically each Kalpa has 14 Manus.
3/ The current manu of the present manvantara is Shraddhadeva or Vaivasvata Manu of this current Kalpa. He is the son of Vivasvat (Probably Surya) and is therefore also known as Manu-vaivasvata.
Read 155 tweets

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