• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 114
    BJP 109
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 68
    BJP 16
    JCC 6
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

Banikinkar Pattanayak

Sick banks: RBI panel may not revisit Prompt Corrective Action Framework

Meanwhile, the government is planning to give priority to PCA-banks over relatively strong ones, as it gears up for the next round of capitalisation in December.

Banking & Finance News

Serious wrongdoing at IL&FS: Here’s what SFIO found after questioning 50 key people running the show

To cite ‘gross governance failure’, conflict of interest, undue enrichment of key execs

IL&FS, SFIO, NCLT, Uday Kotak, Life Insurance Corporation, Companies Act News

Trade talks: Government study to weigh RCEP impact

Move suggests anxiety over potential losses from the deal hasn’t yet subsided

Economy News

RBI-Govt turf war: Finmin ups ante on central bank governance structures

Subhash Chandra Garg said that there is a need to ensure RBI is more responsive and transparent in the manner other regulators are.

Economy News

Read interview of Economic Affairs Secretary Subhash Chandra Garg: NBFC liquidity – More steps needed

The Centre's net borrowings have remained static at around Rs 4 lakh crore over the last two-three years.

Opinion News

PSU Banks: Government plans no cut in Rs 65,000 crore infusion

The government is unlikely to trim its planned Rs 65,000-crore infusion into public sector banks (PSBs) this fiscal, despite the central bank board’s move on Monday to defer the complete rollout of the capital conservation

Banking & Finance News

Not all PCA banks may benefit from RBI review

A central bank panel under governor Urjit Patel could next month revisit its corrective regime framework for weak banks that don’t have international operations.

RBI Monetary Policy, Bank base rates, MCLR, MCLR system, RBI, Reserve Bank of India  News

Arvind Pangariya cautions: Import duty hikes can be counter-productive

Move to contain CAD doesn’t augur well for economy, he says.

niti aayog, economy, indian economy, arvind panagriya News

RBI vs Government: Centre steps back for fear of Governor Urjit Patel quitting, no Section 7 directive yet

Though no Section 7 directive yet, govt began discussions under this on stressed power assets, the PCA framework and RBI parting with capital .

rbi, rbi vs govt, rbi news, rbi latest news

IL&FS crisis aftermath: Government plans mega data platform to flag frauds

Critical financial databases, including those of MCA21, GSTN, CBDT and FIU, proposed to be linked.

Economy News

Infra Funding: NIIF yet to move into the fast lane even after 3 years of its establishment

Around three years after its establishment, the National Investment and Infrastructure Fund (NIIF)— India’s ambitious quasi-sovereign wealth fund — is yet to develop an impressive portfolio of its investments across the

Industry News

Finance ministry set to put PSB recapitalisation plan on fast track

The finance ministry is set to expedite the issue of recapitalisation bonds worth around Rs 45,000 crore to public sector banks (PSBs) to shore up their capital base and enable them to support growth at a time when the lendin

Finance ministry, PSB recapitalisation, PSB recapitalisation plan, NBFC, Nirav Modi , Punjab National Bank  News

IL&FS crisis: SFIO to summon former directors, bailout by govt ruled out

Bailout by govt ruled out; new board may consider sale of some group firms

IL&FS crisis, SFIO, NCLT, ministry of corporate affairs, latest updates on IL&FS crisis News

RBI Board meet: Finmin may raise need to relax PCA framework

In a move that might add to the unease of the central bank, the finance ministry will likely make a case for relaxing the so-called prompt corrective action (PCA) framework of the Reserve Bank of India (RBI) as early as Tue

Economy News

Less PSUs, less imports: Private peers beat PSUs in raising output

As the government mulls ways to substitute certain commodity imports through higher local production, it will do well to undertake a comprehensive review of the performance of key public-sector units (PSUs) vis-a-vis their pr

cairn india, oil sector, steel industry. steel sector News

India’s dominance in this sector faces competition from China; here’s what commerce ministry report shows

India's comparative advantage in the crucial telecommunications, computer and information services trade has eroded in recent years, while China’s has improved.

china, china economy, india, trade News

US-China trade war may bring $8.7 billion bonanza for Indian exports to America

From textiles to marine products, higher potential in 171 items, says commerce ministry.

Economy News

E-commerce: Modi government to say no to proposed FDI curbs?

Disinclined to accept panel’s suggestion that foreign investors be denied ‘control’.

Industry News

IL&FS crisis aftermath: No stress reported in housing financing firms so far, says official

The crisis at Infrastructure Leasing and Financial Services (IL&FS) has prompted authorities to review the health status of the housing finance segment that gets critical refinancing support from the National Housing Bank (NH

Industry News

CAD fears prompt govt to strengthen priority-sector lending

The move comes at a time when export credit has collapsed by over a half as of end-August from a year before, while exports grew over 19% for the month.

Economy News

US-China trade war gives India chance to contain its trade deficit

According to a commerce ministry study, of the 603 American tariff lines (items) on which Beijing has imposed extra duties in the range of 15-25%, India can ship out more in case of 44 items without much difficulty, as it cur

Economy News

Welcome relief! Gold exports shine in first five months of fiscal after last year’s big fall

Analysts say higher exports in 2018-19 suggests a slowdown in domestic demand, caused mainly by an 8% rise in local prices in the June quarter from a year earlier due to a weak rupee.

Commodities News

Govt forced to weigh import substitutes for better trade balance as the Rupee slides

An inter-ministerial panel under commerce and industry minister Suresh Prabhu has asked 15 import-sensitive ministries/departments to come up with specific suggestions urgently to increase local production within two-three mo

Economy News

IL&FS crisis: Action against ex-directors only after probe report

Finance and corporate affairs minister Arun Jaitley was briefed by corporate affairs secretary Injeti Srinivas on Thursday on various aspects of the IL&FS crisis.

IL&FS crisis, IL&FS directors, IL&FS crisis ex directors, debt-laden company, broader financial system News

War on loan defaulters: Government to double NCLT members to speed up case disposal

The workload on NCLT shot up with the increased flow of cases since May last year, when the government authorised the Reserve Bank of India to direct banks to resolve specific cases of bad loans.

loan defaulters, NCLT, NCLT members, National Company Law Tribunals, NCLT benches, operational creditors, financial credictors, industry new News

Modi govt’s twin target: Support sugar, cut oil import bill with ethanol. Here’s latest step

The government has decided to raise the amount of subsidised loans to sugar mills to expand their ethanol production to Rs 6,139 crore, up 38% from Rs 4,440 crore announced earlier, an official source told FE.

Narendra Modi, sugar, oil import, oil import bill, ethanol, ethanol production, Shree Renuka Sugars, economy news

Just the threat of IBC process made debtors pay up Rs 1 lakh crore: IBBI chairman Sahoo

As the Insolvency and Bankruptcy Board of India (IBBI) turns two on Monday, its chairman MS Sahoo dwells upon the efficacy of the new insolvency law in preventing a pile-up of bad debts in future as well as good recovery from

Economy News
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