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FE Bureau

Regulatory bodies,  Supreme Court, NITI Aayog CEO, Amitabh Kant, CCI chief,  e-commerce
Regulatory bodies need to upgrade, say experts

“A lot of tribunals which were created as a special body of adjudicators have become havens for retired bureaucrats and…

By FE Bureau
August 30, 2019 05:31 IST
primary agriculture cooperatives, farmer producer organisations, Nirmala Sitharaman, FPO model, Nabkisan Finance
Government plans to ease process of converting primary agriculture cooperatives into FPOs

“We also hope to form 10,000 new farmer producer organisations to ensure economies of scale for farmers over the next…

By FE Bureau
August 30, 2019 05:25 IST
PM-Kisan scheme, PM-Kisan beneficiaries,  agriculture ministry, NDA government, Aadhaar number, Uttar Pradesh
Government kicks off exercise to check discrepancies in PM-Kisan

The government has disbursed over Rs 20,000 crore under PM-Kisan so far.

By FE Bureau
August 30, 2019 05:19 IST
Divestment process, Essel Group, Subhash Chandra, Adani Green Energy, CPPIB, Essel Green Energy
Adani buys Essel’s 205 MW solar assets for Rs 1,300 crore

The assets, located in Punjab, Karnataka and Uttar Pradesh, have long-term power purchase agreements (PPAs) with various state electricity distribution…

By FE Bureau
Updated: August 30, 2019 07:20 IST
Icra, Naresh Takkar, ICRA Limited, Vipul Agarwal, Group CEO of ICRA, BSE, ICRA equity shares
Icra terminates employment of MD and CEO Naresh Takkar

On July 1, Icra’s board of directors had decided, pending the completion of the examination of the concerns raised in…

By FE Bureau
August 30, 2019 04:29 IST
Hardeep Puri, Air India, Air India privatisation, Amit Shah, air india bidding, Jet Airways, Civil aviation minister
Government to completely exit Air India: Hardeep Puri

The government had decided to retain 26% stake in the national carrier during the last attempt for sale, which, according…

By FE Bureau
August 30, 2019 04:24 IST
Indian telecom operators, Reliance Jio Infocomm, Fitch Group, Voda-Idea, Bharti, 5G technology, 5G spectrum
Credit profiles of telcos to remain stressed: Ind-Ra

The aggregate gross debt of Vodafone Idea, Bharti (India business) and Reliance Jio Infocomm (RJio) at end-FY19 stood at Rs…

By FE Bureau
August 30, 2019 04:18 IST
Mukesh Ambani,  Internet of Things, Reliance Industries, artificial intelligence, Industrial Revolution, blockchain,  cloud computing, PDPU
Mukesh Ambani: India’s digital transformation in 2 years unmatched

Speaking at the seventh convocation of Pandit Deendayal Upadhyay Petroleum University (PDPU), the RIL chairman said that India’s digital transformation…

By FE Bureau
Updated: August 30, 2019 07:20 IST
India Ratings, India Ratings downgrades Wockhardt, IND BB, BSE, Wockhardt revenue
India Ratings downgrades Wockhardt to IND BB+’; outlook negative

The downgrade and negative outlook reflect the significantly elevated refinancing risks for Wockhardt in second half of FY20 due to…

By FE Bureau
August 30, 2019 03:59 IST
RBI Annual Report 2018-19, global demand, Reserve Bank of India, consumption expenditure, Indian economy, economic activity, gdp growth
RBI Annual Report: Mute global demand, slow government spending led to slowdown

During FY19, the balance sheet size of the RBI increased by 13.42% to Rs 41.03 lakh crore.

By FE Bureau
Updated: August 30, 2019 07:16 IST
pre demonitisation levels, Circulation of notes, currency circulation, GDP ratio, currency GDP ratio
Circulation of notes gains currency by 17 percent

The amount of Rs 500 (new notes) counterfeit notes has risen by 121% over the previous year, while counterfeit Rs…

By FE Bureau
August 30, 2019 03:04 IST
NBFC, NBFC Registration cancelled, cyber security, NBFC sector, RBI
Registration of 1,604 NBFCs cancelled

The mandate to maintain financial stability is ensured through close supervision of systemically important NBFCs; those with asset size of…

By FE Bureau
August 30, 2019 02:58 IST
bank frauds, bank frauds in 2018-19, public sector banks, RBI, bank frauds in india
Value of reported bank frauds surge 74 percent in 2018-19 financial year

Among bank groups, public sector banks (PSBs) accounted for the bulk of frauds reported during the year, followed by private…

By FE Bureau
August 30, 2019 02:52 IST
Digital transaction, RTGS, NEFT facility, point of sale, Prepaid Payment Instruments, RBI
Digital transaction see robust growth during FY 2018-19

Under electronic payments, the Real Time Gross Settlement (RTGS) system handled 137 million transactions valued at Rs 1,357 lakh crore…

By FE Bureau
August 30, 2019 02:46 IST
GDP growth, Reserve Bank of India, CEII, GDP dynamics, key economic indicators
Now casting GDP growth for better policy response

The reason behind the move is that uncertainty has emerged as a key input that is being factored in while…

By FE Bureau
August 30, 2019 02:37 IST
Non food credit, scheduled commercial banks, public sector banks, IBC process, Food grains, horticulture production
Non-food credit by scheduled commercial banks rises 12.3 percent

Banks’ credit to the commercial sector rose by 13.3% as on March 31, compared with 10% a year ago, as…

By FE Bureau
Updated: August 30, 2019 04:43 IST
RBI, RBI income, RBI balance sheet, foreign exchange gains
RBI’s income soars 147 pct, enables transfer

Total income rose 146.5% to Rs 1.93 lakh crore in 2018-19 while expenditure fell by 39.72% to Rs 17,045 crore,…

By FE Bureau
August 30, 2019 02:23 IST
Exim Bank, Samurai bonds, Japanese market, Japan Credit Rating Agency, Moody’s
Exim Bank raises 32 billion yen through Samurai bonds

On Monday, the transaction commenced with price guidance for three-year tranche at yen swap offer (YSO) + 70-75 bps and…

By FE Bureau
August 30, 2019 02:15 IST
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