Economy
GST compensation: Jharkhand joins GST borrowing scheme
All 28 states and 3 UTs have now come on board
Effective IP regime is foundational to achieving India’s goal of USD 1 trn digital economy: Nisha Desai Biswal
Biswal was speaking at the third annual India-US IP Dialogue on Friday organised by the US Chamber of Commerce's Global Innovation Policy Center (GIPC) and USIBC, in partnership with the Federation of
RBI rate cut cycle seems to be over; projects positive growth for next two quarters
Though some recent expectations had built up for some liquidity action in order to align short-term rates closer to the reverse repo rate, the RBI kept liquidity policy unchanged
‘Size of real estate market will reach $1 trillion by 2030’ | INTERVIEW
"Problem of housing for common people is as acute as the other problems the country has been facing since Independence."
RBI holds repo rate to boost growth, ignores inflation
The reassurance that liquidity would remain easy for the rest of the year and into 2021-22 brought cheer to the bond markets which had bracing for a slight change of stance.
RBI stays pat on rates, allows liquidity glut to persist for now
What confounded the markets was the absence of any measure to suck out excess liquidity at a time when some companies are able to borrow below the reverse repo rate.
World sees India as a trustworthy and promising partner: PM Modi at IIT 2020 Global Summit
PM Modi said in these testing times of COVID-19, India has got record investment and much of this investment has come in the technology sector.
Not just pent up demand that is reviving economy: FM Nirmala Sitharaman
The RBI earlier in the day said retail inflation is likely to remain elevated at around 6.8 per cent in the third quarter of the current fiscal.
Nirmala Sitharaman urges DRI, customs to ensure every economic offender is taken to task
Finance Secretary Ajay Bhushan Pandey said DRI has contributed to the economy by actively bringing to light some significant cases of commercial frauds and cross-border smuggling.
Farm reforms not done in a jiffy: Finance Minister Nirmala Sitharaman
Sitharaman said that the agriculture ministry has gone through the process of talking to stakeholders and these are the things that have been in discussions for very long time.
India economy likely to contract by 10% in FY21: Former Planning Commission’s Abhijit Sen
Abhijit Sen, also an expert on issues related to agriculture, further said that the government would not be able to double farmers' income by 2022.
Forex reserves down $469 million to $574.82 billion
Expressed in dollar terms, FCA includes the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
ADB approves $190 million loan for upgradation of Bengaluru power distribution system
"ADB has approved a combined sovereign and non-sovereign loan of USD 190 million to modernize and upgrade the power distribution system in Bengaluru city in the state of Karnataka, India," ADB said in
RBI ensures benign rate of interest, ample liquidity to support growth amid high inflation: Experts
The RBI's decision to keep the key policy rate unchanged ensures a lower interest rate regime and availability of liquidity to support growth under the current economic situation, even as high inflati
RBI MPC leaves policy rates unchanged at 4%, stance accommodative for 3rd consecutive time
Reserve Bank of India (RBI) held its policy rate at 4%. That has been the case now in three consecutive policies. High inflation constrains the central bank from reducing policy rate any further, unli
Budget 2021 to be prudent; growth oriented, says RBI Governor Shaktikanta Das
With the Budget-making exercise in full swing, RBI Governor Shaktikanta Das on Friday said Budget 2021-22 is expected to be prudent and growth oriented.
EU 27 must all approve any UK trade deal, top official says
European Council President Charles Michel said the next few days will show what comes next and the 27 leaders meeting remotely on Dec. 10-11 will take a position on the latest developments.
Industry, experts say RBI’s status quo on policy rates to aid economic recovery
India Inc and experts on Friday said the RBI's decision to hold interest rates will support economic recovery in the aftermath of the COVID-19 pandemic and that they expect the central bank to maintai
Large NBFCs to come under tighter RBI scrutiny
With both systemic importance of NBFCs as also their failures increasing, the Reserve Bank on Friday announced a slew of measures to keep them resilient by reining them in by improving their governanc
US jobs report will show how much coronavirus pandemic is squeezing hiring
Two enhanced unemployment benefit programs are set to expire at the end of this month just as virus cases accelerate and colder weather shuts down outdoor dining and public events
RBI expects positive growth in second half of 2020-21
RBI Governor Shaktikanta Das said the GDP is expected to turn positive in the third quarter and expand at 0.1 per cent.
RBI’s monetary policy statement: Here are the key highlights
Fiscal stimulus moving beyond being supportive of consumption and liquidity to supporting growth-generating investment.
RBI projects 6.8 pc retail inflation in December quarter
CPI inflation rose sharply to 7.3 per cent in September and further to 7.6 per cent in October, RBI Governor Shaktikanta Das
US expected to report slowest job growth in six months
Infections, hospitalizations and death rates have sky-rocketed, leading some economists to anticipate a drop in employment in December or January
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Most Read
- Farmers-Centre talks: No breakthrough; next meet on December 9
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Top News
- Farmers-Centre talks: No breakthrough; next meet on December 9
- GST compensation: Jharkhand joins GST borrowing scheme
- Across the Aisle: A fraud on the Constitution
- 'Haldi' way of boosting immunity! The Ayurveda renaissance is here
- The silver lining of corona pandemic: How India found happiness in these stressful times
- Diego Eternal: If you love football, you love Maradona. Period
- Worried about pollution affecting your health? These superfoods can act as shield!
- Hire a guitarist on video call! Yes, tis the season of digital gifting!
- Inside Track: Of new VVIP Air India One aircraft and Kisan brigade
- NHPC to commission 2,000 MW hydropower project on Subansiri by March 2022
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