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Stories
Forex reserves down by USD 778 mn to USD 578.568 bn
The country’s foreign exchange reserves declined by USD 778 million to USD 578.568 billion in the week to December 11,…
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Trends
Aadhaar linked Direct Benefit Transfer Schemes continue to be a pain for those seeking Govt subsidies; even as scamster’s benefit from the same
The Modi Government, with the introduction of Aadhar, hoped to provide a considerable portion of government issued subsidies to…
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Stories
RBI to set up Automated Banknote Processing Centre in Jaipur
With a view to effectively deal with increasing circulation of banknotes, the Reserve Bank of India (RBI) has decided to…
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Stories
Gadkari calls upon industry to find Swadeshi alternatives to imports
Asserting that India was importing “a lot of things” from China, Union Minister Nitin Gadkari on Saturday urged the domestic…
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Stories
Not just pent up demand that is reviving economy: Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the economy reflating at a rate faster than previously expected is not just…
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Stories
Sensex scales 45,000-mark for first time on RBI boost
Equity benchmarks rallied to record highs on Friday after the RBI left the policy rates unchanged but maintained its accommodative…
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Stories
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…
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Stories
RBI projects 6.8 pc retail inflation in December quarter
The Reserve Bank of India on Friday said retail inflation is likely to remain elevated and pegged it at 6.8…
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Stories
RBI likely to maintain status quo for 3rd straight time on inflation concerns
The Reserve Bank is likely to keep the benchmark interest rates unchanged in its next monetary policy review in view…
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Trends
Govt approves merger of Lakshmi Vilas Bank with DBIL
The government on Wednesday approved the merger of crisis-ridden Lakshmi Vilas Bank (LVB) with the DBS Bank India Ltd (DBIL)…
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