20.5 C
India
Sunday, November 18, 2018
The tension mirrors central bank fights playing out in countries as varied as the US and Turkey, and is a symptom of what happens when an era of easy credit ends. The government has proposed changing rules that will enable...
The MSME lending has also been exempted from most of the restrictions, including those relating to stressed assets, and several steps have been taken by the RBI to ease credit flow to this sector, bank and industry officials said. Amid...
The export of man-made fabs/yarn and made-ups during the month grew 31% to Rs 3,037 crore as compared to Rs 2,312 crore in October 2017. The exports of textile and apparel for October grew 38% to Rs 20,353 crore as...
“Debate and policy in economic areas can’t be guided by just slogans or populism, it has to be based on hard facts (and) analysis which are supported by data analysis itself,” the minister said. (File) Slogans and populism cannot guide...
The country’s foreign exchange reserves declined by USD 121.2 million to USD 393.01 billion for the week ended November 9, largely on a dip in currency assets The country’s foreign exchange reserves declined by USD 121.2 million to USD 393.01...
A monthly study conducted by Thomson Reuters-Ipsos showed that consumer confidence was up 3.1 points in November as some of the macro indicators that were “wreaking havoc” settled temporarily. After plummeting a whopping seven points in October, consumer confidence sees a...
Former planning commission member Kirit Parikh has suggested measures that can reduce petrol and diesel prices by Rs 5-6 without hurting the government revenues Former planning commission member Kirit Parikh has suggested measures that can reduce petrol and diesel prices by Rs 5-6 without hurting the government revenues if a...
Financial inclusion has been a top priority of the government to make growth inclusive. (Reuters) Finance Minister Arun Jaitley Thursday said that a high rate of economic growth is necessary to alleviate poverty and such economic expansion must be inclusive...
The RBI Central Board which constitutes 21 members including the Governor and maximum of four deputy governors is appointed in accordance with the RBI Act of 1934. Reserve Bank of India Governor Urjit Patel has convened a meeting of the...
This is for the first time  S Gurumurthy went public since the spat between the government and the RBI  came into light. (Image: PTI) RBI independent director S Gurumurthy, who has been very vocal on the benefits of demonetisation, has...