“We are very confident of the potential that this partnership has and we look forward to channelising it,” said Richard Nash, Vice President, PayPal. The
Day: April 6, 2018
Why MSMEs need more than mere promises on ‘ease of doing business’ and slogans such a ‘Make in India’ – The Financial Express–06.04.2018
After the agriculture sector, the micro, small and medium enterprises (MSME) sector is the second-largest employment generator, providing 80% of jobs with just 20% of
RBI to stipulate ‘loan component’ for working capital risk management – The Financial Express–06.04.2018
In what could be a possible fallout of the Punjab National Bank (PNB)-Nirav Modi episode, the Reserve Bank of India (RBI) on Thursday said banks
Lenders get one more year to adopt new accounting system – The Financial Express–06.04.2018
The Reserve Bank of India on Thursday relaxed the requirement for banks to implement the Indian Accounting Standards (Ind AS) from April 1, 2018 by
One step back: IBC must not encourage out-of-court settlements | Business Standard Editorials–06.04.2018
The central issue is: How can efficient and equitable price discovery be enabled for a stressed asset? A high-level panel set up to review the
RBI’s monetary policy review: Central bank’s stance signals positive change | Business Standard News–06.04.2018
The Reserve bank of India’s (RBI’s) monetary policy committee (MPC), in its first bi-monthly monetary policy review of 2018-19 on Thursday, decided to maintain the status quo on key
RBI’s puzzling inflation projection – Business Line–06.04.2018
Governor Urjit Patel has delivered a dovish policy that will make the bankers smile The risks to inflation are higher than they have been for
Less than interesting – Business Line–06.04.2018
The first bi-monthly monetary policy for 2018-19 was a largely desultory exercise As expected, the Monetary Policy Committee (MPC) has chosen to keep repo rates
[ RBI-MPC] Benevolent and balanced approach – Business Line–06.04.2018
The MPC move signals that monetary policy-making under an inflation-targeting framework is finally taking root in India The decision of the Monetary Policy Committee to
Dovish surprise – Business Line–06.04.2018
Despite the status quo, bond markets rallied In its first bi-monthly monetary policy statement for FY2018-19, the Reserve Bank of India expectedly kept the policy
Cut fuel taxes: RBI policy statement suggests government has an opportunity to step on the gas–Times of India–06.04.2018
Reserve Bank of India’s monetary policy committee (MPC) on Wednesday played it safe by keeping the central bank’s policy rate unchanged at 6%. This was
[RBI-MPC] Steady hand | The Indian Express–06.04.2018
The sobering fact is even after taking a projected growth of 7.4 per cent this fiscal, the average growth over the last five years is
In 3 years, RBI switches back to GDP-based measure to calculate growth of Indian economy | business news | Hindustan Times–06.04.2018
The Reserve Bank on Thursday switched back to the gross domestic product (GDP)-based measure to offer its growth estimates from the gross value added (GVA)
Surprise softening: on RBI’s inflation projections – The Hindu–06.04.2018
The RBI’s inflation projections belie households’ and manufacturers’ expectations The Reserve Bank of India’s policymakers have acted predictably in opting to keep interest rates unchanged
5.62 lakh Indians hit by data breach, admits Facebook–Deccan Chronicle–06.04.2018
Facebook said that around 5.62 lakh people in India could have been impacted by the data breach undertaken allegedly by UK based political consultancy firm