In a bid to protect the new board overseeing the turnaround plan for IL&FS, the Ministry of Corporate Affairs has sought relief from the National
Author: Anil R Tikotekar
RBI keeps rates unchanged, shifts stance to ‘calibrated tightening’ – The Hindu BusinessLine
In a surprise decision, the Reserve Bank of India’s rate setting Monetary Policy Committee (MPC) voted to keep the benchmark policy rate on hold on
RBI seen raising rates again as rupee slide accelerates – The Hindu BusinessLine
The Reserve Bank of India (RBI) is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it
No lifeline – The Hindu BusinessLine
The MPC’s decision is pragmatic, but the RBI’s sanguinity on external risks is worrying Roiled by a perfect storm of events lately — firming oil,
Surgical strike – The Hindu BusinessLine
The new IL&FS board must focus on containing systemic risks, and not on a rescue package Desperate times call for desperate measures. Therefore, the Centre’s
Flexible inflation mandate vindicated – The Hindu BusinessLine
The Monetary Policy Committee of the RBI needs to be congratulated for taking a timely and appropriate decision to keep rates unchanged, something that surprised
In choppy waters – The Hindu BusinessLine
The monetary policy panel needs to address growing economic turbulence India’s monetary policymakers are faced with the task of restoring confidence in the economy and
Bankers taken by surprise – The Hindu BusinessLine
The Reserve Bank of India’s decision to leave the repo rate unchanged was seen as a surprise move by bankers who believe that it will
Why the market is unhappy with RBI’s move – The Hindu BusinessLine
While the RBI unexpectedly handed the markets a sweet deal by holding rates, equity, bond and currency markets remained surprisingly displeased. The RBI’s narrow focus
Reliance Health Insurance gets final IRDAI approval to start operations – The Hindu BusinessLine
Reliance Health Insurance, a wholly-owned subsidiary of Reliance Capital, on Friday said it has received R3 approval from IRDAI for its new health insurance business.
RBI governor: Our job is not to rein in rupee, but to curb volatility – Times of India
Highlights The governor said the mandate of RBI monetary policy was to target inflation while its forex operation only sought to eliminate volatility The depreciation
Stay on target: RBI surprises by not raising interest rates
Reserve Bank of India retained its policy interest rate at 6.5% yesterday, making it an outlier among Asian central banks facing similar challenges. There is
Scalding oil, sliding rupee | The Indian Express
Except for the US, most economies of the world are in crisis mode. Policy makers will be judged by how they respond to essentially, for
Focus on inflation — on RBI interest rate – The Hindu
The Reserve Bank of India pulled a surprise on the markets on Friday by keeping its benchmark interest rate unchanged at 6.5%. The decision to stand
IL &FS: the crisis persists! – संकट कायम! | Maharashtra Times
संकट कायम! देशातील पायाभूत सुविधा प्रकल्पांना मोठ्या प्रमाणावर अर्थपुरवठा करणारी इन्फ्रास्ट्रक्चर लीजिंग अँड फायनान्शिअल सर्व्हिसेस (आयएलएफएस) ही कंपनी आर्थिक संकटात सापडल्याच्या वृत्ताचे पडसाद गेला आठवडाभर
Infrastructure Leasing & Financial Services Ltd: IL&FS: The untold tale behind India’s shock takeover of the risky lender – The Economic Times
by Saloni Shukla, Vrishti Beniwal and P R Sanjai With the future stability of the Indian financial system on the line, executives running a giant
Sensex crash: Why Sensex crashed 800 points: Rupee, oil and three other factors
The domestic market crashed big time on Thursday as equity benchmark indices fell more than 2 per cent. The BSE benchmark Sensex registered its biggest point-wise decline
Market: Use all your weapons to stem rupee slide: Jamal Mecklai, Mecklai Financial Services – The Economic Times
It is not just this government’s fault, nobody has really focussed single-mindedly on building exports. Jamal Mecklai, CEO, Mecklai Financial Services, makes a straight pitch
High Court stays action against some exporters for wrongly availing GST benefits – The Economic Times
GST law amendment had brought in pre-import condition that denies IGST benefits to imports which had happened after exports. In what may provide a respite
Petrol–Now start praying for stable crude–Economic Times
The government has done what it eventually had to do in an election year: cut duties on petrol and diesel and ask state-owned oil marketing