The RBI sop was abused by banks and industry giving rise to NPAs, according to former RBI governor Y V Reddy. The government pushed regulatory forebearance post
Category: Economy
Finance Ministry seeks transfer of Rs 27,380 crore from RBI retained towards risks, reserves – The Financial Express
The finance ministry has sought from the Reserve Bank of India (RBI) Rs 27,380 crore that was withheld by the central bank towards risks and
IMF warns of global economic ‘storm’ as growth undershoots – The Financial Express
Lagarde said trade tensions — mainly in the shape of a tariff spat between the United States and China, the world’s two biggest economies —
How many people pay income tax in India? Here’s a glimpse – The Economic Times
According to the Economic Survey, there are only 7 income tax payers for every 100 voters in India. Have you wondered how many people pay income
दावा एक; वास्तव दुसरे! | अग्रलेख -महाराष्ट्र टाइम्स
दावा एक; वास्तव दुसरे! राज्यातील तृतीय आणि चतुर्थ श्रेणीच्या केवळ चार हजार ४१० पदांसाठी तब्बल सात लाख ८८ हजार इच्छुकांनी अर्ज करण्याची घटना रोजगार निर्मितीच्या
Across the Aisle: An account for votes! | Mr. P Chidambaram–The Indian Express
A confident government would have let the Interim Budget be the non-event that it should be, but confidence is one quality that is in short
There is no clear picture on unemployment in India |Mr. Karan Thapar– Hindustan Times
I’m not surprised the jobs and unemployment situation has hit the headlines two months before the elections. After all, if it’s as serious as the
Surveying India’s unemployment numbers – The Hindu
Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS
Small sellers say field is still not level for playing – The Economic Times
With Cloudtail and Appario Retail making a comeback on Amazon, third-party vendors have expressed concern over how they would compete with these preferred sellers. ET spoke to several third-party sellers,
India may lose vital US trade concession as Trump considers withdrawing zero tariffs – The Financial Express
India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a
High credit-deposit ratio restricts banks’ ability to cut interest rates | Business Standard News
In a sign that borrowers might have to wait longer to enjoy the full benefit of 25 basis points cut by the Reserve Bank of India (RBI),
India’s exports to China set to touch record high as market access widens – The Hindu BusinessLine
India’s export to China is expected to reach an all-time high this fiscal with the US-China trade spat creating new opportunities for exporters and Beijing
Mr. Trump–Down, but not out – The Hindu BusinessLine
Support for Trump’s braggadocio is wearing thin, but there’s still no credible challenger There’s common consensus in Washington that President Donald Trump’s presidency is failing
Corporate taxes must be rationalised – The Hindu BusinessLine
For kick-starting the investment cycle, the Centre has to bite the bullet and cut tax rates for large companies While the Modi government can take
Keep RBI’s balance sheet strong: YV Reddy – The Hindu BusinessLine
There is merit in keeping at least the RBI’s balance sheet strong if the government’s fiscal balance sheet is weak, according to YV Reddy, former
रिझर्व बँक –नेणता ‘दास’ मी तुझा | लोकसत्ता अग्रलेख
रिझव्र्ह बँकेच्या गव्हर्नरपदी नेमणूक झाल्यानंतर शक्तिकांत दास यांचे पहिलेच पतधोरण गुरुवारी जाहीर झाले. म्हणून त्याकडे अनेकांचे लक्ष होते. याआधीचे गव्हर्नर डॉ. ऊर्जित पटेल यांचे आणि
RBI rules out changes in one-day NPA recognition norms – The Economic Times
Despite incessant demand from a section in the finance ministry, corporates, as well as banks for some leniency in the February 12, 2018 circular that
Piyush Goyal: Fiscal Deficit target of 3% is feasible as we are growing at a speed never seen before: FM Piyush Goyal
The government did not include landless farm labour in the cash transfer scheme because it does not have a proper database on them, said interim
Shaktikanta Das | RBI Policy: Das says RBI won’t prejudge the liquidity situation: Policy Highlights–Economic Times
According to RBI, global financial markets began the year on a calmer note after a turbulent December. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta
RBI proposes umbrella body for Urban Cooperative Banks: Depositors can hope for better days |Economic Times
The UO can also offer fund management and other consultancy services. RBI has proposed to set up an umbrella organisation for urban cooperative banks (UCBs) to make them