Economy - Page 128

Business

RBI cuts interest rates: Here-'s what experts have to say

The Monetary Policy Committee (MPC) also decided to change the neutral monetary policy stance to accommodative.

7 Jun 2019 5:05 AM GMT

Business

World food prices up in May: Food and Agriculture Organization

The Food and Agriculture Organization (FAO) also warned that a sharp fall in the expected maize crop in the flood-hit...

6 Jun 2019 8:36 PM GMT

Business

Industry should not rely on subsidies: Piyush Goyal

-"I do not think that any programme or ambitious scheme can run only on subsidies and government help.

6 Jun 2019 8:31 PM GMT

Business

Repo rate cut to boost housing demand if banks pass on benefit to...

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

6 Jun 2019 12:32 PM GMT

Business

Bankers, finance players hail RBI repo rate cut, hope consumer demand...

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

6 Jun 2019 11:07 AM GMT

Business

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine

6 Jun 2019 10:04 AM GMT

Business

Industry, exporters should not depend on subsidies; work on...

The minister emphasised on need to increase strengths of the industry as it would help in boosting manufacturing and...

6 Jun 2019 9:51 AM GMT

Business

Government considering rolling out second phase of fertiliser DBT

The transfer of fertiliser subsidy directly into farmers-' bank accounts was to be taken up in the second phase.

6 Jun 2019 8:35 AM GMT

Business

RBI cuts interest rates to 9-yr low, expects banks to quickly lower...

The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy.

6 Jun 2019 8:32 AM GMT

Business

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as -'ultra vires-' the February 12 circular that mandated banks to label even a day-'s...

6 Jun 2019 7:48 AM GMT

Business

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on...

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

6 Jun 2019 7:23 AM GMT

Business

Highlights of RBI-'s monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

6 Jun 2019 7:18 AM GMT