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\There\s slowdown but we still are at 5 percent in global economy\: K SubramaniyamBusiness
-'There-'s slowdown but we still are at 5 percent in global economy-':...

Nirmala Sitharaman announced Friday that several public sector banks would be merged to energise and consolidate their...

30 Aug 2019 7:24 PM IST

Changes to expect after FM’s announcements on PSU bank mergersBusiness
Changes to expect after FM’s announcements on PSU bank mergers

Finance Minister Nirmala Sitharaman said, ‘We want banks with strong national presence and enhanced risk appetite.’

30 Aug 2019 7:14 PM IST

Target USD 5tn economy, FM Nirmala announces mega PSU bank mergersBusiness
Target USD 5tn economy, FM Nirmala announces mega PSU bank mergers

After the merger of banks, the number of public sector banks will come down from 27 in 2017 to 12.

30 Aug 2019 4:55 PM IST

Fiscal deficit crosses 77 pc of budgeted target in first 4 months of 2019-20Business
Fiscal deficit crosses 77 pc of budgeted target in first 4 months of...

The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.

30 Aug 2019 4:23 PM IST

India\s economic fundamentals are strong, says Amit ShahBusiness
India-'s economic fundamentals are strong, says Amit Shah

Shah said India-'s goal is to become a USD 5 trillion economy in the next five years.

30 Aug 2019 9:48 AM IST

RBI’s contingency fund falls to Rs 1.96 lakh croreBusiness
RBI’s contingency fund falls to Rs 1.96 lakh crore

Apex bank says its financial resilience is top globally.

30 Aug 2019 1:16 AM IST

Analysts at HDFC Bank estimate that for every percentage point the economy grows, employment now adds just 0.15 of a percentage point - down from 0.39 in 2000.Business
Economic growth seen slipping in April-June, more stimulus expected

Slowdown has been driven by a fall in household savings and banks’ increased bad loans, which has hit private...

29 Aug 2019 3:04 PM IST

After tax incentives, govt brings in FDI reforms to propel growthBusiness
After tax incentives, govt brings in FDI reforms to propel growth

The changes in FDI policy will result in making India a more attractive FDI destination.

29 Aug 2019 9:41 AM IST

SBI economists slam \intelligentsia\ for \misunderstanding\ RBI autonomyBusiness
SBI economists slam -'intelligentsia-' for -'misunderstanding-' RBI...

The Rs 52,000-crore surplus payout is much lower than the estimates, the economists said.

29 Aug 2019 9:31 AM IST

Easier FDI norms for retail businessBusiness
Easier FDI norms for retail business

India has 162 lakh tonnes of sugar stock, of which 40 lakh tonnes is buffer stock and 60 lakh tonnes will be exported.

29 Aug 2019 1:17 AM IST

Surcharge rollback creates no differential regime between FPIs, domestic investorsBusiness
Surcharge rollback creates no differential regime between FPIs,...

FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.

28 Aug 2019 2:02 PM IST

Jalan panel for review of economic capital framework in every 5 yearsBusiness
Jalan panel for review of economic capital framework in every 5 years

RBI-'s central board approved the transfer of record Rs 1.76 lakh cr dividend and surplus reserves to the govt.

28 Aug 2019 9:37 AM IST

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