Home » Business » Economy

Economy - Page 158

Industrial production growth slows to 4-month low of 2 per cent in June

Industrial production growth slows to 4-month low of 2 per cent in...

Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018.

9 Aug 2019 7:20 PM IST

Govt, RBI on same page on steps to boost economy: Sitharaman

Govt, RBI on same page on steps to boost economy: Sitharaman

Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.

9 Aug 2019 5:20 PM IST

Monsoon deficit narrows; kharif sowing progressing well: Agri Min

Monsoon deficit narrows; kharif sowing progressing well: Agri Min

India Meteorological Department (IMD) has projected overall monsoon to remain normal.

9 Aug 2019 3:15 PM IST

RBI not done with easing, to cut in October and early next year: Report

RBI not done with easing, to cut in October and early next year:...

If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in...

9 Aug 2019 2:08 PM IST

India may exempt foreign portfolio investors from higher taxes: sources

India may exempt foreign portfolio investors from higher taxes:...

In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.

9 Aug 2019 9:53 AM IST

CAIT launches initiative to accelerate use of digital payments among merchants

CAIT launches initiative to accelerate use of digital payments among...

HDFC Bank-'s Smita Bhagat said that the initiative will make a big difference in the lives of small traders.

8 Aug 2019 7:11 PM IST

Reserve Bank of India cuts repo rate by 35 bps

Reserve Bank of India cuts repo rate by 35 bps

GDP forecast cut to 6.9% for FY20; fixed deposits to fetch less.

8 Aug 2019 2:07 AM IST

RBI cuts risk weight on consumer loans to 100 per cent

RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement...

7 Aug 2019 7:28 PM IST

RBI to cover all repetitive bill payments under Bharat Bill Payments System

RBI to cover all repetitive bill payments under Bharat Bill Payments...

A detailed guideline in this regard will be issued by September-end.

7 Aug 2019 2:57 PM IST

RBI to allow round-the-clock fund transfers under NEFT from December

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

7 Aug 2019 1:55 PM IST

$RBI lowers GDP growth forecast to 6.9 pc for FY\20 on demand, investment slowdown$ Business

RBI lowers GDP growth forecast to 6.9 pc for FY-'20 on demand,...

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

7 Aug 2019 1:26 PM IST

EMIs likely to come down as RBI cuts interest rate by 35 bps

EMIs likely to come down as RBI cuts interest rate by 35 bps

The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.

7 Aug 2019 12:47 PM IST