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RBI sets new stressed assets normsBusiness
RBI sets new stressed assets norms

Lenders get 180 days to resolve default under new framework

8 Jun 2019 3:34 AM IST

Nirmala Sitharaman to meet industry bodies on June 11 for pre-Budget consultationBusiness
Nirmala Sitharaman to meet industry bodies on June 11 for pre-Budget...

Representatives of industry bodies like CII, Ficci and Assocham, among others, are expected to attend the meeting.

7 Jun 2019 6:16 PM IST

Goldman Sachs expects Patel to continue the process and adhere to the March 2017 deadline set by Rajan.Business
GDP growth may accelerate to 7.2 per cent in FY20: Report

Goldman Sachs report said it expects an acceleration in GDP to 7.2 per cent.

7 Jun 2019 3:24 PM IST

Singapore can become major investor in India\s stressed assets, says envoyBusiness
Singapore can become major investor in India-'s stressed assets, says...

A large part of existing investment is Singapore-'s government linked funds and private equity funds in India.

7 Jun 2019 12:48 PM IST

RBI cuts interest rates: Here\s what experts have to sayBusiness
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 10:35 AM IST

World food prices up in May: Food and Agriculture OrganizationBusiness
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...

7 Jun 2019 2:06 AM IST

Industry should not rely on subsidies: Piyush GoyalBusiness
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.

7 Jun 2019 2:01 AM IST

Repo rate cut to boost housing demand if banks pass on benefit to customers: RealtorsBusiness
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 6:02 PM IST

Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boostBusiness
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 4:37 PM IST

Rising growth concerns prompted third rate cut: Shaktikanta DasBusiness
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 years.

6 Jun 2019 3:34 PM IST

Industry, exporters should not depend on subsidies; work on competitiveness: GoyalBusiness
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 3:21 PM IST

The Department of Fertilisers is working on a road-map to capture the details of farmers so that the sales data can be captured. (Photo: Representational Image)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 2:05 PM IST

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