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RBI cuts interest rates to 9-yr low, expects banks to quickly lower home, auto loanBusiness
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 2:02 PM IST

New NPA resolution norms in 3-4 days: Shaktikanta DasBusiness
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 1:18 PM IST

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefitsBusiness
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 12:53 PM IST

Highlights of RBI\s monetary policy statementBusiness
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 12:48 PM IST

RBI lowers economic growth forecast to 7 pc for FY20Business
RBI lowers economic growth forecast to 7 pc for FY20

Weak global demand due to escalation in trade wars may further impact India-'s exports and investment activity, said...

6 Jun 2019 12:38 PM IST

RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pcBusiness
RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

6 Jun 2019 12:27 PM IST

RBI cuts key rate by 25 bps, changes neutral stance to accommodativeBusiness
RBI cuts key rate by 25 bps, changes neutral stance to accommodative

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

6 Jun 2019 12:04 PM IST

After dismal data, India sets up cabinet panels on jobs, economyBusiness
After dismal data, India sets up cabinet panels on jobs, economy

The unemployment rate rose to a multi-year-high of 6.1 per cent in the 2017-18 fiscal year.

6 Jun 2019 11:45 AM IST

India projected to grow at 7.5 per cent for three years: World BankBusiness
India projected to grow at 7.5 per cent for three years: World Bank

The bank in its Global Economic Prospects released on Tuesday said India is estimated to have grown 7.2 per cent in...

6 Jun 2019 3:21 AM IST

Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: StudyBusiness
Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore...

5 Jun 2019 5:52 PM IST

From 15L cr highways spend to globalising Khadi; MSME products: Gadkari 5-yr roadmapBusiness
From 15L cr highways spend to globalising Khadi; MSME products:...

Gadkari said his priority will be -'rolling out all stuck highway projects that include many of IL&FS projects within...

5 Jun 2019 4:18 PM IST

FDI in services sector up 37 per cent in 2018-19Business
FDI in services sector up 37 per cent in 2018-19

The overall FDI inflows declined for the first time in the last six years in 2018-19, falling 1 per cent to USD 44.37...

5 Jun 2019 2:51 PM IST

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