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Prime Minister Narendra Modi (Photo: File)Business
PM sees India as USD 10-trillion economy with countless startups

Modi said his government inherited an economy in complete policy paralysis, plagued by runaway inflation and rising...

23 Feb 2019 11:28 AM IST

This 2.4 times rise in the countrys total debtwhich is 3.1 times in rupee termswas similar to nominal GDP growth.Business
Debt-to-GDP level touches record high

Debt intensity stood at 1.1 times in FY18exactly the average of the highest and lowest levels over the past 15 years,...

23 Feb 2019 5:05 AM IST

Niti Aayog CEO Amitbah Kant.Business
Size of real estate market to grow to USD 650 bn by 2040 from USD 120...

Real estates share in the country's GDP is set to double from the current seven per cent.

22 Feb 2019 5:11 PM IST

Vijay Thakur Singh, Secretary (East) MEA. (Photo: ANI)Business
USD 50 billion bilateral trade target set for 2030: MEA

The two leaders announced future cooperation in defence co-production and defence technology.

22 Feb 2019 4:22 PM IST

Niti Aayog Vice Chairman Rajiv Kumar. (Photo: ANI)Business
Banking sector on way to recovery: Niti Aayog

The banking sector remains fragmented which makes the cost of capital quite high, says Niti Aayog Vice Chairman.

22 Feb 2019 2:57 PM IST

Chief Minister K. Chandrasekhar Rao takes an aerial survey of the renovation works of the Lakshmi Narasimha Swamy temple at Yadadri on Sunday.Business
Telangana govt proposes to waive farm loans up to Rs 1 lakh

The budget reflected the major electoral promises made by TRS, with thrust on welfare schemes.

22 Feb 2019 2:50 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.Business
India needs to spur growth amid low inflation outlook: RBI's MPC

RBI has lowered its inflation target for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in Dec.

22 Feb 2019 11:30 AM IST

RBI governor Shaktikanta DasBusiness
Shaktikanta Das asks bankers why they aren't cutting lending rates

The meeting focused only on effective transmission of monetary policy, another banker who attended the meeting said.

22 Feb 2019 10:00 AM IST

The police apprehended people of various parties who had given tokens to the public to later distribute money by collecting them. (Representational Images)Business
Total gross loan of microfinance industry grows 6 pc to Rs 65,090 cr...

Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore.

22 Feb 2019 9:23 AM IST

The unions have demanded to ensure supply of adequate cash to all banks and branches, restore all ATMs without further delay and ensure transparency in cash supply to banks.Business
Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20:...

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM IST

Rating Agency MoodysBusiness
Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 PM IST

Chinas OBOR initiatives stated aim is to link countries in Asia, Africa and Europe to promote \an open and inclusive global economy\ by building regional trade networks and enhancing connectivity for future growth. (Photo: Representational Image)Business
ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:27 PM IST

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