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With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI may cut rates by 0.25 pc in Feb or April policy review: BofAML

Central bank maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review.

6 Dec 2018 2:57 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.Business
RBI retains GDP projection for current fiscal at 7.4 per cent

India's economic growth fell to 7.1 pc in the second quarter of the current fiscal, from 8.2 per cent.

5 Dec 2018 4:09 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI AssochamBusiness
RBI lowers inflation projection to 2.7-3.2 per cent in H2 FY19

Inflation is projected at 2.7-3.2 per cent in H2 FY2018-19 and 3.8-4.2 per cent in H1 FY2019-20.

5 Dec 2018 3:25 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.Business
Reserve Bank of India keeps key policy rate unchanged at 6.50 per cent

The central bank also retained the GDP growth projection for FY19 at 7.4 per cent.

5 Dec 2018 2:40 PM IST

A Mckinsey report said that employment in cab hailing services such as Uber or Ola alone increased from 0.3 million in 2015 to over 1 million in 2018.Business
India's services sector activity in Nov sees quickest growth since...

The services PMI was in the expansion territory for the sixth straight month.

5 Dec 2018 11:32 AM IST

Rajiv Kumar took over as the vice-chairman of government think tank Niti Aayog. (Photo: PTI)Business
India GDP to recover in Q4 of FY19; Q3 to remain slow: Rajiv Kumar

The growth in Gross Domestic Product (GDP) in July- September is the lowest in three quarters.

4 Dec 2018 6:13 PM IST

Union Finance Minister Arun Jaitley.Business
Open borders an imperative of present times, says Jaitley

Government have helped in massive improvement in the ranking in trade across borders to 80 this year.

4 Dec 2018 2:00 PM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.Business
Simplified GST return forms to be rolled out from April 1: Revenue...

In the first 8 months (April-Nov) of the current fiscal, the govt has mopped up over Rs 7.76 lakh cr from GST.

4 Dec 2018 1:07 PM IST

The trade war between the worlds two biggest economies has weighed heavily on global tradeBusiness
Crude oil price jumps over 5 per cent on US-China trade truce

The trade war between the world's two biggest economies has weighed heavily on global trade, sparking concerns of an...

4 Dec 2018 12:32 AM IST

Prime Minister Narendra Modi holds bilateral meeting with Chinsese President Xi Jinping. (Photo: Twitter/@narendramodi)Business
China looks to boost agricultural exports to India: Xi Jinping

Bilateral trade reached $89.6 billion in 2017-18 with a deficit of $62.9 billion in China's favour.

1 Dec 2018 12:40 PM IST

Suresh Prabhu, Union Commerce & Industry and Civil Aviation MinisterBusiness
Prabhu met several sovereign wealth funds to attract investments

Overseas inflows help maintain pressure on the country's balance of payments and value of the rupee.

1 Dec 2018 10:26 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Firms should list cost of Procduction

Satish Marathe, appointed by the government to the central board of the RBI in August.

1 Dec 2018 3:04 AM IST

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