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Reserve Bank of India

Services activity eases in December, hiring up

The survey further noted that business sentiment rose to a three-month high in December.

5 Jan 2019 12:31 AM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India's services sector activity moderates in Dec; employment rises

The survey further noted that business sentiment rose to a three-month high in December.

4 Jan 2019 11:45 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Finance Ministry, RBI to take up dividend, surplus

While govt wants a big pie of surplus, some feel RBI needs a large corpus to maintain credibility.

4 Jan 2019 10:25 AM IST

GST rate on cinema tickets above 100 shall be reduced from 28% to 18% and on cinema tickets upto 100 from 18% to 12%.

GST collection drops to Rs 94,726 cr in December

Of the Rs 94,726 crore collected, Central GST (CGST)collection is Rs 16,442 crore.

1 Jan 2019 4:44 PM IST

For over a year, India had been the fastest growing economy, second only to China. This has now changed.

India remains fastest growing economy ahead of China

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

1 Jan 2019 1:32 PM IST

Unused input tax credit causing funds flow shortage, escalate inventory cost.

Over dozen CPSEs evince interest in raising funds via debt ETF next...

As many as 10-15 CPSEs have shown interest to try the debt ETF route for fund raising in next fiscal.

1 Jan 2019 10:56 AM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI vs Govt in 2018: A 'husband-wife' relation that turned stormy

The differences came out in the open when Deputy Governor Acharya, in a hard-hitting speech in October.

1 Jan 2019 10:50 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Banking sector on -"course to recovery-" as NPAs recede: RBI

According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

31 Dec 2018 6:01 PM IST

Union Finance Minister Arun Jaitley has not been attending office since Monday and even skipped taking oath after being re-elected as Rajya Sabha MP from Uttar Pradesh. (Photo: PTI | File)

Govt not seeking RBI reserves to meet fiscal deficit: Jaitley

The RBI was maintaining a reserve of 28 per cent.

31 Dec 2018 5:57 PM IST

The next GST council meeting is scheduled in January where a new composition scheme will be framed for small services providers.

GST rates may get political tinge in election year

The GST council's fitment committee would take a final decision with all states on board.

31 Dec 2018 11:02 AM IST

It has identified seven key drivers for growth that need to be fostered and suggested policy actions for robust GDP growth to continue in 2019. (Representational Images)

GDP to grow at 7.5 per cent in 2019: CII

The economy had grown at 6.7 per cent in the fiscal 2017-18. During the first half of 2018-19, GDP grew by 7.6 per cent.

31 Dec 2018 3:19 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

7 PSU banks set to get Rs 28,615 crore lifeline in 4 days

Of the 7 state-owned banks, Bank of India may get the highest amount of Rs 10,086 crore.

28 Dec 2018 11:19 AM IST