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Sebi board approves slew of reforms

Sebi board approves slew of reforms

SEBI relaxed its norms for clubbing of investment limits for well-regulated FPIs.

13 Dec 2018 1:58 AM IST

Sensex cheers swift appointment of Das

Sensex cheers swift appointment of Das

Investors expect more steps to ease liquidity crunch.

13 Dec 2018 1:47 AM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

Central bank autonomy -"sacred-": Arvind Subramanian

The government wants the RBI to liberalise the PCA framework so that more banks are able to lend liberally

12 Dec 2018 5:51 PM IST

Economic Affairs Secretary Shaktikanta Das

Will try to uphold credibilty and autonomy of RBI: Shaktikanta Das

Das ensured that he would take adequate measures which the economy requires in a timely manner.

12 Dec 2018 4:53 PM IST

Maharashtra chief minister Devendra Fadnavis

Decisive leadership must to make India USD 5 trillion economy:...

Maharashtra would be the first state in the country to have a USD 1 trillion economy, says Fadnavis.

12 Dec 2018 2:26 PM 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)

Shaktikanta Das assumes charge as RBI Governor

Finance Minister Arun Jaitley termed Das as a person with -"right credentials-" for the RBI top job.

12 Dec 2018 12:34 PM IST

Born: February 26, 1955 Hometown: Odisha, India

Shaktikanta is new RBI Guvernor

The last IAS officer to head the RBI was D. Subbarao, who demitted office in September 2013.

12 Dec 2018 2:35 AM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

RBI remains net seller of US dollar in Oct; sells USD 7.2 billion

Central bank purchased USD 945 million, while sold USD 8.149 billion in the spot market, according to the data.

11 Dec 2018 6:23 PM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

'RBI not dependent on one individual': NITI Aayog on Urjit Patel exit

The functioning of the central bank is not dependent on any particular individual, says Rajiv Kumar.

11 Dec 2018 12:22 PM IST

RBI Governor Urjit Patel

Urjit Patel's resignation comes at a sensitive time, to dampen...

Governor's departure is likely to push 10-year INR yields back above 7.6 per cent in a knee-jerk sell-off.

11 Dec 2018 10:58 AM IST

The excise cuts will reduce the government revenue by 105 billion (about $1.4 billion) or 0.05 per cent of GDP for the remainder of fiscal 2018, which ends in March 2019, said Moodys.

Moody's puts India on alert

On Sunday, IMF's chief economist Maurice Obstfeld said the Indian government must heed the RBI's message on financial...

11 Dec 2018 12:27 AM IST

Ex-Reserve Bank governor Raghuram Rajan

Urjit Patel's resignation is sign of protest: Raghuram Rajan

He said that resignation is the only act that they have in their reservoir when faced with circumstances they cant deal...

11 Dec 2018 12:25 AM IST