Home » Business » Economy

Economy - Page 278

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years. (Photo: PTI)

India puts off retaliatory tariff on US products

Decision linked with resumption of 2-plus-2 dialogue next month.

3 Aug 2018 9:02 AM IST

State Bank of India

NHAI to ink MoU with State Bank of India for Rs 25,000 crore loan

This is SBI's highest long-term unsecured loan to any entity and also the largest ever loan sanctioned to NHAI.

2 Aug 2018 5:16 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI chairman Chaturvedi assures top priority to governance practices

He expressed hope that uncertainties would be resolved at the earliest.

2 Aug 2018 3:44 PM IST

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

RBI rate hike a 'win-win' situation for markets, banks

The MPC added that the volatility in global financial markets continues to impart uncertainty to the inflation outlook.

2 Aug 2018 12:10 PM IST

Prime Minister Narendra Modi and US President Donald Trump also discussed a range of key issues, including defence and security, in Manila, Philippines. (Photo: PIB)

US Congress seeks to strengthen defence partnership with India

United States Congress has passed the USD 716 billion defence spending bill.

2 Aug 2018 9:24 AM IST

Last month, we saw a spike in risk aversion due to hardening of crude oil prices leading to outflow of funds from emerging markets including India: Ajay Bodke, CEO, Prabhudas Lilladher.

Oil prices affect big economies

Global trade lost some traction due to intensification of trade wars and uncertainty stemming from Brexit negotiations.

2 Aug 2018 12:46 AM IST

RBI hikes repo rate, loans to get dearer

Revises Q2 inflation projections marginally downward.

2 Aug 2018 12:39 AM IST

Diverting from retail inflation, wholesale inflation (WPI) fell to 5.70 per cent in March from 6.55 per cent in the previous month.

RBI pegs retail inflation at 4.8 per cent for second half of FY 2019

Retail inflation has been projected to rise further to 5 per cent in the first quarter of next financial year 2019-20.

1 Aug 2018 4:12 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

LIC-IDBI Bank deal gets clearance from Cabinet

The LIC-IDBI deal has been approved, after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.

1 Aug 2018 4:04 PM IST

Commercial banks charge the state governments for every transaction. Officials said it was not clear whether the RBI would charge for transactions through the e-Kuber portal.

RBI retains GDP growth forecast at 7.4 per cent for FY'19

Central has also projected the GDP growth for first quarter of the next financial year at 2019-20 at 7.5 per cent.

1 Aug 2018 3:28 PM IST

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

RBI hikes repo rate by 25 bps to 6.5 pc after its 3rd bi-monthly MPC...

Reserve Bank of India has hiked the repo rate for the second consecutive month.

1 Aug 2018 2:43 PM IST

Indias manufacturing sector activity fell to a four-month low in February

Mfg sector activity eases in July amid softer increase in output, new...

This is the 12th consecutive month that the manufacturing PMI remained above the 50-point mark.

1 Aug 2018 11:20 AM IST