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US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years. (Photo: PTI)Business
Need for serious negotiations on US-India free trade agreement:...

Total bilateral trade in services in 2017 was USD 51.8 billion, an increase of 11 per cent from the previous year.

26 April 2018 10:54 AM IST

The latest Reserve Bank data on the precipitous drop in recovery of bad loans by banks is of concern as in simple terms it means loot of the peoples money.Business
Currency hoarding on despite govt, RBI assurance

Currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20.

26 April 2018 9:05 AM IST

The Serious Fraud Investigation Office (SFIO) has summoned the top management of about 31 banks having exposure to Mehul Choksi-promoted Gitanjali Gems.Business
Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:06 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 April 2018 4:34 PM IST

The district administration is now concentrating on curbing the illegal transport of petrol and diesel in the district.Business
Finance ministry won't favour cut in fuel duty

No tinker likely to autonomy on pricing n Oil ministry has yet officially asked for a cut.

24 April 2018 12:59 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
Infra lending may take a back seat as RBI refuses to budge on new NPA...

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 April 2018 1:59 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.Business
India's economy could grow at 7.4 per cent in 2018-19: RBI

India's annual retail inflation eased for a third straight month in March to 4.28 per cent.

23 April 2018 8:33 AM IST

Prime Minister Narendra Modi on Thursday said subsidy targeting using trinity of Jan Dhan accounts, mobile numbers and Aadhaar helped save the government USD 10 billion. (Photo: PTI)Business
Deposits in Jan Dhan accounts cross Rs 80,000 crore

India's financial inclusion efforts have won recognition from the World Bank.

22 April 2018 1:56 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Probability of RBI rate hike has increased, say experts

The minutes of the RBI's monetary policy committee (MPC) are 'hawkish' and indicate a hike in key policy rates.

22 April 2018 11:23 AM IST

World Trade Organisation chief Roberto Azevedo. (Photo: PTI)Business
Escalating trade dispute could derail recovery: WTO chief

The impact of an all-out trade war would hit poor countries.

21 April 2018 10:27 AM IST

For over a year, India had been the fastest growing economy, second only to China. This has now changed.Business
India contributing to global growth in financial inclusion: World Bank

Report states that about 51.4 crore accounts have been opened globally from 2014 to 2017.

20 April 2018 10:20 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.Business
RBI minutes: Patel in favour of more data before changing policy...

The flow of funds from non-bank sources to the corporate sector has also been rising.

20 April 2018 9:15 AM IST

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