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Retail inflation has picked up in October to a seven-month high, driven by faster rise in prices of food, fuel and housing.Business
Inflation likely slowed further in March, but above target: sources

The Monetary Policy Committee (MPC) lowered its inflation forecast for April-September to 4.7-5.1 per cent.

11 April 2018 2:39 PM IST

Global tech major Microsoft is looking at investing in Indian tech startups through its venture funding arm, a senior official has said.Business
Digital transformation to add USD 154 bn to India's GDP: Microsoft

Organisations are increasingly deploying emerging technologies.

11 April 2018 2:15 PM IST

The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.Business
ADB sees 6 pc Asia growth but warns on risks from trade tensions

Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global...

11 April 2018 12:04 PM IST

IMF chief Christine Lagarde on Sunday said the Indian economy is on a \very solid track\ in the mid-term. (Photo: AP)Business
IMF's Lagarde: Trade protectionism threatens economic growth

IMF in January forecast global growth of 3.9 per cent for this year.

11 April 2018 11:20 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.Business
Banks' joust with RBI on new NPA framework reaches House panel

New guidelines also disrupt many other resolutions process of bad loans.

11 April 2018 10:40 AM IST

Secretary of Department of Financial Services Rajiv Kumar. (Photo:Twitter)Business
Govt cleaning up banking sector, says DFS secretary

Banks have also raised more than Rs 10,000 crore so far and will raise more in coming months from market.

11 April 2018 9:10 AM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.Business
Plans of FDI hike in PSBs on hold now

Bad loans of public sector banks stood at Rs 7.34 lakh crore by the end of second quarter last fiscal.

11 April 2018 9:00 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.Business
RBI net buys USD 1.665 billion of US currency in February

RBI's intervention in the foreign exchange market is to curb volatility in the rupee and not to target a price band.

11 April 2018 8:25 AM IST

The Indian rupee plunged to a record low on ThursdayBusiness
Rupee makes mild recovery amid easing trade war fears

The rupee on Tuesday staged a mild recovery of 3 paise to end at 64.99 against the American currency.

10 April 2018 7:14 PM IST

The US dollar ended sharply cheaper against the rupee at 64.97/98 per dollar.Business
RBI sets rupee reference rate at 64.9368 against US dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 64.9368 against the US dollar and 79.9047...

10 April 2018 5:52 PM IST

Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.Business
NBFCs' retail credit may grow at 17-19 per cent in FY19: Icra

The total managed NBFC-retail credit of NBFCs stood at around Rs 7 trillion as on December 31, 2017.

10 April 2018 5:44 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
Govt mulling converting GSTN to govt company

Currently, private financial institutions are the majority owners in GSTN with 51 per cent stake.

10 April 2018 5:21 PM IST

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