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The RBI has cancel

Banks set to refer 23 of 28 large dud accounts to NCLT

Banks will also have to make a provision of 50 per cent on these accounts by March 2018.

13 Dec 2017 1:35 PM IST

Subhash Chandra Garg has replaced Shaktikanta Das as economic affairs secretary. (Photo: PTI)

Infra sector to attract USD 12-13 billion investment via NIIF: Garg

Govt is also thinking of more such innovative instruments to fund iconic, national level infrastructure.

13 Dec 2017 12:21 PM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.

RBI hikes FPI caps in G-secs by Rs 11,200 crore to Rs 3.015 trillion

FPIs will be able to invest up to Rs 2,56,400 cr in Central govt securities, up from Rs 2,50,000 crore.

13 Dec 2017 9:55 AM IST

Asian Development Bank

ADB lowers India's GDP forecast for FY-18 to 6.7 per cent

GDP outlook for next fiscal beginning from March 2018 to 7.3 per cent from 7.4 per cent.

13 Dec 2017 9:37 AM IST

Consumer inflation for the month of October surged to 3.58 per cent as against 3.28 per cent in September. (Photo: PTI)

Inflation accelerates to 15-month high of 4.88 per cent in November

Inflation, based on Consumer Price Index (CPI), was at 3.58 per cent in October.

12 Dec 2017 6:18 PM IST

Industrial output or IIP growth stood at 1.7 per cent in May.

India's industrial output grows 2.2 per cent in October

Economists polled by Reuters had forecast 3.0 per cent growth in output compared with an upwardly revised 4.1 per cent.

12 Dec 2017 6:04 PM IST

EPFO had started investing in ETF in August 2015, putting 5 per cent of its investible deposits in stock linked products.

EPFO advises members against fully withdrawing funds

Digital movement is really enabling EPFO to go forward and introduce lot of things more aggressively.

12 Dec 2017 5:22 PM IST

From 2004 to 2014 the Indian economy grew by an average of over 7.8 per cent each year.

'India Inc's Nov M&A deal tally grows 55 per cent to USD 3 billion'

In January-November, there were 389 merger and acquisition deals worth USD 39.86 billion.

12 Dec 2017 3:48 PM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.

RBI net buys USD 852 million of US currency in October

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

12 Dec 2017 10:23 AM IST

Union shipping minister Nitin Gadkari

Govt in talks with Singapore for cruise connectivity: Nitin Gadkari

India saw 1.76 lakh cruise passengers in 2016-17, a merely 0.5 per cent of global pie.

12 Dec 2017 10:14 AM IST

Union Finance Minister Arun Jaitley said BJP will celebrate Anti-Black Money Day on November 8 to mark the first anniversary of demonetisation. (Photo: Twitter | @BJP4India)

Q2 growth marks reversal of declining trend: Arun Jaitley

Indian economy bounced back from a 3 year low to expand by 6.3 pc in July-Sept compared to 5.7 pc in April-June.

12 Dec 2017 9:49 AM IST

Union Minister for Finance and Corporate Affairs, Arun Jaitley addresses a Press Conference in National Media Centre in New Delhi on Tuesday. (Photo: PTI)

Economists suggest FM Arun Jaitley to maintain fiscal targets

Mr Jaitley had a pre-Budget meeting with economists and information technology representatives in the North block.

12 Dec 2017 12:21 AM IST