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ECONOMY
RBI urges banks to ensure timely resolution of stressed assets
Aug 21, 2019

The Reserve Bank of India’s (RBI) deputy governor NS Vishwanathan has urged bankers to ensure timely resolution of stressed assets

ECONOMY
Govt to achieve housing for all two years ahead of 2022 target: Hardeep Singh
Aug 21, 2019

The Union Housing and Urban Affairs Minister Hardeep Singh Puri has said the government is set to achieve its target of providing h

ECONOMY
Link incremental bulk deposits to repo rate to reduce cost of funds: SBI Report
Aug 21, 2019

In order to effective transmission of the Reserve Bank of India’s (RBI’s) lower policy rates, the State Bank of India (SBI) in its

ECONOMY
Govt needs to fix problems in power, non-bank financial sectors: Raghuram Rajan
Aug 20, 2019

Terming slowdown in the economy as ‘very worrisome’, Former Reserve bank of India (RBI) Governor Raghuram Rajan has said that the g

ECONOMY
CCI introduces green channel clearance for mergers & acquisitions
Aug 20, 2019

With an effort to make mergers and acquisitions (M&A) filings approval faster, Competition Commission of India (CCI) has introd

ECONOMY
Govt removes requirement of DRR by NBFCs, HFCs to reduce cost of raising capital
Aug 20, 2019

With an aim to reduce cost of raising capital, the government has removed the redemption reserve requirement for issuance of debent

ECONOMY
Retail sales of passenger vehicles drop 11% to 2,43,183 units in July: FADA
Aug 20, 2019

Automobile dealers' body -- Federation of Automobile Dealers Associations (FADA) has said that retail sales of passenger vehicles (

ECONOMY
Corporate tax rate will be gradually cut to 25%: Finance Minister
Aug 20, 2019

With an aim to support Indian wealth creators, Finance Minister Nirmala Sitharaman has said corporate tax rate will be gradually cu

ECONOMY
Growth is highest priority for monetary policy committee: Shaktikanta Das
Aug 19, 2019

Calling for an urgent review of corporate governance at state-run banks, Reserve Bank of India (RBI) Governor Shaktikanta Das has s

ECONOMY
Govt planning to give debt waiver for small distressed borrowers under IBC
Aug 19, 2019

Corporate Affairs Secretary Injeti Srinivas has said that the government is planning to give debt waiver for small distressed borro

ECONOMY
Real estate developers may face liquidity crunch on NBFC woes: Fitch
Aug 19, 2019

Global rating agency Fitch Ratings in its latest report has said that Indian-based real-estate developers may face liquidity crunch

ECONOMY
Payment of MSME should get released in 45 days: Nitin Gadkari
Aug 19, 2019

With a view to prove support to Micro, Small and Medium Enterprises (MSME),  Union MSME minister Nitin Gadkari  has promi

ECONOMY
Growth in job creation slows down in FY19: CARE Ratings
Aug 19, 2019

CARE Ratings in its latest study report has stated that growth in job creation slowed down in the financial year 2018-19 (FY19), wi

ECONOMY
CBDT takes step to ensure transparency in tax administration
Aug 16, 2019

In order to ensure more transparency in Tax Administration, the Central Board of Direct Taxes (CBDT) has brought in concept of Docu

ECONOMY
Economic slowdown can be attributed to structural, cyclical factors: SBI Report
Aug 16, 2019

SBI in its latest research report 'Ecowrap’ has said that the present economic slowdown can be attributed to a combination of both

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