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Shaktikanta Das

RBI may go for 25 bps rate cut on Wed for 4th time in row

Industry also expects the six-member MPC to take steps to improve liquidity situation and also ensure transmission of...

5 Aug 2019 9:38 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

E-commerce cos' focus on small towns to fuel job opportunities

Small towns are becoming the driving force behind e-commerce growth in the country as online retailers.

5 Aug 2019 9:35 AM IST

India has been the worlds fastest growing major economy over the past two years.

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion...

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

5 Aug 2019 9:33 AM IST

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Two lakh jobs cut in last 3 months across automobile dealerships: FADA

286 showrooms were closed across 271 cities in the 18-month period ended April this year.

5 Aug 2019 9:22 AM IST

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Fund crunch speeds auto slump

Non-banking finance companies (NBFCs), or shadow banks, have dramatically slashed lending following the collapse of ...

5 Aug 2019 4:28 AM IST

Gartner predicts AI-enabled PPM will begin to surface in the market sometime this year. (Photo: Pixabay)

Market may factor in positives

After last week's huge selling across the board, the market may recover with several positives getting factored in.

5 Aug 2019 3:42 AM IST

Moving a step closer towards setting up a spot gold exchange, a steering committee of industry bodies has defined the structural framework for the exchange.

Industry suggests framework for gold bourse

Product specifications should be broad enough to appeal to a range of customers but narrow enough to promote liquidity.

5 Aug 2019 3:38 AM IST

When it comes to natural rubber, there has been a subdued demand from domestic stockists amid expectations of a rise in supply in the coming days.

Natural rubber prices to remain under pressure

When it comes to imports of rubber products, the volume and value are on the rise as well.

5 Aug 2019 3:35 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

RBI imposes fine on PNB for delay in reporting fraud in Kingfisher...

A penalty of Rs 50 lakh was imposed by the RBI on the bank.

3 Aug 2019 3:36 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Good money after bad? India's bank rescue plans keep on coming

Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India's economic...

3 Aug 2019 1:18 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

RSS' economic wing says India unlikely to accept China-led trade deal

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and...

3 Aug 2019 12:06 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

Fin-tech players enabling payment through aadhar card

There are still several structural challenges that are hindering the growth of digital payments in the country.

3 Aug 2019 11:49 AM IST