Thursday, Aug 22, 2019 | Last Update : 12:32 PM IST

Economy | The Asian Age

RBI minutes to cap yields; revives expectations for further policy easing

RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.

22 Aug 2019 11:55 AM

India's GDP growth set to slow further in Apr-Jun qtr to 5.7 pc: Nomura

India's economic growth slowed to 6.8 per cent in 2018-19 - the slowest pace since 2014-15.

21 Aug 2019 12:32 PM

FinMin mulls stress fund for infra sector: Housing Secretary Mishra

As my information, the discussion for stress fund is on in the Finance Ministry, said Housing Secretary Durga Shanker Mishra.

19 Aug 2019 6:55 PM

Task force on Direct Tax Code submits report to FM

The details of the report, however, could not be known immediately.

19 Aug 2019 5:51 PM

Passenger vehicle retail sales fall 11 pc in July: FADA

Passenger vehicle sales in July declined 11 per cent to 2,43,183 units.

19 Aug 2019 3:56 PM

ADVERTISEMENT

Time has come for banks to link loans, deposits to repo rate: RBI Gov Das

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.

19 Aug 2019 12:40 PM

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:50 PM

FinMin asks PSBs to seek ideas from branches to streamline banking sector

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM

Weak investment, muted monetary transmission big challenges for Indian economy: Goldman

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM

Modi reviews state of economy with Sitharaman, FinMin officials

There are expectations that the government would come out with sector-specific stimulus sometime soon.

15 Aug 2019 5:35 PM

ADVERTISEMENT

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy target achievable

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.

15 Aug 2019 9:27 AM

India is a top place for zombie companies

Zombie companies are defined as corporate underachievers overdosed on cheap credit.

15 Aug 2019 1:44 AM

Risks in sector may rise when banks lend more to NBFCs: Fitch

It said that if banks direct more funds to the sector, mostly the strongest NBFCs are likely to be benefited.

15 Aug 2019 1:35 AM

Jalan panel finalises report; suggests transfer of RBI's surplus in tranches

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

14 Aug 2019 5:20 PM

Wholesale inflation in July falls to multi-year low of 1.08 per cent

Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.

14 Aug 2019 12:36 PM

ADVERTISEMENT

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM

Consumption-driven growth causing 'serious slowdown' warns SBI MF

Personal consumption spend has outgrown household income, leading to household savings plummeting to a low 21 pc.

14 Aug 2019 9:52 AM

Jul retail inflation eases to 3.15 pc; experts advise caution on floods, lag in kharif sowing

Retail inflation was 3.18 per cent in June 2019, while it stood at 4.17 per cent in year-ago period (July 2018).

13 Aug 2019 8:48 PM

India, Russia to boost ties to achieve USD 30 bn bilateral trade by 2025

In 2018-19, the bilateral trade between the countries stood at USD 8.3 billion.

13 Aug 2019 2:59 PM

Gold imports up 35.5 per cent during Apr-Jun

Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current fiscal.

12 Aug 2019 8:29 PM

ADVERTISEMENT