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  Business   Economy  05 May 2017

Business, Economy, 05 May 2017

india's economic recovery to pick up pace

The consumption recovery should take hold from the second quarter of this year.

05 May 2017 6:28 PM

Railways' special monsoon service Maharajas' Express

Maharajas' Express, flagship luxury train of IRCTC, will undertake southern sojourn.

05 May 2017 6:15 PM

RBI given more powers to tackle NPAs: Arun Jaitley

President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.

05 May 2017 6:05 PM

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

05 May 2017 5:53 PM

Rs 115 crore meant for infra projects in mining belt lying unused

As per the SC directives, mining firms have to contribute 30 per cent of royalty to a special fund created by the govt.

05 May 2017 5:50 PM


Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

05 May 2017 5:28 PM

ETFs see $2 billion inflows in Jan-March quarter

Foreign Portfolio Investors registered a robust net inflow of USD 6 billion during the quarter under review.

05 May 2017 4:46 PM

All you need to know about Rs 1,000-crore Nirbhaya Fund

Corpus was earmarked in Union Budget 2013 by P Chidambaram for safety and dignity of women.

05 May 2017 3:52 PM

Bad loans ordinance: RBI gets powers for 'clean banks'

With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.

05 May 2017 3:10 PM

GST to help Indian Economy grow by 8 per cent: Das

The GST will club nearly a dozen central and state levies into a single national sales tax.

05 May 2017 1:44 PM


Fund-raising via NCD drops 24 pc to Rs 29,328 crore in FY17

Overall, in terms of volume, there were 15 NCD issues in the 2016-17 as against 20 in 2015-16.

05 May 2017 1:26 PM

Govt is not targeting any level for the rupee says Das

The domestic currency has been Asia's best performer this year.

05 May 2017 12:46 PM

President Mukherjee clears ordinance on Non-Performing Assets

Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans

05 May 2017 10:06 AM

President likely to promulgate banking ordinance today

Banks are in a sweet spot due to a new framework to deal with NPAs and better quarterly results.

05 May 2017 9:50 AM