Home » Business » Economy

Economy - Page 111

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Shaktikanta Das asks bankers why they aren't cutting lending rates

The meeting focused only on effective transmission of monetary policy, another banker who attended the meeting said.

22 Feb 2019 10:21 AM 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)

Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20:...

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM IST

Moodys is a global rating agency

Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM IST

The initiative will enhance the financial performance of the commercial banks, and will assist them to cope with RBIs prompt corrective action (PCA) plan. (Photo: Linkedin)

CARE Ratings to government: From where will you get the recap funds...

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 5:19 PM IST

Prime Minister Narendra Modi

Indian economy fundamentals sound, set to reach USD 5 trillion: PM...

No other large economy in the world has grown at 7 per cent year after year, says PM.

21 Feb 2019 11:59 AM IST

K Chandrasekhar Rao said he will ensure that demand for raising quotas was accepted if people elected TRS candidates from all 17 Lok Sabha seats of Telangana next year. (Photo: PTI)

Telangana govt set to present Budget tomorrow

Both the Assembly and Council will meet separately at 11.30 am.

21 Feb 2019 11:32 AM IST

The meeting was chaired by Prime Minsiter Narendra Modi. Home Minister Rajnath Singh, Defence Minsiter Nirmala Sitharaman, External Affairs Minister Sushma Swaraj and Finance Minister Arun Jaitley attended the meeting. (Photo: ANI | Twiiter)

Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).

21 Feb 2019 10:01 AM IST

Total income, however, rose to Rs 5,322.33 crore for the third quarter of 2018-19 as against Rs 5,093.43 crore in same period last year: Andhra Bank.

Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs

The government will pump in Rs 12,535 crore in four other banks under PCA.

20 Feb 2019 5:38 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST Council defers decision on tax on real estate; extends deadline...

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:25 PM IST

The government last year relaxed FDI norms in over a dozen sectors

FDI during Apr-Dec 2018-19 falls 7 per cent to USD 33.49 billion

India contracted by 7 per cent to USD 33.49 billion during April-December in the current fiscal.

20 Feb 2019 2:00 PM IST

Alkaline foods such as fresh fruits, vegetables, unsweetened milk, yogurt, nuts, beans, lentils, etc. act as great alternatives to sugary foods.

Sugar production till Feb 15 up 8.07 pc to 21.93 MT: ISMA

The overall sugar output is pegged lower at 30.7 MT for the current marketing year (October-September) compared to 32.5...

20 Feb 2019 1:56 PM IST