Home » Business » Economy

Economy - Page 116

GDP stands for Gross Domestic Product.

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

7 Feb 2019 12:41 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

RBI cuts inflation forecast to 2.8 pc for Q4 2019; 3.2-3.4 pc for...

Reserve Bank of India revised downwards the retail inflation forecast to 2.8 per cent.

7 Feb 2019 12:35 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

7 Feb 2019 12:08 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI MPC may change policy stance to neutral this week: experts

Today's policy statement from the RBI will mark first under Governor Das, who took office nearly a week after the last...

7 Feb 2019 11:17 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Over 15 cr Mudra loans sanctioned till January 25: Employment Minister

Under PMMY collateral free loans up to Rs 10 lakh are extended to MSME to set up or expand their business activities.

7 Feb 2019 11:00 AM IST

Traditionally, banks have utilised their excess SLR in the initial period of credit revival.

Banks need Rs 20 lakh crore fresh deposits to meet credit demand

Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.

7 Feb 2019 5:52 AM IST

Bancassurance channel has doubled the number of lives in just one year from 57.77 lakh lives in FY17 to 195.89 lives in FY18.

Individual agents losing out on 'life' share

Insurance penetration business premium as a ratio of the GDP has remained stagnant.

7 Feb 2019 5:12 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Bimal Jalan panel to meet in Feb-end to study fund transfer models

RBI's Central Board will meet on Feb 18 to consider the audited results for Jul-Dec.

7 Feb 2019 5:05 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI board meeting deferred to February 18

The RBI board is going to take up request of the govt for payment of interim dividend for the current financial year.

6 Feb 2019 4:03 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

PSUs borrowings must be included in govt debts, be aided by the...

The government's total deficit rose to an uncomfortably high level of 8.5 per cent of GDP for 2018-19:economist Sajjid...

6 Feb 2019 12:26 PM IST

The Income-Tax department, in coordination with their foreign counterparts, is investigating offshore bank deposits and purchase of assets by thousands of Indians .

Income tax returns filings rose over 37 percent in April-January

Between April to January period of the last two financial year, the growth was more subdued at 17 percent and 20...

6 Feb 2019 11:09 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to change stance to neutral but may hold rates

Higher budgeted market borrowings and increased inflationary concerns are likely to keep the bond yields elevated.

6 Feb 2019 3:12 AM IST