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Economic Affairs Secretary Shaktikanta Das

RBI needs to ensure stability: Shaktikanta Das

The country's growth story is backed by its strong domestic fundamentals, he said, citing lower inflation.

19 Jan 2019 10:20 AM IST

Shaktikanta Das

RBI-industry meet: India Inc pitches for rate cut to prop up growth

CII lauded the RBI for steps taken to ease financing challenges faced by the real sector.

17 Jan 2019 5:07 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth likely to be tad higher at 7.5 pc in FY20, says Ind-Ra

GDP growth in 2019-20 will be more dispersed and evenly balanced across sectors as well as demand-side growth drivers

17 Jan 2019 4:36 PM IST

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

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been...

17 Jan 2019 3:01 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI Governor to meet industry chambers on Thursday

Meeting comes ahead of the sixth bi-monthly monetary policy statement for 2018-19 scheduled to be announced on Feb 7.

16 Jan 2019 3:01 PM IST

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.

RBI may take dovish stance in Feb policy with softer inflation

The report expect a 50 basis points of rate cut in the first half of 2019.

16 Jan 2019 1:49 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Corporate tax may be cut to 25 per cent for turnover up to Rs 500 cr

Companies above Rs 250 crore turnover currently pay a basic corporate tax rate of 30 per cent.

16 Jan 2019 11:18 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Cabinet likely to consider capital infusion proposal for Exim Bank

The government infused Rs 500 crore in Exim Bank last financial year.

15 Jan 2019 3:31 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)

Govt keen to pare stake in banks to 52 per cent, but capital infusion...

State Bank of India has already initiated steps for a Rs 20,000-crore share sale through qualified institutional...

15 Jan 2019 2:14 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Demonetisation, GST affecting Mudra loan recovery, says Sena

Loans worth Rs 2.46 lakh crore have been disbursed so far to 4.81 crore small scale industrialists.

15 Jan 2019 12:13 PM 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)

Finance ministry for caution on Mudra loans without stifling credit

Mudra loans NPAs at best could be under 3.5 per cent of total outstandings of Rs 2. 4 lakh crore of the PSBs in fiscal...

15 Jan 2019 10:55 AM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation at 8-month low of 3.80 pc in Dec on softening fuel, food...

The central bank lowered retail inflation projection to 2.7-3.2 per cent for the second half of the current fiscal.

14 Jan 2019 1:03 PM IST