Home » Business » Economy

Economy - Page 33

Private traders have imported 1.72 million tonne (MT) wheat so far and total inbound shipments are expected to cross 2 MT this year.

Wheat sowing up 4.28 per cent at 202.54 lakh hectares so far

As per the ministry's latest data, wheat was sown in 8.34 lakh hectare more area so far in the ongoing rabi (winter)...

6 Dec 2019 7:53 PM IST

Shaktikanta Das

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points...

6 Dec 2019 3:22 AM IST

Reserve Bank of India (RBI)

NBFCs, MFIs & co-ops can now become SFBs

The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as...

6 Dec 2019 2:18 AM IST

Shaktikanta Das

RBI rubs it in, says no respite from price rise

Shaktikanta Das says vegetable prices should soften by early February 2020.

6 Dec 2019 2:17 AM IST

Of the five mines, two were allocated to Birla Corporation Ltd and one each to Vedanta Ltd, Prakash Industries Ltd and Powerplus Traders Pvt Ltd.

Govt approves allocation of 5 coal blocks, to generate Rs 17,136 cr...

The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines, the ministry said...

5 Dec 2019 5:57 PM IST

Governor Shaktikanta Das

We can't keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

5 Dec 2019 1:34 PM IST

Reserve Bank of India (RBI)

Reserve Bank keeps benchmark interest rate unchanged at 5.15 per cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October...

5 Dec 2019 12:08 PM IST

In the current scenario the solutions and services by the Human Capital Management and Skill Development Companies/ platforms are a blessing.

India's services industry returns to growth in November on strong...

A sub-index tracking demand jumped to 53.2 from October's 50.1, encouraging firms to accelerate hiring at the fastest...

4 Dec 2019 7:51 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST Council to review revenue position, compensation cess on Dec 18

The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.

4 Dec 2019 6:53 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Total FDI inflow into India increased in 2018-19: govt

Total FDI inflow in 2018-19 was USD 62.00 billion.

4 Dec 2019 3:05 PM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

4 Dec 2019 11:33 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)

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

3 Dec 2019 4:21 PM IST