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The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation under control, clear signs of revival in factory output:...

The government has mandated the Reserve Bank of India to keep the retail inflation in the band of 2-6 per cent.

14 Sept 2019 3:33 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI proposes Rs 200 cr minimum capital for small banks

The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.

14 Sept 2019 12:07 PM IST

The US-China trade war is not going to be beneficial for Indian exports. On the contrary, India faces a threat of dumping by China.

Exports decline 6 pc to USD 26.13 bn; trade deficit narrows

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine...

13 Sept 2019 7:28 PM IST

The dates for filing the reconciliation statement has also been extended accordingly.

GST Council meets next Friday; tax rate cut to hinge on revenue...

The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.

13 Sept 2019 7:19 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank to sanction Rs 3,000 crore for food parks: Govt

Minor formalities remain to be completed on this front before the first disbursement, MoS for Food Processing Industries...

13 Sept 2019 5:44 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI likely to go for further policy easing in Oct 4 meet

The central bank has already reduced the key policy rate four times in the current calendar year

13 Sept 2019 1:38 PM IST

China warned on Tuesday it would never accept any form of blackmail after US president Donald Trump said his decision to withdraw from a nuclear pact with Russia was also linked to Beijings arsenal.(Photo: Representational | AFP)

US, China trade war could lower global GDP by 0.8 per cent in 2020:...

IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already many facing challenges.

13 Sept 2019 11:56 AM IST

Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST

In the financial year 2017, labour productivity growth fell to 2.6 per cent and 2.9 per cent in FY18. (Representational image)

Industrial output growth rises 4.3 pc in July

The industrial output growth was recorded at 1.2 per cent in June and 4.6 per cent in May this year.

12 Sept 2019 6:40 PM IST

Former PM Manmohan Singh speaking at the birth centenary memorial meeting of Indrajit HGupta in New Delhi. (Photo: ANI)

Former PM Manmohan Singh suggests five steps to tackle slowdown

The first step is to accept that the economy is in crisis, said Congress party leader Manmohan Singh.

12 Sept 2019 4:43 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Income Tax Department eases criminal prosecution norms for TDS, ITR...

CBDT has laid down a new criteria to ensure only 'deserving cases get prosecuted'.

12 Sept 2019 12:33 PM IST

CBDT has made available in the Compliance Module on the e-filing portal of the Income Tax Department the information relating to the identified non-filers.

CBDT launches one-time facility for compounding of income tax offences

In order to avail the facility a taxpayer will have to file an application for compounding a tax offence before the...

12 Sept 2019 12:07 PM IST