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PM Narendra Modi addresing the SCO summit in Bishkek (Photo: ANI)

Modi says one-sided decisions drive development of global economy

Development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system.

28 Jun 2019 10:00 AM IST

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

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM IST

As a part of the Digital India initiative, myriad e-governance measures are being implemented and many government departments have found their way to a strong online presence.

Government expenditure under Digital India at Rs 3,328 cr in 2018-19:...

Electronics and IT Minister Ravi Shankar Prasad gave this information in a written reply to the Rajya Sabha.

27 Jun 2019 6:46 PM IST

Goyal asks ministries to work in coordination to cut logistics cost to...

Policy was prepared in consultation with ministries of railways, road transport and highways, shipping and civil...

27 Jun 2019 5:16 PM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

By March 2020, banks' gross NPAs to reduce to 8 per cent

The banking system saw gross NPAs reaching a peak of 11.5 per cent in March 2018. In March 2019 NPAs stood at 9.3 per...

27 Jun 2019 2:00 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

India won't bargain national interest in trade talks with US: Goyal

India exported goods worth over USD 6 billion under GSP in 2018.

27 Jun 2019 9:44 AM IST

Reserve Bank of India (RBI)

RBI panel on MSME suggests Rs 15,000 cr fund to support industry

The contribution of the sector in the economy is currently constrained due to several challenges affecting growth in the...

26 Jun 2019 4:33 PM IST

In a written reply to Lok Sabha, Mines Minister Pralhad Joshi said in 2018-19 India produced 206.4 MT iron ore while in 2017-18 the output was 200.9 MT. (Photo: File)

No shortage of iron ore in country: Mines Minister

As on date, 20 iron ore blocks -- having a reserve of 583.057 MT -- have been auctioned.

26 Jun 2019 4:05 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Indian companies optimistic about their growth prospects: HSBC

Survey showed that businesses in India are very optimistic about their growth prospects, despite subdued macro-economic...

26 Jun 2019 3:05 PM IST

Anand Mahindra.

Lowering GST on automobiles would help the economy: Anand Mahindra

Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May...

26 Jun 2019 1:36 PM IST

15th Finance Commission chairman N K Singh.

15th finance panel stresses on dialogue with GST council

Dialogue between the commission and GST council to address various concerns on the taxation regime.

25 Jun 2019 8:28 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.

Govt likely to use Rs 3 trillion RBI windfall to pay regular bills

Market expectations suggest Rs 3 lakh crore distributed staggered over years.

25 Jun 2019 5:02 PM IST