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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)

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on...

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

6 Jun 2019 12:53 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.

Highlights of RBI's monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

6 Jun 2019 12:48 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

RBI lowers economic growth forecast to 7 pc for FY20

Weak global demand due to escalation in trade wars may further impact India's exports and investment activity, said RBI.

6 Jun 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 raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

6 Jun 2019 12:29 PM IST

Shaktikanta Das

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

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

6 Jun 2019 12:04 PM IST

Narendra Modi was Saturday appointed Prime Minister by President Ram Nath Kovind after he was unanimously elected NDA parliamentary party leader at a meeting in which he asked its members to work without discrimination, stressing on the need to win over the trust of minorities. (Photo: Twitter/ @BJP4India)

After dismal data, India sets up cabinet panels on jobs, economy

The unemployment rate rose to a multi-year-high of 6.1 per cent in the 2017-18 fiscal year.

6 Jun 2019 11:46 AM IST

Tobacco contributes a major percentage of the total value of commercial crops in India generating huge socio- economic benefits in terms of agricultural employment, farm incomes, revenue generation and foreign exchange earnings. (Photo: File)

Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore...

5 Jun 2019 5:55 PM IST

Union transport and surface minister and BJP senior leader Nitin Gadkari

From 15L cr highways spend to globalising Khadi; MSME products: Nitin...

Gadkari said his priority will be 'rolling out all stuck highway projects that include many of IL&FS projects within 100...

5 Jun 2019 4:20 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

FDI in services sector up 37 per cent in 2018-19

The overall FDI inflows declined for the first time in the last six years in 2018-19, falling 1 per cent to USD 44.37...

5 Jun 2019 2:51 PM IST

The action plan deals with measures to manage the pollution from vehicles, industries and house-hold, majorly involving burning of fossil fuels.

Tripura to provide subsidy on setting up of large industries

Decision to provide subsidies on capital investment for large industries was taken in a ministers meeting recently.

5 Jun 2019 1:54 PM IST

The stance of countrys first family in not listening to SCs order on Rafale deal case petition can be termed as, with due respect, amazing audacity, Defence Minister Nirmala Sitharaman said. (Photo: ANI)

Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan

The G20 meetings provide a forum for key countries in international financial system to discuss major international...

5 Jun 2019 1:39 PM IST

This will work against the Indian IT services sector (H-1B dependent) as the average wage is approximately lower by 25 per cent compared to companies that are not dependent on H-1B visas as per estimates.

India's services sector activity growth slips to 12-month low in May:...

On the prices front, the survey noted that, firms were also helped by a lack of inflationary pressures in the sector.

5 Jun 2019 11:53 AM IST