Sunday, Aug 18, 2019 | Last Update : 11:48 PM IST

Economy | The Asian Age

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:50 PM

FinMin asks PSBs to seek ideas from branches to streamline banking sector

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM

Weak investment, muted monetary transmission big challenges for Indian economy: Goldman

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM

Modi reviews state of economy with Sitharaman, FinMin officials

There are expectations that the government would come out with sector-specific stimulus sometime soon.

15 Aug 2019 5:35 PM

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy target achievable

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.

15 Aug 2019 9:27 AM

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India is a top place for zombie companies

Zombie companies are defined as corporate underachievers overdosed on cheap credit.

15 Aug 2019 1:44 AM

Risks in sector may rise when banks lend more to NBFCs: Fitch

It said that if banks direct more funds to the sector, mostly the strongest NBFCs are likely to be benefited.

15 Aug 2019 1:35 AM

Jalan panel finalises report; suggests transfer of RBI's surplus in tranches

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

14 Aug 2019 5:20 PM

Wholesale inflation in July falls to multi-year low of 1.08 per cent

Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.

14 Aug 2019 12:36 PM

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM

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Consumption-driven growth causing 'serious slowdown' warns SBI MF

Personal consumption spend has outgrown household income, leading to household savings plummeting to a low 21 pc.

14 Aug 2019 9:52 AM

Jul retail inflation eases to 3.15 pc; experts advise caution on floods, lag in kharif sowing

Retail inflation was 3.18 per cent in June 2019, while it stood at 4.17 per cent in year-ago period (July 2018).

13 Aug 2019 8:48 PM

India, Russia to boost ties to achieve USD 30 bn bilateral trade by 2025

In 2018-19, the bilateral trade between the countries stood at USD 8.3 billion.

13 Aug 2019 2:59 PM

Gold imports up 35.5 per cent during Apr-Jun

Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current fiscal.

12 Aug 2019 8:29 PM

Expedite claims settlement in flood-affected Kar, MH: Irdai to insurers

Irdai issued advisory to general insurance and health insurance companies to expedite settlement of claims for the two states.

12 Aug 2019 4:51 PM

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GSP roll-back: Exports of goods under tariff system to US up 32 pc

India's exports to the US on GSP withdrawn products has registered 32 per cent growth in June 2019, said TPCI's Mohit Singla.

11 Aug 2019 7:52 PM

TV sales dip; manufacturers ask govt to lower GST

Manufacturers are attributing the fall in demand to overall low consumer sentiments.

11 Aug 2019 6:19 PM

India's real estate sector on growth trajectory: CREDAI-CBRE report

The report estimated that office space stock will touch one billion sq ft by 2030.

11 Aug 2019 2:24 PM

Govt may permit 100 pc FDI in contract manufacturing: Sources

Commerce and industry ministry is working on a proposal that would be finalised soon and sent for Union Cabinet's approval.

11 Aug 2019 1:22 PM

Nirmala Sitharaman silent on higher taxes for foreign investors: sources

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM

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