Tuesday, May 21, 2019 | Last Update : 10:59 PM IST

Economy Page-11

RBI sets NBFC-MFIs' average base rate at 9.21 pc for April-June

The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.

30 Mar 2019 10:15 AM

Govt to borrow Rs 4.42 lakh cr in H1 FY2019-20: Economic affairs secy

Economic Affairs Secy Subhash Chandra Garg said government will stick to fiscal deficit target of 3.4 pc of GDP for current fiscal.

29 Mar 2019 7:23 PM

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 Mar 2019 7:10 PM

Trai begins consultation to review terms, conditions for OSP registration

Trai has sought written comments on the consultation paper by April 29, and counter comments by May 13.

29 Mar 2019 6:07 PM

Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.7 per cent.

29 Mar 2019 4:16 PM


India raises gas price for April-September by about 10 pct to USD 3.69/mmBtu: Source

The government will formally announce the revised prices later on Friday, the source said.

29 Mar 2019 2:43 PM

India Inc's foreign borrowings fall 9 per cent to USD 2.81 bn in Feb

The entire fund mop-up during the month was done through the automatic route of ECB, showed the RBI data.

29 Mar 2019 2:37 PM

'Nyay scheme poses fiscal challenge to India's economy': Arvind Panagariya

Economist Arvind Panagariya said that 'Nyay' is difficult to implement and unlikely to achieve its intended objective.

28 Mar 2019 7:08 PM

RBI likely to cut repo rate by 25 bps in April policy: Report

Goldman Sachs had earlier expected no change in the policy rate in the April meeting.

28 Mar 2019 6:30 PM

Rupee plunges 42 paise to 69.30/USD on stronger dollar

Most Asian currencies struggled amid expectations of dovish monetary policy by central banks following a deteriorating global outlook.

28 Mar 2019 6:10 PM


Commerce ministry for imposition of countervailing duty on Chinese pneumatic tyres

The move will be aimed at guarding domestic players from imports that are subsidised by China.

28 Mar 2019 3:28 PM

PE, VC investment in India at USD 20.5 billion in 2018: Report

Investments account of start-ups, e-commerce and information technology-enabled services, according to a report by Grant Thornton.

28 Mar 2019 1:59 PM

RBI allows non-residents to participate in rupee interest rate derivatives market

Indian market has witnessed increasing participation from non-resident players like FPIs in debt.

28 Mar 2019 9:57 AM

RBI likely to cut repo rate by 25 bps: Goldman Sachs

The brokerage expects another rate cut by the RBI by 25 bps in the third quarter of 2019.

28 Mar 2019 8:31 AM

Changes in APEDA Act, Essential Commodities Act required to help farmers: Kant

Changes required to help farmers get better prices of their produce, said Niti Aayog CEO Amitabh Kant.

27 Mar 2019 7:29 PM


City gas distribution rights to help oil marketing firms diversify: Fitch

IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.

27 Mar 2019 7:08 PM

Maharashtra says has no dues towards private power producers

MSEDCL says dues reflecting on a government portal are

27 Mar 2019 6:57 PM

Rupee settles marginally lower at 68.88 vs US dollar

Sustained foreign fund inflows and easing crude oil prices cushioned the Rupee fall.

27 Mar 2019 6:37 PM

Commerce min calls meeting of stakeholders on increasing exports to China on Apr 5

Trade deficit with China increased to USD 63.12 billion in 2017-18 from USD 51.11 billion in 2016-17.

27 Mar 2019 6:30 PM

India-US sign pact for exchange of reports to check tax evasion by MNCs

The agreement was signed by Central Board of Direct Taxes Chairman PC Mody and US' ambassador to India Kenneth Juster.

27 Mar 2019 4:29 PM