Wednesday, Jun 19, 2019 | Last Update : 02:08 PM IST

Economy Page-3

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's default as NPA.

06 Jun 2019 1:18 PM

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

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

06 Jun 2019 12:53 PM

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.

06 Jun 2019 12:48 PM

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.

06 Jun 2019 12:41 PM

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

06 Jun 2019 12:29 PM

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

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

06 Jun 2019 12:04 PM

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.

06 Jun 2019 11:46 AM

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 annually.

05 Jun 2019 5:55 PM

From 15L cr highways spend to globalising Khadi; MSME products: Nitin Gadkari's 5-yr roadmap

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

05 Jun 2019 4:20 PM

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 billion.

05 Jun 2019 2:51 PM

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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.

05 Jun 2019 1:54 PM

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 economic issues.

05 Jun 2019 1:39 PM

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

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

05 Jun 2019 11:53 AM

Hiring activity to be positive in 2019-20: Survey

Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on the cards.

04 Jun 2019 5:31 PM

Finmin in 'quarantine' from Monday as Budget-making exercise begins

The Ministry will be out of bounds for visitors and media as it gets down to prepare the Budget for 2019-20 fiscal year.

04 Jun 2019 3:14 PM

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China, India pushing fintech adoption growth: EY

82 per cent said they are aware of peer-to-peer payment systems and non-bank money transfers, according to report.

04 Jun 2019 11:40 AM

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.

04 Jun 2019 10:31 AM

Commerce Ministry to hold meet on Jun 6 to discuss ways to boost exports

Board of Trade (BoT) would seek views of all stakeholders on the forthcoming foreign trade policy.

03 Jun 2019 5:48 PM

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

03 Jun 2019 4:26 PM

US decision to withdraw GSP incentives taken in haste, will hurt exporters: CII

CII President Vikram Kirloskar expressed hope that US and India would find an amicable solution to this issue.

03 Jun 2019 3:50 PM

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