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Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

Credit flow to NBFCs to go up

The RBI has aligned the risk weights for bank exposures to all categories of NBFCs other than Core Investment Companies...

8 Feb 2019 1:33 AM IST

Shaktikanta Das

Growth in focus, more rate cuts on the cards

The rate cut decision was accompanied by a shift in the monetary policy stance to neutral' from calibrated tightening.'

8 Feb 2019 1:33 AM IST

Today, the use of Aadhaar has been extended beyond the PDS and the delivery of subsidised benefits.

Just 23 crore PAN cards linked with Aadhaar ahead of Mar 31 deadline

Income Tax department has so far issued 42 crore PAN, of which 23 crore have been linked with Aadhaar.

7 Feb 2019 3:43 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

I-T Dept to soon decide on startups to be exempt from angel tax

Startups will have to provide account details and return of income for last three years.

7 Feb 2019 12:57 PM IST

The WTO upheld Japans complaint in November but India is planning to appeal.

Firms seek higher duties as surplus steel lands in India

The ministry has given various indications that some measures might be taken, the sources added.

7 Feb 2019 6:38 AM IST

In January, MSCIs broadest index of Asia-Pacific shares gained 6.7 per cent, its biggest monthly advance since March 2016.

Asian equities receive biggest foreign inflows

Foreign outflows from Asian equities were the biggest in at least seven years in 2018 as the Sino-US trade war battered...

7 Feb 2019 5:57 AM IST

Railway Minister Suresh Prabhu.

DPIIT starts exercise to rank states for ease of doing biz this year

DPIIT has stated that this year they propose to undertake a 100 per cent feedback based assessment on 76 reform measures...

6 Feb 2019 2:44 PM IST

After restriction, exporters operating from SEZs and EoUs made representations to remove this prohibition stating they only use imported material for export of final product. (Photo: File)

Govt allows export of bio-fuels from special economic zones,...

In August 2018, the government imposed restrictions on export of bio-fuels for non-fuel purposes.

6 Feb 2019 2:03 PM IST

Airfares especially on the Delhi-Mumbai sector, has seen a surge of 30 per cent owning to fewer flights operating out of one of Indias busiest airports. (Photo: ANI)

Airfares surge for Mumbai airport repair work

The airport will be shut between 11am and 5pm every Tuesday, Thursday and Saturday from February 7.

6 Feb 2019 10:47 AM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Indian steel firms seek higher duties on steel imports as prices drop

Imports of various grades of steel into India rose by around 8 per cent in the April-December 2018 period.

6 Feb 2019 10:41 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

Greater efforts will be needed to reduce fiscal deficit: IMF mission...

Interim budget envisages a slower pace of fiscal consolidation than previously planned: IMF mission chief for India

6 Feb 2019 10:25 AM IST

NBFCs would increasingly find it difficult to profitably lend under these categories.

NBFC woes to continue in FY20

Efforts by NBFCs to move towards long-term funds have increased the cost of funding.

6 Feb 2019 3:14 AM IST