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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI policy in limelight for markets in truncated week

A spate of economic data are lined up globally and domestically.

2 April 2017 11:26 AM IST

GDP stands for Gross Domestic Product.

CAD expected to be around 1.4 pc of GDP in 2017: Nomura

For the full fiscal 2017, CAD narrowed to 0.7 per cent of GDP compared to 1.1 per cent in the previous fiscal.

16 Jun 2017 3:52 PM IST

To provide relief to farmers hit by natural calamities, the government has decided to give two per cent interest subsidy for the first year on the restructured amount. (Photo: PTI)

Farm loan waivers may lead to fiscal slippages: report

Domestic brokerage firm said around Rs 1.6 trillion of farm loans could come up for waiver.

16 Jun 2017 1:21 PM 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)

IMF raises China growth forecast, urges faster reforms

IMF expects China to expand by 6.7 per cent this year, faster than its previous estimate of 6.6 per cent.

14 Jun 2017 5:02 PM IST

Data this week is expected to show Chinas forex reserves precariously perched just above $3 trillion at end-December.

China factory output rises in May but officials guarded

China's economy has long been driven by debt-fuelled investment in infrastructure, such as bridges, highways.

14 Jun 2017 11:06 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Economic growth may touch 7 per cent in 2018: report

Inflation may range between 4 to 5.5 per cent towards the second half of the next calendar year.

25 Dec 2017 10:31 AM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Assocham expects India to grow at 7 per cent in 2018

Assocham said weak base of earnings in sync with the lowering of GDP growth in later part of 2017 would also help the...

25 Dec 2017 12:07 AM IST

Commerce & industry minister Suresh Prabhu.

Committed to raising India's share in global trade: Prabhu

Prabhu said that both imports and exports contribute significantly to improving the country's GDP.

22 Dec 2017 2:56 PM IST

India likely to be USD 6.5-7 trillion economy by 2030: Debroy

Per capita income in India by 2030 will however be just USD 4,000, still less than many other countries.

21 Dec 2017 1:40 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI's key policy rates to remain unchanged in 2018: Nomura

Nomura expects that 2017-18 could see fiscal deficit widen on elevated oil prices.

21 Dec 2017 11:24 AM IST

Chief Economic Advisor Arvind Subramanian

Open market required for India to sustain 8-10 pc growth

Subramanian said, India has done a lot on FDI and more would help in attracting investment.

8 Jun 2017 1:47 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI sees economy clipping at 7.3 pc in current fiscal

Retail inflation, excluding food and fuel that remained sticky during H2 of FY17 at around 4.9 per cent.

30 Jun 2017 8:05 PM IST