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The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)Business
Supreme Court quashes RBI's February 12 circular on one-day default

The court also held that reference under IBC has to be on case-specific basis and with authorisation of the central...

3 April 2019 12:23 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.Business
SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

2 April 2019 7:42 PM IST

Supreme Court of India. (Photo: Representational Image)Business
SC quashing RBI circular to give relief to power cos but delay...

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril...

2 April 2019 5:43 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI begins 3-day meet on monetary policy amidst rate cut hopes

A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.

2 April 2019 5:05 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)Business
India's manufacturing growth at 6-month low in March: PMI

The Nikkei India Manufacturing Purchasing Managers' Index (PMI) declined to 52.6 in March from 54.3 in February.

2 April 2019 11:36 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI to cut rates again before vote; BJP victory best for economy:...

India's growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.

2 April 2019 11:11 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI may go for 25 bps rate cut on April 4

A back-to-back cut in interest rate would provide relief to borrowers in the election season.

1 April 2019 8:42 AM IST

Indias forex reserves have shot up considerably.Business
India's forex reserves up by USD1.99 billion to USD 419.99 billion

The overall reserves had declined by USD 2.05 billion to USD 417.99 billion in the previous reporting week.

31 May 2019 6:47 PM IST

Prime Minister Narendra Modi (Photo: PTI)Business
India's economy seen limping behind China as Modi begins second term

A Reuters survey of economists forecast growth slipped to 6.3 pc annually in the quarter ending in March.

31 May 2019 5:17 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Banks can use Aadhaar for KYC with customer's consent: RBI

RBI said that 'Proof of possession of Aadhaar number' has been added to the list of Officially Valid Documents.

30 May 2019 9:35 AM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI to cut rates in June, but analysts split on if it should: Report

RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since...

29 May 2019 11:16 AM IST

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