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Finance Minister Arun Jaitley

Government takes decision on banking sector: Jaitley

Bad loans at Indian lenders hit a record $150 billion as of end-December.

4 May 2017 10:22 AM IST

Factory output grew at a higher rate of 9.9 per cent in October last year mainly driven by better performance of manufacturing sector and increase in output of capital goods by 16.5 per cent.

Manufacturing sector grows for 4th straight month

Less than 5 per cent of manufacturers raised their output prices in April, while almost 93 per cent signalled no change.

2 May 2017 11:32 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI Guv not to appear again over demonetisation: parliamentary panel

RBI has cut down on holidays to complete counting of the junked currency note.

13 July 2017 9:33 AM IST

RBI governor Urjit Patel

Urjit Patel fails to give specific number for demonetised notes...

In the meeting with the Parliamentary panel, the central bank chief faced a lot of questions regarding demonetisation.

12 July 2017 9:09 PM IST

Diners chose vegetables with indulgent labelling 25 per cent more than basic labelling. (Photo: Pixabay)

Retail inflation cools to 'historical low' of 1.54 per cent

Vegetables inflation declined to 16.53 and that of pulses and products to 21.92 per cent.

12 July 2017 7:31 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Consumer inflation at record low of 1.54 pc in June

Numbers even lower than RBI's medium term target; CPI was at 1.70 per cent in June.

12 July 2017 6:04 PM IST

RBI governor Urjit Patel

5 questions Urjit Patel has to answer on demonetisation

RBI governor has been summoned before a parliamnetary panel to answer questions about note ban.

12 July 2017 12:04 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

Costly services to push core inflation higher

RBI to grow more cautious about cutting interest rates.

12 July 2017 3:58 AM 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.

Govt to push Banking Regulation Bill in Monsoon Session

Govt also working on Banning of Unregulated Deposit Schemes and Protection of Depositors Interests Bill.

11 July 2017 4:55 PM IST

Former Reserve Bank of India Governor C Rangarajan

Bank merger should be need-based, says ex-RBI chief Rangarajan

On NPA resolution, C Rangarajan said, clean-up exercise has to be done and some 'haircut' is inevitable.

11 July 2017 4:54 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Inflation to cool in June to record-low, could prompt rate cut

Wholesale price inflation is expected to have slowed last month to 1.60 per cent from 2.17 per cent in May.

11 July 2017 2:05 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Banking ombudsman not liable to handle note-ban complaints: RBI

During demonetisation, people faced restrictions on withdrawal of currency notes and exchange of old notes.

9 July 2017 2:15 PM IST