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Other risks for the Indian economy stem from the government turning more populist ahead of 2019 polls and a sharper-than-expected domestic growth slowdown, which in turn will trigger equity outflows, Nomura added.

Investors lose Rs 2.22 lakh cr as equities plunge

Tracking weak sentiment in broader market, m-cap of BSE-listed companies tumbled Rs 2,22,304.65 crore to Rs...

6 Jun 2019 7:35 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Repo rate cut to boost housing demand if banks pass on benefit to...

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

6 Jun 2019 6:06 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Bankers, finance players hail RBI repo rate cut, hope consumer demand...

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

6 Jun 2019 4:41 PM IST

Economic Affairs Secretary Shaktikanta Das

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.

6 Jun 2019 3:36 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL default: RBI to enusre financial stability

DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.

6 Jun 2019 1:18 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

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.

6 Jun 2019 12:41 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

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

6 Jun 2019 12:29 PM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)

Cheque payments refuse to go in a hurry here

India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.

6 Jun 2019 12:55 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank retains projections for India's economic growth at 7.5 per...

In its Global Economic Prospects report, the World Bank also said growth rate is expected to remain the same for the...

5 Jun 2019 9:02 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI likely to cut key rate 0.35 per cent tomorrow

Since governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 per cent...

5 Jun 2019 6:25 AM IST

Reserve Bank of India (RBI)

RBI enters top-10 list in gold reserves

Data published by the World Gold Council shows the RBI bought 12.1 tonnes of gold from the open market from January this...

5 Jun 2019 2:51 AM IST

Reserve Bank of India (RBI)

Batliboi barred from auditing banks

The central bank added that the action taken in the matter has been communicated to the Institute of Chartered...

4 Jun 2019 2:18 AM IST