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Shaktikanta Das

Experience more relevant than what you learnt 35-40 years ago: RBI Gov...

RBI Gov Shaktikanta Das was responding to a question whether his academic qualification weighed him down as the...

22 Sept 2019 6:43 PM IST

Govt doing everything possible to bring India back on high growth...

We need to think what kind of innovation we need to undertake to attain a high growth, said Niti Aayog CEO Amitabh Kant.

18 Sept 2019 6:16 PM IST

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand...

18 Sept 2019 12:42 PM IST

Economic Affairs Secretary Shaktikanta Das

5 pc Q1 growth surprise; economy will look up with measures taken: RBI...

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sept 2019 7:28 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Retail inflation inches up to 10-month high of 3.21 pc in August

However, retail inflation is still within the Reserve Bank's target range, thus keeping hopes of another rate cut alive.

12 Sept 2019 7:18 PM IST

Union Railways Minister Piyush Goyal (Photo: File)

Govt to release norms for foreign exchange loans to exporters at...

The programme will make foreign exchange credit available to exporters at competitive rates, said Commerce Minister...

12 Sept 2019 2:24 PM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

RBI mandate on floating rate benchmark rates is credit negative for...

This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's...

10 Sept 2019 2:12 PM IST

Finance Minister Nirmala Sitharaman (Photo: File)

In times of economic anxiety, old is gold indeed

Madame Sitharaman, it is time to rejig outdated rules and challenge Budget traditions.

7 Sept 2019 12:16 AM IST

Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is 25 per cent of the addressable market, KPMG India national head (Financial Services) Gayathri Parthasarathy said in the report. (Photo: Representational)

HFCs take a beating after RBI's repo diktat

Banks are grappling with high deposit costs and are also burdened with about $150 billion in stressed assets.

6 Sept 2019 1:42 AM IST

Defence Minister Nirmala Sitharaman noted that the commencement of the delivery of Rafale jets has not begun. (Photo: PTI)

PMO likely to take call on use of RBI funds

PMO's intervention seems more likely after the FM said recently that the government was yet to decide how to utilise Rs...

1 Sept 2019 1:20 AM IST

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photo

Edit | India's economic recovery is contingent on curbing COVID-19

A full recovery in the economy, therefore, would be incumbent on how fast the world defeats the coronavirus.

12 Oct 2020 6:40 PM IST

Outside view of Lakshmi Vilas Bank, in Mumbai, Wednesday, Nov 18, 2020. Shares of Lakshmi Vilas Bank (LVB) plunged as much as 20 per cent -- lower circuit -- on Wednesday after the Reserve Bank of India (RBI) imposed a 30-day moratorium on the cash-strapped lender, restricting cash withdrawals at Rs 25,000 per month. (PTI Photo)

Lakshmi Vilas Bank shareholders to get nothing after merger with DBS...

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM IST