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RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while setting risk weights

10 Oct 2020 5:43 PM

RBI keeps key rates unchanged; signals more easing to protect India's economy

The six-member Monetary Policy Committee voted unanimously to retain the benchmark repo rate at 4 per cent

09 Oct 2020 2:09 PM

Centre's interest waiver policy is manageable, say analysts

State Bank of India’s new chairman Dinesh Khara in his first press interaction refused to comment on the issue as the matter is subjudice.

08 Oct 2020 5:24 PM

Lockdown impact: GDP likely to contract by 9.6 per cent this year, says World Bank

However, the World Bank said that the response of the government of India to the COVID-19 outbreak was swift and comprehensive.

08 Oct 2020 3:02 PM

India's domestic air passenger traffic improves in September

The Civil Aviation ministry had permitted domestic flights to resume their operations from May 25 with one-third capacity

06 Oct 2020 1:22 PM

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Centre allows Andhra Pradesh and Uttar Pradesh to borrow Rs 7,106 crore

Centre had allowed states an additional borrowing limit of up to two per cent of Gross State Domestic Product for 2020-21

03 Oct 2020 7:31 PM

India third largest job provider in renewable energy sector after China, Brazil

Solar photovoltaic segment provides the largest number of both direct and indirect jobs in India

03 Oct 2020 7:13 PM

Relief for MSMEs: Centre waives off compound interest on loans during pandemic

Any individual/entity whose loan amount is more than Rs 2 crore will not be eligible for waiver of the compounding of interest.

03 Oct 2020 2:52 PM

Engineering exports once gain down in August after growth in July

Subdued industrial activity is still pulling down shipment of value-added products

28 Sep 2020 7:54 PM

Chinese FDI has been coming down in 3 years

The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.

16 Sep 2020 8:46 PM

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Home prices across India fall 2.3 per cent in six months

As on Q2 2020, prices declined by 1.9 per cent for the 12-month period

16 Sep 2020 6:48 PM

RBI governor Shaktikant Das: Indian economy will recovery gradually

Indian economy contracted 23.9 per cent in the first quarter of the current financial year

16 Sep 2020 1:11 PM

NBFCs witness 15-20 per cent improvement in retail lending in last 2 months

Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath committee recommendation

10 Sep 2020 10:50 AM

Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams move

The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money

08 Sep 2020 2:38 PM

RBI rides to rescue, unveils steps to cool rising bond yields

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

01 Sep 2020 12:28 PM

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Finally, it falls to the farmer to rescue salvage India's parlous GDP

Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India

01 Sep 2020 9:56 AM

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

31 Aug 2020 5:12 PM

GDP to contract by 18.3% as economy set for weakest quarterly growth in eight years

Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively

31 Aug 2020 9:14 AM

Centre writes to states on options of borrowing money to meet GST revenue shortfall

Compensation payment has been an issue since August 2019 with GST collections faltering. I

29 Aug 2020 7:59 PM

Pandemic gives fillip to demand for cereals; 200 per cent increase in exports in July

Cereals have witnessed increased demand from African countries and the Gulf region during the lock-down.

29 Aug 2020 1:18 PM

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