Earlier, the limit for foreign portfolio investors (FPIs) was about Rs 1,87,700 crore.
04 Oct 2017 8:51 PM
Singh said economic reforms should be above all the process of opening of new opportunities for people born without privileges.
04 Oct 2017 8:37 PM
The Reserve Bank of India also permitted co-operative banks to open current accounts.
04 Oct 2017 8:26 PM
Petrol price rose by Rs 7.8 since early July to reach over three-year high of Rs 70.88 a litre in Delhi.
04 Oct 2017 8:16 PM
He went on to say that after demonetisation, the cash to GDP ratio came down to 9 percent, from 12 per cent in November 8, 2016.
04 Oct 2017 7:51 PM
The ministry, however, welcomed the initiative with regard to Peer to Peer (P2P) NBFC financing regulation.
04 Oct 2017 7:05 PM
New norms will facilitate process of investment and hedging by Foreign Portfolio Investors.
04 Oct 2017 6:41 PM
Jet Airways CEO Vinay Dube said there there was a demand from people of Bengaluru for direct connectivity to Europe.
04 Oct 2017 6:39 PM
Industry argues rate cut would have propelled demand as interest rates remain unduly high.
04 Oct 2017 6:14 PM
Such a mechanism will provide transparency while enhancing competition and lead to better pricing for customers, it said.
04 Oct 2017 5:38 PM
Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.
04 Oct 2017 5:27 PM
He also went on to say that states are the ultimate beneficiaries of tax collection on petrol and diesel.
04 Oct 2017 5:24 PM
The Reserve Bank of India Governor Urjit Patel on Wednesday also kpet the repo rate unchanged at 6 per cent.
04 Oct 2017 4:44 PM
The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.
04 Oct 2017 4:24 PM
RBI forecast economic growth to slow to 6.7 per cent in current fiscal, from 7.3 per cent projected earlier.
04 Oct 2017 4:11 PM
Despite a slowing economic growth, RBI on Wednesday kept the repo rate unchanged at 6 per cent.
04 Oct 2017 3:53 PM
The RBI said it would reduce banks’ statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting October 14.
04 Oct 2017 3:37 PM
RBI is mandated to keep the headline inflation, which accelerated to 3.36 per cent for August, in the 4-6 per cent band.
04 Oct 2017 3:04 PM
This was fourth bi-monthly policy review of 2017-18 by RBI's Monetary Policy Committee.
04 Oct 2017 2:40 PM
On petrol, excise has been cut to Rs 19.48 per litre from Rs 21.48 per litre and on diesel to Rs 15.33 a litre from Rs 17.33 previously.
04 Oct 2017 2:04 PM