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Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

Forex reserves scale record high of USD 434.6 billion

The reserves surged by massive USD 5.022 billion to USD 433.594 billion for the week to September 27.

5 Oct 2019 10:43 AM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Loans to become cheaper after RBI cuts interest rate to a decade low

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

4 Oct 2019 4:11 PM IST

Reserve Bank of India (RBI)

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

4 Oct 2019 12:08 PM IST

Tech majors Tata Consultancy Services and Infosys Technologies will jointly open the fourth and final quarter of the financial year 2018-19 on April 12.

India's services sector activity contracts in Sep on weak demand: PMI

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

4 Oct 2019 11:54 AM IST

Reserve Bank of India

RBI likely to cut policy rate on Friday to boost economy

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.

3 Oct 2019 5:50 PM IST

Niti Aayog CEO Amitabh Kant

Many more structural reforms in offing to propel growth: Kant

I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog...

3 Oct 2019 3:43 PM IST

Godrej Group chairman Adi Godrej

Govt should provide more stimulus; lower income tax: Adi Godrej

The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group...

3 Oct 2019 1:10 PM IST

China warned on Tuesday it would never accept any form of blackmail after US president Donald Trump said his decision to withdraw from a nuclear pact with Russia was also linked to Beijings arsenal.(Photo: Representational | AFP)

Singapore Deputy PM warns of greater economic uncertainty due to US...

He asserted that monetary and fiscal policies can 'stabilise' the global economy but structural policies need to be...

3 Oct 2019 12:11 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Favourable conditions exist to achieve USD 5 trillion economy target:...

The WEF would further give government ideas in order to get moving forward.

3 Oct 2019 11:26 AM IST

Krishnamurthy Subramanian

Corporate tax cut is a signal to structural reforms: CEA

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

2 Oct 2019 6:36 PM IST

These chargers would facilitate electric car users to charge their cars (battery electric vehicles such as the Mahindra e2o, Nissan Leaf, etc) at any time safely and conveniently. The chargers can also monitor the car battery charging status and units consumed while charging a car.

India has potential to become one of the largest electric vehicles...

Considering the strong governmental push towards EVs, India has a huge potential to become one of the largest EV...

2 Oct 2019 6:20 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

India central bank set to cut rates again as fiscal measures fail to...

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

2 Oct 2019 2:41 PM IST