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The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Business

SBI economists slam 'intelligentsia' for 'misunderstanding' RBI...

The Rs 52,000-crore surplus payout is much lower than the estimates, the economists said.

29 Aug 2019 9:31 AM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Business

Rate cuts not enough to re-fire damp India housing market: Report

Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance...

28 Aug 2019 12:03 PM IST

The H-1B visa legislation in the US, increasing automation, and the fallout of demonetisation have all created considerable impact on hiring by companies.

Business

Economic slowdown: Online hiring slips 5 pc in Jan-June period

Year-on-year basis the online hiring demand witnessed 16 per cent growth H1 2019 compared to H1 2018.

28 Aug 2019 9:20 AM IST

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

Business

Windfall from RBI to give govt ammunition to fight slowdown, boost...

The finance ministry has so far not detailed the blueprint of using the surplus from the RBI.

27 Aug 2019 2:25 PM IST

According to Jairam Ramesh, in 2003 the Chief Minister of Gujarat, now the Prime Minister had come to Planning Commission (now Niti Aayog) and faced uncomfortable questions on the state of health, education and social development in the state. (Photo: RSTV)

India

'Fiscal breathing space but at what and whose cost?' asks Jairam...

His tweet comes a day after RBI took the decision in line with the recommendations of the Bimal Jalan Committee.

27 Aug 2019 1:20 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Business

Indian economy set for weakest quarter of growth in five years: report

The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.

27 Aug 2019 11:07 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Business

India's GDP to grow at 6 per cent in Apr-Jun: survey

The country's economy grew at 8.2 per cent in April-June 2018-19.

26 Aug 2019 3:46 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Business

FM likely to announce more support measures for economy: DBS

The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.

26 Aug 2019 2:54 PM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Business

Get ready to face macro headwinds

Here are some steps to fortify yourself before you experience ripple effect of slow economy.

26 Aug 2019 1:15 AM IST

$\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)$ Business

Stimulus package will boost growth and stabilise economy: CII

CII said the measures announced come at a time when the world economy is buffeted by global headwinds and trade...

25 Aug 2019 4:43 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Business

Announcements made by FM are major enablers to support growth: SBI...

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 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)

Business

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM IST