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Reserve Bank of India (RBI)

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

7 Aug 2019 1:46 PM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.

India services activity reverses course, surges in July: PMI

The IHS Markit Services Purchasing Managers' Index rose to a one year high of 53.8 in July, up from 49.6 in June.

5 Aug 2019 11:03 AM IST

India has been the worlds fastest growing major economy over the past two years.

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion...

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

5 Aug 2019 9:33 AM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

RSS' economic wing says India unlikely to accept China-led trade deal

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and...

3 Aug 2019 12:06 PM IST

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

India seen set for fourth interest rate cut of 2019

Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.

2 Aug 2019 4:19 PM IST

A total of eight out of 23 industry groups in the manufacturing sector grew in July 2017 compared to the corresponding month last year.

India manufacturing sector growth inches up in July on new orders: PMI

This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

1 Aug 2019 11:44 AM IST

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)

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since...

29 Sept 2019 4:33 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sept 2019 11:00 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Economic growth to improve in second half of fiscal 2020: Sitharaman

India's economic growth in April-June fell to a six year low of 5 per cent.

27 Sept 2019 10:08 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers...

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sept 2019 10:31 PM IST

Deepak Parekh of HDFC.

All macros favouring India, companies should pass on tax cuts to...

Our tax rates have become very competitive with government's move to lower corporate tax rates, said banker Deepak...

26 Sept 2019 5:17 PM IST

Govt to take call on relief in income tax at appropriate time: Thakur

There has been a clamour for raising income tax exemption limit to push demand and consumption to boost economy.

26 Sept 2019 3:36 PM IST