Mumbai: Faced with bulging deficit and a need to increase investments, the Maharashtra government has sought suggestions from finance experts, industry bodies, bureaucrats and other stakeholders for preparing the upcoming state budget for the next
New Delhi: The Reserve Bank of India has released the names of applicants of small finance banks and payment banks. The RBI received 72 applications for small finance banks and 41 applications for payments banks.The
Mumbai: A day after keeping interest rates unchanged, RBI governor Raghuram Rajan on Wednesday said inflation is still a concern for the central bank and the monetary policy continues being "conventional"."We still have concerns over
New Delhi: Prime Minister Narendra Modi said his priority was that India should establish global benchmarks in areas such as governance, transparency and taxation, yesterday.Interacting with participants of the BlackRock India Investor Summit over dinner,
New Delhi: Prime Minister Narendra Modi Tuesday said his priority was for India to establish global benchmarks in areas such as governance, transparency and taxation.Interacting over dinner with participants of the BlackRock India Investor Summit,
New Delhi: Ahead of Delhi polls this Sunday, petrol price was cut today by Rs 2.42 per litre and diesel by Rs 2.25 a litre in step with fall in international oil prices.Petrol in Delhi
Mumbai: Awaiting cues from the Budget, RBI Governor Raghuram Rajan today left interest rate unchanged saying there was no case for a reduction now and hoped banks will pass on the benefit to consumers from
New Delhi: In the first meeting of NITI Aayog on Friday, Prime Minister Narendra Modi will interact with eminent economists and experts across sectors along with the existing members of the newly constituted body. "The meeting
New Delhi: Encouraged by foreign exchange reserves touching record levels, the Reserve Bank today doubled the annual overseas investment ceiling for individuals to $250,000."On a review of the external sector outlook and as a further
New Delhi: As expected, the Reserve Bank of India has kept the repo rate (the interest rate at which it lends short-term funds to banks) unchanged at 7.75 per cent.However, the RBI has slashed statutory
New Delhi: The Reserve Bank of India (RBI), which last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months, is scheduled to undertake its sixth
New Delhi: The new methodology to calculate the gross domestic product (GDP) will indeed boost India's economy in current fiscal.The Narendra Modi government's last week decision to change the base year, from 2004-05 to 2011-12,
New Delhi: Eight core industries such as coal, electricity, crude oil, cement and steel grew at 2.4 per cent in December, compared to four percent in the same month last year, official data showed on
New Delhi: Big corporate houses including RIL, Aditya Birla Group, Airtel and Future Group have joined the race for payment bank licence while a number of entities have also applied for setting up small finance
New Delhi: Growth in eight core industries slowed to three-month low of 2.4 per cent in December last year, adding to clamour for a rate cut by RBI tomorrow. Negative growth in crude oil, natural
New Delhi: Jet fuel (ATF) price was today cut by a steep 11.3 per cent and now costs less than diesel.Last month, its rate had fallen below the price at which petrol is sold.While petrol
New Delhi/Mumbai: The RBI may cut its policy rate further by 0.25 per cent this week to boost growth, as inflation remains under control and fiscal situation appears better following a record CIL disinvestment.RBI, which
Mumbai: The country's largest lender, SBI has said that public sector banks should be given an opportunity to tap the best talent from premier institutes like IITs and IIMs."The public money goes into formation of
New Delhi: Retired government employees who missed out on their promotions due to late meetings of the committees deciding on such departmental elevations will now be able to avail its post-retirement benefits. “Instructions have been
New Delhi: Children are God's greatest gift as they hold that magical power in their smile! All parents strive hard to give their child as best as they can – be it clothing, food, primary
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