Page 2269 - Economy & Policy News

Need fresh look at NBFC supervision; norms soon on liquidity risk mgmt: Das

Das said that the RBI had reduced the period of the NBFC supervision to 12 months from 18 months earlier

Our bilateral efforts will benefit us and countries involved: Vijay Gokhale

I think our objective is that infrastructure development in our region benefits our economy and the economy of that country

India's containerized exports log 6% growth in January-March period

Imports, in the same period, dipped 2.2 per cent

Govt notifies extension of PM-KISAN benefits to all 14.5 crore farmers

The revised scheme envisages to cover two crore more farmers with an estimated expenditure of Rs 87,217.50 crore in the 2019-20 fiscal

AAI urges Adityanath govt to resolve issues delaying airport projects in UP

Currently, AAI is developing or upgrading airports in Ayodhya, Agra, Bareilly, Chitrakoot, Jhansi, Kanpur, Kushinagar, Meerut, etc

Delayed monsoon may slow down sowing of crops even if it gathers pace later

Monsoon showers reached Kerala on Saturday, after a week's delay

Govt amends 60-year-old rule to grant 3-month extension to cabinet secy

The cabinet secretariat is under the direct charge of the prime minister

African swine fever is killing our food, but here's why we must not panic

Whatever you hear about African swine fever and armyworm, we're still a long way from global shortages of crops and livestock

Govt may setup national institute for valuers on the lines of ICAI

Corporate Affairs Secretary Injeti Srinivas said now there is critical mass for having a national institute for valuers on the lines of the ICAI

No new tariffs: Trump's Mexico reprieve is good news for world economy

Central bank chiefs and finance ministers gathered in Fukuoka, Japan, for meetings of the Group of 20 were quick to welcome Trump's move

Defining a 'good' finance minister

Do you need to be an economist in order to be a good finance minister? Indeed, how do you tell a good finance minister from a bad one?

Govt looking to revive BOT model for road construction after 4-year gap

Getting back to BOT will see private investment coming in upfront and is expected to benefit the Centre as the exchequer will not have to pump in money in such projects

For India Inc, 30-day grace after loan default comes as a major relief

On February 12, 2018, the RBI had issued a circular under which banks were asked to initiate resolution or restructuring of loans of Rs 2,000 crore or more if there was a single day of default

Deloitte was aware of loan evergreening in IL&FS Financial Services: SFIO

SFIO report questions the inaction of the auditor, holds up emails showing knowledge of evergreening of cases; former Deloitte CEO rubbishes claims

RBI's move to introduce forex trading platform to hit fee income of banks

This may also take a toll on the operations of small-time money changers in the long term in case the platform is adopted directly by the customers

Individual bankruptcy: Draft rules propose mediation over litigation

For the first time in India, debtors and operational creditors will be able to trigger insolvency once the individual insolvency code is notified

RBI imposes Rs 2 crore penalty on Kotak Mahindra Bank

The RBI issued a show cause notice to the bank for failing to convey its course of action to achieve dilution of promoters' shareholding as per the timeline set by the regulator

Stressed power assets escape insolvency noose, but uncertainty remains

There are about 10 plants totalling 10 Gw, which are incomplete and are highly unlikely to find a buyer

Mumbai court admits SFIO complaint against IL&FS Financial Services

The court will take cognizance of the matter and issue notices to the accused named in the complaint. The matter has been posted for hearing on June 18

Uncertainty around India's economic policy at 27-month high in May

Index levels more than doubled over March. It rose from around 40.6 to 83.6 in May.