Page 2460 - Economy & Policy News

RBI board meeting: It was like a classroom at times, says Sachin Chaturvedi

"There were heated discussions," said one of the board members

RBI to inject Rs 80 bn liquidity through purchase of g-secs on Nov 22

The OMO operation will help ease tight liquidity situation triggered by series of default by group companies of IL&FS

Online pharma sale can't be regulated till Centre makes rules: TN regulator

The counter affidavit was filed by the Director of Drugs Control in a petition filed by the TNCDA seeking an order against online sales of medicines through e-pharmacy websites

It's politics over economy in Congress manifestoes for MP & Chhattisgarh

With the party no longer a major player in UP and Bihar, it must win or improve vote share in MP and Chhattisgarh in order to challenge BJP in the 2019 Lok Sabha polls

Farming, industry may pull down GDP growth to 7.2-7.3% in Q2 of FY19

Lower growth rate anticipated after country clocks a nine-quarter high of 8.2 per cent rate in Q1 of 2018-19

Ultimate aim of ease of doing business reforms is to improve lives: PM Modi

In the World Bank's latest Ease of Doing Business ranks, India jumped 23 spots to 77. Last year, it had jumped 30 spots

CBDT member Akhilesh Ranjan likely to head new direct tax code panel

The old DTC panel was set up by the government in November last year to review the Income Tax Act and to draft a new direct tax law in consonance with economic needs of the country

Jharkhand govt declares 18 districts drought-hit, releases Rs 490-mn relief

The worst affected are Pakur and Koderma

RBI and govt signal truce on demand for transferring surplus reserves

A crucial meeting of the RBI's central board was held on Monday amid a rift between the central bank and the government over key issues

Sagarmala project a game-changer? Low tide for coastal shipping

Even as Pepsico tests India's river routes, Hyundai is rethinking its plans

PM Modi sets target of breaking into top 50 of ease of doing biz ranking

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014

Textile & apparel exports jump 38% in October on higher overseas demand

India's textile and apparel exports stood at Rs 203.53 billion for October 2018 as against Rs 147.79 billion in the corresponding month last year

Over Rs 110 bn invested in BharatNet, but functional internet still a dream

Less than 2.5 per cent of India's 250,000 village panchayats have commercial broadband connections

NSE launches online platform for retail investors to buy g-sec

The app will be available to all the registered investors with NSE's trading members

Bahrain likely to ink pact with ISRO for training, research on space tech

The agreement will be mainly for training purposes and both countries will cooperate on research and technology

India to build projects worth Rs 250 bn along China border in AP, Sikkim

The final blueprint envisages construction of 19 roads, 29 permanent integrated buildings and other critical infrastructure along the Indo-China border in Arunachal and Sikkim

IDBI Bank and 10 other banks under PCA near asset quality stability

The net interest income has shrunk sequentially since their loan book is growing at a slow pace or contracting in some cases

RBI board meeting today; PCA, NBFCs, economic capital framework in focus

In the first fortnight of November, NBFCs were able to issue CPs worth Rs 1.03 trillion as against debt of Rs 726.8 billion that was set to mature during this period

2 yrs after demonetisation, cash still king at petrol pumps, rail stations

Digital transactions have seen a minor increase even after government's push

Govt wants to 'capture' RBI to control its Rs 9-trn reserves: Chidambaram

In a series of tweets, the former finance minister also claimed that the government and RBI was heading towards a "confrontation" in the Monday's board meeting of the bank