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Economy

Forex swap for liquidity has been received well, says RBI Governor

March 20, 2019March 20, 2019 - by Abdul

The Reserve Bank of India’s Governor has said that the market response to the foreign exchange swap arrangement announced by RBI has been received well. Recently,RBI has decided to inject …

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Economy

Anti profiteering body can act sans complaints

March 19, 2019March 19, 2019 - by Abdul

National Anti-Profiteering Authority (NAA) chairman has said that Consumer complaints are not the only reason for the authority to act.NAA offices can take with the help of mock purchases to …

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Economy

RBI says there is no change of stance on February 12 circular

March 17, 2019March 18, 2019 - by Abdul

The Reserve Bank of India has clarified that there is no change in its stand with regard to February 12 circular on stressed assets recognition and resolution. In February 2018,RBI …

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Economy

SBI launches cardless ATM withdrawals

March 16, 2019March 18, 2019 - by Abdul

State Bank of India (SBI) has launched YONO Cash app using which customers can withdraw money from ATMs without using a card.It is a part of SBI’s digital banking platform,You …

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Economy

Post fund infusion, ICRA revises rating for 6 PSBs

March 16, 2019March 16, 2019 - by Abdul

Credit Rating agency,ICRA has revised the outlook of six public sector banks,of which five are positive revisions.The ratings were revised after the capital infusion in these banks by the government. …

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Economy

Exports rise 2.44%; trade deficit narrows

March 16, 2019 - by Abdul

According to data released by the Ministry of Commerce,India’s trade deficit has reduced by $9.6 billion in February,2019.The country’s exports grew by 2.44% while imports declined by 5.4%. The exports …

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Economy

Indirect tax collection may fall short, says Garg

March 16, 2019March 16, 2019 - by Abdul

The Central government has said that it may fall short of the Goods and Services tax(GST) target this financial year.However,government is confident of reaching its direct tax collection target for …

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Economy / National

‘Grounding to cost airlines $4 bn.’

March 15, 2019 - by Sayoni

Frost & Sullivan, a consulting firm, has projected that grounding of Boeing 737 MAX 8 planes worldwide, could cost airlines a loss of $4 billion. A large number of countries …

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Economy

Enforce ban on surrogate liquor ads, HC tells UP

March 15, 2019 - by Sayoni

The Allahabad High court has ordered the Uttar Pradesh government and its Excise Department to enforce the ban on surrogate advertisement of liquor on TV and in cinema halls, newspapers …

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Economy

Wholesale price inflation quickens to 2.93% in February

March 15, 2019 - by Sayoni

The Wholesale price inflation has increased to 2.93% in February. The rise has been attributed to high food and fuel prices. Wholesale Price Inflation tracks changes in the price of …

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