The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
Finance Minister Nirmala Sitharaman said on Saturday that several significant steps in structural reforms have been taken in the past few months and responses/interventions addressing the needs of the economy will continue, indicating more relief mea ...
Subdued consumption trend along with a massive contraction in manufacturing, agriculture and mining activities pulled India's GDP growth rate down to 4.5 per cent in the second quarter of 2019-20. ...
Amid a raging political debate on electoral bonds, an intervention application was filed on Friday by an NGO in the Supreme Court seeking stay on the Electoral Bond Scheme 2018, notified by the Centre on January 2, 2018. ...
Defending the electoral bonds scheme, former Finance Secretary Subhash Chandra Garg said that it is 70 to 90 per cent cleansing of the political donation system. ...
Enhanced public spending for infrastructure creation along with further reduction in lending rates and better transmission can accelerate India's GDP growth, economy watchers opined. ...
In a bid to help the NBFCs and real estate companies, the Centre is considering more relief measures for both stressed sectors. In the past few months the government has announced few measures to ease liquidity and the credit crunch in the economy. ...
Even as mutual funds have been impatient regarding their dues from crisis-hit DHFL, which will soon go the insolvency way, legal experts say that it is unlikely that the funds would be the first in the list of creditors to get back their dues. ...
In a bid to help the real estate companies access hurdle free funding without having the NPA tag and complete the unfinished projects, RBI is likely to consider proposals from finance ministry and Prime Minister's Office to let the banks take the dec ...
