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Enough currency with RBI to last beyond Dec 30: Jaitley

The Economist India Summit New Delhi : The Reserve Bank was fully prepared to deal with currency shortages post demonetisation and has enough currency in its chests to last “far beyond” December 30, Finance [...]

December 20th, 2016 | Posted in Highlights,Nation,Topnews | Read More »

Demonetisation:PAC to call RBI Guv in Jan to review eco impact

Security at Parliament's winter sessionNew Delhi : Public Accounts Committee (PAC) today decided to call RBI Governor and top Finance Ministry officials next month to review the economic situation following the demonetisation of high [...]

December 1st, 2016 | Posted in Highlights,Nation,Topnews | Read More »

Cash limits eased for farmers, marriages; halved for exchange

Shaktikanta DasNew Delhi : With the shock demonetisation move in the middle of marriage and sowing seasons causing hardships, the government today eased restrictions on cash withdrawal by farmers and families [...]

November 17th, 2016 | Posted in Highlights,Nation,Topnews | Read More »

Indelible ink to check syndicates: Govt on currency woes

Secretary, Department of Economic Affairs,  Shaktikanta Das  addresses media     New Delhi : Grappling with unending queues and frayed tempers in banks and to check operation of syndicates, government today decided to introduce a system of marking customers [...]

November 15th, 2016 | Posted in Highlights,Nation,Topnews | Read More »

Panic attack: Sensex tanks 465 pts after ‘surgical strikes’

BSEMumbai : Geopolitical tension got the better of the market as the Sensex plunged over 465 points — the biggest single-day fall in 3 months — after India carried out [...]

September 29th, 2016 | Posted in Business,Highlights,Topnews | Read More »

G20 summit to focus on steps to boost economic growth, trade

Secretary, Department of Economic Affairs,  Shaktikanta Das  addresses media          Hangzhou : Global economic slowdown, raising protectionism, structural reforms to expand global trade and creation of jobs, innovation, inclusive growth and climate finance are the key [...]

September 3rd, 2016 | Posted in Highlights,Topnews,World | Read More »

Govt, RBI seek to soothe wracked investor nerves after Brexit

Stock brokers in front of screen outside the BSENew Delhi : Seeking to calm turbulent markets following Brexit, government and RBI today said India’s sound macro economic fundamentals backed by planned structural reforms and firewalls will help it [...]

June 24th, 2016 | Posted in Business,Highlights,Topnews | Read More »

Brexit to offer better market access to India: SBI chief

Arundhati-Bhattacharya-2     Mumbai : Brexit will provide the country better market access to the EU and England, even as there will be some market volatility, State Bank of India Chairperson [...]

June 24th, 2016 | Posted in Business,Highlights | Read More »

RBI maintains status quo, cautions against inflation

RBI     Mumbai : Reserve Bank Governor Raghuram Rajan today left borrowing costs unchanged but signalled a prospect of interest rate cut later this year if strong monsoon rains dampen [...]

June 7th, 2016 | Posted in Business,Highlights,Topnews | Read More »

Home, auto loans to become cheaper as RBI cuts rate by 0.25%

RBI     Mumbai : Home, auto and other loans are set to become cheaper with RBI today reducing the short-term lending rate by 0.25 per cent to over 5-year low [...]

April 5th, 2016 | Posted in Business,Highlights,Topnews | Read More »