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Economy
RBI issues prompt corrective action framework for urban cooperative banks
The objective of the PCA Framework is to enable supervisory intervention at an appropriate time and require the UCBs to initiate and implement remedial measures in a timely manner, to restore their financial health.
12 hours ago
RBI issues prompt corrective action framework for urban cooperative banks
12 hours ago
Rising Chinese imports affecting domestic steel makers' margins, says Sajjan Jindal
The domestic steel demand increased 13.6% in FY24, outpacing economic growth.
16 hours ago
Rising Chinese imports affecting domestic steel makers' margins, says Sajjan Jindal
16 hours ago
India will tweak T-bill issuance, not bond sales, for cash management: Officials
Investors expect India's bond yield curve to steepen as the lower T-bill supply pushes short-term bond yields lower compared with long-term yields.
25 July 2024, 10:05 IST
India will tweak T-bill issuance, not bond sales, for cash management: Officials
25 July 2024, 10:05 IST
India considering lifting restrictions on some Chinese firms
Discussions are underway on whether to give exemptions to Chinese firms in hi-tech sectors like solar modules and critical minerals, the official said, asking not to be identified as the discussions are private.
25 July 2024, 03:06 IST
India considering lifting restrictions on some Chinese firms
25 July 2024, 03:06 IST
Union Budget 2024: 'Most property buyers, sellers to benefit from capital gains tax changes'
‘Substantial’ savings are expected for most taxpayers, top official says
24 July 2024, 18:54 IST
Union Budget 2024: 'Most property buyers, sellers to benefit from capital gains tax changes'
24 July 2024, 18:54 IST
Rupee falls 1 paisa to revisit all-time low of 83.70 against US dollar
Forex traders said the increase in capital gains tax and removal of indexation benefits announced in the FY25 Budget on Tuesday was the main reason for dollar buying as foreign investors sold stocks.
24 July 2024, 10:46 IST
Rupee falls 1 paisa to revisit all-time low of 83.70 against US dollar
24 July 2024, 10:46 IST
India's business growth at three-month high in July, PMI shows
The data reflected sustained growth in the private sector, which according to the government's first budget since the national election will get incentives to improve skills and spur employment.
24 July 2024, 07:36 IST
India's business growth at three-month high in July, PMI shows
24 July 2024, 07:36 IST
How useful is e-Shram portal for unorganised workers
In addition to offering access to social welfare benefits, the new e-Shram portal will provide a mechanism to connect job seekers with potential employers and skill providers.
23 July 2024, 13:31 IST
How useful is e-Shram portal for unorganised workers
23 July 2024, 13:31 IST
India's public finances remain a weakness for credit profile: Fitch
'Lowering of the deficit target to 4.9% from 5.1% of GDP is a clear signal of the government's commitment to deficit reduction,' Jeremy Zook, Director - Asia sovereign ratings at Fitch said.
23 July 2024, 13:26 IST
India's public finances remain a weakness for credit profile: Fitch
23 July 2024, 13:26 IST
India needs aggressive reduction in government debt, Moody's analyst says
Analyst also noted that India's farm and labour markets still need a certain degree of structural reform because of issues in the rural economy.
23 July 2024, 11:23 IST
India needs aggressive reduction in government debt, Moody's analyst says
23 July 2024, 11:23 IST
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