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June 9, 2019 8:48 PM
India today pitched for promoting micro, small and medium enterprises, MSMEs in developing countries as they are important for employment and income generation. This was emphasised by Commerce and Industry Minister Piyush Goyal at a session on ''Promotion of Trade and Investment t...
June 9, 2019 7:52 PM
The world's top financial policymakers today admitted that intensifying trade tensions pose a risk for the global economy. The statement came after a meeting of Trade and Economy Ministers of G20 nations that laid bare differences between the United States and other nations. Following 30 ...
June 9, 2019 1:29 PM
Imports from Pakistan to India has declined by 92 per cent to 2.84 million US dollars in March this year after imposition of 200 per cent customs duties on all products following Pulwama terror attack. During January-March period of 2018-19 fiscal, the imports from Pakistan declined by 47 per cent t...
June 8, 2019 8:23 AM
The country's foreign exchange reserves increased by USD 1.875 billion to USD 421.867 billion in the week ending May 31. Reserve Bank weekly data released yesterday showed that foreign currency assets, which is a major component of the overall reserves, rose by USD 1.946 billion to USD 394....
June 8, 2019 8:08 AM
The industry body has welcomed the RBI decision of reducing the repo rate by 25 basis points to 5.75 per cent from six per cent. President of FICCI Sandip Somany said this rate cut will encourage banks to lower their lending rates for both retail and corporate credits. He said, reviving business con...
June 8, 2019 8:01 AM
June 7, 2019 8:56 PM
The Reserve Bank has issued a new framework for resolution of bad loans, offering a 30-day gap for stress recognition instead of the one-day default earlier. In a notification issued from Mumbai today, RBI has said that lenders will have complete discretion with regard to the design and implementati...
June 6, 2019 8:57 PM
The Reserve bank of India in its bi-monthly monetary policy review today reduced the repo rate by 25 basis points to 5.75 per cent from 6.0 per cent with immediate effect. Consequently, the reverse repo rate stands adjusted to 5.50 per cent, and the marginal standing facility rate and the Bank Rate ...
June 6, 2019 5:46 PM
IT Industry icon Azim Premji will retire as Executive Chairman of Wipro with effect from 30th July this year. He led the company for 53 years. The company said in a statement that he will continue to serve on the board as Non-Executive Director and founder Chairman. His son Rishad Premji, Chief Stra...
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Last Updated: 29th Apr 2026
