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June 6, 2018 9:21 AM
The Reserve Bank of India (RBI) will announce its second bi-monthly Monetary Policy of 2018-19 this afternoon. The Monetary Policy Committee, headed by RBI Governor Urjit Patel, began its meeting in Mumbai on Monday, and it will meet today as well before the policy will be announced. This is the fir...
June 4, 2018 7:22 PM
June 4, 2018 3:37 PM
Mahesh Kumar Jain has been appointed as Deputy Governor of the Reserve Bank of India for a term of three years. Presently, he is the Managing Director and CEO of IDBI Bank. Before his role in IDBI, Jain was the Managing Director and Chief Executive Officer of Indian Bank.
June 1, 2018 8:06 AM
Interim Finance Minister Piyush Goyal said, GDP growth has been increasing continuously every quarter with growth of 7.7 percent in the fourth quarter of 2017-18. In a tweet, Mr Goyal said, this shows that the economy is on the right track and set for even higher growth in the future. He emphasized ...
May 31, 2018 9:25 PM
BSE Sensex and Nifty open on a flat note ahead of RBI policy meet outcome. The BSE Sensex opened 51.86 points or 0.15% up at 34955. Nifty was also up 13 points or 0.12% at 10606 in the early trade today. At the foreign exchange market, the rupee strengthened by 11 paise to 67 rupees 3 paise again...
May 25, 2018 9:48 AM
E-Way Bill system for intra-State movement of goods will be implemented in seven more states and Union Territories from today. The States are Maharashtra, Manipur, Chandigarh, Andaman and Nicobar Islands, Dadra and Nagar Haveli, Daman and Diu and Lakshadweep. With this, the number of States, where t...
May 22, 2018 7:29 AM
The finance ministry has tied up with 40 entities including Flipkart, Swiggy, Patanjali and Amul, which are big job creators, for extending loans to small entrepreneurs under the Mudra scheme. Financial Services Secretary Rajiv Kumar told PTI that in order to identify people who can be given funds u...
May 16, 2018 8:17 AM
Petrol and diesel prices have been increased. Cost of petrol has been raised by 17 paise a litre and diesel by 21 paise per litre in Delhi . Fuel prices were last hiked 19 days ago. With this, diesel prices touched an all-time high of 66 rupees 14 paise in the national capital. Petrol prices too hi...
May 9, 2018 1:34 PM
The International Monetary Fund, IMF reaffirmed today that India will be the fastest-growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive. The IMF's Asia and Pacific Regional Economic Outlook repor...
May 9, 2018 11:16 AM
The Asian Development Bank (ADB) has said, India's projected GDP growth of over 7 percent for the current fiscal is amazingly fast and if this momentum is maintained, the size of the economy can double within a decade. In an interview with news agency PTI, ADB Chief Economist Yasuyuki Sawa...
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