NITI Aayog Vice-Chairman projects the prospects of Indian economy growing to 8-trillion US Dollar within next 15 years

NITI Aayog Vice-Chairman Arvind Panagariya has exuded confidence that India could be an 8-trillion US Dollar economy with in next 15 years or even less if it continues with growth-enabling policies. Mr Panagariya said this while delivering the 6th RK Talwar Memorial Lecture on 'Growth, Pove...

BSE provides enhanced module for NBFC pledged shares reporting

The Bombay Stock Exchange (BSE) has launched an enhanced online system for Non-banking Financial Companies (NBFCs) to report data on pledged securities on a quarterly basis. According to a statement issued by the BSE, the online platform for pledged data reporting is in line with Reserve Bank of Ind...

Oil prices down in Asia on strong dollar

Oil prices declined in Asia today on a stronger dollar. US benchmark West Texas Intermediate for August delivery fell seven cents to USD 50.82 and Brent crude for September dipped five cents to USD 57.05 a barrel in late-morning trade. The United States dollar held broad gains in Asia today as inves...

Oil prices down in Asia on strong dollar

Oil prices declined in Asia today on a stronger dollar. US benchmark West Texas Intermediate for August delivery fell seven cents to USD 50.82 and Brent crude for September dipped five cents to USD 57.05 a barrel in late-morning trade. The United States dollar held broad gains in Asia today as inves...

NITI Aayog Vice-Chairman projects the prospects of Indian economy growing to 8-trillion US Dollar within next 15 years

NITI Aayog Vice-Chairman Arvind Panagariya has exuded confidence that India could be an 8-trillion US Dollar economy with in next 15 years or even less if it continues with growth-enabling policies. Mr Panagariya said this while delivering the 6th RK Talwar Memorial Lecture on 'Growth, Pove...

ARTFED to set up 10 yarn banks across 10 districts of Assam under a central scheme by September

Assam Apex Weavers & Artisans Co-operative Federation Ltd (ARTFED) will set up 10 yarn banks across 10 districts of the state under a central scheme by September.

Five emerging economies including India and Brazil are showing fewer signs of vulnerability to US Federal Reserve's rate hike: Fitch

Global ratings agency Fitch has said that five emerging economies including India and Brazil are showing fewer signs of vulnerability to US Federal Reserve's rate hike. In a report released in New Delhi Friday, Fitch said large emerging markets - Brazil, India, Indonesia, Turkey and South A...

India's forex reserves down by $156.9 mn to $354.360 bn

Govt to announce interest subvention scheme for exporters

Government will soon announce interest subvention scheme for exporters. Commerce and Industry Minister Nirmala Sitharaman said at a function in New Delhi today that the scheme will give encouragement to sectors that have high potential. She said exports are largely suffering because international de...

Govt committed to support all public sector banks: Jayant Sinha

Minister of state for Finance Jayant Sinha today said the government is committed to support all public sector banks. Addressing a conference of chief vigilance officers of public sector banks and financial institutions, Mr Sinha said government will ensure public sector banks have sufficient capita...