Global rating agency Fitch Ratings on Thursday kept India’s sovereign rating unchanged at the lowest investment grade of ‘BBB-’ with a stable outlook. This is the 13th year in... Read more »
The Monetary Policy Committee (MPC) held its first bi-monthly policy statement meeting today. The meeting discussed various current and impending macroeconomics situations. The committee decided to reduce the policy repo rate... Read more »
The Supreme Court (SC) on Tuesday repealed the RBI’s 12 February circular, which laid down rules for recognising one-day defaults by large corporates and initiating insolvency action as... Read more »
Last year, the government announced that the PAN has to be linked with the biometric ID by March 31. As per an official statement, the government on Sunday extended... Read more »
The Reserve Bank of India (RBI) is looking to cut key lending rates by another 25 basis points on Thursday to boost economic activities amid fears of global slowdown... Read more »
Congress President Rahul Gandhi on Thursday said new ventures will not require any regulatory permissions for three years and will get easy access to bank credit if his party... Read more »
Five state-owned banks, including PNB, Bank of Baroda and Union Bank, Thursday received shareholders’ approval for capital infusion of Rs 21,428 crore in lieu of preferential allotment of shares... Read more »
Former Reserve Bank of India (RBI) governor Raghuram Rajan on Wednesday questioned the ‘minimum government and maximum governance’ promise of the Narendra Modi regime, saying the state has gained more power... Read more »
Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic activity, benign inflation and soft global growth,... Read more »
Prime Minister Narendra Modi, addressing the nation on Wednesday said that India has attained anti-satellite capability, becoming the fourth such country in the world. He said that the mission... Read more »