For the third time in a row, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today slashed interest rates by 25 basis points, as was widely expected. The MPC consisted... Read more »
India Ratings and Research believes a rate cut, which is almost certain, in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near term due to... Read more »
In a bid to tackle the liquidity crisis, the RBI has cut rates by 25 basis points. This move comes a month prior to the 2019 Budget presented by the Modi’s government... Read more »
The corporate performance for the March quarter of FY19 has improved on a quarterly basis as compared to last year, said CARE Ratings in its research report. The rating agency said that... Read more »
India Inc’s business confidence has fallen 9.1% to 115.4 points in quarter four (Q4) of the financial year (FY) 2018-19, as per a survey by the National Council of Applied Economic Research... Read more »
A full-year budget will be presented by the Finance Minister Nirmala Sitharaman, on July 5. Finance ministry has said that it would use the interim budget allocations made to ministries and departments,... Read more »
India is all set to grow by 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The Bank in its Global... Read more »
The country’s largest lender SBI has aims to grow 10-12 percent in the current financial year, with green shoots of revival in credit demand and better recoveries of loans. In the latter... Read more »
Markets regulator Sebi on Tuesday banned a total of 12 entities for 4 years from the securities market for tweaking share price of Ram Minerals and Chemicals Ltd. “These 12 entities matched... Read more »
Around 6,800 cases of bank have been caught in a whopping Rs 71,500 crore fraud in 2018-19, the Reserve Bank of India has said. A total of 5,916 such cases were recorded... Read more »