Oct 27, 2020-Tuesday

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Tuesday, Oct 27, 2020


Oct 23, 2020 20:51
The newly-appointed independent member of RBI’s rate-setting panel Shashanka Bhide said uncertainties relating to COVID-19 pandemic will impact growth and inflation scenarios in the next two to three quarters. read more
Oct 20, 2020 17:05
In a letter to PM Modi, Gehlot asked the PM to reconsider the amendments and restore the previous system wherein the state cooperative departments have regulatory control over cooperative banks. read more
Oct 16, 2020 23:11
This measure, according to the RBI, is expected to give a fillip to bank lending to the real estate sector which is critical for economic recovery, given its role in employment generation and the inter linkages with other industries read more
Oct 16, 2020 15:49
Jharkhand chief minister Hemant Soren accused the centre of deliberating pushing the state to the brink using agreements made during BJP government in the state. read more
Oct 16, 2020 11:37
Shorter-maturity bonds slid from the market open, with the five-year yield jumping as much as 12 basis points to 5.29%. The benchmark 10-year yield was up three basis points at 5.93% at 10:14 a.m. in Mumbai. read more
Oct 14, 2020 06:40
Bonds were primed for gains even before the RBI announcement as data showed a manufacturing index rose to highest in more than eight years, while goods and services revenues improved, spurring optimism govt may not increase its borrowing target further after a 54% hike in May. read more
Oct 12, 2020 22:26
The post-lockdown sequential recovery is flattening and inflation is gathering momentum. This raises questions on the recent optimism around economic recovery. read more
Oct 12, 2020 17:47
In August, the retail inflation, which is measured by the consumer price index (CPI), grew 6.69%. It was powered by an increase in the price of food as well as transport and mobile phone bills. read more
Oct 11, 2020 00:44
The banking regulator’s affidavit also highlighted the “proactive” steps taken by RBI in mitigating the economic impact of Covid-19 and the lockdown imposed to slow its spread. read more
Oct 10, 2020 17:50
The issue price for the SGB Scheme Series VI, which opened for subscription from August 31 to September 4, was Rs 5,117 per gram of gold. The SGB Scheme 2020-21 Series VIII will open for subscription from November 9 to November 13. read more
Oct 10, 2020 17:37
The court is set to rule on the matter on Tuesday. The ruling could have far-reaching consequences not only for millions of borrowers, but also for banks and the country, as state-run banks dominate the sector. read more
Oct 10, 2020 09:01
The RBI said that a long moratorium exceeding six months “can impact credit behaviour of borrowers”. read more
Oct 09, 2020 23:45
After contracting for six months in a row, India’s exports grew by 5.27 per cent year-on-year to $27.4 billion in September while trade deficit narrowed to a three-month low of $2.91 billion. read more
Oct 09, 2020 19:46
The Monetary Policy Committee (MPC) evaluated domestic and global macroeconomic and financial conditions and voted unanimously to leave the repo rate unchanged at 4 per cent read more
Oct 09, 2020 19:04
The country’s reserve position with the IMF was also up by $23 million to $4.631 billion during the reporting week, the data showed. read more