Oct 21, 2020-Wednesday

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Wednesday, Oct 21, 2020


Sep 08, 2020 04:03
In its report, the five-member panel led by K.V. Kamath identified five financial parameters to gauge the health of sectors facing difficulties. read more
Sep 01, 2020 07:36
Only four companies—REC Ltd, UPL Ltd, Adani Ports and Vedanta Resources—have tapped the dollar bond market after March when Covid-19 upended markets. read more
Sep 01, 2020 03:44
PMI for services showed a flattening in July. It improved marginally to 34.2 from its value of 33.7 in June. read more
Aug 31, 2020 20:03
The auctions will be conducted on September 10 and 17, the central bank said on Monday adding it remains committed to conduct further such operations as warranted by market conditions. read more
Aug 31, 2020 16:25
The RBI will also conduct term repo operations for an aggregate amount of ₹100,000 crores at floating rates in the middle of September to assuage pressures on the market on account of advance tax outflows. read more
Aug 31, 2020 06:02
​Even before the pandemic struck, Asia’s third-largest economy was in the midst of a slowdown as a crisis in the shadow bank sector hurt new loans and took a toll on consumption, which accounts for some 60% of India’s GDP. read more
Aug 30, 2020 23:15
Mitra also said huge debt was being thrust on states in the name of an “Act of God” — a reference to the phrase used by Union finance minister Nirmala Sitharaman to describe the Covid-19 pandemic that she said had hit GST collections. read more
Aug 29, 2020 04:09
While an extension was under active consideration, RBI decided against it as it was concerned about changes in credit behaviour it could induce among borrowers and increase the risk of loan defaults. read more
Aug 28, 2020 06:09
The Supreme Court invalidated a Reserve Bank of India (RBI) ban on crypto payments on March 5, allowing banks to do business with crypto exchanges. read more
Aug 27, 2020 14:55
At the interbank forex market, Rupee opened at 74.30, unchanged from its previous closing, but gained ground and finally ended at 73.82 against the greenback, higher by 48 paise over its previous close. read more
Aug 27, 2020 11:18
Earlier this month, the RBI had approved the transfer of Rs 57,128 crore as surplus to the central government for the accounting year 2019-20. read more
Aug 25, 2020 16:12
The number of Rs 2,000 notes peaked at 3.36 billion units (or pieces) in 2017-18. This number dropped to 3.29 billion in 2018-19. It has fallen again to 2.73 billion in 2019-20 read more
Aug 25, 2020 14:20
The number of pieces of Rs 2,000 denomination notes constituted 2.4 per cent of the total volume of notes at end-March 2020, down from 3 per cent at end-March 2019 and 3.3 per cent at end-March 2018. read more
Aug 21, 2020 08:21
India’s retail inflation accelerated to 6.93% in July from 6.23% in June, remaining above the MPC’s target range of 2-6%, while food inflation rose to 9.62%. read more