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ECONOMY
NPA situation in banking sector stabilizing: Care Ratings
Feb 15, 2019

Highlighting signs of improvement in asset quality of banks, credit rating agency, Care Ratings in its latest report has said that

ECONOMY
Currency in circulation cannot be taken as indicator of heightened economic activity: SBI research
Feb 15, 2019

The economic research wing of State Bank of India (SBI) has said that jump in currency in circulation (CIC) cannot be taken as a le

ECONOMY
Auto-component industry to post revenue of 10-12% between FY2018 and FY2022: ICRA
Feb 15, 2019

The rating agency ICRA in its latest report has said that a supportive framework for electric vehicle transition and incentives for

ECONOMY
Banks to meet real estate sector’s companies within a fortnight: Piyush Goyal
Feb 15, 2019

In order to resolve the funding crunch faced by the real estate sector, Finance Minister Piyush Goyal has asked banks to hold a mee

ECONOMY
Economic growth may reach 7.5% in FY20: Subramanian
Feb 15, 2019

Chief Economic Adviser K V Subramanian has said that the economic growth is expected to accelerate to 7.5% in next financial year (

ECONOMY
WPI inflation cools for third straight month to 2.76% in January
Feb 14, 2019

Coming in line with softening Consumer Price Index (CPI) inflation, India’s Wholesale price index (WPI) inflation eased for the thi

ECONOMY
WPI inflation cools for third straight month to 2.76% in January
Feb 14, 2019

Coming in line with softening Consumer Price Index (CPI) inflation, India’s Wholesale price index (WPI) inflation eased for the thi

ECONOMY
Power demand will continue to rise in near future: R K Singh
Feb 14, 2019

Union minister R K Singh has said that power demand, which is already growing, will continue to rise in the near future. He also no

ECONOMY
Cabinet to soon consider relaxing 30% local sourcing norm for FDI in single-brand retail
Feb 14, 2019

With a view to attract a larger number of global players in the single-brand retail sector, the Cabinet is expected to soon conside

ECONOMY
Govt approves 3-year extension of CLCS-TUS Scheme for MSMEs with Rs 2,900 crore outlay
Feb 14, 2019

With an aim to improve competitiveness of Micro, Small and Medium Enterprises (MSMEs), the government has approved a three-year ext

ECONOMY
Bank credit growth increases 14.5%, deposits up 9.63%
Feb 14, 2019

The Reserve Bank of India (RBI) in its latest report has showed that bank credit growth increased by 14.5 percent at Rs 94.29 lakh

ECONOMY
Financial inclusion of MSMEs needed for development of country: Giriraj Singh
Feb 13, 2019

In order to mitigate financial challenges faced by entrepreneurs, the Minister of State for Micro, Small and Medium Enterprises (MS

ECONOMY
NPA of PSBs under Pradhan Mantri Mudra Yojana stands at Rs 7,277 crore
Feb 13, 2019

Minister of State for Finance Shiv Pratap Shukla has said that a Non-performing asset (NPA) worth Rs 7,277.31 crore of public secto

ECONOMY
Corporate bond issuance falls 13% to Rs 4 lakh crore in April-December of FY19
Feb 13, 2019

Credit rating agency Care Ratings in its latest report has said that corporate bond issuance fell 13 percent to Rs 4 lakh crore in

ECONOMY
India’s factory output grows at 2.4% in December
Feb 13, 2019

After hitting a 17-month low in November, India’s industrial growth measured by Index of Industrial Production (IIP) inched up to 2

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