Demonetisation and GST are the two major headwinds that held back India's economic growth last year, Raghuram Rajan said, asserting that the current seven per cent growth rate is not enough for India.

In the Survey, Subramanian argues that there is no particular reason for RBI to retain excess capital within itself. He points out that even at current levels, the RBI is already exceptionally highly capitalised.

A day before Diwali and on the last day of Samvat 2074, here's a look at the stock recommendations by Epic Research and Way2Wealth, which are likely to be the best picks for Samvat 2075.

Indian households collectively hold close to 24,000 tonnes of gold, which as per current price is valued in excess of Rs 7.87 lakh crore. Essentially, most of this gold is in physical form, which is a reason to fear as all physical things are prone to theft.

Indian households collectively, are estimated to have close to 24,000 tonnes of gold, which as per current price is valued in excess of Rs 7.87 lakh crore. Essentially, most of this gold is in physical form, which is a reason to fear as all physical things are prone to theft. Gold purity is also a concern in case of non-hallmarked jewellery.

It can ensure cost effectiveness, quicker turnaround and also potentially unlock liquidity for businesses.

The blockchain platform was integrated with the electronic bill of lading platform to issue and manage an electronic bill of lading. This allows a digital transfer of the title of goods from the seller to the buyer in the underlying trade.

The Reserve Bank of India permitted banks to grant partial credit enhancement to bonds issued by non-banking financial companies and housing finance companies, listed with the Reserve Bank of India  and the National Housing Bank respectively.

Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.

Amazon India has teamed up with HDFC Bank to offer 10 per cent, up to Rs 1,500 discount for the bank's credit and debit card users.