The government is in a rush to clear as many bottlenecks as it can in the run up to general election 2019

Much of the cost of the extra spending or revenue losses would have to be borne by the government that will take charge after the election due by May.

He has been holding consultations with various stakeholders including banks, non-banking financial companies and micro, small and medium enterprises.

The CPI figure for December month is almost half of what the RBI has been projecting for the last one year.

Jalan, who was the RBI's governor between 1997 to 2003, declined to comment on his committee's recommendations.

The government feels that contingency reserves are far higher than the RBI might ever require

The panel will propose a suitable profit distribution policy taking into account all the likely situations of RBI, including the situation of holding more provisions than required.

Following the liquidity crisis in NBFC major IL&FS that began last August, the entire non-banking financial services sector has been passing through a crisis, primarily related to liquidity.

The RBI under the new governor Shaktikanta Das has quite a lot on its plate in 2019.

The government's move for another committee to look at the economic capital framework for RBI looks like an unnecessary step.

The government's decision to recapitalise the ailing public sector banks without first fixing the management problems is a bad idea.

The amount infused will help the banks meet regulatory capital requirement, and its disbursement might take place before December 31.

E-tailers, traders welcome new FDI policy; small vendors say 25% limit will deter entrepreneurship; Indian-American Rajesh Subramaniam named President and CEO of FedEx; tech startups to hire over 40,000 people next year; Zomato, Oyo, Swiggy chalk out plans. Watch more in this episode of Business Wrap.

The government is widely expected to miss its fiscal deficit target of 3.3 percent of GDP in the current fiscal year, or announce spending cuts in the last quarter.

E-tailers, traders welcome new FDI policy; small vendors say 25% limit will deter entrepreneurshipE-commerce firms and trade groups on Wednesday appreciated the new rules for the sector, noting that the norms would help create level playing for all sellers. But small vendors are a worried lot over the condition on vendors to sell only 25 per cent of their products through an e-commerce platform. The monitoring and compliance mechanism of the new policy has been questioned by All India Online ...

The move could also adversely impact investments being made by e-commerce firms to bring new sellers on board.

These five companies were part of a group of 29 entities that allegedly indulged in reversal trades, says Sebi.

Some private sector banks including ICICI Bank, HDFC Bank and Axis Bank were functioning on Wednesday, while others such as Federal Bank, South Indian Bank and Karur Vysya Bank were closed.