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PTI
November 27, 2020
In the reporting week, the increase in the forex kitty was on account of a rise in foreign currency assets (FCAs), a major component of the overall reserves


Prasanna Mohanty
November 26, 2020
While government claims on tax compliance and GST collections paint a healthier picture of the economy, tax-to-GDP has fallen for two consecutive years and tax collections across the board in the first half of FY21 are nowhere close to FY20, indicating that trouble is far from over


PTI
November 22, 2020
Ashima Goyal, who has been appointed as member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), said there is progress on many reforms and that will make higher long-run growth sustainable


PTI
November 18, 2020
The festival season retails were driven by the strong performance of its popular models across segments, including the 100cc Splendor+ and HF Deluxe, 125cc motorcycles Glamour and Super Splendor and the Xtreme 160R


Prasanna Mohanty
November 17, 2020
As India marches from one economic disaster to another, policy and planning appear to be victims of whims and fancies as and when they strike


Prasanna Mohanty
November 14, 2020
This is a nebulous idea designed to mean anything and everything under the sun without the burden of economic logic, facts and evidence


PTI
November 13, 2020
In the previous week ended October 30, the reserves had increased by USD 183 million to USD 560.715 billion


Mudit Kapoor | Manoj Sharma
November 13, 2020
RBI claim seems partially 'correct'; while it'll be India's first technical recession in terms of quarterly GDP numbers, the country has faced four recessions in terms of yearly GDP in the past


PTI
November 12, 2020
At the same time, Harris has insisted that in the Joe Biden administration, corporations and the wealthiest will finally be made to pay their fair share


Reuters
November 12, 2020
Sources familiar with Georgieva's goals say Biden's commitment to multilateral institutions and his pledge to re-enter the Paris climate agreement should help the IMF advance its own targets


Reuters
November 12, 2020
Many market players hedged early, Swiss Re Chief Executive Christian Mumenthaler said, figuring the COVID-19 respiratory disease would spread around the world after first being identified in Wuhan, China, late last year


Prasanna Mohanty
November 11, 2020
Multiple factors are responsible for this; some are well-known, like data fudging and man-made disasters of demonetisation, GST, and stringent lockdown; others are lost sight of, like lack of institutional support and intellectual rigour and frivolous approach to serious crisis


PTI
November 8, 2020
In May, the Centre had announced a Rs 20 lakh crore 'Aatmanirbhar Bharat' stimulus to help the nation tide over the economic crisis induced by coronavirus


BusinessToday.In
New Delhi, November 4, 2020
Service firms and new age companies such as MakeMyTrip, Droom and BookMyShow are restoring the compensation of their employees to the original level; Future Retail has filed an urgent caveat petition before the Delhi High Court in anticipation of legal action by Amazon against its deal with Reliance Industries; Gita Gopinath, chief economist of the International Monetary Fund (IMF), has pitched for fiscal stimulus to mitigate the economic impact of coronavirus crisis. Watch this and more on News Blast.Also Read: Why IT stocks are on fire ahead of US Presidential election results


Prasanna Mohanty
November 4, 2020
Unprecedented demand for work under the rural job guarantee scheme sees 90 million individuals finding support and 19 million more waiting their turn, but if the fund crunch continues there may not be much to look forward to


Shailendra Shukla
New Delhi, November 4, 2020
IMF's Gita Gopinath bats for fiscal stimulus to revive global economiesGita Gopinath, chief economist of the International Monetary Fund (IMF), has pitched for fiscal stimulus to mitigate the economic impact of coronavirus crisis, citing the pandemic has pushed the global economy in a liquidity trap. Gopinath highlighted that central banks across the world have taken strong measures to improve liquidity situation and have brought down policy interest rates aggressively, leaving little space ...


PTI
November 4, 2020
After the third stimulus package last month, Finance Minister Nirmala Sitharaman had said that the option for another stimulus package has not been closed


Vivek Dubey
November 3, 2020
The Ministry of Finance said, that no PSBs except Bank of Baroda have increased such charges recently


Aprajita Sharma
November 3, 2020
So far as Regular Savings accounts, Current Accounts, Cash credit accounts & Overdraft accounts, the charges will not be revised upwards in the \"near future\"


Anand Adhikari
November 3, 2020
So far, the promoter SBI has committed the highest amount of Rs 13,000 crore followed by Central Bank of India, Punjab National Bank, HSBC, Bank of Baroda and Sumitomo Mitsui Banking Corporation


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