RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

COVID-19 vaccine from Russia! Dr Reddy's ties up with a Russian firm for 100 million dosesHyderabad-based Dr Reddy's Laboratories (Dr Reddy's) and Russia's sovereign wealth fund Russian Direct Investment Fund (RDIF) have joined hands to carry out clinical trials and distribution of 100 million doses of coronavirus vaccine Sputnik V in India. Sputnik V vaccine is undergoing final stage clinical trials in Russia. It is also being tested in several other countries. \"Deliveries could potentially...

The fiscal stimulus is of only 1.8 per cent and there is an urgent need for a second round of the same, UBS chief economist Tanvee Gupta Jain said

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As per the report, advancement in sowing has led to buoyant demand for agricultural inputs in the first quarter of this fiscal, albeit on a low base

While initiating a discussion on the coronavirus pandemic in Rajya Sabha, Congress member Anand Sharma also asked the government to take steps to strengthen the public healthcare system in the country

Addressing the FICCI National Executive Committee Meetingm, RBI Governor Shaktikanta Das expressed that the GDP data for the first quarter (Q1) of FY21 was a telling reflection of the \"ravages of the COVID-19\"

RBI Governor outlines whole rationale and reasoning behind restructuring scheme, says it has to be a very balanced and careful call on part of the RBI

India Stock Market Highlights Today: M&M, followed by Bajaj Auto, Maruti, L&T, Tata Steel, UltraTech Cement and Nestle India were among the top gainers on Sensex pack today. On the other hand, HCL Tech, Axis Bank, ICICI Bank, Bajaj Finance and SBI were among the laggards

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

LFAR, which applies to statutory central auditors and branch auditors of banks, has been updated keeping in view large scale changes in size, complexities, business model and risks in banking operations, says RBI

Govt is in process of identifying distressed sectors to vary benefits as per the impact of hit they have taken due to COVID-19, said Solicitor General

Reserve Bank of India Governor Shaktikanta Das has ruled out any possibility of stagflation and also suggested that the govt was likely to announce another round of stimulus

The review meeting will be held ahead of the KV Kamath-led committee's recommendations on the qualifying criteria for restructuring of loans impacted by the coronavirus crisis

The bankers want to stop moratorium, while the industrialists want the government to continue support system

The RBI may not extend the moratorium as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19

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Stock market update for upcoming week:  5 things to know before Friday's opening bell

Data sourced from Prime Database shows that initial public offerings (IPOs) worth Rs 33,516 crore of 34 companies have received approvals. Of these, seven companies have received approvals after the government introduced a nationwide lockdown

Addressing the gathering at the Collectorate after reviewing the measures taken to combat the COVID-19 pandemic, the Chief Minister said the state was making big strides in agriculture and healthcare despite the pandemic