Centre had planned a disinvestment mop-up of Rs 2.1 lakh crore this fiscal, by selling stake in several public sector enterprises, but the plans have been stalled due to several factors

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threatens financial stability and economic recovery

PM Modi criticises previous govts, says the poor had to bear for their 'wrong' policies and intentions

The currency unit opened at 73.11 per US dollar at the interbank forex market and inched 7 paise higher to 73.10 over its previous close

Bird flu outbreak:  The states affected by bird flu in India are Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana, Gujarat, Uttar Pradesh, Maharashtra, Delhi, Uttarakhand, and Chhattisgarh

On January 16, Bharat Pe and financial services firm Centrum had jointly submitted a bid to the Reserve Bank of India to acquire PMC Bank

Stating that 415 people die on roads in India every day, Road Transport and Highways Minister Gadkari said there is a need to expedite the task of saving the lives of people

Ahead of the IPO, IRFC had raised Rs 1,398.63 crores from 31 anchor investors. IRFC is issuing shares at a price band of Rs 25 to Rs 26

First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

The gross domestic product (GDP) growth was faster than the 6.1% forecast by economists in a Reuters poll, and followed 4.9% growth in the third quarter

DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator

Acting on a petition by Pune-based RTI activist Vihar Durve, the panel directed the central agency to cite regulations under which look out circulars were issued in October and November, 2015

The Supreme Court-appointed committee on the three new farm laws is scheduled to hold its first meeting on January 19 at Pusa campus here, one of its members Anil Ghanwat said on Sunday

The agency stated that these officials compromised then investigation of certain cases on 'extraneous pecuniary considerations'

State governments had 54.60 billion rupees ($747.03 million) loans from the RBI in the week ended Jan. 8

I would like to unambiguously reiterate that the Reserve Bank remains steadfast to take any further measures, as may be necessary, while at the same time remaining fully committed to maintaining financial stability, Das said.

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went bankrupt in 2018, and Dewan Housing Finance Corp and Altico Capital defaulted on payments in 2019

Reserve Bank of India Governor Shaktikanta Das said that it was imperative to identify the root causes of stress rather than addressing the symptoms

There is a need to re-accelerate the economic growth... Indian economy is likely to contract to 7.5 per cent in 2020-21. But it will grow in double-digit in the next fiscal year, he said