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Nevin John
January 20, 2021
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


Prasanna Mohanty
January 20, 2021
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


PTI
January 20, 2021
PM Modi criticises previous govts, says the poor had to bear for their 'wrong' policies and intentions


BusinessToday.In
January 20, 2021
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


BusinessToday.In
January 19, 2021
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


BusinessToday.In
January 18, 2021
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


PTI
January 18, 2021
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


BusinessToday.In
January 18, 2021
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


Prasanna Mohanty
January 18, 2021
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


Reuters
January 18, 2021
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


BusinessToday.In
January 17, 2021
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 Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator


BusinessToday.In
January 17, 2021
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


PTI
January 17, 2021
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


BusinessToday.In
January 17, 2021
The agency stated that these officials compromised then investigation of certain cases on 'extraneous pecuniary considerations'


Reuters
January 16, 2021
State governments had 54.60 billion rupees ($747.03 million) loans from the RBI in the week ended Jan. 8


BusinessToday.In
January 16, 2021
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.


BusinessToday.In
January 16, 2021
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


Reuters
January 16, 2021
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


BusinessToday.In
January 16, 2021
Reserve Bank of India Governor Shaktikanta Das said that it was imperative to identify the root causes of stress rather than addressing the symptoms


PTI
January 16, 2021
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


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