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BusinessToday.In
October 23, 2020
According to a Confederation of Indian Industry (CII)- CARE Ratings knowledge paper, the fresh investments required to take the Indian economy to this level would amount to Rs 498 lakh crore over a seven-year period, between 2021-2027


BusinessToday.In
October 23, 2020
The central board of Reserve Bank of India (RBI) met on Friday to discuss the current economic scenario, continued global and domestic challenges and various areas of operations of the central bank


Dipak Mondal
October 22, 2020
Sanyal's reaction came after the former Reserve Bank of India Governor Raghuram Rajan recently cautioned against import substitution by erecting tariffs under the 'Aatmanirbhar Bharat' initiative


BusinessToday.In
New Delhi, October 22, 2020
Kia Motors India on Wednesday said it has received over 50,000 bookings for its compact SUV Sonet within two months of commencing the process; The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India; In wake of a deep global recession amid a still unchecked pandemic, the global economy is estimated to contract by 4.3 per cent this year, leaving global output short by over $6 trillion by the year end. Watch this and more on News Blast.Also Read: Dr Reddy's Labs share slips over 4% as firm shuts plants after cyberattack


Rashi Bisaria
New Delhi, October 22, 2020
Flipkart's Big Billion Days sees 55% rise in digital payments, over 150% increase in EMI optionsThe annual festive season sale by Flipkart, The Big Billion Days (TBBD), which concluded on October 21 saw 1.5 times growth in the number of transacting sellers, amongst whom more than 35 per cent saw over thrice the sales compared to last year, said the company in a statement. Even as it added nearly 35 per cent new sellers on its platform, nearly 60 per cent of them were from Tier II and Tier II...


BusinessToday.In
October 22, 2020
Stocks to watch today on October 22: HDFC, UltraTech Cement, Bajaj Finserv, Zee Entertainment, RIL among others are the top stocks to watch out for in Thursday's trading session


BusinessToday.In
October 22, 2020
Former RBI governor Raghuram Rajan says to grow exports, one needs to import things that go into these exports as cheaply as they can


BusinessToday.In
October 21, 2020
India is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government, says RBI Governor Shaktikanta Das


BusinessToday.In
October 21, 2020
Contestant Ankita Singh from Bilai district of Chhattisgarh was able to earn Rs 12,50,000. The banker by profession, Ankita quit the show as she failed to answer the 13th question worth Rs 25 lakh


Anand Adhikari
New Delhi, October 20, 2020
The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India


Reuters
October 19, 2020
Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said


PTI
October 19, 2020
Addressing the centenary convocation of the University of Mysore through video conferencing, he said it is being done for the sake of crores of youth in this country and to make this decade India's


Sonal Khetarpal
October 12, 2020
Vohra has been a Professor at IIM, Ahmedabad since the last two decades and was the Chairperson of its 'Centre for Innovation, Incubation and Entrepreneurship'


Prasanna Mohanty
October 12, 2020
India has learnt that growth in GDP does not automatically translate into growth in jobs and that GDP growth does not necessarily mean well-being of a vast majority of population. It needs to put these experiences into work and frame appropriate policy responses to the job crisis


BusinessToday.In
October 12, 2020
Retail inflation jumped to 7.34 per cent in September, mainly on account of higher food prices, official data showed on Monday


PTI
October 11, 2020
Transport department on Saturday stated that the Lieutenant Governor of the National Capital Territory of Delhi exempted the tax levied upon all battery electric vehicles with immediate effect


BusinessToday.In
New Delhi, October 10, 2020
Microsoft Corp said it would allow most of its employees to clock in up to half their weekly working hours remotely, providing greater flexibility even after offices start reopening; Tomato prices have sky-rocketed in Pakistan, touching Rs 200 per kg-mark across major cities including Karachi and Islamabad this week; India can become the artificial intelligence (AI) capital of the world because of the talent pool and complex problems that it has, Tata Sons Chairman N Chandrasekaran said. Watch this and more on News Blast.Also Read: US elections 2020: Twitter imposes restrictions, more warning labels to curb misinformation


BusinessToday.In
New Delhi, October 10, 2020
India's fuel demand shrinks 4.4% to 15.47 mn tonnes in SeptIndia's fuel demand fell about 4.4% in September compared with a year earlier, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed on Friday.Consumption of fuel, a proxy for oil demand, totalled 15.47 million tonnes, the data showed. Demand for diesel, which is widely used for transportation as well as for irrigation needs in India, declined 6% year-on-year to 5.49 million tonnes.RBI keeps repo rate ...


Rupa Burman Roy
October 9, 2020
For the second time in a row, RBI maintained status quo in the face of high inflation, and left the repo rate unchanged but maintained an accommodative stance


PTI
October 9, 2020
The RBI has kept the retail inflation target of 4 per cent with a bias of plus/minus 2 per cent


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