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PTI
December 30, 2018
The positive outlook is buttressed by strong drivers emanating from services sector and better demand conditions arising out of poll spend, with the general elections slated next year.


PTI
December 30, 2018



Dipak Mondal
New Delhi, December 24, 2018
The targets set for the state in the GST regime are unprecedently high. Even though GST commenced on July 1, 2017, the base year for revenue increase has been calculated is 2015-16, says Jaitley.


PTI
New Delhi, December 19, 2018
The RBI had kept the repo rate -- at which it lends to banks -- at 6.50 per cent in the MPC review held between December 3-5.


PTI
December 19, 2018
The Reserve Bank of India said it has decided to scale up the amount of liquidity infusion by Rs 10,000 crore to Rs 50,000 crore this month after a review of the evolving liquidity conditions


BusinessToday.In
New Delhi, December 13, 2018
Flipkart rejigs leadership, appoints Sriram Venkataraman as COOWalmart-backed Flipkart has rejigged its senior leadership team, including the appointment of Sriram Venkataraman as a chief operating officer (COO).Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy. As part of the COO charter, he will be responsible for Ekart (logistics vertical), the marketp...


Reuters
December 13, 2018
Shaktikanta Das, who has a reputation as a consensus-builder and is known for a preference towards pro-growth policies, declined to elaborate on what measures he had in mind.


PTI
December 12, 2018



PTI
December 11, 2018



Rajeev Dubey
New Delhi, December 10, 2018
While Rana Kapoor is being forced to step aside from his position as MD & CEO of Yes Bank, Kotak faced an obstinate RBI refusing to budge on its stand that dilution of his stake via Perpetual Non-Convertible Preference Shares does not meet RBI's promoter holding requirement.


PTI
December 10, 2018



PTI
December 10, 2018



PTI
December 10, 2018



PTI
December 10, 2018



Anand Adhikari
New Delhi, December 10, 2018
The last two board meetings saw both the government and the RBI  taking positions. In the November 19 meet, the RBI board discussed four issues and RBI actually agreed on only one, while referring the other three to expert panel and committees.


BusinessToday.In
New Delhi, December 10, 2018
Reserve Bank of India Governor Urjit Patel stepped down today citing personal reasons for his resignation.Patel's resignation comes after the central bank's spat with the Finance Ministry over issues related to autonomy and governance of the central bank. In the press conference after last week's monetary policy committee meet, Urjit Patel had refused to comment on the friction with the government. Watch BusinessToday.in editor Rajeev Dubey discuss the reasons behind Patel's resignation


BusinessToday.In
New Delhi, December 10, 2018
On account of personal reasons, I have decided to step down from my current position (RBI Governor) effective immediately, says Urjit Patel.


PTI
December 10, 2018



PTI
December 5, 2018
Welcoming the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged, real estate industry said the move is likely to reinforce confidence in home buyers, resulting in improved sales.


BusinessToday.In
December 5, 2018
RBI has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 percent.


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