India’s 0.2% current account deficit has been recorded in the December quarter: RBI data
In the current fiscal year, the current account was in the last two quarters, $ 15.1 billion and $ 19 billion, respectively, in surplus according […]
economy
PSU banks are unlikely to continue along the zero-coupon bond route for re-examination
Sources said public sector banks are unlikely to take the zero-coupon bond route for recapitalization after the Reserve Bank of India (RBI) expressed some concerns […]
Business Live: Coronovirus cases shook investors as shares fell more than 1%; RBI governor sees revival of economy as ‘unbalanced’ despite growing transition
The benchmark stock index opened the day on a negative note, continuing downward since yesterday. Join us as you follow the top business news through […]
No compounding, punitive interest should be taken from the borrowers during the loan moratorium period: Supreme Court
Supreme Court only. Questioned the justification for limiting compound interest on loans up to 2 crores The Supreme Court on 23 March barred banks from […]
Telangana’s economy on V-shaped recovery path
The government’s expectation in the budget on Thursday that several high-frequency indicators about the state’s economy would lead to a significant improvement in the gross […]
China threatens to rein in Internet economy
Beijing, making good on its threats to emphasize the “shipping economy”, President Xi Jinping has weighed on the need to rein in eunuchs who play […]
‘Africa to see rebound, may grow 3.4%’
The African Development Bank said African economies are expected to grow by an average of 3.4% this year, as the continent recovers from its worst […]
Focus on growth from inflation, says CEA
Krishnamurthy Subramanian’s commentary on economic priorities goes beyond the review of the policy framework. Chief Economic Advisor (CEA) Krishnamurthy Subrahmanyam said on Saturday that the […]
Indian economy seeing ‘V-shape’ recovery: Anurag Thakur
Green shootings are seen in various sectors of the economy and the country is already witnessing a ‘V-shaped’ recovery, Minister of State for Finance and […]
As of December ‘MFI gross loan portfolio grew by 6.4%.’
According to a report, the gross lending portfolio of the microfinance sector grew by 6.4% to ₹ 2.27 lakh crore as of December 2020, from […]