Policy and Economy

He said consolidation of banks are longer-term commercial decisions, whereas recapitalization of PSBs is "more an urgent issue" in order to get the banking.
Aug. 17, 2018, midnight
Publisher: youtube.com

Speaking to CNBC-TV18 Samiran Chakraborty, Chief Economist at CITI said that rupee has to be seen in a relative context.
Aug. 17, 2018, midnight
Publisher: youtube.com

Members of the monetary policy committee (MPC) flagged the possible impact of the larger-than-average increase in minimum support prices (MSP) for kharif crops on inflation when they voted 5-1 in favour of a policy rate hike.
Aug. 16, 2018, 5:34 p.m.
Publisher: thehindubusinessline.com

The National Payments Corporation of India (NPCI) on Thursday launched Unified Payments Interface (UPI) 2.0, which among others allows customers to link their overdraft account to UPI, creation of one-time mandates and pre-authorisation of transactions for payment at a later date, and checking the invoice sent by merchant prior to making payment.
Aug. 16, 2018, 10:56 a.m.
Publisher: thehindubusinessline.com

Trade deficit for the month of July came in at a five-year high of USD 18bn against the upward revised deficit of USD 17.1bn in June.
Aug. 16, 2018, 9:47 a.m.
Publisher: edelweiss.in

In this note, we assess the finances of 18 state governments that have published their fiscal data up to June 2018. Our analysis reveals that the aggregate fiscal deficit of these states touched a four-year high of 13.6% of budget estimates (BE) in 1QFY19.
Aug. 16, 2018, 9:43 a.m.
Publisher: motilaloswal.com

The monetary policy committee (MPC) members cited possible risks of inflation in the second half of the year as one of the key drivers for raising interest rates in August, according to minutes of the meeting released on Thursday.
Aug. 16, 2018, 9:21 a.m.
Publisher: economictimes.indiatimes.com

It believes populism before election may upset States’ finances.
Aug. 16, 2018, 8:35 a.m.
Publisher: thehindubusinessline.com

Says move will eliminate bogus licences, check corruption.
Aug. 15, 2018, 3:39 p.m.
Publisher: thehindubusinessline.com

IT Minister seeks comments from CMs
Aug. 15, 2018, 3:37 p.m.
Publisher: thehindubusinessline.com

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