RBI moots scale-based tighter regulatory framework for NBFCs
The Reserve Bank of India (RBI) has suggested a tougher regulatory framework for the non-banking finance companies’ (NBFC) sector to
Read moreEconomy
An economy is the enormous arrangement of between related creation and utilization exercises that guide in deciding how scant assets are allotted.
Soaring fuel prices crowd out other spends on credit cards, says SBI Research
Pandemic has altered the spending habits of customers. Massive rise in retail fuel prices crowded out other discretionary spends on
Read more‘Weak reform push, financial sector woes may damp growth’
Effective implementation key to realising India’s medium-term potential, says Fitch. Fitch Ratings on Wednesday said India’s medium-term growth potential is
Read moreChina’s economy grows 2.3%, slowest pace in 44 years
Stimulus created 11.86 mn urban jobs. China said on Monday its economy expanded in 2020 by 2.3% , the slowest
Read more‘Refine quality of expenditure to aid fiscal sustainability’
Maintaining and improving the quality of expenditure would help address the objectives of fiscal sustainability while supporting growth, RBI Governor
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Centre mulls BIC model for bank recap
Setting up a BIC as a holding company or a core investment company was suggested by the P.J. Nayak Committee.
Read moreNeed to support economic revival, financial stability: RBI Governor
The Reserve Bank of India is positioning itself to provide an enabling environment where regulated entities are catalysed to exploit
Read moreIndian economy ‘weak,’ credit growth bottoming out: BofA
Real lending rates are dropping, says U.S. brokerage American brokerage BofA Securities said the Indian economy continues to be ‘weak,’
Read moreExports rise a tad, imports surge in December
India’s exports rose marginally to $27.2 billion in December, while imports surged 7.6% to $42.6 billion, official data showed. Merchandise
Read moreInflation slows to 4.59% as food prices ease
Industrial output slips back into contraction after two months with November IIP shrinking 1.9%, NSO data show India’s retail inflation
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