Fake notes, back with a bang
In November 2016, when the Narendra Modi government announced demonetization of Rs 500 and Rs 1,000 notes, one of the aims of it was said...
Tag : RBI
Business Tit-Bits : Band-aids and deep wounds
The GDP growth for the first quarter of the financial year 2019-20 dropped to five per cent, a sharp decline of 0.8% points compared to...
The Satyam that was not
“With almost every bank and institutional lender having exposure to ILFS, its dangerous contagion effect would destabilise the entire banking and finance sector of India,...
BJP has pushed the country into a financial emergency: Congress
New Delhi | The Congress on Friday has hit out at the Modi government for “forcefully taking” money from the RBI, and claimed that they...
Business Tit Bits : Raiding the RBI
The Reserve Bank of India has approved the transfer of record Rs 1.76 lakh crore dividend and surplus reserves to the government, boosting Prime Minister...
Rahul Gandhi accuses Modi govt of “stealing from RBI”
New Delhi | Congress leader Rahul Gandhi has accused the Centre of “Stealing” and stated that “stealing from the RBI will not work”. Earlier today, Reserve...
Headlines: Congress accuses Modi Government of ‘looting’ RBI
The Reserve Bank of India has approved the transfer of record Rs 1.76 lakh crore dividend and surplus reserves to the government, boosting Prime Minister...
RBI to transfer Rs. 1.76 trillion from surplus to the govt
New Delhi | The Reserve Bank of India (RBI) approved a record Rs.1.76 lakh-crore ($24.4 billion) payout to the central government, amid a slowing economy. The central...
Amid economic slowdown, Moody’s cuts India growth to 6.2% for 2019
Singapore | Moody’s Investors Service has cut India’s gross domestic product (GDP) growth rate to 6.2 per cent for the year 2019, amid an economic slowdown....
Business Headlines: Slowdown hits luxury car, watch and apparel makers
The country is in the midst of an economic slowdown. Sector after sector has been falling prey to this vicious cycle. The most recent casualty...