Admitting slowdown, RBI lowers growth forecast to 6.9%
Mumbai | With the headwinds to growth rising from all around, Reserve Bank governor Shaktikanta Das Wednesday admitted the economy is in a slowdown mode, but...
Tag : RBI
Business Tit-Bits: Will rate cuts revive the economy?
Ever since Shaktikanta Das has taken over the reins of the RBI, he has affected rate cuts. There have been three rate cuts this year...
Rajan to head IMF?
Just days after former RBI governor Raghuram Rajan brushed aside rumours that he would be running for the top job at the Bank of England,...
Former RBI governor warns govt about another NPA mess ahead of Union Budget
New Delhi | Ahead of the Narendra Modi government’s Union Budget in Lok Sabha today, former Reserve Bank on India governor Urjit Patel has warned...
Anil Ambani and PWC resignation – why now?
Auditors, especially the BIG 4, have been under the hammer of late. Recently they are being held liable for their misdeeds and misconduct and unlike...
ANIL AMBANI AND PWC RESIGNATION – WHY NOW
It was only yesterday that the newspapers reported that the Ministry of Corporate Affairs (MCA), has approached the NCLT seeking to ban two well known...
ANIL AMBANI AND PWC RESIGNATION – WHY NOW
It was only yesterday that the newspapers reported that the Ministry of Corporate Affairs (MCA), has approached the NCLT seeking to ban two well known...
J&K – A Saga of Crimes
by News Desk
The Indian banking and financial system has been ridden with financial manipulation and frauds, as seen in the case of ILFS, or the window dressing...
Wilful defaulters and willing bankers
As India’s giant NPA crisis remains unresolved, newspaper reports say that the government has initiated steps to punish the wilful defaulters, who have looted India’s...
Business Tit-Bit: Wilful defaulters and Willing Bankers
India’s NPA crisis is only worsening. As of 31.3.18 there were 9063 wilful defaulters with dues of over Rs.1.10 lakh crores. The government has initiated...