RBI Conducts Rate Repo Auction of Rs 50K Cr
The Reserve Bank of India (RBI) has conducted a rate repo operation instead of pledging its regular variable rate reverse repo operations (VRRR) after the...
Category : ECONOMY
India Signs Agreement With ICAAP
India has signed an agreement with the International Co-operative Alliance Asia And Pacific (ICAAP) to develop further the core strengths, experience, and institutional objectives to...
Ministry of Textiles Approved 20 Strategic Projects Worth Rs 30 Crores
Ministry of Textiles announced that it had cleared 20 strategic research projects worth Rs 30 Crores in Specialty fibres and Geotextiles under the Union Minister...
FM Sitharaman Holds Pre-Budget Stakeholder Consultation
Finance Minister Nirmala Sitharaman held a pre-budget stakeholder consultation with BJP leaders and industry professionals, business leaders, academicians and economists connected with the party. Spokespersons...
Piyush Goyal Requests to Prepay MSMEs to Boost Employment
Commerce and Industry Minister Piyush Goyal asked industry bodies to prepay Medium, Small and Micro Enterprises (MSMEs) to protect their viability and boost employment and...
Bank Stocks Broadly Positive During Basel Regulations Implementation: RBI
Banking stocks have broadly reacted positively to the strict capital norms under the Basel regulations put in place for domestic banks over 18 years, starting...
IMF Says Economies Must Prepare for Fed Policy
The International Monetary Fund (IMF) has said that emerging economies should prepare for US interest rate hikes. The Federal Reserve can discourage financial markets and...
GAIL, IPICOL Sign MoU for Developing Clean Energy Projects in Odisha
On Wednesday, Industrial Promotion and Investment Corporation of Odisha (IPICOL) and GAIL (India) Limited signed a Memorandum of Understanding (MoU) for cooperation in the areas...
Environment Ministry Drafts Notification for Waste Tyres
The Ministry of Environment, Forests and Climate Change presented a notification for regulations for the extended producer responsibility (EPR) for waste tyres that will be...
India’s Services Growth Drops in December at 55.5 PMI
India’s services sector grew for a fifth continuous month in December. Purchasing Managers’ Index (PMI) decreased to 55.5 in December from 58.1 in November. Export...