FM, US Treasury Secretary ‘Exchange Notes’ on Global Economy
Union Finance Minister Nirmala Sitharaman on Monday held a discussion on the global economic outlook and exchanged notes on issues of mutual interest with US...
Category : ECONOMY
Exim Bank Sees Exports Growing 4.9% in Q4
Exim Bank on Monday said it expects merchandise exports to touch USD 78.6 billion logging in a 4.9 per cent growth on-year in the March...
India to Propose Cryptocurrency Ban, Fining Traders
India will propose a law banning cryptocurrencies, fining anyone trading in the country, or even holding such digital assets, a senior government official told Reuters...
India’s February Fuel Demand Falls to Five-Month Low
India’s fuel consumption fell for the second month in a row in February to its lowest since September last year as record-high retail prices continued...
Insurers Soon be Able to Launch Covers Without Regulator Nod
IRDAI wants to move to a ‘use and file’ system where insurers can market products without first obtaining approval from the regulator, said Chairman Subhash...
Parliament Passes Arbitration Amendment Bill to Protect Taxpayer Money
Parliament on Wednesday approved a bill to amend the arbitration law that would ensure all stakeholders get a chance to seek an unconditional stay on...
Avoid Crony Lending, Aid Infra Led Growth: CEA to Bankers
Chief economic adviser (CEA) Krishnamurthy V Subramanian on Tuesday called on financial institutions to shun “crony-lending” and focus on the quality of advances to help...
India’s Horticulture Production Set for 1.8% Growth in 2020-21
Prices of vegetables and fruits are set to ease further in India, with the first Advance Estimates pegging horticulture production at 326.58 million tonnes for...
GSDP Estimated to Contract 5.6% in Delhi: Lt Governor
The Delhi economy is estimated to suffer a contraction of 5.6 per cent in the gross state domestic product (GSDP) in the current financial year...
EPFO to Announce Interest Rate Between 8.3% and 8.5%
The employees’ provident fund organization (EPFO) is likely to announce an interest rate between 8.30 per cent and 8.50 per cent for 2020-21. EPFO’s central...