NEW DELHI: Nearly two decades after an NDA government’s unsuccessful bid to reduce government holding in public sector banks, finance minister Nirmala Sitharaman has...
This was probably the toughest budget yet for Prime Minister Narendra Modi, as his government navigates the twin challenges of steering the $2.7-trillion Indian...
NEW DELHI: The V-shaped recovery of economic activity continued in October as the index of industrial production (IIP) and eight core sectors inched up...
NEW DELHI: Of the 48 high-frequency economic indicators tracked by the Reserve Bank of India (RBI), 18 remained below pre-Covid levels, while the rest...
NEW DELHI: The banking industry needs to upgrade its IT infrastructure and appoint experienced chief risk officers to effectively deal with incidence of cybercrimes,...
MUMBAI: Close to 60 companies, most of them private equity investors, have shown interest in bidding for the group companies of Reliance Capital (RCap),...
NEW DELHI: India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the...
NEW DELHI: The government has expressed concern over the proposed new umbrella entity for retail payments resulting in a mechanism that is controlled by...
MUMBAI: High incidence of non-performing assets (NPAs) in banks acts as a major roadblock in transmission of monetary policy actions of the Reserve Bank,...