Economy & Business
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Sri Lanka Signals Use of Indian Rupee in local transactions
Sri Lanka is considering the use of the Indian rupee for local transactions to strengthen its economy as well as…
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Arun Jaitley meets RBI Deputy Governor, IT Secretary to discuss data localisation policy
Union Finance Minister Arun Jaitley in a meeting with RBI deputy governor BP Kanungo, IT Secretary Ajay Prakash Sawhney, Economic…
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Dual control, a problem in banking industry: YV Reddy
Former Reserve Bank of India Governor, YV Reddy, while addressing the Indian School of Business annual financial conclave ‘Artha 2018’…
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Government may explore rupee-renminbi trade and barter trade for oil purchases
An inter-ministerial panel headed by Union Minister for Commerce and Industry Suresh Prabhu suggested that India could set up a…
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Confident in the resilience of Indian Economy: Arun Jaitley
Union Finance Minister Arun Jaitley, speaking at the Hindustan Times Leadership Summit 2018, expressed confidence in the resilience of Indian…
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Fitch raises India’s growth forecast to 7.8% from 7.4%
In a statement on Friday, Fitch Ratings projected that India will grow at a rate of 7.8%, an increase from…
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RBI Monetary Policy review: In a surprising move RBI keeps repo rate unchanged
The Monetary Policy Committee of the Reserve Bank of India, amid speculation of a hike, decided to hold the repo…
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Trade and investment in Bihar only possible with special status: Nitish Kumar
Bihar Chief Minister Nitish Kumar reiterated demand for grant of special category status and extra Central assistance citing that industry,…
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OYO bags $1 billion in latest round of funding
OYO Hotels, India’s largest hotel chain, has raised $800 million from its existing investors with a commitment for another $200…
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Third largest bank to be formed by merging Bank of Baroda, Vijaya Bank, Dena Bank
The government announced that Bank of Baroda, Vijaya bank and Dena bank will be merged to create third largest commercial…
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