Search For "monetary"
Corruption, not India, is biggest threat to CPEC, says expert
Updated : 8 years, 5 months ago IST
New York [U.S.A.], October 13 (ANI): Corruption, and not India, is the biggest threat for the multi-billion-dollar project, the China Pakistan Economic Corridor (CPEC), says an expert.
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FICCI President to lead CEOs delegation accompanying Jaitley to US
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 9 (ANI): A high-powered business delegation led by Pankaj R Patel, President, FICCI and Chairman and Managing Director, Zydus Cadila - Cadila Healthcare Ltd. is accompanying Union Finance Minister Arun Jaitley to the United States on his official visit from October 10
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Jaitley to leave on week-long official visit to US tomorrow
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 8 (ANI): Union Finance Minister Arun Jaitley will be on an official visit to the United States from tomorrow. During the week-long visit, Jaitley is expected to participate in several meetings, including the annual meetings of the World Bank and International Monetary
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India's economy will get on track soon: World Bank
Updated : 8 years, 5 months ago IST
Washington DC [U.S.A.], Oct. 6 (ANI): World Bank President Jim Yong Kim said the recent slowdown in India's economic growth is an "aberration" caused by temporary disruptions in preparation for the Goods and Service Tax (GST) and asserted that it will get corrected in the near future.
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RBI disappoints by keeping its rates unchanged: FICCI
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Commenting on the monetary policy announced today President FICCI, Pankaj Patel has said that FICCI is disappointed that the MPC has chosen to hold the repo rate and not reduce it. FICCI had sought a 100 bps reduction in interest rate.
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ASSOCHAM for relaxing fiscal deficit target, reduction of interest rates b
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 1 (ANI): Amidst concerns over slowdown in growth due to the transient disruptions in the economy following the implementation of the Goods and Services Tax (GST)and the remaining over-hang of demonetisation, India Inc is looking up to the government to take a few 'out
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Limited room for rate cut if inflation target is to be achieved: SBI repor
Updated : 8 years, 5 months ago IST
New Delhi [India], Sept 27 (ANI): The State Bank of India (SBI) in its report authored by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser stated that if the Reserve Bank of India (RBI) moves towards the four percent inflation target in January 2018 as was suggested earlier, there would
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Andhra CM hails Centre's monetary sanction for Polavaram project
Updated : 8 years, 5 months ago IST
Amravati (Andhra Pradesh) [India], September 19 (ANI): Andhra Pradesh Chief Minister N Chandrababu Naidu said that the Government of India has released Rs. 3350 crores for Polavaram project and will give additional amount of Rs. 3850 crores soon for the national project.
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Macron calls for the creation of European Monetary Fund to solve debt cris
Updated : 8 years, 6 months ago IST
Athens [Greece], September 11 (ANI):French President Emmanuel Macron has called for the creation of a new European Monetary Fund to handle European financial affairs in future.
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Economic Survey Part II: Growth in tax revenue achieved by Centre
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug 11 (ANI): Highlighting monetary management and financial intermediation, the Economic Survey Part II, tabled in the Parliament here today reflected strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of non-salary or pension rev
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RBI imposes monetary penalty on Union Bank of India
Updated : 8 years, 6 months ago IST
New Delhi [India], July 31 (ANI): The Reserve Bank of India (RBI) had earlier this week imposed a monetary penalty of Rs. 10 million on Union Bank of India for non-compliance with the directions issued by the apex bank on Know Your Customer (KYC) norms.
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ASSOCHAM urges RBI to slash interest rates due to low inflation
Updated : 8 years, 6 months ago IST
New Delhi [India], July 30 (ANI): Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of India (RBI) Governor Urjit Patel, stressing on the need to cut at least 25 basis points in the policy interest rate, a
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