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Rate cut and incentives needed to boost real estate sector, says Niranjan
Updated : 1 year, 2 months ago IST
Niranjan Hiranandani, managing director of Hiranandani Group, on the sidelines of World Economic Forum (WEF) meetings in Davos, spoke about the measures to boost the real estate sector in India, adding that rate cut and incentives are needed.
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RBI introduces revised framework for ARC-borrower settlements
Updated : 1 year, 2 months ago IST
ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover crucial aspects such as the eligibility cut-off dates for one-time settlements, permissible sacrifices for various exposure categories, and methodologies to determine the realiz
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RBI may revise liquidity management framework, introduce longer-term buy-s
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) is likely to announce significant changes to its Liquidity Management Framework (LMF), according to a report by the State Bank of India (SBI).
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Slump in India's forex reserves continues, hits 10-month low at USD 625.87
Updated : 1 year, 2 months ago IST
India's foreign exchange reserves (Forex) continue to decline, extending their slump for the sixth consecutive week, standing at USD 625.87 billion as of January 10, according to the weekly data released by the Reserve Bank of India (RBI).
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Government Is A Big Ally of Startups in India: SPF's Startup Baithak Pione
Updated : 1 year, 2 months ago IST
New Delhi [India], January 16: Startup Policy Forum (SPF), with the support of the Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India, ended 2-days of Startup Baithak on a high-note, with attendance from dignitaries including Amitabh Kant, G20 Sherpa; Dr Shamik
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SC dismisses plea alleging Kashmiri separatist group's money exchanged by
Updated : 1 year, 2 months ago IST
The Supreme Court has dismissed a petition which alleged that the Reserve Bank of India (RBI) exchanged currency notes worth Rs 30 crores that were defaced by a Kashmiri separatist group in 2013.
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India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report
Updated : 1 year, 2 months ago IST
Inflation in the country is likely to stabilize at an average of 4.3-4.7 per cent in the financial year 2025-26 (FY26), according to a report by PL Capital.
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India's foreign exchange reserves on a decline for over 3 months
Updated : 1 year, 2 months ago IST
India's foreign exchange reserves continue to decline, extending their slump for over three months now. India's forex reserves have slumped thirteen out of the past fourteen weeks, hitting about a 10-month low.
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Industrial growth likely to slow down to 6.2 pc for FY25, revival hoped in
Updated : 1 year, 2 months ago IST
India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
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Higher indebtedness and wealth effect have increased inequality: Report
Updated : 1 year, 2 months ago IST
The report says that higher indebtedness and wealth effect have increased inequality.
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RBI likely to follow the path of shallow rate cut in Feb MPC meeting: Repo
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) may opt for shallow rate cuts in its upcoming Monetary Policy Committee (MPC) meeting in February 2025, says a report by Sharekhan, a capital markets company. This comes amidst a cautious global economic environment.
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Policy support in upcoming budget could help India's growth recover to 7 p
Updated : 1 year, 2 months ago IST
Government's policy support in the upcoming Union Budget 2025 could play a key role in boosting India's economic growth to approximately 7 per cent in FY26, from an expected 6.3 per cent in FY25, says a report by SBI Mutual Fund.
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