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Reserve Bank of india, RBI, monetary policy, financial policies, the inflation rate, FSLRC, RBI Governor, indian express expalined, ie expalined, India news, nation news,

RBI move to help revive stalled projects, NBFC loan restructuring norms eased

The central bank had earlier extended many sops for bank funding of stalled projects.

Profits of 4 more PSU banks fall on rising bad loans

Punjab National Bank, Union Bank and Bank of India have together reported NPAs of Rs 66,430 crore in the June quarter as against Rs 42,467 crore a year ago, which is a rise of 56 per cent.

Legal sector to be opened for FDI via proprietary Cos

According to the proposal, foreign legal firms would be allowed to be invest in a partnership firm or a proprietary concern.

NITI Aayog, NITI AAYOG Chief Economist, Chief Economist post, India economy, India economic policy, National Institute for Transforming India, India latest news

States may get 25% of CSS corpus with no strings attached

If accepted, the move is expected to add untied funds to the tune of approximately Rs 42,000 cr into the state kitty in the current financial year.

Top tech firms denied permission to import second hand equipment

The ministry’s rationale for denial is that the vintage and residual life of such refurbished electrical and electronic equipment (EEE) imports would later add to the e-waste burden of the country.

High court pulls up Singhania junior

The court was hearing a case filed by Vijaypat Singhania’s grandchildren who have challenged a 1998 settlement agreement between Singhania, owner of Raymond Group and his son, Madhupati Singhania.

RBI on NPAs ‘Bad loan levels stable, but we are watching’

Central bank: Only way is to adopt correct biz practices.

General Motors to pull out of Gujarat to stem mounting losses

In a bid to stem mounting losses, US-based auto major General Motors on Wednesday said it will restructure operations at its Indian subsidiary by ceasing operations at its facility in Halol, Gujarat and instead invest in consolidating operations at its other unit in Talegaon, Maharashtra. GM is the first major auto maker in the last […]

Statistics Act Govt planning to include J&K in amendments

The state at present has its own legislation and is not included in the Collection of Statistics Act, 2008 of the Centre.

Cabinet okays GST amendments, states to get compensation for 5 yrs

Other decisions: Foreign investments in AIFs, Consumer Protection Bill cleared.

High Court passes decree against Ark Imports, says NSEL

NSEL and its directors have been under the scanner of multiple investigative agencies in the country.


Overall PSB NPAs at 6.8% Profits of three PSUs banks plummet on higher bad loans

PNB’s gross NPA rose to 6.47% in the June quarter from 5.48% in the year ago.

coal block allocation scam cases, coal scam, Prevention of Corruption Act, Corruption, coal block allocation scam, ministry of coal, india news, news

Non-coal mine auctions Centre to deploy officials to push state preparedness

17 states have together lined up 120 non-coal mineral blocks spread over 26,120 hectares for auctions, but the ground situation is that they are not fully prepared to execute them.

Strategic stake sales: Ministries asked to line up a list of PSUs

The Union Budget has set a target of Rs 69,500 crore from disinvestment in public sector unit this fiscal.

Centre to fix 75% cap to tighten premature EPF withdrawals

EPFO also plans to raise the age for withdrawal of up to 90 per cent of the accumulation from the current limit of 54 years to 57 years