
October 20, 2015 00:31 IST
ED claims officials of BoB indulged in money laundering, claiming duty drawback by over-invoicing, inflating export bills, showing non-existent imports. What are these alleged ways of financial manipulation?
Tue, Oct 20, 2015
October 15, 2015 01:02 IST
It was Yashwant Sinha who first mentioned the sale of assets of Public Sector Undertakings in his interim budget of March 4, 1991.
Fri, Jan 20, 2023
October 13, 2015 04:23 IST
Mistry was appointed by former finance minister Chidambaram in 2005 to work on a blueprint for a global financial centre in Mumbai which could compete with London, Tokyo and Singapore.
Tue, Oct 13, 2015
October 07, 2015 02:13 IST
In a few days, Prime Minister Narendra Modi will inaugurate the fourth terminal of the Jawaharlal Nehru Port Trust, or JNPT, as it is called now.
Wed, Apr 05, 2017
October 02, 2015 01:54 IST
The idea of launching a tax amnesty scheme was helped by the fact that the National Development Council (NDC) had already suggested that the government should think of a scheme to harness black money for productive purposes.
Fri, Jan 20, 2023
September 30, 2015 00:19 IST
Rajan today cut interest rate by 0.50 per cent, double of what was broadly anticipated
Sat, Dec 26, 2015
September 30, 2015 00:16 IST
RBI surprised the markets with a higher-than-expected rate cut of 50 basis points on Tuesday, boosting sentiment and fuelling hope of a revival in demand. SHAJI VIKRAMAN explains the Bank’s decisions.
Sat, Dec 26, 2015
September 29, 2015 14:48 IST
50 basis point cut in the key policy rate, the repo rate, is seen as a booster to sentiment and hopefully will translate into higher demand.
Sat, Dec 26, 2015
September 29, 2015 11:18 IST
The central bank has cut FY16 real GDP growth estimate to 7.4% and expects a pick up towards the latter part of the fiscal.
Fri, Dec 25, 2015
September 28, 2015 11:50 IST
What may have prompted this merger is the over Rs. 5,000 Crore NSEL scam. But, this has long been in the making.
Mon, Sep 28, 2015
September 28, 2015 01:42 IST
A series of ponzi schemes, many of which were linked to plantation schemes, including teak plantations, promised investors very attractive returns.
Fri, Jan 20, 2023
September 22, 2015 02:23 IST
Germany- the world’s fourth largest nation by GDP or national income needs more migrants - some hundred thousands annually considering that it has an aging population.
Tue, Sep 22, 2015
September 22, 2015 01:56 IST
Germany will discuss the concerns of its industry on stability and clarity of policies.
Tue, Sep 22, 2015
September 17, 2015 04:19 IST
For decades before that, UTI Mutual Fund, started through legislation pushed by the then Minister for Economic and Defence Coordination T T Krishnamachari, had had a monopoly.
Wed, Apr 05, 2017
September 12, 2015 06:07 IST
A former SBI chief’s memoir deepens our understanding of economic policy of the ’70s
Sat, Sep 12, 2015
September 10, 2015 00:34 IST
As history shows, schemes without an amnesty on offer have hardly succeeded. The timing also won’t help given that gold prices have been on a southward course since it peaked a couple of years ago.
Fri, Jan 20, 2023
September 03, 2015 00:22 IST
Even though Manmohan Singh had announced, in his famous Budget speech of 1991, to suggest reforms in the financial sector, it was only two years later that the government and RBI decided to implement the report in two stages.
Wed, Apr 05, 2017
August 26, 2015 00:23 IST
When global stocks plunged on Monday after a sell-off in Chinese shares, investors were asking whether the rout in equities, commodities and currencies would be like the last Asian currency crisis in 1997. India weathered that storm, but after Atal Bihari Vajpayee’s government conducted nuclear tests on May 11 and 13, 1998, economic sanctions by […]
Wed, Apr 05, 2017
August 25, 2015 01:12 IST
The central bank managed to add $ 34 billion through inflows from foreign currency deposits and a concessional swap facility for banks.
Tue, Aug 25, 2015
August 20, 2015 15:21 IST
Given India's geographical spread, reach and connectivity, these payment banks can use the mobile platform to provide basic banking transactions through mobile phones.
Thu, Aug 20, 2015
August 19, 2015 00:02 IST
According to the RBI Governor, the country today lacked economists with good grounding in price theory and general equilibrium analysis that are fundamental to economic policymaking.
Fri, Jan 20, 2023
August 13, 2015 03:12 IST
The dilemma for the Commerce Minister was to start off his assignment by announcing the abolition of an export incentive in a Ministry whose aim was to push exports.
Wed, Apr 05, 2017
August 06, 2015 03:57 IST
It was clear to both Manmohan Singh and the RBI that given the severity of the crisis, an immediate, steep devaluation of the rupee was imperative.
Wed, Apr 05, 2017August 06, 2015 03:20 IST
Srikrishna, who headed a group constituted by the finance ministry to review the draft Indian Financial Code (IFC) which has proposed vast changes in the country’s financial architecture.
Thu, Aug 06, 2015
July 30, 2015 03:16 IST
In 2002, an advisory group argued for the creation of a Monetary Policy Committee in India. Much of what it recommended is relevant in the context of the current debate on MPC, based on a revised draft of the Indian Financial Code that was released last week.
Fri, Jan 20, 2023





