Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.

October 02, 2020 04:15 IST
In its latest set of cash management measures, the government has removed spending curbs on defence services and fertilisers, while retaining the restrictions for most other categories.
Fri, Oct 02, 2020
September 30, 2020 04:01 IST
The priority, the sources said, will be vetting documents and agreements of companies in the information technology and finance sector. The scope of the probe will, however, be expanded in time to cover other strategic and non-strategic sectors.
Wed, Sep 30, 2020
September 30, 2020 03:05 IST
He said the Commission, in the backdrop of Covid-19 pandemic and its impact on the economy, is debating whether there is a need for a different approach in determining the targets for fiscal deficit and debt consolidation.
Wed, Sep 30, 2020
September 30, 2020 02:45 IST
Monetary Policy Committee is the statutory committee that fixes the key policy interest rate and monetary policy stance of the country as well as the inflation target.
Mon, Oct 05, 2020
September 29, 2020 04:34 IST
The MPC is a statutory committee that fixes the key policy interest rates and monetary policy stance of the country as well as the inflation target.
Tue, Sep 29, 2020
September 27, 2020 04:33 IST
The Commission is also debating whether the government should follow a particular “range” on issues of fiscal deficit and debt levels, instead of the “fixed point” targets currently prescribed.
Sun, Sep 27, 2020
September 22, 2020 08:03 IST
NHAI's InvIT will be a Trust established under the Indian Trust Act, 1882 and SEBI regulations. The InvIT Trust will be formed with the objective of investment primarily in infrastructure projects.
Tue, Sep 22, 2020
September 18, 2020 01:25 IST
Prices rose steadily for over a year, and gold gave good returns. It is advisable to invest on a periodic basis through gold bonds. Many experts feel gold will continue to be strong for some time now.
Sun, Sep 27, 2020
September 17, 2020 02:07 IST
While the Bill seeks to bring cooperative banks under the supervision of the RBI, Finance Minister Nirmala Sitharaman asserted that the proposed legislation does not mean regulation of cooperative banks by the central government.
Thu, Sep 17, 2020
September 17, 2020 01:26 IST
Mudra loan disbursements by state-owned banks rose to Rs 3.82 lakh crore in 2019-20, from Rs 3.05 lakh crore in 2018-19 and Rs 2.12 lakh crore in 2017-18. NPAs as a percentage of total loans rose to 4.92 per cent in 2019-20 from 3.42 per cent in 2017-18.
Thu, Sep 17, 2020
September 13, 2020 03:51 IST
While the over 3% agriculture growth in the first quarter factored in strong Rabi procurement, with high-price realisations getting reflected in the output numbers, fresh data from mandis indicate a slide in the prices of the intercrop produce — horticulture, milk and poultry etc.
Sun, Sep 13, 2020
September 11, 2020 04:15 IST
The Kamath committee noted that corporate sector debt worth Rs 15.52 lakh crore has come under stress after Covid-19 hit India, while another Rs 22.20 lakh crore was already under stress before the pandemic.
Sun, Sep 13, 2020
September 09, 2020 04:24 IST
NBFCs, however, say that while short-term liquidity has gone up significantly in July and August, it won’t result in credit flow in the economy.
Wed, Sep 09, 2020
September 07, 2020 00:39 IST
Data from the RBI shows that in the 15-month period, the weighted average lending rates on outstanding rupee loans has come down by only 53 bps or almost one-fifth of the cut in repo rate — the rate at which the RBI lends to commercial banks.
Mon, Sep 07, 2020
September 04, 2020 04:25 IST
KYC, due diligence eased for Singapore, Indian regulators to share information
Fri, Sep 04, 2020
September 04, 2020 03:35 IST
Rural development spending, for instance, rose 145.4 per cent to Rs 1,02,096.5 crore in April-July 2020, from Rs 41,589.2 crore in April-July 2019.
Fri, Sep 04, 2020
September 03, 2020 03:40 IST
In the wake of record GDP contraction, experts, including the Reserve Bank of India (RBI), noted that a government-led spending push is needed for revival of the economy.
Thu, Sep 03, 2020
September 02, 2020 00:58 IST
For recast of corporate loans, the modalities will be worked out after an expert panel, led by KV Kamath, submits its report to the RBI.
Wed, Sep 02, 2020
September 01, 2020 01:11 IST
Equity markets, which are being driven largely by global liquidity and expectations of normalcy returning to the markets, may remain cautious after sharp falls on Monday, following news of Chinese aggression at the Indian borders, market analysts said.
Tue, Sep 01, 2020
August 31, 2020 03:39 IST
Much of this funding is being frontloaded for disbursal in the current year as an emergency response to the impact of the pandemic; some of the loan will likely come in 2021-22, government sources said.
Mon, Aug 31, 2020
August 31, 2020 03:15 IST
The sharp surge in equity and currency markets in recent period has also given rise to ‘caution’ among the regulators regarding the challenges that could surface in case of sudden flight of capital.
Mon, Aug 31, 2020
August 26, 2020 04:15 IST
As investment activity has further weakened in the economy, the RBI has suggested “targeted public investment” funded by asset monetisation and privatisation of major ports as a viable way to revive the economy.
Wed, Aug 26, 2020
August 22, 2020 01:10 IST
“The structure of the scheme allows periodic issuances. Fresh subscription will most likely happen in October as of now, this is as per the periodicity specified in scheme itself,” a senior government official told The Indian Express.
Sat, Aug 22, 2020
August 18, 2020 03:00 IST
Only loan accounts that are in default for not more than 30 days as on March 1, 2020, are eligible for one-time restructuring.
Tue, Aug 18, 2020
August 16, 2020 00:43 IST
Of the total 22.77 lakh loan accounts which received disbursement under the scheme, public sector banks (PSBs) catered to 19.84 lakh crore — or 87.1 per cent of total accounts — while remaining 2.93 lakh accounts — or 12.9 per cent — were served by private banks and non-banking financial companies (NBFCs).
Sun, Aug 16, 2020


