Amid the media reports of ‘cyclical’ slowdown in Indian economy, RBI has brought some good news for the Modi government. The central bank of India has agreed to transfer 1.76 lakh ...
The famous phrase ‘Good Politics makes Bad Economics’ points to the idea of dumping selfish political gains over viable economic policy and the Congress party never made that mistake, as it ...
A development oriented, progressive Budget that was low on rhetoric and high on fiscal consolidation, with Prime Minister Narendra Modi's undeniable stamp written all over it, marked the maiden innings of ...
Former governor of the Reserve Bank of India (RBI) Urjit Patel, ever since having had resigned in December 2018, made his first speech this month at an event in Stanford University, ...
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave the ‘Hindu rate of growth’ to the country. The ...
Punjab National Bank (PNB), one of the largest public sector banks in India, is back in green with spectacular performance in last quarter. It recovered Rs 4,000 crores in the March ...
Modi government has taken many steps for the revival of MSMEs in the previous few years. The credit rules were eased up, regulatory norms have been standardized and tax incentives were ...
In 2014, when BJP registered a sweeping victory, one that was so historical, that it reduced the Indian National Congress to a mere 44 seats. It was not just a plain ...
A few weeks back the report by Confederation of ATM industry (CATMi) claimed that almost one lakh of the existing 2.38 lakh machines face the risk of closure by March next ...
In the last four fiscal years, the public sector banks (PSBs) in the country have recovered Non-Performing Assets (NPAs) worth 2.33 lakh crore. As per the RBI data, the banks recovered ...
Modi government plans to infuse another 300 billion rupees in public sector banks (PSBs) as part of its recapitalization programme. In October last year, the finance ministry announced that it will ...
In the latest step to bring wilful defaulters in the ambit of rule of law, the government has authorized executives of Public Sector Banks (PSBs) to make requests to the ministry ...
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