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Shaktikanta Das Appointed New RBI Governor

The government on Tuesday appointed Shaktikanta Das, who as Economic Affairs Secretary steered the monetary situation post-demonetisation, as the new RBI Governor, a day after Urjit Patel resigned amidst a tiff with the government on the RBI's autonomy.....


 

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Mallya Extradition: Indian Mission In Touch With UK Authorities

After a court in Britain ordered the extradition of Indian industrialist Vijay Mallya to stand trial on charges of committing a Rs 9,000-crore bank loan fraud, the Indian High Commission in London is in touch with British authorities, with the case now in the hands of British Home Secretary, a senior official said on Thursday.....


 

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RBI To Carefully Consider Liquidity Inducing Measures: Governor Das

Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become "loose money" and the apex bank would excercise the measures with caution.....


 

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India Is A Bright Spot In Global Economy: Vice President

Vice President M. Venkaiah Naidu on Saturday said a steady growth rate of almost 7 per cent coupled with a series of reforms made India the most favourite destination for investments in the world.....


 

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India's December Wholesale Inflation Eases To 3.80%

India's annual rate of inflation based on wholesale prices eased to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed here on Monday.....


 

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Petrol, Diesel See Big Price Hikes On Sunday

State-run oil marketing companies increased petrol rates by 23 paise per litre while diesel prices went up by 29-31 paise across the four major metros, making it among the sharpest hikes ever since rates had been rising this month following a prolonged period of fall. ....


 

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CBI Books VN Dhoot, Chanda Kochhar; Raids In Videocon-ICICI Bank Loan Case

The CBI on Thursday raided four locations here in connection with a Rs 3,250 crore loan involving the Videocon Group and ICICI Bank, sources said here. ....


 

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It Could Be A Please-all Budget On Friday

Finance Minister Piyush Goyal will present the Interim Budget in the Lok Sabha on Friday that could virtually be a full-fledged budget of the Modi government ahead of the Lok Sabha elections in which tax sops for the middle class and the corporates could be expected along with a relief package to address agrarian distress and the stressed small scale industry sector.....


 

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Robert Vadra Quizzed By ED For Over Six Hours, Called Again On Thursday

Four days after a Delhi court ordered Robert Vadra to join the Enforcement Directorate (ED) investigation, the brother-in-law of Congress President Rahul Gandhi on Wednesday afternoon appeared before the agency which questioned him for around six hours in a money laundering case and asked him to join the probe again on Thursday.....


 

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India's January WPI Eases To 2.76 Per Cent

India's annual rate of inflation based on wholesale prices eased to 2.76 per cent in January from 3.02 per cent reported for the corresponding month of 2018, official data showed on Thursday.....


 

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