Industries

RBI Retains Real GDP Growth At 9.5% For 2021-22

RBI Retains Real GDP Growth At 9.5% For 2021-22

Edited by Animesh Singh | Friday August 06, 2021

RBI Governor Shaktikanta Das: Real GDP growth retained at 9.5 per cent for current fiscal, consisting of 21.4 per cent in the first quarter.

RBI Monetary Policy Highlights: Key Rates Steady, Inflation Forecast Raised To 5.7%

RBI Monetary Policy Highlights: Key Rates Steady, Inflation Forecast Raised To 5.7%

Edited by Nikita Prasad | Friday August 06, 2021

RBI MPC Meet Highlights: RBI Governor Shaktikanta Das-led Monetary Committee maintained the status quo for the seventh time in a row, keeping the lending rates steady

Airports Authority Revenue Saw 70% Fall Between June Quarters Of 2019-20 And 2021-22

Airports Authority Revenue Saw 70% Fall Between June Quarters Of 2019-20 And 2021-22

Edited by Animesh Singh | Thursday August 05, 2021

According to Ministry of Civil Aviation, even footfalls across 97 Indian airports between January 2021 and July 2021 saw a decline of 40 per cent.

Adani Group To Take Over Airports Of Jaipur, Guwahati And Thiruvananthapuram In 3 Months

Adani Group To Take Over Airports Of Jaipur, Guwahati And Thiruvananthapuram In 3 Months

Edited by Animesh Singh | Thursday August 05, 2021

Centre informed Parliament that Adani Group has been given three-months extension to take over airports of Jaipur, Guwahati and Thiruvananthapuram.

Six Years After Launch, Only 46% Projects Completed Under Smart Cities Mission

Six Years After Launch, Only 46% Projects Completed Under Smart Cities Mission

Reported by Animesh Singh | Thursday August 05, 2021

Six years after the Smart Cities Mission was launched by the Centre, only 46 per cent out of the 6,000-odd projects tendered, have been completed.

RBI Extends Deadline For Complying With Current Account Rules Till October 31, 2021

RBI Extends Deadline For Complying With Current Account Rules Till October 31, 2021

Edited by Animesh Singh | Wednesday August 04, 2021

The aim behind RBI's move was to stop the practice where companies normally take loans from public banks but ran current accounts with private banks.

Centre Passes Bill To Provide Support To Depositors Of Stressed Banks

Centre Passes Bill To Provide Support To Depositors Of Stressed Banks

Press Trust of India | Wednesday August 04, 2021

The Bill proposes that even if a bank is temporarily unable to fulfil its obligations due to restrictions such as moratorium, depositors can access their deposits to the extent of the deposit insurance cover through interim payments by the Deposit Insurance and Credit Guarantee Corporation.

RBI Likely To Maintain Status Quo On Interest Rates, Revise Inflation Outlook

RBI Likely To Maintain Status Quo On Interest Rates, Revise Inflation Outlook

Edited by Nikita Prasad (With inputs from Agencies) | Wednesday August 04, 2021

RBI Monetary Policy August 2021: In a recent poll by news agency Reuters, all 61 economists who took part in the survey see no change in the repo rate which has been steady at four per cent since May last year.

RBI Cautions People Not To Fall Prey To Fraudsters Using Its Name

RBI Cautions People Not To Fall Prey To Fraudsters Using Its Name

Edited by Animesh Singh | Wednesday August 04, 2021

RBI has advised people to remain cautious and not to fall prey to elements using the name of RBI to extract money through fraudulent offers.

Government Considering Moratorium On Spectrum Payment

Government Considering Moratorium On Spectrum Payment

Edited by Animesh Singh | Wednesday August 04, 2021

Aiming to help financially stressed telecom companies, the Centre is learnt to be mulling offering a moratorium to them on spectrum payments.

Inflation Concerns May Help RBI Maintain Status Quo On Key Rates

Inflation Concerns May Help RBI Maintain Status Quo On Key Rates

Reported by Animesh Singh | Tuesday August 03, 2021

RBI Monetary Policy: Global commodity prices, easing of lockdowns in states are some of the factors that could impact committee's views on key rates.

RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity

RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity

Reuters | Tuesday August 03, 2021

Nursing an economy recovering after deadly second coronavirus wave, the RBI is expected to leave interest rates at record lows on Friday.

Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre

Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre

Edited by Animesh Singh | Monday August 02, 2021

Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.

Indian Railways Records Highest-Ever Freight Loading In July 2021

Indian Railways Records Highest-Ever Freight Loading In July 2021

Edited by Animesh Singh | Monday August 02, 2021

Indian Railways has achieved highest ever incremental freight loading of 17,54 million tonnes in July 2021.

No Proposal Received From Cairn To Resolve Tax Dispute, Says Government

No Proposal Received From Cairn To Resolve Tax Dispute, Says Government

Edited by Animesh Singh | Monday August 02, 2021

Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.