Post Tagged with: "India Budget"

Examine RBI?s powers, role, says House panel

Examine RBI?s powers, role, says House panel

NEW DELHI: A parliamentary panel has recommended setting up of a to evaluate the role, powers and authority of the Reserve () and has said it expects the central bank to provide a coherent road map for 11 public sector banks (PSBs) to come out of its prompt corrective action […]

Former Sebi chief to head RBI panel on MSMEs

Former Sebi chief to head RBI panel on MSMEs

MUMBAI: The on Wednesday set up an expert committee under former chairman U K Sinha to suggest long-term solutions for the economic and financial sustainability of the micro, small and medium enterprises (MSME) sector. The RBI announced the panel a day after it allowed a one-time restructuring of existing debt […]

India‘s retaliatory tariffs to hit US exports: Report

India‘s retaliatory tariffs to hit US exports: Report

WASHINGTON: India‘s proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly $900 million, according to the latest Congressional report. India last year announced higher import duties on many US products like apples, almonds, walnuts, chickpeas and lentils […]

Sensex dives 363 points to end below 36,000-mark

Sensex dives 363 points to end below 36,000-mark

NEW DELHI: finished the second trading day of 2019 in red with the benchmark crashing over 350 points amid heavy selloff in metal and auto stocks. Sensex plunged 363 points or 1 per cent to close at 35,892, while the broader shed 118 points or 1.08 per cent to end […]

Govt clears merger of Dena, Vijaya Bank with BoB

Govt clears merger of Dena, Vijaya Bank with BoB

NEW DELHI: The Union Cabinet on Wednesday approved the first-ever three-way merger in the history of Indian banking with the amalgamation of state-owned , and (BoB). “There will be no impact on the service conditions of the employees and there will be no retrenchment following the merger,” Union law minister […]