RBI
RBI allows India Post, 10 other entities to set up payments banks
19 Aug 2015
Energy-to-telecoms conglomerate Reliance Industries, Bharti Airtel, Vodafone and a joint venture of Aditya Birla Nuvo and Idea Cellular are also among successful applicants
RBI holds rates as food prices surge
04 Aug 2015
Reserve Bank today decided to keep the policy repo rate at which it lends to banks and the cash reserve ratio (CRR) of scheduled banks unchanged at 7.25 per cent and 4.0 per cent, respectively
Revised financial sector code aims to clip RBI’s wings
24 Jul 2015
As per the revised financial code, the seven-member Monetary Policy Committee, with just three representatives from the RBI will decide on the monetary policy and the RBI governor will have no veto power – only a second casting vote
RBI allows NRIs to subscribe to chit funds
12 Jun 2015
India secures top rating in all financial market norms
11 Jun 2015
In the latest global 'assessment study' of the regulatory framework for financial market infrastructures across the world, only six countries - India, Australia, Brazil, Hong Kong, Japan and Singapore - have got the highest score of '4' for all eight parameters on a scale of one to four
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
RBI survey pegs current year economic growth at 7.8%
04 Jun 2015
Forecasters expect growth in gross value addition (GVA) at basic prices to improve gradually from 7.5 per cent in the first quarter of 2015-16 to 8.4 per cent in the corresponding quarter of 2016-17
Rajan relents, cuts repo rate by 0.25 percentage points
02 Jun 2015
The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates
India needs to open up further for capital account convertibility
18 May 2015
Sound policies, robust regulatory framework promoting a strong and efficient financial sector, and effective systems and procedures for controlling capital flows greatly enhance the move toward convertibility, said RBI executive director G Padmanabhan
RBI clears decks for contactless payment system
15 May 2015
Small farmers to benefit as RBI widens priority sector lending coverage
24 Apr 2015
While major foreign banks are already covered by the priority sector lending norms, smaller foreign banks too will have to meet the lending target over the next five years
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In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
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COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
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India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation