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CRR effect: Even as public pours in cash, banks scramble to manage liquidity
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a......
How rains hold the key to India's 7.9% growth this fiscal
Financial inclusion through initiatives like Jan Dhan and digitisation, among others, will also potentially have a transformative impact on the economy's growth. Indian economy is likely to grow......
Turnaround in economy? No sign yet, says Crisil
Fiscal 2017 which will mark the mid-point of the Modi government will be closely watched for its success in getting the pending big ticket reform bills. Ratings agency Crisil has said that......
'India's growth faces more domestic than global obstacles'
Image: Locals prepare to collect coal from an open cast coal field at Dhanbad district in Jharkhand. Photograph: Ahmad Masood/Reuters Domestic factors are a bigger constraint for India's shift......
Don't be fooled by India's fastest-growing economy tag
New GDP math sends high-frequency indicators out of whack, notes Malini Bhupta India is set to exit FY15 as the second largest largest BRIC economy this year, as the GDP hits $2 trillion. The......
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