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Slump in GDP 'Modi-made disaster', says Congress

The Congress on Friday hit out at the government, saying the slump in gross domestic product (GDP) is a 'Modi-made disaster', and demanded that a financial emergency be declared in the country.......

Mamata says Govt silencing voices of dissent in Kashmir

West Bengal Chief Minister Mamata Banerjee on Wednesday charged the Centre with using 'brute force' to 'scuttle' the voices of dissent in the Kashmir Valley. She also hit out at the government for......

Should've asked Cong FMs: Sitharaman on Rahul's RBI remark

Rebutting the allegations of 'stealing' money from the central bank, finance minister Nirmala Sitharaman on Tuesday said the Congress leader should have had consulted his own past finance......

Stealing from RBI will not work: Rahul

Congress leader Rahul Gandhi on Tuesday hit out at the government over the record cash transfer by the Reserve Bank of India, saying the prime minister and the finance minister are "clueless" about......

FIR against Ajit Pawar in Maharashtra Bank scam

Mumbai Police on Monday registered an FIR against senior Nationalist Congress Party leader and former deputy chief minister Ajit Pawar and 70 former functionaries in the Maharashtra State......

Day after: Corporate tax relief may worsen fiscal deficit

The immediate revenue loss could worsen the Centre’s fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point......

Tax cuts: SBI says India Inc will save over Rs 50K cr

The benefit coming in from the Rs 1.45 lakh crore tax giveaways will also help companies to cut prices by up to 5 per cent to boost consumer demand, which has been sagging and is one of the prime......

Sitharaman cuts corporate tax to China's level, 'historic' says PM

In the biggest reduction in 28 years, the government on Friday slashed corporate tax by almost 10 percentage points as it looked to pull the economy out of a six-year low growth and a 45-year high......

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of “loan mela” to boost credit by directing banks to lend to people......

RBI gets 100 applications for Viral Acharya's post

Nearly 100 candidates have applied for the post of deputy governor of the Reserve Bank of India (RBI) -- a position that fell vacant after Viral Acharya resigned six months before the scheduled end......

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Moody's

The Reserve Bank of India (RBI) Housing Finance Committee's recent recommendations on Indian residential mortgage-backed securities (RMBS) have the... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=627529

Will the RBI cut rates after the Centre’s big stimulus?

While domestic inflation and growth trends offer headroom for cuts, fiscal expansion is a dampener ...

https://www.thehindubusinessline.com/money-and-banking/will-the-rbi-cut-rates-after-the-centres-big-stimulus/article29489874.ece

RBI committee recommendations to be credit positive for RMBS

In May this year, the RBI had set up a committee on the development of housing finance securitisation market to review the state of the... ...

https://www.moneycontrol.com/news/economy/rbi-committee-recommendations-to-be-credit-positive-for-rmbs_13009521.html

DBS expects modest rate cut at RBI#39;s MPC meeting in October

"With this fiscal boost focused on investment revival and not consumption (hence not inflationary), we reckon that the RBI MPC might proceed with a... ...

https://www.moneycontrol.com/news/economy/dbs-expects-modest-rate-cut-at-rbi39s-mpc-meetingoctober_13009301.html

India’s sends up the monetary helicopters but will the gamble work

New Delhi has unilaterally sent up the helicopter. Keeping it afloat will implicitly become the RBI’s job. Bloomberg | Updated: Sep 23, 2019,... ...

https://economictimes.indiatimes.com/news/economy/policy/corporate-tax-cut-indias-sends-up-the-monetary-helicopters-but-will-the-gamble-work/articleshow/71255542.cms

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