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'By the end of this year, our temples' funds will be empty'

'So far we have paid our salaries and pension in full because we had some reserve fund.''But we cannot afford to do so for more than another three months.' IMAGE: The Lord Ayyappa temple in......

Why BJP doesn't want temple gold to be pledged to RBI

'The Sangh Parivar's position is that whatever gold that is there in a temple should remain there. It shouldn't be taken away by anyone.''See, we are not misappropriating anything; we are only......

Assam polls: AASU-AJYCP's party plans to contest 80-100 seats

The political party to be launched by the All Assam Students' Union (AASU) and Asom Jatiyatabadi Yuva Chhatra Parishad (AJYCP) will contest 80-100 seats in the assembly elections in Assam......

Subterfuge: Mamata writes to PM over GST

West Bengal Chief Minister Mamata Banerjee on Wednesday wrote to Prime Minister Narendra Modi that depriving states of Goods and Services Tax compensation is an "attempt to undermine federalism"......

Parl panel on home affairs meets for record 5 hrs on Covid management

The Parliamentary Standing Committee on Home Affairs set a record on Thursday by discussing various aspects of the COVID-19 pandemic and its handling in the National Capital Territory of Delhi for......

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better. Shareholders of Thrissur-based Dhanlaxmi Bank on......

India's external debt decreases to $554.5 bn in Q1: RBI

India's external debt stood at $554.5 billion at end-June, recording a decrease of $3.9 billion over its level at the end of March 2020, the RBI said on Wednesday. Further, the external debt to......

Govt to borrow Rs 4.34 lakh cr in H2 of 2020-21

The finance ministry on Wednesday said the government will borrow Rs 4.34 lakh crore in the second half of the current fiscal to meet its expenditure requirement amid COVID-19 crisis afflicting the......

India among world's worst performing economies: Abhijit Banerjee

Stating that India's economic stimulus was not adequate, Banerjee said, the measures did not increase consumption spending of lower income people as the government was not willing to put......

DHFL case: Auditor flags fake deals worth Rs 12,705 cr

This pertains to certain irregularities in loan disbursements towards the development of two Slum Rehabilitation Authority projects undertaken by the company in the past. Fraudulent transactions......

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RBI's new debit card, credit card rules to be effective from October 1...

RBI's new debit card, credit card rules to be effective from October 1... ...

http://www.dnaindia.com/india/video-rbi-s-new-debit-card-credit-card-rules-to-be-effective-from-october-1-all-you-need-to-know-2846695

Madras HC upholds RBI circular on AT 1 bonds

Yes Bank's AT1 bonds worth Rs 8415 crore were written down to zero in March as part of a government approved restructuring plan for the insolvent... ...

https://economictimes.indiatimes.com/markets/bonds/yes-bank-case-madras-hc-uphelds-rbi-circular-on-at-1-bonds/articleshow/78430703.cms

Ex RBI deputy governor Viral Acharya

The RBI has by and large been successful in keeping inflation within the mandated 2-6 percent range. But the flexible inflation targeting policy... ...

https://www.moneycontrol.com/news/business/india-must-persevereflexible-inflation-targeting-ex-rbi-deputy-governor-viral-acharya_14327541.html

Banks to stay closed on these 14 days

According to RBI guidelines, banks remain closed on public holidays besides second and fourth Saturdays, and Sundays. Some holidays are regional... ...

https://www.hindustantimes.com/india-news/bank-holidays-in-october-2020-here-are-days-on-which-banks-will-stay-closed/story-0bzMNuLGX4bEcQy6ekrUqN.html

RBI

The annual growth in city wise HPI varied from an increase of 16.1 percent in Bengaluru to a contraction of 6.7 percent in Delhi, the apex bank said ...

https://www.moneycontrol.com/news/real-estate/house-price-index-increases-by-28-onannual-basis-rbi_14326281.html

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