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What CMs told PM Modi during video meet on COVID-19

Prime Minister Narendra Modi on Monday held a video conference with chief ministers on Monday on ways to strengthen the COVID-19 containment strategy and stepping up of economic activities in a......

Coming Soon: A Naya Rahul!

'A concerted attempt is afoot to try and create a new image of an intelligent man who knows what he is talking about and is far from the person that his critics in the media and Opposition have......

India's COVID-19 toll rises to 169; total cases 5,865

The death toll due to the novel coronavirus rose to 169 and the number of cases climbed to 5,865 in the country on Thursday, registering an increase of 591 cases and 20 deaths in the last 24 hours,......

India's forex reserves at all-time high of $490 billion

The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week ending May 22, mainly on account of a rise in foreign currency assets, RBI......

TN's EPS woos investments amid Covid, but is the environment friendly?

In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to......

Why RBI said no to NBFCs with funds from Mauritius

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak......

'A good chunk of 70 million small businesses will be shuttered'

'Several businesses like entertainment, hospitality, travel etc would never be the same again.' Illustration: Dominic Xavier/Rediff.com Subhash Garg, former Union finance and economic affairs......

Govt to discontinue 7.75% taxable savings bonds scheme

The bonds were available for seven years. Since these were not traded in the secondary market, redemption took place at maturity. The government will no longer sell its savings bonds that provided......

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RBI slaps Rs 4 cr penalty on Citibank for non-compliance of regulations

Sat, May 30 2020 10:08:32 AM Mumbai, May 30 (IANS): The Reserve Bank of India (RBI) has imposed a fine of Rs 4 crore on Citibank for non-compliance... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=713940

Appreciate difficulties of PMC bank depositors on moratorium on withdrawals, Delhi HC to Centre, RBI

A bench of Chief Justice D N Patel and Justice Prateek Jalan said upon receipt of any representation from any individual or group of depositors in... ...

https://www.moneycontrol.com/news/business/appreciate-difficultiespmc-bank-depositorsmoratoriumwithdrawals-delhi-hc-to-centre-rbi_13838041.html

Crisil

The company is expected to undertake cash preservation measures such as reduced capital expenditure (capex) and limited dividend payout in FY21,... ...

https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/limited-impact-on-vedanta-operations-due-to-coronavirus-lockdown-crisil/articleshow/76092523.cms

TN's EPS woos investments amid Covid, but is the environment friendly?

In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for... ...

http://www.rediff.com/money/column/eps-woos-investments-but-is-the-environment-friendly/20200529.htm

Report

At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro... ...

https://www.moneycontrol.com/news/economy/government-mulls-further-measures-for-nbfcs-markets-report_13836701.html

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