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'RBI is buying time'

'RBI can only take care of survival, not recovery.' Illustration: Dominic Xavier/Rediff.com Dr Pronab Sen, former chairman of the Indian Statistical Commission, tells Prasanna D......

'Lockdown-like' restrictions come into force in Maharashtra

The tough new measures announced by the Maharashtra government for the next 15 days to break the COVID-19 transmission chain came into force on Wednesday night with Chief Minister Uddhav Thackeray......

Thackeray announces fresh Covid curbs, sops for needy

As Maharashtra reels under a severe Covid-19 wave, the Maha Vikas Aghadi government on Tuesday announced a over 15-day-long state-wide curfew from April 14, entailing stricter curbs on public......

New restrictions in Maha from Wednesday. What's allowed and what's not

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being......

Maha curbs: Fruit vendors, security services exempted

Petrol pumps, government and private security services, and fruit vendors among others have been added to the list of essential services being exempted from the ambit of the strict curbs that came......

Total vehicle registrations in India slip 30% in 2020-21: FADA

The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations......

Why Citi is exiting India

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

Sensex jumps 296 pts to recapture the key 49,500-level

L&T was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Dr Reddy's, Sun Pharma, NTPC, IndusInd Bank, PowerGrid, ONGC and M&M. NSE Nifty jumped 119.20 points to 14,942.35.......

Economic activity down in April, May but shock less severe than 2020: Fitch

Fitch Ratings on Monday said the shock to economic activity from the latest wave of COVID-19 pandemic will be less severe than the one in 2020, but recovery is likely to be delayed as economic......

MSMEs need help again but not the way govt did last time

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.......

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RBI modifies norms for undertaking govt business by private banks

In view of the lifting of the embargo, the RBI has decided to revise the framework for authorising Scheduled Private Sector Banks as agency banks... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-modifies-norms-for-undertaking-govt-business-by-private-banks/articleshow/82530683.cms

RBI

Banks seeking fresh approval from RBI for government agency businesses should be healthy and are not under prompt corrective action framework or... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/private-banks-allowed-to-undertake-agency-jobs-for-central-and-state-govts-without-any-fresh-approval-rbi/articleshow/82530826.cms

FADA

The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years,... ...

http://www.rediff.com/money/report/auto-total-vehicle-registrations-slip-30-in-2020-21-fada/20210510.htm

SBI Research

Currently, the rupee has been trading with an appreciating bias in the spot market while rising premia in the forwards markets are signalling a... ...

https://economictimes.indiatimes.com/markets/forex/rupee-gets-defiant-may-put-rbi-in-a-tight-spot-sbi-research/articleshow/82520531.cms

MSMEs need help again but not the way govt did last time

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a... ...

http://www.rediff.com/money/report/msmes-need-help-again-but-not-the-way-govt-did-in-2020/20210510.htm

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