RBI hikes repo rate by 25 basis points as inflation rises, interest on loans to go up

RBI hikes repo rate by 25 basis points as inflation rises, interest on loans...

The Reserve Bank of India (RBI) on Wednesday, June 6, hiked the key lending or repo rate by 25 basis points to 6.25 per...
Fund of funds created for startups, says PM Modi in interaction with prospective entrepreneurs

Fund of funds created for startups, says PM Modi in interaction with prospective entrepreneurs

Prime Minister Narendra Modi on Wednesday, June 6, said the government is taking several steps to promote young entrepreneurs in the country, adding that...
1 Paisa cut in petrol, diesel prices after daily hikes for 16 days

1 Paisa cut in petrol, diesel prices after daily hikes for 16 days

A feeling of minor relief to consumers - from announcement of price cut of 60 paise per litre for petrol and 56 paise per...
Unhappy over low pay hike by NPA-hit banks, their employees go on 2-day strike

Unhappy over low pay hike by NPA-hit banks, their employees go on 2-day strike

Banking services will be hit for two days beginning tomorrow, Wednesday, May 30, as employee unions of state-owned and private banks across the country...
Bank deposit growth rate falls to lowest in 55 years, says RBI

Bank deposit growth rate falls to lowest in 55 years, says RBI

Growth in bank deposits fell to a 55-year low in financial year 2017-18, according to data on Reserve Bank of India website. Quoting bankers, a...
Employment situation grim, says CMIE; Rural wages drop, says RBI report

Employment situation grim, says CMIE; Rural wages drop, says RBI report

Labour participation and employment rates in India are around their lowest levels, says a report of Centre for Monitoring Indian Economy (CMIE) which produces...
Brace yourself: Petrol, Diesel prices to shoot up 20 percent

Brace yourself: Petrol, Diesel prices to shoot up 20 percent

A phenomenal 20 per cent hike in fuel prices - oil, natural gas and coal - projected by World Bank with its cascading effect...
Jewar airport near Noida gets in-principle approval

Jewar airport near Noida gets in-principle approval

In a development welcomed by entrepreneurs, the Greenfield Airport at Gautam Budh Nagar’s Jewar has been given in-principle approval by Central government's Project Monitoring...
Cabinet approves Ordinance to seize domestic assets of fugitive economic offenders

Cabinet approves Ordinance to seize domestic assets of fugitive economic offenders

The Union Cabinet on Saturday, April 21, approved promulgation of Fugitive Economic Offenders Ordinance 2018 to empower authorities to attach and confiscate domestic properties...
Petrol Diesel prices touch the high of five years ago when crude was $30 costlier

Petrol Diesel prices touch the high of five years ago when crude was $30...

Petrol and diesel prices have touched a new high, touching the previous record reached five years ago, in 2013. The price of crude oil,...

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