Tuesday, 18 December, 2018

Economy

Arun Jaitley

Can’t see how flagging issue of credit & liquidity infringes on RBI autonomy, says Jaitley

Finance minister Arun Jaitley said that communication & dialogue were key for any democracy, and hoped for better relations with the RBI.
Anil Ambani

It’s a good start to the weekend for billionaire Anil Ambani

Twin courtroom victories give Anil Ambani and his firms a boost. New Delhi/Mumbai: It’s a good start to the weekend for billionaire Anil Ambani. The Supre...

November recorded the lowest WPI inflation of 4.64% in three months

Food articles witnessed softening of prices with deflation at 3.31 per cent in November, as per released government data.
RBI

RBI’s new chief Shaktikanta Das buys time as worries on autonomy linger

Investors are reassured about the RBI's autonomy for now as new governor Shaktikanta Das is considered more amenable to the Centre’s requests.
A bus conductor displays Indian bank rupee notes for a photograph in Coonoor

Nepal bans use of 2000, 500 and 200 Indian rupee banknotes

The Nepalese information and communications ministry said Indian currency notes higher than Rs 100 were illegal in the country. Kathmandu: The Nepal governme...

India’s growth not leading to jobs, farm loan waivers don’t help poor – Raghuram Rajan

Rajan said he & a group of economists wanted to highlight what needs to be done for economy as political parties were setting platforms for polls.
Finance Minister Piyush Goyal speaks in the Lok Sabha during the Monsoon session of Parliament | PTI

Piyush Goyal slams RBI under Urjit Patel — one cannot have power without being responsible

Union minister Piyush Goyal lashes out at move by RBI under Urjit Patel to change norms of the prompt corrective action for banks.
Representational image | Ruhani Kaur/Bloomberg

DLF sees only listed developers surviving India’s cash crunch

‘Weaker balance sheets are going to fall off’
A giant cut-out of Prime Minister Narendra Modi installed at Ashok Road | Ravi Choudhary/ Getty Images

2019 round the corner, Modi govt pushes back rollout of new GST return forms

Modi govt does not want to hurt its core voter base of traders and businessmen, so the process may be pushed to July 2019 or after.
File photo of Raghuram Rajan, former RBI governor | David Paul Morris/Bloomberg

Loan waivers & lending targets for banks are signs of lazy govt, Raghuram Rajan says

Former RBI governor Raghuram Rajan has also urged all political parties to come together and agree to shun farm loan waivers.
madhya pradesh

MP push for 70% industry jobs to locals: Valid regionalism or is Congress the new Shiv Sena?

Kamal Nath, on his first day as Madhya Pradesh chief minister, announced incentives for industries that hire 70 per cent local workers. When questioned about th...

Modi’s BJP is not just Congress + cow, but it is Congress + cow + Indira Gandhi

Young Indians bought new hope & optimism of Brand Modi in 2014. Now they're confused & angry as BJP government turns out to be Indira-era Congress, plus a cow.