The report by NITI Aayog & TransUnion Cibil was released Monday. It said the data highlights a positive shift in financial behaviour & growing financial awareness among women.
Central bank has set out norms on how to identify wilful defaulters and penal provisions associated with them to maintain 'the integrity of the financial system'.
Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.
By Nikunj Ohri and Dharamraj Dhutia (Reuters) - The Indian government's borrowing for April-September is likely to be between 55% and 58% of its gross borrowing target for next fiscal year, two
The cut in excise duty last week, coupled with an increase in fertiliser and food subsidies, is expected to cost the exchequer around Rs 3 lakh crore in the current financial year.
An underestimated growth projection could give Modi govt more spending room, while initiatives to improve NPA recovery could prove crucial for India's financial sector.
Finance ministry statement says Andhra & Madhya Pradesh have completed three of the four reforms proposed by Modi govt, which makes them eligible for incentives offered by it.
The RBI has assured both the market and government of creating comfortable liquidity conditions so that private and government borrowing are not hampered.
The increase in annual borrowings to Rs 12 lakh crore from Rs 7.8 lakh crore has been necessitated by steep fall in revenue collections & unscheduled spending.
A poor Muslim man from Kurnool, selling khoya buns during the Medaram Jatara in Telangana, was harassed by some YouTubers and surrounded by a mob over allegations of 'food jihad'.
Indian refiners are testing Venezuelan barrels again as Russian supply sinks, but analysts say volumes will remain limited due to refinery constraints & supply capacity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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