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Wednesday, July 3, 2024
TopicRBI

Topic: RBI

Uday Kotak to sell 2.8% stake in Kotak Mahindra Bank for at least Rs 6,800 crore

Currently, Kotak and his family holds 28.8 per cent stake in the bank as against the RBI mandate of 26 per cent.

Jaimini Bhagwati says world should demand transparency from China, NN Vohra on US-WHO tussle

Today's political, economic & strategic punditry from Krishna Kumar, Arghya Sengupta, Duvvuri Subbarao & more.

Future actions to stimulate economy will depend on how Covid-19 crisis pans out: Sitharaman

Finance Minister Nirmala Sitharaman's statements came a day after the RBI projected economic contraction in 2020-2021.

A ‘hurt’ elephant, Modi’s economic instinct and Covid-19 masks for Zee News

The best cartoons of the day, chosen by the editors at ThePrint.

You don’t have to pay term loan EMI for 3 more months, with no impact on credit history

RBI has said opting for the EMI deferment until August 31 won’t hurt borrowers’ credit history, but interest will keep accruing on these loans.

RBI cuts lending rate by 40 bps to record low, says Indian economy will shrink this fiscal

In his statement, RBI governor Shaktikanta Das said inflation will remain high in the first half of the fiscal, but will stay below the 4% target later.

Enable NBFCs to surge. If they shrink, a few will sink and raise a stink for entire system

The government has been very supportive of the NBFC sector. All it needs is to take other public institutions along and ensure no loss of intent in execution.

Gap in April inflation data due to lockdown sees focus shift to RBI, forecast models

The statistics office didn't publish a complete set of data for consumer and wholesale prices, saying it wasn’t able to conduct all the necessary fieldwork.

Fear of lending, few borrowers — why banks are flooding RBI with funds for low returns

Banks parked Rs 8 lakh crore per day last week, worried about rise in bad debts and with lack of credit demand from borrowers due to uncertainty triggered by the pandemic.

On Camera

Marginal farmers find it difficult to access govt schemes as their number grows, income shrinks

The 'State of Marginal Farmers of India 2024' report released by FEED is as worthy of a parliamentary discussion as NEET irregularities or Delhi airport's collapsed roof.

Hindenburg vs SEBI battle erupts again, this time with several new revelations

Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.

Is Pakistan arming jets with nuclear missiles? JF-17 photographed with Ra’ad-I, says US think tank

After analysing images of 'Thunder' Block II from rehearsals for 2023 Pakistan Day Parade, Federation of American Scientists says fighter has been equipped with Ra’ad-I missile.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.