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Latest Economy News

FinMin pitches to extend RBI deadline on Basel III norms
(27-Jun-2017)

FinMin pitches to extend RBI deadline on Basel III norms

Citing need of higher capital requirement to handle Non-performing assets (NPAs), the Finance Ministry has asked the Reserve Bank of India (RBI) to extend deadline for implementing Basel III banking norms......click on news to read complete article..... read full story

No hike in power tariffs post GST rollout: Piyush Goyal
(23-Jun-2017)

No hike in power tariffs post GST rollout: Piyush GoyalWith the beginning of the final countdown of the Goods and Services Tax (GST) rollout from July 1, 2017, Union Power Minister Piyush Goyal, allayed fears of the industry saying that power tariffs will......click on news to read complete article..... read full story

DIPP forms 6 groups for preparing new industrial policy framework
(22-Jun-2017)

DIPP forms 6 groups for preparing new industrial policy frameworkThe Department of Industrial Policy and Promotion (DIPP), under the Commerce and Industry Ministry, has formed six groups for preparing a framework for the country's new industrial policy that includes......click on news to read complete article..... read full story

FIEO sets the export target of $325 billion this fiscal year
(22-Jun-2017)

FIEO sets the export target of $325 billion this fiscal yearIn view of continuous growth in the country's export, Exporters body Federation of Indian Export Organisations (FIEO) has set the export target of $325 billion this fiscal year. FIEO in a statement said......click on news to read complete article..... read full story

NCAER revises FY18 GDP growth upward to 7.6% from 7.3%
(22-Jun-2017)

NCAER revises FY18 GDP growth upward to 7.6% from 7.3%With forecast of normal monsoon, economic think-tank, the National Council of Applied Economic Research (NCAER) in its latest 'quarterly review of the economy' has revised upward the gross domestic product......click on news to read complete article..... read full story

RBI's NPA resolution move is credit positive for banks: Moody's
(20-Jun-2017)

RBIThe global credit rating agency Moody's Investors Service in its latest report has said that the Reserve Bank of India's (RBI) plans to resolve 12 large bank loan accounts, which account for 25% of the......click on news to read complete article..... read full story

 

     
  
 
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