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RBI's board to set up expert committee to examine ECF

The Reserve Bank of India's (RBI) Board meeting concluded on a cordial note. In the high profile meeting, which came amid the differences between the government and the RBI, the board agreed to ease liquidity......

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RBI to infuse liquidity worth Rs 8000 crore through purchase of G-secs under OMO

RBI to infuse liquidity worth Rs 8000 crore through purchase of G-secs under OMO

Amid recent liquidity concerns, the Reserve Bank of India (RBI) has decided to infuse Rs 8,000 crore through purchase of the government securities (G-secs) under Open Market Operations (OMO) on November......

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Investments through P-notes hit over 9-year low of Rs 66,587 crore in October

Investments through P-notes hit over 9-year low of Rs 66,587 crore in October

The share of foreign portfolio investments (FPI) through participatory notes (P-notes) in domestic capital markets has declined to nine-and-a-half year low of Rs 66,587 crore at the end of October. According......

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Govt issues tenders for setting up 26-GW clean renewable energy capacities

Govt issues tenders for setting up 26-GW clean renewable energy capacities

Indian Renewable Energy Development Agency (IREDA) Chairman K S Popli has said that the government is mulling incentives to promote renewable energy and has already issued tenders for setting up 26-GW......

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Govt should not shift its goal on fiscal deficit target: Niti Aayog Vice Chairman

Govt should not shift its goal on fiscal deficit target: Niti Aayog Vice Chairman

Former Niti Aayog Vice Chairman Arvind Panagariya has said that the present government has made a huge progress in implementing reforms including some difficult structural ones such as the Goods and Services......

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Govt will soon unveil new industrial policy with importance of design: DIPP Secretary

Govt will soon unveil new industrial policy with importance of design: DIPP Secretary

With a dedicated chapter on the importance of design, the Department of Industrial Policy and Promotion (DIPP) Secretary, Ramesh Abhishek has said that the government will soon unveil a new industrial......

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Govt must focus on long-term solutions to improve agriculture sector: Venkaiah Naidu

Calling loan waiver and free power supply to the farm sector as mere 'transitory and populist' steps, Vice-President Venkaiah Naidu has said that the government should focus on long-term solutions such......

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Fitch affirms India's sovereign rating at 'BBB-'; pegs GDP growth at 7.8% for FY19

Citing weak fiscal position continues to constrain the ratings and there were significant risks to macroeconomic outlook, Fitch Ratings has refused to upgrade India's credit rating for the 12th year in......

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Direct tax collection will exceed budgeted target of Rs 11.5 crore for FY19: CBDT Chairman

Expressing optimism over tax collection, the Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra stated that direct tax collection has already crossed Rs 5 lakh crore and will exceed the budgeted......

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India can add $700 billion to its economy if women workforce doubles: Amitabh Kant

Expressing optimism over growth of Indian economy, the NITI Aayog's chief executive officer Amitabh Kant said that if the women workforce increases to 48% from the 24% present, the country can add an additional......

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Govt initiating multiple reforms to double farmers' income by 2022: P K Mishra

Additional Principal Secretary to the Prime Minister, P K Mishra has said that the government is making utmost efforts with an integrated approach and has initiated multiple reforms to achieve the ambitious......

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ASSOCHAM flags concerns on liquidity crisis; seeks measures from RBI

Raising concerns over recent liquidity crisis in non-banking financial companies (NBFC), the industry chamber, Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stated that the Reserve......

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India can crack into top 50 on WB's Doing Business report: Arun Jaitley

A day after World Bank's (WB) ease of doing business rankings put India at 77th place among 190 countries, Finance Minister Arun Jaitley has said that the country can crack into top 50 if it improves on......

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India jumps 23 places to rank 77th on WB's 'ease of doing business' ranking

India has improved its ranking on the World Bank's 'ease of doing business' report for the second straight year. In its annual 'Doing Business' 2019 report, World Bank (WB) said India jumped 23 places......

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India will require $4.5 trillion till 2040 for infrastructure development: Kant

In order to really improve overall economic growth and community well being, Niti Aayog CEO Amitabh Kant said India will need around $4.5 trillion till 2040 for development of infrastructure sector in......

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