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Search Results for: economic sanctions

Abhijit Banerjee

'Indian economy doing very badly': Nobel awardee Abhijit Banerjee

Abhijit Banerjee, who shared the Nobel prize for economics, said that the Indian economy is "doing very badly" even as the government is increasingly recognising that there is a problem. Oct 15, 2019
PMC bank fraud

After PMC debacle, Centre starts working on stronger framework for co-op banks

One of the RBI officials confirmed that apart from strengthening the framework for oversight of cooperatives, the central bank is also reviewing cap of Rs 25,000 on withdrawals which could be removed soon. Oct 14, 2019
trump Xi Jinping

Trump or Xi? Who has won the first round of US-China trade wars?

President Trump hails 'the greatest and biggest deal ever made for our Great Patriot Farmers'; US agrees to suspend next round of tariff hike on Chinese imports while Beijing will import $40-50 billion US farm products. Oct 14, 2019
Bombay Stock Exchange (BSE)

Market today: Nifty, Sensex rise ahead of inflation data; Infosys drops

Indian retail inflation probably reached a 12-month high in September, but still leaving room for further interest rate cuts. Oct 14, 2019
US withdraw troops from Syria

US to pull last troops from north Syria; Syrian army to redeploy on border

The developments illustrate Washington's waning influence over events in Syria and the failure of the US policy to keep Syrian President Bashar al-Assad from reasserting state authority. Oct 14, 2019
world bank

When will economic slowdown end? World Bank predicts 2nd year of fall in growth

World Bank cut India's GDP growth estimate to 6% for the 2019-20 financial year against 6.9% it achieved in FY19 amid broad-based deceleration of different sectors in the earlier quarters of the year. Oct 13, 2019
Financial Action Task Force (FATF)

Pakistan in a fix as FATF meets in Paris to scrutinise terror funding

In June, FATF had warned Pakistan of severe action for failing to do enough to check terror financing and had asked to comply with the requirements by October 2019. Oct 13, 2019
Economic slowdown

More than 5 lakh jobs expected to be lost due to slump in real estate industry

Several projects are stuck across the country and buyers are waiting for new developers to take interest and complete them. Oct 13, 2019
Funny memes on Ravi Shankar Prasad

This is how War, Joker, Sye Raa box office collections got Ravi Shankar Prasad trolled

Union Minister Ravi Shankar Prasad was massively trolled on social media for quoting the box office collections War, Joker and Sye Raa to deny the economic slowdown in India. Oct 13, 2019
IndiGo promoters' differences threaten services

Passenger traffic expected to grow in 2019, says Director General of DGCA

Arun Kumar said induction of aircraft in domestic airlines in the fourth quarter of 2019 would ease fares and usher in passenger traffic growth. Oct 13, 2019
Bombay Stock Exchange (BSE)

Inflation data, Q2 results may keep equities jittery

The growth has hit the 81-month low. Oct 13, 2019
Raghuram Rajan at OP Jindal Lecture

Raghuram Rajan's take on how worrying the economic situation is as growth slows

Former RBI governor Raghuram Rajan says that uncertainty over economic vision is causing deep distress in the economy whose growth forecast has been slashed multiple times this fisc. Oct 12, 2019
Backlash over Reliance Jio's decision to charge voice calls

Will Reliance Jio's 30-minute offer of free talk time calm upset customers?

Reliance Jio announced new scheme two days after its decision to charge 6 paise per minute on interconnect calls following huge customer backlash; social media posts remind Mukesh Ambani of his promise to never charge voice calls and #BoycottJio and #ILoveJio hashtags trend on Twitter. Oct 12, 2019
modi xi jinping mamallapuram

Chennai connect to see new era in Sino-India relations, says PM Modi

After one-on-one talks with the Chinese President Xi Jinping in multiple sessions spread over two days, PM Modi said a new era of cooperation will begin on Saturday in Sino-India ties through the "Chennai connect". Oct 12, 2019
Gulf of Oman-tanker

Fuel price set to spike as tension rises after Iran oil tanker hit in Red Sea

Iran suspects Saudi rocket attacks behind the fire that breaks out on the tanker laden with one million barrels of oil in the Red Sea off Jeddah; reports suggest the attack was in retaliation to Yemeni Houthi's drone strikes on Saudi Aramco oil installations. Oct 11, 2019
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