Economy and Finance
News and views related to the Indian Economy and Financial sector
Growth in India solidifying, will propel upwards says World Bank
The World Bank predicts 7.3% growth in 2018-19 fiscal year
Modi government cuts fuel prices by Rs. 2.50, Maharashtra and Gujarat slash prices by an additional Rs. 2.50
Excide duty has been reduced by ₹1.50, while oil marketing companies will cut prices by ₹1.00, states asked to match the reduction by reducing VAT.
Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy
In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations
All you need to know about what the Modi govt is doing to solve the NPA mess
We just need to bear with the temporary inconvenience for a better tomorrow!
Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
Rupee is stronger today vs Euro, British Pound, Canadian and Australian Dollars
This is the data, whether liberals like it or not
Demonetisation is a success and the naysayers have got their facts completely wrong
Shantanu -
So let us again rewind the declared aims sought to be achieved and analyse each one independently.
PNB recovers record amount from defaulters due to Insolvency and Bankruptcy code
Punjab National Bank (PNB) recovered a record Rs 11,378 crore from defaulters in the first five months of this fiscal.
Raghuram Rajan blames scams and ‘policy paralysis’ under UPA government for NPA mess
The former RBI governor has made these revelations in his letter to the Lok Sabha panel
Iran ready to handover Chabahar port to Indian firm for operation: Iranian Minister Abbas Akhoundi
Chabahar is one of the most important strategic areas of influence for India