Jayanta Roy Chowdhury
There is a growing trend of Indians investing in stocks abroad, taking advantage of the RBI's Liberalised Remittance Scheme which allows an individual to spend up to USD 250,000 a year abroad.
03 Aug 2020
The repo rate or the overnight lending rate to banks by the central bank is already at a low of 4 per cent, while the reverse repo or the rate at which RBI borrows from banks is at 3.75 per cent.
30 Jul 2020
Consultancy firm Oxford Economics estimates that property prices have fallen in all major European countries except outliers like Germany.
27 Jul 2020
Among other measures, Government departments and PSUs will be asked to assist domestic industry by encouraging procurement of 'Made in India' products for their use.
21 Jul 2020
Gold has had a fantastic run this year. On January 1, 2020, it traded at Rs 39,150, rising to Rs 41,200 in just one month’s time. From there it jumped to Rs 43,210 by April 1 and to Rs 47,700 by June
19 Jul 2020
India wants to start negotiating free-trade pacts with both Britain and the European Union now that their divorce has come through besides working out a preliminary trade pact with the US.
18 Jul 2020
The FRDI bill had been withdrawn a few years ago after a hue and cry was raised over the possibility of using this bail in clause to use ordinary bank depositors’ money to resuscitate sick banks.
17 Jul 2020
However, the number of people offering themselves for employment increased by just 53 million in April, despite more than double the number losing their jobs, according to CMIE.
28 May 2020
The two power distributors run by Reliance Anil Dhirubhai Ambani Group (ADAG) was up for sale, said sources, as the company has been dragged down by heavy debt.
28 May 2020
Edible oil extractors have been demanding that duties on soyabean, palm and sunflower oils should be raised from their current levels of 37.5-45 per cent.
26 May 2020
SAIL is not well known as an exporter, exporting just 1.18 million tones out of a total output of 16.15 mt of steel.
24 May 2020
Other analysts believe the Indian economy could attract longer term funds as well as FDI.
21 May 2020
Nestle India chairman Suresh Narayanan expects consumers to focus on essentials, and that a crisis is an opportunity to redefine oneself
20 May 2020
Macro trends now indicate that India’s GDP is set to either shrink or stay flat, from an average growth of 7 per cent over the last decade or so.
10 May 2020
The next tranche of fiscal stimulus, which is believed to be still in the works, is widely expected to be just between 0.5-1 per cent of GDP.
04 May 2020