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Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the...

6 Nov 2020 1:41 PM IST

Auto component sector may see huge job losses if the automotive sector continues to face headwinds due to lack of demand amid coronavirus. (AFP Photo)

Even as economic recovery continues, India lost 5.5 lakh jobs in...

October is the first month since the recovery began in May that has recorded a fall in employment

6 Nov 2020 2:26 AM IST

Indias factory activity contracts for third straight month in June. (AP Photo)

Manufacturing PMI expands to 13-year high in October, signals economic...

The survey, however, showed that the Asiaâ€™s third-largest economy was signalling a fast recovery

2 Nov 2020 7:18 PM IST

Good news on the economic front.

GST collections cross Rs 1L crore for the first time after COVID-19...

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

1 Nov 2020 8:16 PM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

India-'s economy worst-hit among emerging markets

At 4.9 per cent retail inflation in 2020 will be the highest in India.

31 Oct 2020 11:10 AM IST

Hospitality has started seeing early signs of month-on-month recovery in occupancy with gradual revival in domestic leisure travel.

Hospitality industry sees signs of revival in September

Revenue per available rooms grew 12 to 14 per cent month-on-month to Rs 815 â€“ Rs 935, as per the data from HVS and...

29 Oct 2020 12:26 PM IST

RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown. (PTI Photo)

RBI asks lenders for ex-gratia payment of interest on interest scheme

Government set November 5 as the deadline for banks to implement the waiver of -'interest on interest-' scheme for six...

28 Oct 2020 3:28 PM IST

The market capitalisation of BSE-listed companies plunged by Rs 3,11,234.47 crore to Rs 1,54,15,637.95 crore in late morning trade.

Global trade drops 5 pc in Sept quarter

UNCTAD has revised the global trade projection from a decline of 20 per cent to 7 - 9 per cent drop for 2020.

23 Oct 2020 12:29 PM IST

Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits. (AP Photo)

Employment rate halts recovery, falls again in October

The first three weeks of October show signs of continued stress.

23 Oct 2020 12:23 PM IST

In the last Budget, the Centre had announced that the FDI limit would be raised from 49 per cent to 100 per cent for insurance intermediaries like aggregators, brokers, marketing firms and corporate agents.

India receives $35 billion FDI in first five months of the fiscal

FDI is largely made by multinational companies, large institutions and private equity and venture capital firms

21 Oct 2020 12:35 PM IST

Empty vaccine bottles lie on a tray. Pharma sectors outlook for the second quarter earnings season is quite optimistic given domestic demand, new launches in the US markets and savings on regular expenditure due to Covid related restrictions like travelling, promotional and marketing costs, according to analysts. (AP)

Pharma sector may post Covid-induced rise in Q2 earnings

Active pharmaceutical ingredient or APIs segment of the companies are expected to deliver strong sustained growth over...

21 Oct 2020 12:16 PM IST

GST collections in June at Rs 90,917 crore. (PTI Phoá¹o)

Centre to borrow Rs 1.1 lakh cr GST compensation for states

The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST Compensation Cess releases

16 Oct 2020 5:51 PM IST