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Officials of the agriculture department remained tight-lipped over lakhs of farmers not receiving the assistance under the Rythu Bandhu scheme.

Pandemic gives fillip to demand for cereals; 200 per cent rise in...

Cereals have witnessed increased demand from African countries and the Gulf region during the lock-down.

29 Aug 2020 12:49 PM IST

RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be self-defeating. (PTI Photo)

Extreme risk aversion can be self-defeating: RBI Governor warns banks

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

27 Aug 2020 12:14 PM IST

Sixty million workers are likely to join the job market in the new decade.

India needs to create 90 million jobs by 2030 to avoid economic...

McKinsey Global Institute report says GDP growth needs to at least 8 per cent

27 Aug 2020 11:00 AM IST

Finance Minister Nirmala Sitharaman to chair 41st GST Council meeting today

Finance Minister Nirmala Sitharaman to chair 41st GST Council meeting...

In the last meeting held, the GST Council decided to waive off fees for late filing returns between July 2017 to January...

27 Aug 2020 10:27 AM IST

Government has said that interest on delayed payment of goods and services tax (GST) will be charged on net tax liability with effect from September 1. (Representative Image)

Interest to be charged on late GST payments from September 1

The industry had raised concern over the directive of recovery of about Rs 46,000 crore of unpaid interest on delayed...

26 Aug 2020 5:34 PM IST

Workers transferring aluminium foil for export to India at a factory in Huaibei in Chinas eastern Anhui province. . India initiates probe into alleged dumping of aluminium foil from 4 nations. (AFP Photo)

Gujarat tops Export Preparedness Index 2020, Maharashtra ranks second

Six coastal states -- Gujarat, Maharashtra, Tamil Nadu, Odisha, Karnataka and Kerala -- feature in the top ten rankings

26 Aug 2020 1:49 PM IST

Former Reserve Bank governor D Subbarao

Ex-RBI governor D Subbarao backs setting up of a bad bank to tackle...

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset...

26 Aug 2020 11:56 AM IST

Seen any lately? RBI says the number of Rs 2,000 currency notes in circulation has come down from 33,632 lakh pieces at the end of March 2018 to 27,398 lakh pieces at end of March 2020. (PTI file photo)

Don-'t jump, Rs 2000 currency notes slowly being phased out

As per RBI-'s latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:20 AM IST

The global economy is expected to slump into recession in 2020 says RBI. (PTI Photo)

Rate cuts don-'t interest MPC any more. Let-'s worry about inflation...

Report by SBI research says we-'re at the end of the rate-cut cycle which began in Feb. 2019

22 Aug 2020 12:07 AM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody-'s base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 1:56 PM IST

Rising steel prices have inflated costs for equipment manufacturers. 9Photo

Here-'s how India-'s engineering exports are in a steel trap

We export our iron ore, curb Chinese steel import. So costs are up and exports are uncompetitive

21 Aug 2020 12:19 AM IST

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

RBI releases strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:14 PM IST