RBI to discontinue Incremental Cash Reserve Ratio
To put in place to absorb surplus liquidity after withdrawal of 2,000 rupees notes, in a phased manner AMN The Reserve Bank of India (RBI) decided to discontinue the Incremental…
China’s exports drop for fourth month as it struggles with weak demand at home & abroad
AMN China reported another monthly decline in imports and exports today. China’s exports have dropped for the fourth month in a row as it struggles with weak demand at home…
Sensex gains 385 points, Nifty to settle at 19,727 On Sep 7
The key domestic share indices witnessed gains of more than half a percent on 7th Sep 2023. The BSE Sensex closed above the 66,200 mark while the NSE Nifty finished…
ASEAN, India agree to make concerted efforts to increase cooperation in food security, nutrition, cultivation of millets
AMN / WEB DESK Association of Southeast Asian Nations (ASEAN) and India have agreed to make concerted efforts to increase cooperation in food security, nutrition, food trade supply chain, cultivation…
Vedanta plans to meet investors as it faces $2 billion debt bill
Vedanta Resources Ltd. is planning to meet bondholders in Singapore and Hong Kong, people familiar with the matter said, as the junk-rated Indian miner faces repayment of about $2 billion…
NPCI launches new payment options on UPI
The NPCI has launched a slew of new payment options on popular payment platforms UPI, including conversational transactions. Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of…
8 Stocks including SAIL, BHEL, Manappuram Finance ban for trade under F&O on September 7
BIZ DESK A total of eight stocks including SAIL, BHEL Manappuram have been put under the ban for trade on Thursday, September 7, 2023 under the futures and options (F&O)…
Govt issues advisory for mandatory stock disclosure of Pulses with immediate effect
By Sudhir Kumar / New Delhi In a bid to keep prices of pulses in check, the Department of Consumer Affairs asks importers of pulses to mandatorily declare available stocks.…
Forward-looking free trade agreement can put India and UK on path of doubling trade by 2030, says PM Rishi Sunak
AMN / WEB DESK British Prime Minister Rishi Sunak said today, a modern, forward-looking free trade agreement can put India and UK firmly on the path to the shared ambition…
Art of Monetary Policy Making: The Indian Context
This is an excerpt from the Speech by Shaktikanta Das, Governor, Reserve Bank of India on September 5, 2023 -on the occasion of Delhi School of Economics (DSE) Diamond Jubilee…