Retail inflation hits 17-month low at 2.33% in November
AMN Retail inflation eased to a 17-month low in November this year at 2.33 per cent, mainly due to decline in prices of kitchen essentials like vegetables. According to the…
RBI autonomy should not be compromised: ex CEA Arvind Subramanian
AGENCIES / Mumbai Former chief economic adviser Arvind Subramanian Wednesday said that RBI autonomy is “sacred”, which should not be compromised. Progress on the steps taken by Governor Shaktikanta Das’…
Shaktikanta Das assumes charge as new RBI Governor
AMN The newly-appointed Governor of Reserve Bank of India Shaktikanta Das has said, maintenance of growth trajectory is one of the important focus areas the apex bank will concentrate on…
Shaktikanta Das to be next RBI Governor
AMN / NEW DELHI Former economic affairs secretary Shaktikanta Das will be the new governor of the Reserve Bank of India, the government announced today. Das will replace Urjit Patel…
SFIO arrests 3 individuals for syphoning off Rs 200 cr
AMN Serious Fraud Investigation Office, SFIO, has arrested three individuals of Adarsh Group of companies for allegedly syphoning off more than 200 crore rupees. The agency arrested Mukesh Modi, Rahul…
Farmer who sent Onion earnings to PMO in protest asked to make online transfer
WEB DESK A farmer in Maharashtra who earned only Rs 1,064 after selling 750 kg onions and sent his earnings through a money order to the Prime Minister’s Relief Fund…
Govt contribution to NPS raised to 14 per cent
AMN / NEW DELHI Finance Minister Arun Jaitley has said Cabinet had decided to make some changes in National Pension Scheme, NPS on 6th of this month. Speaking to media…
RBI GOVERNOR URJIT PATEL RESIGNS
*RBI governor Urjit Patel resigned from his post just ahead of result of assembly polls. *Perhaps for the first time in the history of Reserve Bank of India (RBI), a…
Govt formulates guidelines for Online Travel Aggregators, OTA
AMN / NEW DELHI The Ministry of Tourism have formulated the guidelines for approval and re approval of Online Travel Aggregators, OTA to ensure adequate safeguards against deficiency of service,…
SEBI to relax listing norms for start-ups, rename it Innovators Growth Platform
AMN In a major push to kick-start listing of start-ups in India in a big way, capital markets regulator SEBI has lined up a slew of relaxations for new-age ventures.…