RBI urges public not to get lured by fictitious offers
AMN / MUMBAI Reserve Bank of India RBI has once again warned members of the public to remain alert about the activities of unscrupulous elements. In a press release, RBI…
FM to meet heads of banks to discuss NPA resolution structure
Finance Minister Piyush Goyal will meet heads of banks in New Delhi today to discuss an inter-lender structure suggested under the ‘Project Sashakta’ that intends to fastrack resolution of stressed…
Oil price biggest risk for Indian economy: Moody’s survey
Most of the Indian and foreign investors consider that high oil prices have emerged as a significant risk to the country’s economy, Moody’s Investors Service said on Wednesday. The US…
Sunil Mehta Panel on NPAs submits its report with recommendations to FM
AMN The Sunil Mehta committee which was formed with a view to tackle Non-Performing Assets (NPAs) and creating credit capacity submitted its report with recommendations to Finance Minister Piyush Goyal…
India has not lived up to high banking standards: Goyal
AMN / Mumbai Union Finance Minister Piyush Goyal Tuesday said that India has not lived up to the high expectations and standards required of the banking system and the current…
Indian Economy poised to grow above 8% : NITI Aayog
AMN / New Delhi NITI Aayog Vice Chairman Rajiv Kumar on Tuesday expressed hope that India’s economy poised to grow above 8 per cent from the next year, thanks to…
AMC, steering panels to be set up for faster resolution of NPAs: FM Goyal
AMN / NEW DELHI Finance Minister Piyush Goyal has said that independent Asset Management companies (AMCs) and steering committees will be set up for faster resolution of the non-performing assets…
India’s manufacturing growth jumps to 6-month high in June
AMN / NEW DELHI India’s manufacturing conditions improved in June at the strongest pace in 2018 so far, amid the sharpest gains in output and new orders. The Nikkei India…
EU gives stark warning to US over auto tariffs
WEB DESK The European Union warned today that nearly 300 billion dollars worth of US exports would face counter-measures if President Donald Trump went through with his threat to slap…
TRADERS SEEKS SIMPLIFICATION OF GST ON GST DAY
AMN / NEW DELHI Traders across the Country today observed GST Day on one year completion of GST in India under the umbrella of the Confederation of All India Traders…