Category: Economy
August 12, 2020
Business, Economy, India, Personal Finance
RBI hikes LTV limit on gold loans to mitigate impact of COVID-19
Announcing the bi-monthly Monetary Policy on August 6, the Reserve Bank of India noted that the disruptions caused by COVID-19…
August 10, 2020
Economy, People, Personal Finance
Government may cut gratuity threshold from 5 to 1-3 yrs
The government is reportedly considering lowering gratuity threshold from existing 5 years of continuous employment to 1-3 years as shorter…
PM Modi launched the financing facility of Rs 1 lakh crore under the Agricultural Infrastructure Fund.
Prime Minister Narendra Modi on Sunday launched the financing facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund…
India bans TikTok and 58 other Chinese apps
The Government banned 59 Chinese mobile apps, including top social media platforms such as TikTok, Helo and WeChat to counter…
PM FME scheme launched; to generate total investment of Rs 35,000 crore, 9 lakh employment
Government on Monday launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of “Atmanirbhar…
June 24, 2020
Business, Delhi & NCR, Economy, India
For the first time, diesel costlier than petrol in Delhi as price hiked for 18th straight day
For the first time in Delhi, diesel has become costlier than petrol as state-run oil companies raised price of diesel…
June 11, 2020
Business, COVID 19 News, Economy
Fitch forecasts 9.5% growth for Indian economy in next fiscal, S&P retains sovereign rating
In a good news for India, Fitch Ratings said on Wednesday (June 10) that Indian economy would register a sharp…
June 09, 2020
Business, Economy, Personal Finance
Home loan to get cheaper as SBI to cut MCLR by 25 bps from June 10
The country’s largest lender State Bank of India (SBI) has announced that it will reduce marginal cost of fund based…
June 05, 2020
COVID 19 News, Economy, FightagainstCorona, India
Consumer confidence collapses to historic low in May, says RBI survey
A survey released by the Reserve Bank of India (RBI) has showed that consumer confidence has collapsed to historic low…
June 02, 2020
COVID 19 News, Economy, India
India will definitely get its economic growth back: PM
Prime Minister Narendra Modi on Tuesday said India will definitely get its economic growth back as the government continues to…