Business

The RBI's Monetary Policy Committee (MPC) began its three-day meet on Tuesday to decide on key rates amid expectations that it may change its policy stance to 'neutral' from 'calibrated tightening' on low inflation footprint, even as a rate cut was ruled...

The Securities and Exchange Board of India (Sebi) has its own state-of-the-art integrated surveillance mechanism in addition to the surveillance systems of the stock exchanges.

According to Sebi, the nomination and remuneration committee (NRC) of the MIIs — stock exchanges, clearing corporations and depositories — will be responsible for framing the performance review policy for PIDs.

The strengthening of the US dollar against some currencies overseas weighed on the local unit. However, easing crude prices and fresh foreign fund inflows capped the losses for the domestic unit.

It would be the first MPC meeting under RBI governor Shaktikanta Das, who took charge in December 2018 following sudden exit of Urjit Patel.

"We have a decisive mandate to continue structured reforms. We have reversed policy paralysis," said the finance minister.

To boost affordable housing and achieve the vision of Housing for All by 2022, the government (Centre and state) have undertaken several initiatives, such as Pradhan Mantri Awas Yojana (PMAY) that aims to build 1 crore homes in urban and rural India by 20...

In December 2018, the government had announced new regulations - under Press Note 2 - that would bar online marketplaces with foreign investments from selling products of the companies where they hold stakes and ban exclusive marketing arrangements.

Gadkari said the future belongs to electric and bio-fuel based transport vehicles, which are cost effective, pollution free and cut on import bill on petroleum products.

At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.34 then fell further to 71.36 against the US dollar.

An official informed that in the FAME II mission, the government as of now is going to allocate Rs 350 crore to have a concerted investment in research and innovation.

The CSO study released on Friday showed that as many as 1,79,34,300 new members joined the social security schemes run by the Employees' Provident Fund Organisation (EPFO) during September 2017 to November 2018.

The bank on Thursday also named Ravneet Singh Gill, currently heading Deutsche Bank India, as the managing director and chief executive officer to succeed Rana Kapoor, whose term ends on January 31.

The RBI's policy paper on 'Authorisation of New Retail Payment Systems' proposes a multi-pronged policy action for a more appropriate level of retail payment systems and operators.

Reliance Industries Limited market valuation surged Rs 53,918.87 crore to Rs 7,49,829.58 crore, emerging as the biggest gainer among the top-10 firms.

As per the report, while the UK and France have regularly switched places owing to similar levels of development and roughly equal populations, India's climb up the rankings is likely to be permanent.