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Govt pushes lending, asks banks for daily reports

Finance

23 April, 2020

Govt pushes lending, asks banks for daily reports

India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit...

RBI cuts reverse repo rate in bid to spur bank lending

Economy

17 April, 2020

RBI cuts reverse repo rate in bid to spur bank lending

The Reserve Bank of India cut its reverse repo rate by 25 basis points on Friday, in a bid to ......

Retail inflation drops in March as coronavirus hits demand

Economy

13 April, 2020

Retail inflation drops in March as coronavirus hits demand

India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates...

Factbox: The global economic policy response to coronavirus crisis

Economy

09 April, 2020

Factbox: The global economic policy response to coronavirus crisis

Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for...

India's March services activity contracts amid coronavirus disruptions

Finance

06 April, 2020

India's March services activity contracts amid coronavirus disruptions

India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export...

Three-month EMI holiday for home, car loans and other highlights from RBI policy

Finance

27 March, 2020

Three-month EMI holiday for home, car loans and other highlights from RBI policy

The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......

RBI slashes interest rates as coronavirus lockdown hits economy

Economy

27 March, 2020

RBI slashes interest rates as coronavirus lockdown hits economy

The Reserve Bank of India on Friday slashed interest rates by 75 basis points to revive economic growth hit by ......

US Fed slashes rates to zero in emergency move to cushion coronavirus blow

Finance

16 March, 2020

US Fed slashes rates to zero in emergency move to cushion coronavirus blow

The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly...

Retail inflation moderates, paves way for RBI action

Economy

12 March, 2020

Retail inflation moderates, paves way for RBI action

India's retail inflation eased to a two-month low in February, helped by a smaller increase in food prices, paving the ......

US Fed cuts rates to blunt coronavirus impact, markets drop

Economy

04 March, 2020

US Fed cuts rates to blunt coronavirus impact, markets drop

The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the ......

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