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  • Insurance sales are now 100% online - but this is why you should be cautious Dec 05, 2020 10:08 AM IST

    Insurance sales are now 100% online - but this is why you should be cautious

    Insurance agents are now taking advantage of the dispensation of the physical signatures by selling policies to unaware customers.

  • Bank credit grows by 5.82%, deposits by 10.89% in fortnight ended November 20: RBI Data Dec 04, 2020 08:55 PM IST

    Bank credit grows by 5.82%, deposits by 10.89% in fortnight ended November 20: RBI Data

    In the previous fortnight ended November 6, advances grew by 5.67 percent and deposits by 10.63 percent. In October, non-food credit growth decelerated to 5.6 percent compared to a growth of 8.3 percent in the same month of the previous year.

  • Day 4 of IIT placements: No slowdown in jobs on engineering campuses Dec 04, 2020 08:43 PM IST

    Day 4 of IIT placements: No slowdown in jobs on engineering campuses

    Despite the coronavirus outbreak and fears of economic uncertainty, IIT campus placements continued to see an upward movement.

  • Govt procures 330 lakh tonnes kharif paddy so far at MSP for Rs 62,278 crore Dec 04, 2020 08:40 PM IST

    Govt procures 330 lakh tonnes kharif paddy so far at MSP for Rs 62,278 crore

    In the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at its MSP (minimum support price) from farmers, an official statement said on Friday.

  • US trade deficit widens less than expected in October Dec 04, 2020 08:10 PM IST

    US trade deficit widens less than expected in October

    The Commerce Department said on Friday the trade gap rose 1.7 percent to $63.1 billion in October.

  • US job gains miss expectations in November; unemployment rate falls to 6.7% Dec 04, 2020 08:00 PM IST

    US job gains miss expectations in November; unemployment rate falls to 6.7%

    Nonfarm payrolls increased by 245,000 jobs last month after rising by 610,000 in October, the Labor Department said on Friday.

  • Global debt to hit $200 trillion: S&P Global Dec 04, 2020 06:57 PM IST

    Global debt to hit $200 trillion: S&P Global

    The credit ratings giant said it amounted to a 14-point rise as a percentage of world GDP, having been amplified by both the economic plunge caused by COVID and the extra borrowing that governments, firms and households have had to resort to.

  • Centre to review state laws for 'conflict' with labour codes: Report Dec 04, 2020 03:14 PM IST

    Centre to review state laws for 'conflict' with labour codes: Report

    Labour is a joint subject shared by states and the Centre – which has led to several stalemates when it comes to issues such as wages, employment, social security, and industries

  • Industry, experts say RBI's status quo on policy rates to aid economic recovery Dec 04, 2020 03:05 PM IST

    Industry, experts say RBI's status quo on policy rates to aid economic recovery

    The Reserve Bank of India (RBI) on Friday left interest rates unchanged for a third straight meeting as inflation stayed stubbornly high, and said the economy was recuperating fast and would return to positive growth in the current quarter itself.

  • Diesel crosses Rs 73-mark, petrol price nears Rs 83 in Delhi Dec 04, 2020 02:01 PM IST

    Diesel crosses Rs 73-mark, petrol price nears Rs 83 in Delhi

    Petrol price was on Friday hiked by 20 paise per litre and diesel by 23 paise in line with the firming international oil rates, according to a price notification from oil marketing companies.

  • Is MPC's 'accommodative' stance losing its meaning amid high inflation?: 5 key takeaways on RBI’s growth-inflation conundrum Dec 04, 2020 01:30 PM IST

    Is MPC's 'accommodative' stance losing its meaning amid high inflation?: 5 key takeaways on RBI’s growth-inflation conundrum

    The MPC has noted that inflation risks remain high. The high inflation projections, seen along with the promise of continuing 'accommodative stance' is bit perplexing.

  • Explained: Here’s how LIC agents will sell life insurance policies digitally Dec 04, 2020 12:57 PM IST

    Explained: Here’s how LIC agents will sell life insurance policies digitally

    ANANDA, a digital application developed by LIC’s in-house IT team, will be used by its agents to sell policies to customers across the country. While agents will continue to be the go-between, the entire sales process will play out online and will be completely paperless. LIC expects this to increase productivity while ensuring the safety of its agents and customers by limiting face-to-face interaction amid the pandemic

  • Experts welcome RBI's focus on growth over inflation; policy remains supportive for equity Dec 04, 2020 12:47 PM IST

    Experts welcome RBI's focus on growth over inflation; policy remains supportive for equity

    The continuity in accommodative stance and lower rates along with liquidity for a longer period, and expected recovery in economic growth in coming quarters boosted market sentiment.

  • RBI's role as debt manager tested in 2020: Governor Shaktikanta Das Dec 04, 2020 11:45 AM IST

    RBI's role as debt manager tested in 2020: Governor Shaktikanta Das

    RBI Governor Shaktikanta Das said that RBI's role as debt manager and banker to the government was tested to the hilt in 2020.

  • RBI raises contactless card transaction limit to Rs 5,000 Dec 04, 2020 11:33 AM IST

    RBI raises contactless card transaction limit to Rs 5,000

    The increase in transaction limit will help expand adoption of digital payments, Governor Shaktikanta Das said in his address after announcing RBI Monetary Policy Committee's decision to keep repo rate unchanged at 4 percent.

  • RBI Monetary Policy: Read the full text of RBI Governor Shaktikanta Das' speech Dec 04, 2020 11:21 AM IST

    RBI Monetary Policy: Read the full text of RBI Governor Shaktikanta Das' speech

    Read full text of Reserve Bank of India governor Shaktikanta Das speech here.

  • RBI Monetary Policy: Governor Shaktikanta Das says banks can retain FY20 profit, need not give dividends Dec 04, 2020 11:03 AM IST

    RBI Monetary Policy: Governor Shaktikanta Das says banks can retain FY20 profit, need not give dividends

    The Reserve Bank of India (RBI)'s move to allow banks to retain profit made during FY20 is seen as an attempt to help lenders conserve cash in view of economic challenges posed by the COVID-19 pandemic.

  • RSS affiliate BKS has reservations on farm bills, calls for amendments Dec 04, 2020 10:57 AM IST

    RSS affiliate BKS has reservations on farm bills, calls for amendments

    To include MSP, introduce another legislation if needed, says Bharatiya Kisan Sangh, a vital member of Sangh family.

  • Pre-budget meetings scrapped this year due to COVID-19 Dec 04, 2020 10:54 AM IST

    Pre-budget meetings scrapped this year due to COVID-19

    Every year, in December, the Finance Minister hosts economists, industry bodies, financial sector, social sector, agriculture and labour representatives for pre-budget consultations. These multiple meetings go on for a few hours and the attending representatives present their budget wish-list to the Finance Minister.

  • RBI Monetary Policy: GDP growth projected at -7.5% in FY21, says Governor Shaktikanta Das Dec 04, 2020 10:33 AM IST

    RBI Monetary Policy: GDP growth projected at -7.5% in FY21, says Governor Shaktikanta Das

    RBI Monetary Policy: Reserve Bank of India Governor Shaktikanta Das said that there were nascent signs of economic recovery seen in second half of FY21.

  • RBI Monetary Policy: MPC projects headline inflation at 6.8% in Q3 2021 Dec 04, 2020 10:29 AM IST

    RBI Monetary Policy: MPC projects headline inflation at 6.8% in Q3 2021

    Governor Das said that CPI inflation is expected to be 6.8% for Q3 adding that it is projected to decrease to 5.8% for Q4.

  • RBI Monetary Policy: What analysts expect from the MPC Dec 04, 2020 08:32 AM IST

    RBI Monetary Policy: What analysts expect from the MPC

    A CNBC-TV18 poll of 20 economists found that none of the respondents expected the RBI to cut the repo rate on December 4.

  • Big Story | RBI Monetary Policy Review: What to expect today? Dec 04, 2020 08:06 AM IST

    Big Story | RBI Monetary Policy Review: What to expect today?

    Reserve Bank of India's monetary policy committee (MPC) will announce the outcome of its three-day bi-monthly meeting on December 4. Here's what to expect:

  • Coronavirus News Highlights: Himachal Pradesh reports 803 fresh cases in past 24 hours Dec 04, 2020 07:20 AM IST

    Coronavirus News Highlights: Himachal Pradesh reports 803 fresh cases in past 24 hours

    Coronavirus News Highlights: Total COVID-19 cases in India have reached 95.71 lakh. There are 4,16,082 active cases in the country.

  • Indian economy is gradually recovering: IMF Dec 03, 2020 10:30 PM IST

    Indian economy is gradually recovering: IMF

    Fiscal, monetary, and financial sector measures announced to date provided much-needed support to the economy, including businesses, agriculture, and vulnerable households, Rice said in response to a question on the IMF's assessment of India's economy during the coronavirus pandemic.

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