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Dec 05, 2020 10:08 AM IST Insurance agents are now taking advantage of the dispensation of the physical signatures by selling policies to unaware customers.
Dec 04, 2020 08:55 PM IST 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.
Dec 04, 2020 08:43 PM IST Despite the coronavirus outbreak and fears of economic uncertainty, IIT campus placements continued to see an upward movement.
Dec 04, 2020 08:40 PM IST 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.
Dec 04, 2020 08:10 PM IST The Commerce Department said on Friday the trade gap rose 1.7 percent to $63.1 billion in October.
Dec 04, 2020 08:00 PM IST Nonfarm payrolls increased by 245,000 jobs last month after rising by 610,000 in October, the Labor Department said on Friday.
Dec 04, 2020 06:57 PM IST 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.
Dec 04, 2020 03:14 PM IST 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
Dec 04, 2020 03:05 PM IST 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.
Dec 04, 2020 02:01 PM IST 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.
Dec 04, 2020 01:30 PM IST 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.
Dec 04, 2020 12:57 PM IST 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
Dec 04, 2020 12:47 PM IST 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.
Dec 04, 2020 11:45 AM IST RBI Governor Shaktikanta Das said that RBI's role as debt manager and banker to the government was tested to the hilt in 2020.
Dec 04, 2020 11:33 AM IST 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.
Dec 04, 2020 11:21 AM IST Read full text of Reserve Bank of India governor Shaktikanta Das speech here.
Dec 04, 2020 11:03 AM IST 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.
Dec 04, 2020 10:57 AM IST To include MSP, introduce another legislation if needed, says Bharatiya Kisan Sangh, a vital member of Sangh family.
Dec 04, 2020 10:54 AM IST 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.
Dec 04, 2020 10:33 AM IST 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.
Dec 04, 2020 10:29 AM IST 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.
Dec 04, 2020 08:32 AM IST A CNBC-TV18 poll of 20 economists found that none of the respondents expected the RBI to cut the repo rate on December 4.
Dec 04, 2020 08:06 AM IST 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:
Dec 04, 2020 07:20 AM IST Coronavirus News Highlights: Total COVID-19 cases in India have reached 95.71 lakh. There are 4,16,082 active cases in the country.
Dec 03, 2020 10:30 PM IST 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.
