DIPP may announce states' ranking on ease of doing biz this week

Last Updated: Tuesday, September 1, 2015, 23:26

The Department of Industrial Policy and Promotion (DIPP) is expected to release the ranking of states on 'ease of doing business' this week.

India plans to amend RBI Act by Feb to set up monetary panel: Official

Last Updated: Monday, August 31, 2015, 14:18

The government plans to change the Reserve Bank of India Act before the end of the fiscal year so it can set up a new committee to direct the country`s monetary policy, retiring Finance Secretary Rajeev Mehrishi told Reuters.

Sebi wants companies to adopt 'Dividend Distribution Policy'

Last Updated: Sunday, August 30, 2015, 13:12

Without forcing the companies to pay the dividend, the proposed policy would require them to state the circumstances under which their shareholders can or cannot expect a payout.

RBI chief Raghuram Rajan hints at fourth rate cut this year

Last Updated: Saturday, August 29, 2015, 14:21

Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has said he is not done with lowering rates and the central problem for the entire world remains slowing economic growth.

Fed says rate hike next month hinges on market volatility

Last Updated: Saturday, August 29, 2015, 03:36

The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.

RBI likely to keep repo rate unchanged: SBI chairman

Last Updated: Friday, August 28, 2015, 22:33

State Bank of India chairman Arundhati Bhattacharya on Friday said RBI is likely to keep repo rate unchanged in the September monetary policy review due to the uncertainty in the markets and a volatile rupee.

'RBI more likely to cut rates in September, GDP growth steady'

Last Updated: Friday, August 28, 2015, 13:25

There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

Govt, RBI reach consensus on monetary policy committee: Jayant Sinha

Last Updated: Thursday, August 27, 2015, 21:41

"As far as MPC is concerned, we have reached a consensus with RBI. On that, a (Cabinet) note has been prepared. We will have to see when it gets to the Cabinet," he said here.

NITI Aayog to bring out integrated energy policy: Panagariya

Last Updated: Thursday, August 27, 2015, 20:46

NITI Aayog will bring out a new integrated energy policy -- as was introduced by its predecessor the erstwhile Planning Commission -- which called for decontrolling of energy prices.

Rajan sets inflation fight, bank books clean-up as priorities

Last Updated: Thursday, August 27, 2015, 19:19

Reserve Bank Governor Raghuram Rajan on Thursday said the central bank will continue its focus on taming inflation, speeding up resolution of distressed projects and ensuring enough capital for banks through balance sheet clean-up.

Fed rate hike, earnings, Bihar polls to drive Indian markets: BofA

Last Updated: Thursday, August 27, 2015, 16:03

According to the global financial services major, if markets price-in a Fed rate hike, it will get easier for the RBI to cut rates by 25 basis points on September 29.

Much awaited draft aviation policy likely to delayed further

Last Updated: Wednesday, August 26, 2015, 21:26

The much awaited draft aviation policy is likely to be delayed further as certain provisions including easing of international flying norm for domestic carriers, are expected to be reworked.