Tag: financial sector
Govt appoints Vaibhav Chaturvedi as RBI representative on IBBI board
The government has appointed Vaibhav Chaturvedi as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification. Currently,…
Fall in call market volumes makes transmission of repo rate tricky
Mumbai: When it comes to rate transmission, a challenge that the Reserve Bank of India (RBI) is faced with is the visible clout of various…
Festive demand will help shrug off temporary slowdown, says RBI report
Aggregate demand in India is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up…
Central banks are like wicketkeepers; always in spotlight during failures: RBI DG
Reserve Bank of India Deputy Governor Swaminathan J has likened central banks to wicketkeepers in cricket or goalkeepers in football who often go unnoticed in…
RBI governor’s warning on AI in financial sector: ‘Heavy reliance may lead to…’
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in…
Targeting 7%+ growth for next 2 decades: DEA secretary
New Delhi: India isn’t looking for a short burst of accelerated economic growth but a sustained expansion rate of over 7% for at least the…
Budget: FM Nirmala Sitharaman: Word we gave post-Covid on fiscal glide path will have to be honoured
Industry was extensively consulted while designing the employment schemes announced in the budget and will be involved at the implementation stage as well, finance minister…
FM Nirmala Sitharaman clears air on the budget proposals that got everyone talking
(This story originally appeared in on Jul 25, 2024) A day after presenting her seventh straight budget, finance minister Nirmala Sitharaman sat down with TOI’s…
Higher inflation, muted demand and consumption slowdown impacted India Inc performance in December quarter
India Inc reported muted performance in the third quarter of 2022-23 due to subdued demand, weak consumption in rural India and poor performance of energy…
4 reasons Bajaj Finance is this week’s stock pick
Bajaj Finance (BAF), a diversified NBFC, reported a strong performance in the third quarter of 2022-23 with a 40% y-o-y jump in net profit. The…