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Rajan's right: Govt should compensate PSBs, not use them as extended arms

Aug 28, 2015

Rajan's right: Govt should compensate PSBs, not use them as extended arms

When government forces state-run banks to carry out financial sector activities, but refuses to fully compensate them, that creates distortions in their business. #Economy #RBI #IMF #Narendra Modi #ConnectTheDots #Agriculture #International Monetary Fund #Arun Jaitley #Raghuram Rajan #Aadhaar #public sector banks #Indian Banks Association #Indradhanush #Make In India #Jan Dhan Yojana
Staying focused: RBI to bring down inflation to 4% by March 2018

Aug 28, 2015

Staying focused: RBI to bring down inflation to 4% by March 2018

RBI has projected consumer inflation will hit 6% by January 2016 before gradually easing to 4% in two years later #Economy #RBI #Central bank #Government #Repo rate #Consumer inflation
China may halt Yuan weakening drive to curb capital outflows, calm global nervousness

Aug 27, 2015

China may halt Yuan weakening drive to curb capital outflows, calm global nervousness

Government economists and policy advisers say the People's Bank of China will now try to stop the yuan weakening much past 6.5 per dollar #China #China slowdown #Yuan #People's Bank of China #Policy makers #PBOC #currency devaluation
Ola offers Rs 1 lakh benefits to drivers who opt for CNG

Aug 26, 2015

Ola offers Rs 1 lakh benefits to drivers who opt for CNG

The move will help the Bengaluru-based firm comply with a Supreme Court ruling that says commercial vehicles can not ply in Delhi unless converted to the single fuel mode of CNG. #Business #Tata Motors #CompanyWatch #Maruti #Hyundai #SoftBank #Ola #Ola Green Pragati Week
Stock markets have no immunity: What China learns after the great fall

Aug 26, 2015

Stock markets have no immunity: What China learns after the great fall

The situation is a tad similar to what happened when the erstwhile Soviet Union was just coming out of communism. #Economy #Sensex #Bombay Stock Exchange #CRR #ConnectTheDots #People's Bank of China #Shanghai Stock Exchange Composite Index
Sensex plunges 318 pts at close on wobbly global equities, F&O expiry

Aug 26, 2015

Sensex plunges 318 pts at close on wobbly global equities, F&O expiry

Market breadth ended marginally weak, with 1,346 stocks declining against 1,321 advances on BSE. #Sensex #nifty #RBI #BSE #GST #MarketClose #Rate cut #global markets #CNX #Chinese markets #Chinese central bank
Rana Kapoor gets fresh three-year term as Yes Bank chief

Aug 25, 2015

Rana Kapoor gets fresh three-year term as Yes Bank chief

Yes Bank in a statement said the reappointment of Kapoor will come into effect from 1 September 2015. #Business #RBI #Yes Bank #CompanyWatch #Rana Kapoor
Moodys warns India on reforms: Global turmoil is a wake-up call for Modi govt

Aug 25, 2015

Moodys warns India on reforms: Global turmoil is a wake-up call for Modi govt

The only way India can safeguard its position in an uncertain world economy is by bringing in meaningful reforms #Narendra Modi #economic reforms #revival #Bank Recapitalisation #Bank NPAs #Moody's investor services