Tag Archives: Reserve Bank of India

Insolvency proceedings against Jaypee stayed

NEW DELHI: The Supreme Court stayed the insolvency proceedings against JaypeeInfratech on Monday, infusing hope in approximately 32,000 home buyers that their money invested in the real estate major’s housing projects in the national capital region (NCR) would be safeguarded. Having formed various ...

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‘Shame On RBI’: P Chidambaram On Figures Post Notes Ban

P Chidambaram questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white. NEW DELHI:  Former finance minister P Chidambaram today used the Reserve Bank of India figures to lash out at it, saying one ...

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RBI’s dividend to Government falls by almost half to Rs 30,659 crore

For the year 2015-16, the RBI board had approved the transfer of surplus amounting to Rs 65,876 crore to the government. In the previous year, the Central bank had paid Rs 65,896 crore to the government, which came as a ...

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After tomato, surge in onion price likely

Traders estimate that Maharashtra farmers would have stored some 1.8 mt of onions from the last rabi crop which they sell in a staggered way. After tomatoes, it is onions that are threatening to turn the tide of low – ...

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Inflation fall, slowdown spur RBI to cut rate to 6-year low

The RBI cut is likely to put pressure on banks to lower interest rates on home, auto and personal loans further. Interest rates on loans and deposits are set to fall with the Reserve Bank of India (RBI) Wednesday slashing ...

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