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A roadside soft toy vendor waits for customers in Kolkata, West Bengal.

Union Budget 2021 | Govt may announce formulation of policy for toys sector

PTI Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.

INTERVIEW | V. Jagannathan Industry

‘Metro orders took a bad hit’

N Anand Infra projects kept Johnson Lifts on the move, says ED

Prepared to meet surge in demand: Coal India

PTI Friday saw record power consumption

RBI moots scale-based tighter regulatory framework for NBFCs

Special Correspondent Aims at staving off systemic risks

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Union Budget 2021 | Govt may announce formulation of policy for toys sector

‘Halwa’ ritual held, Budget app unveiled

Prepared to meet surge in demand: Coal India

INTERVIEW | V. Jagannathan Industry

‘Metro orders took a bad hit’

Petrol, diesel prices touch all-time highs

RBI moots scale-based tighter regulatory framework for NBFCs

Yes Bank Q3 net at ₹147 cr., NPAs rise

CEO says this is the third straight quarter when the bank reported profits.

IL&FS addressed debt of ₹2,500 crore in Q3

‘So far repaid ₹32,000 crore of debt’

Soaring fuel prices crowd out other spends on credit cards, says SBI Research

Pandemic has altered the spending habits of customers.

Petrol crosses ₹ 92 mark in Mumbai, diesel at all-time high

Oil Minister Dharmendra Pradhan earlier this week blamed Saudi oil output cut for the surge in oil prices but remained non-committal on tax cuts.

India within striking distance of attaining positive growth: RBI

India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped

‘Weak reform push, financial sector woes may damp growth’

Effective implementation key to realising India’s medium-term potential, says Fitch.

Emerging market NPAs to continue rising: S&P

‘Cost of risk to stabilise at high levels’

Fiscal deficit of states to hit peak of ₹8.7 lakh crore, says CRISIL

Revenue deficit contribution higher than last 5 years’ average.

Karnataka tops in innovation, shows NITI Aayog index

Maharashtra races past T.N. to occupy the second position

India must remain a part of global economy, open: Amitabh Kant

Essential to expand at 9-10%, says Kant

Native 5G model must to aid education, agri, healthcare: Ravi Shankar Prasad

India’s demand for telecom technology will be huge: Prasad

COVID-19 pandemic increasing disparities, social fragmentation; threatening economy, geopolitical stability: WEF study

The COVID-19 pandemic has not only claimed millions of lives, it is also increasing disparities and social fragmentation, while it will threaten the

Petrol crosses ₹ 85 mark for first time in Delhi, nears ₹ 92 in Mumbai

Petrol price on Tuesday breached the ₹ 85 a litre mark in the national capital and diesel neared record high after rates were raised for the second

China’s economy grows 2.3%, slowest pace in 44 years

Stimulus created 11.86 mn urban jobs.

Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel

With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre.

The Hindu Explains | What has the RBI cautioned against in its latest Financial Stability Report?

What prompted the RBI Governor’s warning? Why is the RBI concerned?

Trump tells U.S. depts to pare procurement from China

Bid to thwart attempts to infiltrate U.S. IT networks.

‘Refine quality of expenditure to aid fiscal sustainability’

Targets must be qualitative too: Das

Centre mulls BIC model for bank recap

Setting up a BIC as a holding company or a core investment company was suggested by the P.J. Nayak Committee.

Need to support economic revival, financial stability: RBI Governor

The Reserve Bank of India is positioning itself to provide an enabling environment where regulated entities are catalysed to exploit these new avenues while maintaining and preserving financial stability.

Exports rise a tad, imports surge in December

India’s exports rose marginally to $27.2 billion in December, while imports surged 7.6% to $42.6 billion, official data showed.Merchandise exports

Indian economy ‘weak,’ credit growth bottoming out: BofA

Real lending rates are dropping, says U.S. brokerage

India’s trade with China falls in 2020, deficit at five-year low

The trade deficit, a source of friction between India and China, declined to a five year-low of $45.8 billion, the lowest since 2015.

Farm Bills have potential to represent significant step forward for agriculture reforms in India: IMF

The IMF believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms,

India fifth largest market; focussed on meeting language needs, enhancing ease of access: Wikipedia

Wikipedia, which turns 20 on January 15 has over 55 million articles that can be accessed in more than 300 languages.

Coronavirus | India took ‘very decisive’ steps to deal with pandemic and its economic consequences: IMF chief

The IMF Managing Director during a global media roundtable on January 14 predicted a less bad outlook for India in the upcoming World Economic Update due to the steps taken by it.

December wholesale inflation slows to 1.22%

The inflation based on Wholesale Price Index (WPI) was 1.55% in November 2020, and 2.76% in December 2019.

Kerala allowed to borrow ₹2,261 cr. more

The Finance Ministry has enhanced Kerala’s borrowing limit by ₹2,261 crore, after the State joined seven others in completing reforms to improve the

Inflation slows to 4.59% as food prices ease

Industrial output slips back into contraction after two months with November IIP shrinking 1.9%, NSO data show

Retail inflation drops to 4.59 pc in December, says govt. data

Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November.

Govt rejects demand for further extension of returns filing date beyond Feb 15

The finance ministry has rejected the demand for further extension of the last date for filing returns where audit is required beyond February 15.

Stretched valuations threaten stability: Shaktikanta Das

RBI’s Das warns disconnect between markets and real economy pose risks to the financial system

Data | MSMEs continue to be most stressed sector, urban cooperative banks at risk

As of August 2020, 89.6% of all loans given by Urban Cooperative Banks to the MSME sector were under moratorium

RBI Financial Stability Report: Banks gross NPA may rise to 13.5% by September 2021

If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8%, the report said

Pandemic threatens to result in balance sheet impairments, capital shortfalls at lenders: Shaktikanta Das

He asked banks to exploit the current conditions to augment capital and also alter their business models, which will help in the future

To coin or not to coin?: The must-knows for the crypto-curious

As Bitcoin’s dollar value hits a correction, experts candidly chat about what you need to know about cryptocurrency before you hop on this fin-tech bandwagon

Indian economy heading towards V-shaped recovery in 2021: Assocham

The industry chamber said it expects immense accruals of economic benefits from the COVID-19 vaccination programme about to be rolled out.

Traders’ body seeks ban on WhatsApp, Facebook over new privacy policy

CAIT writes to IT Minister seeking government action.

December fuel demand rises to 11-month high

Diesel sales slip from year-earlier period for a second straight month dampening overall consumption.

Finance Ministry drafts model tender to ease purchases

The document standardises language.

India’s self-reliance goal must not to be taken as move ‘towards isolating itself’, says Sunil Munjal

Country has to focus on exports to become a key player in global trade, the Hero Enterprises Chairman said.

Jaishankar invites diaspora to be part of India’s efforts to build stronger capabilities

In an address at the Pravasi Bharatiya Divas, Jaishankar said the objective of the “Aatmanirbhar Bharat” initiative is to build greater capacities and enhance its contribution to the world.

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