Market capitalism suffers from, what psychiatrists describe as, bipolar disorder. The affliction leads to alternate periods of elation and depression. This ailment can be controlled and managed by tre...

The State Level Bankers Committee in Bengal on Monday decided to keep the credit flow target to the MSME sector unchanged at Rs 90,000 crore, while it put in a request with the Reserve Bank of India t...

The shocking resignation of Reserve Bank of India governor Urijit Patel on Monday handed additional ammunition to the Congress, which had planned to corner the Narendra Modi government in the winter s...

The Narendra Modi government has reacted with characteristic petulance after Moody’s Investor Services said that it was trimming its outlook on India’s sovereign rating to negative from stable whi...

The government is likely to offer incentives to the real estate sector and is engaged in discussions with the RBI to resolve the issues faced by the industry. “The government is very keen and is wor...

The gloom and doom scenario in India’s economy darkened a little more on Friday after an independent database company threw up an alarming statistic: the unemployment rate in October had surged to 8...

Former RBI governor Raghuram Rajan, who faced a stinging attack from finance minister Nirmala Sitharaman for presiding over the “worst phase” of the Indian banking sector, on Thursday reminded her...

China has not accepted India’s proposal to carry out bilateral trade in local currencies which was aimed at bridging the ballooning trade deficit with the neighbouring country, an official said.Indi...

The board of Bandhan Bank has approved the proposal to increase the shareholding limits for foreign portfolio investors and foreign institutional investors from 24 per cent to 49 per cent of the paid-...

The Odisha government has asked public sector units and state government departments to be “very careful” while keeping deposits in “any bank” and said the authorities concerned would be perso...