LATEST ARTICLES

Foreign Direct Investment (FDI) policy in Ecommerce

by
(After the review in December 2018) The government has made an amendment to the existing FDI policy in ecommerce on 26th of December 2018. After the review, the FDI policy in ecommerce will have the...

Centre brings a serious review to the ecommerce policy

by
The government has brought major changes in the ecommerce policy that will alter operations of the existing operators – Amazon and Walmart owned Flipkart. Two major changes under the ‘Review of foreign direct investment...

Government to allocate Rs 41000 crores to PSBs

by
The Government has sought Parliament’s permission to issue additional Recaptialisation bonds worth of Rs 41000 crores to strengthen the Public Sector Banks (PSBs).The additional capital is expected to help those PSBs which are either...

PSBs demand relaxation of resolution norms

by
In the critical first meeting with the newly appointed RBI Governor, PSBs managers demanded relaxation of the RBI’s revised framework for the resolution of stressed assets. The RBI has declared the norm on February...

Demonetisation architect- Shaktikanta Das is the new RBI Governor

by
Former Economic Affairs Secretary Shaktikanta Das has been selected as the new Governor of the RBI. Mr Das, an IAS officer, was the Government representative to the RBI’s Director Board when demonetisation was announced...

The Governor’s exit and the future of Central Banking in India

by
There is one certain thing about the exit of Governor Urjit Patel -that his resignation is not personal. Rather, the Governor opted to quit finding that the institution he managed and preserved by his...

Patel quits; citing personal reasons

by
“My time at the central bank is up and that is why I have decided to leave my post definitively, with the satisfaction of my duty fulfilled,”That was the quote made by RBI’s Deputy...

Russia mediates OPEC to bring a bigger production cut

by
The quarreling oil producers were brought together by their new fried Russia to conclude a surprising and more than expected crude production cut agreement. The turnaround has reversed the declining oil prices in European...

Financial Benchmarking in India

by
Financial benchmarking is estimating and producing standard market rates for leading financial indicator like interest rate, foreign exchange rate, pricing of government securities etc. These rates like interest rate or foreign exchange rate that...

Crude’s future lies in Russian hands

by
Global crude price is reversing once more. On Thursday, the American WTI went below $50, but recovered quickly to $51 after the news about Russia’s support for production cuts.The Brent came down to high...