Economy News

Centre to infuse funds into banks under PCA

The Finance Ministry is likely to decide on infusion of ₹14,500 crore mainly in banks that are under the RBI’s prompt corrective action (PCA) framework.

posted by Jawwad Kazi 13th Mar 2021

Government asks refiners to diversify oil imports

As per the government sources, India has asked state refiners to speed up diversification of oil imports to gradually cut their dependence on West Asian suppliers.

posted by Jawwad Kazi 10th Mar 2021

Government open to explore cryptocurrencies

The Union Minister of state for Finance said the government is open to evaluate and explore new technologies, including cryptocurrencies.

posted by Jawwad Kazi 7th Mar 2021

RBI article on Private investment

The Reserve Bank of India (RBI) recently published its article on growth and investment.

posted by Jawwad Kazi 3rd Mar 2021

U.S. trade report on ‘Make in India’ policy

An annual report submitted by the U.S. Trade Representative (USTR) flags issues from ‘Make in India’ policy.

posted by Jawwad Kazi 2nd Mar 2021