After being granted a lifeline from the country’s largest insurer, the erstwhile state-run lender, IDBI Bank is now planning to turn to the Reserve Bank of India (RBI) for some forbearance to bring its house in order.
Bond dealers and economists are certain that the Reserve Bank of India (RBI) will lower the policy rate. However, there is disagreement on the timing.
GST collection for May is expected to be less than Rs 1 lakh crore, a senior official told Moneycontrol on condition of anonymity.
Global garment companies are failing to meet living wage promises to workers, according to a study published by researchers at the University of Sheffield today (30 May 2019).
A great deal of attention has been paid to the issues surrounding the Trump administration’s move to impose up to an additional 25 percent higher tariff on certain goods entering the United States from China.
In an increasingly globalized world, foreign trade is an important contributor to economic growth. Unfortunately, India’s merchandise trade has clocked slightly negative growth between 2011- 12 and 2017-18.