MUMBAI: Hinting at further rate cuts, Reserve Bank of India (RBI) governor Shaktikanta Das said that the central bank had paused in its rate cuts in December as it was waiting for an opportune time to ease policy.
Union Finance Minister Nirmala Sitharaman on Monday said the government was making every effort to be on track to reach its goal of making India a $5 trillion economy in the stipulated timeline.
Mumbai: The RBI has barred banks from charging any fee for electronic fund transfers from savings accounts.
Finance Minister Nirmala Sitharaman on Friday dismissed questions on a time period on the uptick probability of the economy amidst rising inflation and contracted factory output and second quarter GDP growth falling to 4.5% saying she would continue to intervene in the economy when and wherever needed.
In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business and creating a robust insolvency framework.
Micro, Small and Medium Enterprises (MSME) Minister Nitin Gadkari has approved the changes in the Interest Subvention Scheme guidelines for MSMEs.