India has one of highest recovery rates due to flexible lockdown: PM

Oct 19, 2020

New Delhi [India], October 19 : Prime Minister Narendra Modi on Monday said that India has one of the highest recovery rates--88 per cent--because...

RBI hiked rates to prevent inflation from corroding economic recovery, MPC minutes reveal

Jun 22, 2022

Mumbai (Maharashtra) [India], June 22 : The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50...

Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala Sitharaman

May 30, 2024

Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor...

RBI keeps interest rates on hold as Covid-19 cases surge, GDP growth forecast at 10.5 pc

Apr 07, 2021

Mumbai (Maharashtra) [India], April 7 : The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative...

RBI keeps key interest rates on hold as Covid-19 cases rise

Apr 07, 2021

Mumbai (Maharashtra) [India], April 7 : The Reserve Bank of India (RBI) on Wednesday kept interest rates on hold and maintained an accommodative policy...

IMF projects 12.5% growth rate for India; increases global growth forecast

Apr 06, 2021

Washington DC [US], April 6 : The International Monetary Fund (IMF) is expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get...