Tag archive for ‘in’
By Loknath Das On Tuesday, December 18th, 2018
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MA in History, Shaktikanta Das is first non-economist in 28 years to be RBI governor

There are no fixed eligibility criteria for appointment of a person as the RBI governor. According to the RBI Act, appointment of governor is approved by the PMO on the recommendation of the finance minister. Shaktikanta More...

By Loknath Das On Tuesday, December 4th, 2018
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What Edelweiss’ reported stake sale in wealth, AMC business means for stock

Edelweiss Financial Services, one of the fastest growing non-banking financial companies (NBFCs) in the country, is considering part monetization of its stake (around 20-25 percent) in its wealth and asset More...

By Loknath Das On Wednesday, November 21st, 2018
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JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019

JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019 JP Morgan economists said the economy should grow at a slower pace of 1.9 percent from the fourth quarter’s year More...

By Loknath Das On Sunday, November 4th, 2018
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Rupee Recovers 2% Against Dollar In 2 Days: 10 Things To Know

The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at More...

By Loknath Das On Friday, October 5th, 2018
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State Bank of Mauritius’s Indian branch is the third domestic bank to be the victim of a cyber-attack in 2018

On 3 October, SBM Group, the parent company of the State Bank of Mauritius, announced that its Indian operations had suffered a cyber-attack the day before, and that as much as $14 million could have been siphoned More...

By Loknath Das On Wednesday, October 3rd, 2018
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Private equity firms are making bigger and bolder investments In India

PE funds are now increasingly investing in buyouts, cutting bigger cheques and snapping up larger stakes in target companies. In August, $1.6 billion worth of PE transactions took place across 50 deals with buyout More...

By Loknath Das On Monday, September 17th, 2018
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China seen as firewall in emerging economies’ currency crisis

CHINA is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries – loosely defined More...

By Loknath Das On Monday, September 3rd, 2018
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Cash still the king. Cash savings highest in a decade

The surge in cash savings at the cost of deposit growth has helped prop up financial assets, according to RBI. Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again More...

By Loknath Das On Monday, September 3rd, 2018
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This week in banking: Cash remains the king post demonetisation, says RBI

Whether demonetisation was a success or failure, today, cash remains the king as there is more of it in the economy than there was on November 8, 2016. Indian households are saving more now, a large part being More...

By Loknath Das On Wednesday, August 29th, 2018
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Survey insight: What is everyone investing in?

Recently we surveyed our readers on where they like to invest it was found that most UAE residents invest in real estate (36.4%), some invest in commodities such as gold and silver (9.1%) and in other countries, More...