Why do we need external benchmarks while pricing loans?
An internal Study Group constituted by the Reserve Bank of India (RBI) has recommended that banks should set interest rates based on an external benchmark and not as per internal…
Anatomy of a decline
Introduction: Indian growth indicators have been in constant decline, in the April-June quarter, growth plummeted to a dismal 5.7 per cent. The growth for fiscal 2017-18 is projected to be…
India 100th on Global Hunger Index
India has a “serious” hunger problem and ranks 100th out of 119 countries on the global hunger index — behind North Korea, Bangladesh and Iraq but ahead of Pakistan, according…
Nobel Prize in Economics 2017
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017 was awarded to Richard H. Thaler ''for his contributions to behavioural economics.'' Dr. Thaler (72) has incorporated…
Inter-bank Local Currency Credit Line Agreement and Cooperation Memorandum relating to Credit Ratings
The Union Cabinet has given its approval to the signing of the (i) Interbank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum Relating to Credit Ratings by Exim Bank with participating member banks…
Jan Sampark
The Central Adoption Resource Authority (CARA) of the Ministry of Women & Child Development has started a monthly “Jan Sampark” program to enable the public to have interaction with its…
Global Competitiveness Index
India remains the most competitive country in South Asia, appearing at No. 40 in the global competitiveness ranking of 137 countries by the World Economic Forum (WEF). The ranking is…
Deendayal Port Trust
The Kandla Port, one of the top 12 major ports in the country, has been rechristened as Deendayal Port from 25th Sept 2017 in the name of Hindutva icon pandit…
Electronic Negotiable Warehouse Receipt (e-NWR) System
Union Minister of Consumer Affairs, Food and Public Distribution today launched the Web Portal of Warehousing Development and Regulatory Authority (WDRA) & “Electronic Negotiable Warehouse Receipt (e-NWR) System” in New…
World Nuclear Industry Status Report 2017
India is third in the world in the number of nuclear reactors being installed, at six, while China is leading at 20, the World Nuclear Industry Status Report 2017, released…
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