Economy News

Centre for data analytics

Government unveiled a Centre of Excellence for Data Analytics (CEDA),with a view to fast-tracking the adoption of data analytics in the government to improve delivery of services to citizens.

posted by Jawwad Kazi 29th Sep 2018

RBI eases cash reserve rules

The Reserve Bank of India allowed banks to dip further into statutory liquidity ratio (SLR) reserves in a bid to provide more liquidity in the financial markets hit by the IL&FS group defaults.

posted by Jawwad Kazi 28th Sep 2018

Government has increased customs duty on total 19 categories of “non-essential items” .

Government has increased customs duty on total 19 categories of “non-essential items” .

posted by Jawwad Kazi 27th Sep 2018

Cabinet gives nod to new telecom policy

The Union Cabinet approved the new telecom policy, named as the National Digital Communications Policy (NDCP) 2018.

posted by Jawwad Kazi 27th Sep 2018

Short­-term rates rise as liquidity dries up

The redemption pressure on mutual funds (MFs)and liquidity crisis at IL&FS have combined to trigger a liquidity deficit in the system.

posted by Jawwad Kazi 25th Sep 2018