Board of Directors RBI
Amid the ongoing tussle between the Government and RBI, a meeting of Board of directors is to take place on November 19.
Credit growth at 5-year high
According to the latest data released by RBI, loan growth of commercial banks is at a five-year high on the back of strong demand.
India’s growth to slow to 7.3% in 2019: Moody’s
According to the Moody’s Investors Service, Indian economy will expand 7.4% in 2018, but the growth will slow down to 7.3% in the next year.
No ‘less cash’ two years post note ban
8 November 2018 completes the two years of demonetisation.
RCEP and concessions to India
According to an official source at Singapore, several Asian member countries of the proposed RCEP have offered India a significant concession in a bid to encourage it to join the partnership quickly.
Post-policy health conditions
All health conditions arising after the inception of a health insurance policy should be covered and cannot be permanently excluded.
Seychelles launches World’s First Sovereign Blue Bond
The Republic of Seychelles has launched the world’s first sovereign blue bond.
Small business to get easier credit
Amid a broader liquidity crunch, government launched a portal that will sanction a loan to an MSME in 59 minutes.
US withdraws GSP benefits
The US government withdrew GSP (Generalized System of Preferences) benefits to India worth $70 million on as many as 50 items.
Manufacturing sector activity rises
Country’s manufacturing sector witnessed improvement in its activity in October, as new orders increasing at a sharp rate and firms stepping up hiring.