Prelim - Economy

Low recoveries of NPAs: RBI data

While public sector banks have claimed a Rs. 1,50,960-crore reduction in their non-performing asset (NPA) levels over 2017-18 ...

RBI may pay interim dividend of Rs. 10,000 cr.

RBI may pay interim dividend of Rs. 10,000 cr. ...

India to join multilateral lender EBRD

The EBRD works with the private sector and also local governments in the provision of services and infrastructure across 38 nations – with projects ranging from transport provision to agribusiness, heating, waste management, to renewable energy ...

GDP surges in third quarter

The fast recovery in the economic indicators like IIP, PMI and consumer demand reflects a positive economic sentiment and that India is on the right path to become one of the fastest major economy in the world surpassing China ...

ED suspects similar frauds at other banks

In the PNB case, the accused officials misused the Society for Worldwide Inter-bank Financial Telecommunication (SWIFT) system to verify the fraudulently issued LoUs, confirming to the overseas branches of several banks that they could extend foreign exchange credit to the beneficiaries ...

10.5% hike in allocation for Home Ministry

A total of Rs. 100 crore has been earmarked for Nirbhaya Fund to protect the safety of women, while Rs. 81.75 crore has been allocated for the National Emergency Response System and prevention of cybercrimes against women and children ...

49% foreign ownership in AI

The Centre eased FDI norms in AI ...

What does mean Fiscal Deficit

It is an indication of the total borrowings needed by the government ...

Why is the fiscal deficit widening

Govt. may miss fiscal deficit target ...