Prime Minister Narendra Modi´s ´Make in India´ initiative may come to the rescue of an industry that has its fate closely tied to economic cycles - shipbuilding.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Tag: Central Bank
Dr. Samantak Das’s reaction on RBI’s decision to hike repo rate
RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth.
RBI to conduct scrutiny of license applicants
Reserve Bank of India (RBI) Deputy Governor Anand Sinha informed media persons that would conduct both internal and external scrutiny to assess the applicants for new bank licenses. The central bank would set up an external scrutiny panel for this purpose after the internal scrutiny is over, Sinha, who is in-charge of banking supervision, said on the
RBI steps may not rein in rupee weakness: economists
Some analysts feel that the recent moves by Reserve Bank of India (RBI) to arrest rupee depreciation may not be effective. It may be recalled that the central bank further tightened rupee liquidity by restricting the borrowing of banks under the daily liquidity adjustment facility (LAF)
to 0.
RBI wants traders to export 20% of imported gold
In order to reduce the domestic consumption of gold, the Reserve Bank of India (RBI) mandated importers of the yellow metal to export 20 percent of the gold from the arrived consignment. Presently, a very small portion of gold is exported and the above move is expected to boost re-export of gold.
Of the 970 tonnes of gold imported last year, only 70 tonn
RBI relaxes norms for bank credit to MFIs
Reserve Bank of India (RBI) relaxed the norms for categorising priority sector lending of commercial banks to microfinance institutions (MFIs). According to the present norms, banks can categorise credit extended to MFIs as priority sector lending if
if at least 75 per cent of loans given by MFIs is for income generating activity. Now, the central bank relaxed this limit to at least 70 per cent. Thus, according to the relaxed norm, bank credi
RBI trains guns on speculative position in NDF mkt
Reserve Bank of India (RBI) feels that foreign units of Indian companies and foreign companies in which part of equity is held by Indian firms have a role to play in the depreciation of rupee against the dollar. The central bank feels that these entities may be taking speculative position in the non-deliverable forward (NDF) market resulting in the depreciation of rupee against the
RBI to use all tools to reduce currency volatility
Reserve Bank of India (RBI) Governor D Subbarao informed reporters that the central bank does not have any target for rupee level but will use all the instruments it has to reduce volatility. The Indian rupee depreciated against the dollar sharply to over Rs 60 recently
Bank credit to housing sector declines since FY08
The financial stability report of the Reserve Bank of India (RBI) shows bank credit to the housing sector declined to 9.5 percent in 2012-13 from a high 13.3 percent in 2007-08. The report notes that the decline in the growth of bank credit to the sector brought down demand. However, despite this, house prices in some metropolitan cities have witnessed significant increases in the recent past, the report notes
RBI gets 26 applications for bank license
Reserve Bank of India (RBI) is learnt to have received 26 applications for banking license from corporates, non-banking finance companies (NBFCs), microfinance institutions (MFIs) and other players. The country's leading corporates like Tata Sons, Aditya Birla Nuvo , L&T Finance Holdings, a unit of engineering major Larsen & Toubro Ltd are among the aspirants for new bank license, a statement by the RBI show
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