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RBI cancels certificate of registration of 4 NBFCs

08/02/2016 15:07

Reserve Bank of India on Monday said that it has cancelled the certificate of registration of four non-banking financial companies.

No details were given by the apex bank for cancellation of the certificates of these firms. 97 more words

RBI gets award for innovation in XBRL reporting

05/02/2016 17:35

The Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been given the XBRL International Award for Excellence. 127 more words

Weekly Wrap: A less volatile week ahead as China stays away for festival

As published in the FC.

This week regulators in the UK granted scientists the permission to genetically modify human embryos. Even though implanting the engineered embryos into a woman remains illegal, the world might be ready to meet the first generation of designer babies sooner than later. 1,026 more words

Indian FDI Reportings-- Mandatory filing of ARF, FCGPR etc on e-Biz platform

RBI   has   announced  Mandatory filing of
form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of
physical filing from February 8, 2016.

RBI/2015-16/303
A.P. (DIR Series) Circular No. 382 more words

ARF

RBI to buy back inflation indexed bonds maturing in 2023

The Reserve Bank today said government will repurchase the inflation-indexed bonds (IIBs) maturing in 2023 through a reverse auction on February 11.

The not-so-successful bonds have received a tepid response due to poor marketing and tax issues. 32 more words

India's GDP numbers are so dodgy that even the central bank has doubts about them

The skepticism arrived soon after India’s Central Statistical Office (CSO) put out revised GDP numbers last January.

India’s chief economic advisor, Arvind Subramanian, said he was… 369 more words

Let the rupee slide - Summary

This article, published in The Indian Express, has been written by Ila Patnaik. To read the original article visit –  The Indian Express. The following is an attempt to summarize the article with avoiding as many jargons as possible. 307 more words

Budget 2016