Union Budget Economy

Union Budget will be of great help in implementing National Education Policy: PM Modi

Prime Minister Narendra Modi on Monday said the Union Budget for 2022-23 will be of great help in implementing the National Education Policy on the ground and asserted that the decision to set up a National Digital University can solve the problem of shortage of seats in educational institutions in the country. Addressing a webinar on the […]

World Bank warns developing nations of post-COVID fragility in financial sector Economy

World Bank warns developing nations of post-COVID fragility in financial sector

The World Bank has called on developing countries to improve the health of their financial sectors, warning that risks created by the COVID-19 pandemic had led to certain fragilities from what it called ‘non-transparent debt’. These risks – as per the Bank’s World Development Report 2022, released on February 15 – may currently be hidden […]

India's manufacturing activities Economy

India’s manufacturing activities moderate in January as new orders, production expand at slower pace

India’s manufacturing sector activities moderated in January as new orders and production expanded at a slower rate as the new wave of COVID-19 restricted growth and affected business confidence that slipped to a 19-month low, a monthly survey said on Tuesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 54.0 […]

Bank asset quality may see sharp deterioration post-moratorium: RBI RBI

Four things to watch out for from today’s RBI policy

By Administrator_India Capital Sands  MUMBAI: The Reserve Bank of India Governor Shaktikanta Das will announce the policy decision of the Monetary policy committee on Friday at 10 am. This is the first meeting of the new MPC which was formed after the appointment of three external members – Jayant Verma, Ashima Goyal and Shashanka Bhide. […]

COVID19

Covid-19: Banks get more capital relief as ECB wants stimulus to work

By Administrator_India Capital Sands The European Central Bank offered lenders a fourth round of regulatory relief to help massive stimulus efforts feed through to a virus-stricken economy. Banks will be temporarily allowed to tweak the math behind a financial strength metric known as the leverage ratio to their benefit by stripping out deposits held at central banks, the […]