Centre tries to defuse tension with RBI with a statement

THE ECONOMIC TIMES Wed, Oct 31, 2018 | 05:53 PM IST Daily Newsletter

Centre tries to defuse tension with RBI with a statement The government added that its has never made public the subject matter of those consultations and has only communicated the final decision.

Tatas, TCS violated rules in sacking Cyrus Mistry The RTI reply said the way Mistry was removed violated provisions under the Companies Act....

Tata Motors posts Rs 1,049 crore loss in Q2 Analysts in an ET NOW poll had estimated the loss figure at Rs 640 crore....

Section 7 & why it is being used against RBI This specific provision in the RBI Act empowers the government to issue directions to the RBI.

Data localisation: Surface tension The tussle between the RBI and payments companies goes beyond data localisation. Dunzo: Can Google's kid grow up and face its rivals? Lenskart's vision has little room for partners

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Deepak Shenoy: Look long term, pick midcaps in these 4 sectors Mutual Funds' interest in financials will return once confidence returns in the system, says Shenoy.... RBI-govt tussle: Paper leakage caused panic, says Subramaniam RBI-government debate is a healthy thing which should have gone on at the backend, says Sundaram MF CEO... India will need USD 4.5 trillion till 2040 for infra development: Amitabh Kant Kant further said that there is an urgent need to restructure entire existing public private partnership (PPP) framew... CII presents 10 point plan for financial stability CII noted that RBI must work out further credit lines to provide sufficient liquidity ....

Market Watch 31 Oct | 05:53PM| SENSEX NIFTY USD/INR GOLD 34442.05 ↑550.92 10386.60 ↑188.20 73.96 ↑0.28 31795.00 ↓-42.00

MARKET NEWS

No Diwali firework at malls and market: Here's what explains it Urban demand for consumer durables and automobile, too, has slowdown down....

The solution to India's liquidity crunch is far from home If the liquidity taps don't open soon for shadow lenders, property markets could be shaky....

Gainers Losers 31 Oct, 2018, 05:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Torrent Power 256.85 12.95 728665 259.65 233.50 Cummins India 747.95 10.97 891523 768.50 722.00 IRB Infrastructure Developers 139.45 10.46 700300 141.60 124.10 PNB Housing Finance 802.50 9.75 85526 824.75 725.25 Tech Mahindra 744.15 8.85 711389 750.40 671.25

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FROM THE NEWSPAPER

Cognizant cuts guidance, takes a $28 million hit on bribery issue In its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016....

RBI's PCA just baby steps before weak banks leap The government demands dilution of restrictions on lending to below 'Double A' rated borrowers, which it thinks taper...

RBI's Gurumurthy complains to Guv on Viral Acharya speech Gurumurthy told ET "Acharya going public on issues not discussed in or disclosed to the board which met just two days...

Discrepancy in probe against Rakesh Asthana by ex-CBI team Team under Superintendent Satish Dagar didn't seek custodial interrogation of Manoj Prasad, who has been accused of a...

NBFCs stare at Rs 50,000 cr ticking time bomb Out of Rs 50k cr of CPs coming up for redemption around Rs 5k cr were issued by a troubled HFCs....

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