Tag Archives: Business

Moody’s downgrades India’s rating to ‘BAA3’

Posted on June 1, 2020 - 2:54pm by Times
tag.php

New Delhi, Jun 1 (PTI) Moody’s Investors Service on Monday downgraded India’s sovereign rating to ‘BAA3’ from ‘BAA2’, saying there will be challenges in implementation of policies to mitigate risks of a sustained period of low growth and deteriorating fiscal … Continue reading →

Posted in News | Tagged , | Leave a comment

FM launches instant allotment of e-PAN based on Aadhaar

Posted on May 28, 2020 - 12:38pm by Times
tag.php

New Delhi, May 28 (PTI) Finance Minister Nirmala Sitharaman on Thursday launched a facility for instant allotment of online PAN on furnishing of Aadhaar details. The Budget 2020-21 had proposed to launch a system under which Permanent Account Number shall … Continue reading →

Posted in News | Tagged , , | Leave a comment

RBI ramps up economic support; cuts interest rates, extends loan moratorium

Posted on May 22, 2020 - 12:49pm by Times
tag.php

Mumbai, May 22 (PTI) The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to lend more to corporates in an effort to support the economy which is likely to contract … Continue reading →

Posted in News | Tagged , | Leave a comment