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PM Modi wants RBI to project 20-year road map for financial inclusion

Today, Prime Minister Narendra Modi asked the Reserve Bank of India to prepare a 20-year road map for financial inclusion and nudged banks to be considerate in giving loans to the poor as also while making recoveries from them, especially farmers. “RBI will be completing 100 years in 2035..it will be appropriate for the central […]

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BSE Sensex gained 78 points in early trade ahead of inflation data

In an early trade today the benchmark BSE Sensex gained over 78 points as participants made fresh buying in selective stocks ahead of inflation data to be released later in the day. The 30-share index was trading higher by 78.52 points, or 0.27 per cent, at 28,581.82 as sectoral indices, led by IT, technology and […]

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Rajya Sabha approves long pending insurance bill

On Thursday night Parliament approved the NDA government’s first major economic reform measure as the long pending bill providing for raising foreign investment cap upto 49 percent in insurance sector was passed by Rajya Sabha after main opposition Congress and some other parties came on board. The controversial Insurance Laws (Amendment) Bill, 2015, which replaced […]