June 2018

Bhutan issues circular for new Indian currency, warns against counterfeit notes

INDIA TODAY, June 20, 2018

Bhutan’s Royal Monetary Authority (RMA) allowed the use of new series of Indian currency in the denomination of 500 and 200 effective June 11……. More…

Expect another RBI rate hike by December 2018

INDIA TODAY, JUNE 19 2018

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuter’s poll of economists, but over one-third of them predicted a hike as early as at the next meeting in August……. More…

Smart Cities Mission is still very much a work in progress post three years of its launch

ECONOMICS TIMES June 09, 2018

The Narendra Modi government on June 25, 2015, unveiled with much fanfare the Smart Cities Mission (SCM), one of its marquee initiatives aimed at …… More…

US pips India as top Greenfield FDI investment destination: Report

ECONOMICS TIMES June 17, 2018

The US has surpassed India to become the top destination for greenfield FDI investment in 2017, says a report The number of greenfield FDI projects in India during the year fell sharply by 21 per cent to 637, said the FDI…. More…

Govt may launch Rs 500 crore credit enhancement fund in July: Finance Ministry official

ECONOMICS TIMES Jun 11, 2018

The government is likely to launch a Rs 500-crore credit enhancement fund next month to facilitate infrastructure investments by insurance and pension funds, a senior finance ministry official said today. More…