Economy


RBI sets up panel to assist in loan recasts

New Delhi: A day after it announced a loan recast window for companies, the Reserve Bank of India (RBI) on Friday constituted a five-member expert committee to recommend financial parameters and sector specific benchmarks for…




India to cut low-quality Chinese imports from March 2021

ZT WEB DESK Many sub-standard and non-essential imports will be stopped from March 2021. (Bloomberg image)As India strives towards self-reliance, imports of many non-essential items will be curbed from March 2021. Minister of Consumer Affairs…






India’s debt to hit 87.6% of GDP in FY21: SBI Report

Mumbai: Covid-19 pandemic and the subsequent nationwide lockdown starting March 2020-end cast its shadow on the economy with most experts projecting a contraction. Increased borrowing by the government given these developments is likely to push…