Tag: business
Petrol Rates Down For 5th Day Running, Diesel Stays Unchanged
State-run oil marketing firms marginally lowered petrol prices for the fifth consecutive day on Sunday under the dynamic pricing regime although the rates continue to rule at unprecedented levels following the resumption of daily price changes after a 20-day suspension of the system last month owing to the Karnataka elections.....
Indian Economy To Advance 7.3% In 2018-19, Fastest Growing: World Bank
India is projected to regain its position as the world's fastest growing major economy advancing 7.3 per cent this fiscal year and 7.5 per cent in the next two "as factors holding back growth in India fade", according to the World Bank forecasts.....
RBI Hikes Repo Rate By 25 Basis Points To 6.25 Per Cent
Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said.....
CEA Arvind Subramanian's Term Won't Be Extended On His Own Request: Jaitley
The Chief Economic Advisor (CEA), Arvind Subramanian's term would not be extended any further as he wants to go back to the US due to family commitments, Finance Minister Arun Jaitley said in a Facebook post on Wednesday. ....
Non-subsided LPG In Delhi Hiked By Over Rs 55 Per Cylinder From July
The price of non-subsidised LPG cooking gas will be hiked by Rs 55.50 per cylinder in New Delhi, and that of the subsidised one by a marginal Rs 2.71, effective July 1.....
RIL Launches JioGigaFiber, Rolls Out Plans For Hybrid Online-offline Retail Model
Reliance Jio has doubled its subscriber base to 215 million in 22 months, Reliance Industries' (RIL) Chairman & Managing Director Mukesh D. Ambani said here on Thurday. ....
RBI Hikes Key Lending Rate By 25 Basis Points To 6.5%
The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.....
Lok Sabha Passes GST Amendment Bills
The Lok Sabha on Thursday passed four bills that seek to amend GST laws which, among other things, seek to simplify the return filing process and increase the upper limit of turnover for opting for composition scheme from Rs 1 crore to Rs 1.5 crore, among others.....
India's WPI Eases To 5.09% In July
India's annual rate of inflation based on wholesale prices eased to 5.09 per cent in July from a rise of 5.77 per cent in June, official data showed here on Tuesday.....
India To Become Fifth Largest Economy Next Year: Jaitley
India is on track to surpass Britain next year to become the fifth largest economy in the world and to emerge among the "big three" global economies by 2040, Finance Minister Arun Jaitley said on Thursday.....
