Tag: business
CII Pegs India's Growth Between 7.3-7.7% Riding On "structural Reforms"
Industry chambers Confederation of Indian Industry (CII) on Monday said that it expects India's economy to grow at 7.3-7.7 per cent in 2018-19 on the back of "sustained structural reforms", recovery in global markets and a normal monsoon.....
Up For 15th Straight Day, Petrol Crosses Rs 86 A Litre In Mumbai
The petrol price in the country's financial capital breached the Rs 86-a-litre mark on Monday as fuel prices across the country increased for the 15th day in a row after the resumption of the dynamic pricing system on May 14.....
Mudra Helped Entrepreneurs Escape Moneylenders, Middlemen's Clutches'
Prime Minister Narendra Modi on Tuesday interacting with the beneficiaries of the Pradhan Mantri Mudra Yojana (PMMY) said the scheme has broken the "vicious cycle" of moneylenders and middlemen who used to control an entrepreneur's dream.....
BJP's Policy Blunders Causing Economic Failure: Chidambaram
Former Finance Minister P. Chidambaram on Monday said the BJP government's "administrative incompetence" and "policy blunders" were responsible for the rising farm distress, unemployment and failure of economy.....
Cabinet Nod For Rs 24,000 Cr FDI In HDFC Bank
The Cabinet on Wednesday approved Rs 24,000 crore foreign direct investment (FDI) into HDFC Bank, Finance Minister Piyush Goyal said here.....
India's May Wholesale Inflation Doubles Year-on-year To 4.43%
A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 per cent, to nearly double over the 2.26 per cent registered in May last year and higher than the 3.18 per cent recorded in April, 2018, Commerce Ministry data showed on Thursday.....
Red Corner Notice Issued Against Nirav Modi
Interpol has issued a red corner notice (RCN) against fugitive diamond jeweller Nirav Modi after the CBI requested this in connection with the Rs 13,500 crore fraud on Punjab National Bank (PNB), officials said here on Monday.....
Sensex, Nifty Touch New Record Highs; Banking Stocks Rise
Key equity indices - BSE Sensex and NSE Nifty50 -- touched fresh all-time highs on Monday, supported by healthy buying in banking, consumer durables and auto stocks.....
Rupee Hits Record Low Against US Dollar
Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday.....
Rupee Devalues To Record Low Near 70.20
Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning trade session on Thursday.....
