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June 6, 2019 2:27 PM
The RBI has pegged the inflation rate at 3.0-3.1 per cent for April-September and 3.4-3.7 percent for the October-March period. The Monetary policy committee headed by RBI Governor Shaktikanta Das today said a sharp slowdown in investment activity along with a continuing moderation in private consum...
June 5, 2019 9:12 PM
The World Bank has forecast that India's economy is projected to grow at 7.5 per cent in the next three years, supported by robust investment and private consumption. The bank in its Global Economic Prospects released yesterday said that India is estimated to have grown 7.2 per cent in fisc...
June 5, 2019 5:52 PM
Foreign direct investment in services sector grew 36.5 per cent to 9.15 billion US dollars in 2018-19 fiscal. According to the Department for Promotion of Industry and Internal Trade (DPIIT), the sector attracted FDI worth 6.7 billion dollars in 2017-18 fiscal. Services sector includes finance, bank...
June 5, 2019 8:10 AM
June 4, 2019 9:44 PM
Indian Railways have placed a significant order for 25, more energy efficient, retro fitted electrical locomotives from the public sector Bharat Heavy Electricals Limited (BHEL). The achievement is significant since it comes a day before Environment Day is being celebrated the world over. This follo...
June 2, 2019 8:54 PM
International Air Transport Association, IATA, has said that India and China are projected to account for nearly half of the air passenger growth worldwide over the next two decades, with travellers coming from all walks of life. It said that with more number of people making air travel, India was o...
June 2, 2019 7:33 PM
Overseas investors pumped more than 9,000 crore rupees into the Indian capital markets in last month on expectations of more business-friendly measures following the BJP's landslide victory in the general elections. Interestingly, foreign investors were net sellers for the first three weeks...
June 2, 2019 4:49 PM
ONGC, India's top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country's most profitable public sector company. According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 per cent jump in its 2018-...
June 2, 2019 4:48 PM
The intensifying US-China trade war and rising fuel prices will continue to bog down airline profits this year. The International Air Transport Association at the annual meeting of global airlines in Seoul today said that 2019's collective net profit was forecast to be 28 billion US dollars...
June 1, 2019 7:19 PM
The GST revenue collection has crossed one lakh crore rupees in May this year, which is a growth of 6.67 per cent over the revenue collected in the same month last year. The GST collected during last month was one lakh 289 crore rupees as compared to over 94 thousand crore rupees in the same period ...
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Last Updated: 29th Apr 2026
