Business

March 15, 2019 8:42 PM

India's trade deficit narrows; exports up by 2.44%, imports decline by 5.4%

India's trade deficit narrowed in the month of February this year to 9.6 billion dollars.  According to data released by the Commerce Ministry today, the country's exports grew by 2.44 per cent year-on-year to 26.67 billion dollar while imports declined by 5.4 per cent to 36.26 bil...

March 14, 2019 1:18 PM

Inflation, based on wholesale prices rises to 2.93 % in February

Inflation, based on wholesale prices, rose to 2.93 per cent in February. According to government data released today, inflation of primary articles, which includes kitchen essentials like potato, onion, fruits, and milk increased to 4.84 per cent during the month, as against 3.54 in January. The inf...

March 13, 2019 5:18 PM

Govt releases national guidelines on responsible business conduct

Ministry of Corporate Affairs has released national guidelines on responsible business conduct. These guidelines urge businesses to actualise the principles in letter and spirit.  An official release said, the Ministry has revised the National Voluntary Guidelines on Social, Environmental and Econom...

March 13, 2019 5:10 PM

Sensex surges 217 points; Nifty ends at 11,342

Benchmark domestic stocks Wednesday closed with gains for the third straight session. Sensex and Nifty, both, rallied even as cues from global stocks were negative.  Sensex at Bombay Stock Exchange surged 217 points or 0.6 per cent to end at 37,752.  Nifty at National Stock Exchange also gained 41 p...

March 13, 2019 7:19 AM

RBI to infuse Rs 12,500 crore via OMOs

The Reserve Bank of India, RBI has said it will infuse 12,500 crore rupees into the system through open market operations (OMOs) tomorrow. The central bank said in Mumbai yesterday that based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, i...

March 12, 2019 7:29 PM

Industrial growth slows to 1.7% in January 2019

Industrial output growth stood at 1.7 per cent in January this year on account of slowdown in the manufacturing sector.  According to the Ministry of Statistics and Programme Implementation data released on Tuesday, factory output as measured in terms of the Index of Industrial Production (IIP) had ...

March 12, 2019 5:08 PM

Sensex shoots up 481 points; Nifty reclaims 11300-level

Benchmark domestic stocks Tuesday surged more than one per cent extending previous session's gains.  Sensex reclaimed 37,500 mark while Nifty settled above 11,300 amid positive cues from global stocks.  Sensex at Bombay Stock Exchange climbed 482 points to end at 37,536.  Nifty at National ...

March 11, 2019 6:02 PM

Sensex surges 383 points; Nifty closes at 11,168

Benchmark domestic stocks Monday closed with gains of more than one per cent amid Positive cues from Asian markets.  Sensex at Bombay Stock Exchange climbed 383 points to regained 37,000 mark to end at 37,054.  Nifty at National Stock Exchange also surged 133 points to settle at 11,168.   

March 5, 2019 8:33 PM

Govt committed to facilitate trade, industry in country: Jaitley

Finance and Corporate Affairs Minister Arun Jaitley today said the government is committed to facilitate trade and industry in the country so that the momentum of the growth continues to move up. He asked the leaders of various industries to comply with the recent recommendations of the GST Council ...

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