Business

FM meets CEOs of PSBs to take stock of banking sector

January 28, 2019 9:07 PM

FM meets CEOs of PSBs to take stock of banking sector

Union Finance Minister Piyush Goyal  today met the CEOs of public sector banks in New Delhi to take stock of banking sector and discuss ways to improve their financial health. The meeting assumes significance as it comes just  days ahead of the Budget 2019-20. Mr Goyal has been given additional char...

I&B Ministry to increase advertisement rates by 11% to private TV channels

January 26, 2019 9:44 PM

I&B Ministry to increase advertisement rates by 11% to private TV channels

Information and Broadcasting Ministry has decided to revise the advertisement rates offered by the Bureau of Outreach and Communication (BOC) to private TV channels. The Ministry in a statement said, the revision would lead to an increase in rates of around 11 per cent over the rates of 2017 in resp...

January 25, 2019 7:42 PM

Trade tensions essentially a political problem, says UN Chief

January 24, 2019 6:09 PM

Trade tensions essentially a political problem, says UN Chief

United Nation's head Antonio Guterres has said that trade tensions impacting the world economy are essentially a political problem and warned that a fragmented response to global challenges is a recipe for disaster. In a special address at the World Economic Forum Annual Meeting 2019 in Dav...

China's economy grew at 6.6% in 2018, slowest rate in almost 3 decades

January 21, 2019 1:08 PM

China's economy grew at 6.6% in 2018, slowest rate in almost 3 decades

China's economy grew at 6.6 per cent in 2018, its slowest rate in almost three decades. The world's second biggest economy was grappling with the effects of the current trade war with the US and declining exports. In the three months to December, the economy grew 6.4% from a year e...

FPI outflow crosses Rs 4,000 cr in January so far

January 20, 2019 5:37 PM

FPI outflow crosses Rs 4,000 cr in January so far

Foreign investors pulled out more than 4,000 crore rupees from the Indian capital markets so far in January this year. This comes following a collective net inflow of over 17,000 crore rupees in the capital markets both equity and debt by Foreign Portfolio Investors, FPIs, during November and Decemb...

China revises 2017 economic growth down to 6.8% from 6.9%

January 18, 2019 2:58 PM

China revises 2017 economic growth down to 6.8% from 6.9%

China revised its 2017 economic growth down to 6.8 per cent from 6.9 per cent, as it braces for a possibly worse performance in 2018. The size of the gross domestic product of the world's second-biggest economy was revised down from 82.7 trillion yuan (USD 12.1 trillion) to 82.1 trillion yu...

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