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April 27, 2018 2:10 PM
Benchmark Domestic stocks today extended yesterday's gains in afternoon trade amid positive global market. Sensex crossed 35 thousand mark while nifty was above 10,700 mark. Both stocks climbed around one percent. Sensex at Bombay Stock Exchange jumped up 317 points or 0.91 percent to 35,03...
April 19, 2018 8:24 AM
The International Monetary Fund, IMF has said that India is expected to grow at 7(point)4 per cent in 2018 and 7(point)8 per cent in 2019 and would re-emerge as one of the fastest growing major economies in the period. The IMF explained this is due to the strong private consumption as well as fadin...
April 13, 2018 8:36 AM
Retail inflation has dipped to 4(point)28 percent in March from 4(point)44 per cent in February. According to the data released by the Central Statistics Office, CSO, today, prices of vegetables, other food times and beverages softened. The rate of increase in price rise slowed for the third conse...
April 12, 2018 8:25 AM
India has jumped 13 places in the last one year to 130th spot in the latest annual Index of Economic Freedom released by a top American think-tank the Heritage Foundation. In 2017, India with a score of 52.6 points was ranked at 143 among 180 countries, two spots below neighbour Pakistan. As per th...
April 11, 2018 1:48 PM
The Asian Development Bank (ADB) has said, India's economic growth is set to rise to 7.3 per cent this fiscal and further to 7.6 percent in the next financial year, on back of GST and banking reforms. In its Asian Development Outlook (ADO), 2018, ADB said, Indian economy grew 6.6 percent in...
April 10, 2018 6:43 PM
Jet Airways today said it would not be participating in the Air India disinvestment process, becoming the second domestic airline after IndiGo to make such a decision in less than a week. The ambitious strategic stake sale of loss-making Air India as well as its two subsidiaries seem to be hitting ...
April 10, 2018 4:04 PM
Key benchmark stocks today closed with gains for a fourth straight session. The Sensex at the Bombay Stock Exchange surged 92 points, or 0.27 per cent, to 33,880. The Nifty at the National Stock Exchange also climbed 23 points, or 0.22 per cent, at 10,402.
April 6, 2018 6:02 PM
SEBI will take action in a phased manner against more than 14,700 entities for "non-genuine trades" through illiquid stock option segment. Adjudication proceedings have been initiated against 567 entities involved in such trades in the first phase, according to a SEBI order yester...
April 6, 2018 7:15 AM
Reserve Bank of India, RBI has decided to set up Data Sciences Lab to improve its forecasting, surveillance and early warning detection abilities which will aid policy formulation. In a press release issued in Mumbai today, the RBI said, policy making not only benefits from data collected through re...
April 5, 2018 9:00 PM
The RBI has kept all its key rates unchanged in the first bi-monthly policy review for the financial year 2018-19 for the fourth time in a row. The Monetary Policy Committee, MPC, headed by RBI Governor Urjit Patel kept the repo rate at which the central bank lends short-term money to other banks at...
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