Business

September 16, 2017 7:24 AM

Current account deficit increases to 2.4% of GDP in first quarter: RBI

Current account deficit (CAD) of the first quarter of this fiscal widened to 2 point 4 per cent of gross domestic product, or 14.3 billion dollars, as imports pushed the trade deficit. It was 0.1 per cent or 401 million dollars in the same period last year. On a sequential basis, the CAD also widene...

September 16, 2017 1:28 AM

Exports rise 10.29% in August; trade deficit widens to $11.64 billion

In continuation with the positive growth exhibited by exports for the last twelve months, India's exports recorded a double digit growth of 10.29 per cent to USD 23.81 billion during August 2017 mainly on account of rise in shipments of chemicals, petroleum and engineering products. Accordi...

September 14, 2017 7:24 PM

Sensex closes at 32242, Nifty ends to 10087

At the domestic stock markets, the Sensex continued its upward march for the sixth straight day, today, but the rupee ended weaker against the dollar.The Sensex at the Bombay Stock Exchange gained a modest 56 points, or 0.2 percent, to close at 32,242. The Sensex had gained over 520 points in the pr...

September 14, 2017 1:33 PM

Wholesale inflation hits four-month high of 3.24% in Aug

Wholesale inflation rose to a four-month high of 3(point)24 per cent in August as prices of food articles, led by onions and vegetables, soared. Inflation based on the Wholesale Price Index was 1.88 per cent in July 2017 and 1.09 per cent in August 2016.The last such high level of inflation was witn...

September 14, 2017 1:32 PM

Wholesale inflation hits four-month high of 3.24% in Aug

Wholesale inflation rose to a four-month high of 3.24 per cent in August as prices of food articles, led by onions and vegetables, soared. Inflation based on the Wholesale Price Index was 1.88 per cent in July 2017 and 1.09 per cent in August 2016.The last such high level of inflation was witnessed ...

September 14, 2017 1:19 PM

Petroleum products should come under GST: Dharmendra Pradhan

Petroleum Minister Dharmendra Pradhan says it is high time that the GST Council should consider bringing the petroleum products in the ambit of the Goods and Services Tax.Speaking after the meeting heads of state-run oil firms, Mr Pradhan said 42 per cent of excise collections are transferred to sta...

September 14, 2017 10:19 AM

Sensex rises 93 pts, Nifty gains 33 pts in opening trade

The benchmark Sensex at the Bombay Stock Exchange gained over 93 points in early trade today and reached the level of 32,279 points a short while ago.Similarly, the Nifty at the National Stock Exchange was also trading higher by 33 points to reach the level of 10,112 points.

September 14, 2017 7:16 AM

'Made in India' phones poised to touch 50 crore mark by 2019-20

'Made in India' phones have seen significant growth, with the number of such devices poised to touch the 50 crore mark by 2019-20. IT Ministry Additional Secretary Ajay Kumar said at an event in New Delhi said that India produced 6 crore mobile phones in 2014 and 17.5 crore in 2016...

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