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August 16, 2017 8:58 PM
The Cabinet Committee on Economic Affairs, CCEA has approved the proposal of Department of Investment and public Asset Management, DIPAM for the strategic disinvestment. The approval will help in speedy completion of strategic disinvestment transactions.The department will set up an alternative mech...
August 16, 2017 7:51 PM
RBI Governor Urjit Patel has said that effective transmission of policy rate holds the key to achieve desired economic growth. As per the Minutes of the Monetary Policy Committee Meeting held earlier this month, Dr. Patel has said that even though transmission has improved; there is still scope for ...
August 14, 2017 8:47 PM
Snapping five days of losses, the Sensex at the Bombay Stock Exchange gained 235 points, or 0(point)8 percent, to close at 31,449, today. The Nifty at the National Stock Exchange jumped 83 points, to 9,794.
August 14, 2017 8:25 PM
The country's exports grew three point nine percent in July this year, on a yearly basis, to 22(point)5 billion dollars. Exports rose due to an increase in shipments of petroleum, chemicals and marine products. Official data released today showed that imports rose 15.4 per cent in July, to ...
August 14, 2017 7:30 PM
Retail inflation rose to 2(point)36 per cent in July this year, chiefly driven by hardening prices in sugar and confectionery items, pan, tobacco, and intoxicants. Retail inflation, as measured by the consumer price index, had stood at 1.46 per cent in June. Data released by the Central Statistics O...
August 14, 2017 3:44 PM
Wholesale inflation rose to 1(point)88 per cent in July this year, year-on-year, as the prices of some commodities increased. Inflation based on the wholesale price index had stood at 0.9 per cent in June this year, and 0.63 per cent in July last year. Government data released today, showed that who...
August 14, 2017 2:33 PM
Wholesale inflation rose to 1.88 per cent in July as prices of some commodities increased in the first month of Goods and Services Tax,GST rollout. Inflation based on the wholesale price index, WPI was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.The data released today showed that pric...
August 13, 2017 5:37 PM
Global crude oil prices fell during the week. Brent crude futures fell 0.6 percent, during the week to end at 52.10 dollars a barrel. U.S. crude futures finished the week at 48.82 dollars a barrel, declining 1.5 percent, during the week.Earlier in the week, the International Energy Agency had said i...
August 13, 2017 5:10 PM
Union Minister for Power Piyush Goyal has said Goods and Services Tax (GST), in the long-run, will be beneficial for the tax system and will lead to ease of doing business. The Minister was addressing a workshop on MSME and Government, Dialogue for Development, a State level convention of MSMEs orga...
August 13, 2017 5:03 PM
Foreign investors have pumped in over 10,400 crore rupees, in the Indian debt markets so far this month. But foreign portfolio investors pulled out more than 2,000 crore rupees, from equities during this period. According to the latest depository data, foreign portfolio investors invested a net sum ...
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