Business

January 16, 2017 1:33 PM

WPI inflation rises to 3.39 per cent in December

Breaking a 3-month declining trend, wholesale inflation rose to 3.39 per cent in December 2016. The increase was mainly due to a rise in prices of manufactured items, even as food articles turned cheaper. Wholesale price index-based inflation had stood at 3.15 per cent in November 2016, and minus 1....

January 15, 2017 6:36 PM

Automobile exports from India decline by 5%; Domestic auto sales raised by 9.2%

Domestic auto sales across categories raised 9.2 percent to nearly 2.2 crore units in 2016. Two wheeler sales climbed 9.7 percent to 1.76 crore units during the calendar year. Total three-wheeler sales grew 6.1 percent; commercial vehicles sales rose 7.7 per cent, while passenger vehicles sales went...

January 15, 2017 5:47 PM

Automobile exports from India decline by 5% in 2016

India's automobile exports across categories fell 5 percent in 2016. According to latest data by Society of Indian Automobile Manufactures, overall exports during the year 2016 stood at 34.34 lakh units.Two-wheeler and three-wheeler exports pulled down the overall exports during the last ye...

January 15, 2017 4:45 PM

FPIs outflow at Rs 3800-cr from equities in fortnight

Foreign funds have pulled out over 3,800 crore rupees from the country's equity markets so far this month. But, Foreign Portfolio Investors invested a net sum of 243 crore rupees in the debt markets in the same period.The latest Foreign Portfolio Investors outflow came after an earlier outf...

January 15, 2017 1:38 PM

Govt respects independence, autonomy of RBI: FinMin

The Centre today categorically said that it fully respects the independence and autonomy of the Reserve Bank of India. The Finance Ministry's statement came following media reports that some unions have alleged infringement of the autonomy of the RBI. The Ministry further clarified that con...

January 15, 2017 12:30 PM

SEBI cuts broker fees by 25 pc to Rs 15 per transaction

Securities and Exchange Board of India, SEBI, has decided to lower broker fees by 25 per cent to 15 rupees per transaction of one crore rupees as part of calibration of various other fees collected by the regulator from different market intermediaries. The move is likely to reduce overall cost of tr...

January 15, 2017 7:42 AM

Govt respects independence, autonomy of RBI: FinMin

The Centre today categorically said that it fully respects the independence and autonomy of the Reserve Bank of India. The Finance Ministry's statement came following media reports that some unions have alleged infringement of the autonomy of the RBI. The Ministry further clarified that con...

January 14, 2017 7:06 PM

SEBI cuts broker fees by 25 pc to Rs 15 per transaction

Securities and Exchange Board of India, SEBI, has decided to lower broker fees by 25 per cent to 15 rupees per transaction of one crore rupees as part of calibration of various other fees collected by the regulator from different market intermediaries. The move is likely to reduce overall cost of tr...

January 14, 2017 8:31 AM

Rabi Crops Sowing Crosess 616 Lakh Hactare

Rabi crops have been sown in around six crore 16 lakh hectares till date which is about 35 lakh hectares more than last year. Data released by the Agriculture Ministry said, wheat has been sown in around three crore nine lakh hectare which is about 20 lakh hectare more than last year.Over one crore ...

January 13, 2017 6:05 PM

Rabi Crops Sowing Crosess 616 Lakh Hactare

Rabi crops have been sown in around six crore 16 lakh hectares till date which is about 35 lakh hectares more than last year. Data released by the Agriculture Ministry said, wheat has been sown in around three crore nine lakh hectare which is about 20 lakh hectare more than last year.Over one crore ...

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