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Industrial production grows at 0.7 per cent in September

November 12, 2016 7:07 AM

Industrial production grows at 0.7 per cent in September

The country's industrial production grew 0.7 percent in September this year, year-on-year, mainly due to poor performance by the manufacturing, mining, and capital goods sectors. According to official data, factory output, as measured in terms of the Index of Industrial Production (IIP) for...

Gold & jewelery establishments remained closed in Delhi today

November 11, 2016 9:15 PM

Gold & jewelery establishments remained closed in Delhi today

Gold and jewelery establishments remained closed in Delhi, today, this follows surveys carried out by the Income Tax Department yesterday, after reports of alleged profiteering and tax evasion by traders and other operators in conversion of demonetised notes.But in the overseas market, gold was up 0...

Industrial production grows 0.7 percent this year in Sep

November 11, 2016 8:10 PM

Industrial production grows 0.7 percent this year in Sep

The country's industrial production grew 0.7 percent in September this year, year-on-year. This was mainly due to poor performance by the manufacturing, mining, and capital goods sectors.According to data released by the Central Statistics Office, factory output, as measured in terms of the...

Global crude oil prices dip today

November 11, 2016 6:50 PM

Global crude oil prices dip today

Global crude oil prices dipped, today. Brent crude oil futures fell 14 cents, to 45.70 dollars per barrel. U.S. crude lost 29 cents, to 44.37 dollars per barrel, weighed down by weakening U.S. demand. This week, both U.S. gasoline and diesel demand decelerated. The supply overhang could run into a t...

FDI increases by 77.5% to $ 5.15 billion this year in Sep

November 11, 2016 4:51 PM

FDI increases by 77.5% to $ 5.15 billion this year in Sep

The Foreign Direct Investment in the country increased by 77.5 per cent to 5.15 billion dollar in September this year. According to the data of the Department of Industrial Policy and Promotion, the FDI had stood at 2.9 billion dollar in September last year. During April-September period of this fis...

IMF supports PM Modi's efforts to fight corruption

November 11, 2016 12:11 PM

IMF supports PM Modi's efforts to fight corruption

International Monetary Fund , IMF has supported Prime Minister Narendra Modi's efforts to fight corruption by demonetizing 500 and 1000 rupees notes but cautioned that the move has to be managed prudently. IMF spokesman Gerry Rice told reporters in Washington that the global body supports M...

Donations to temples, FDs in co-op banks under govt scanner

November 10, 2016 9:47 PM

Donations to temples, FDs in co-op banks under govt scanner

The demonetization of 1000 rupees and 500 rupees notes has seen sudden spurt in donations to around 100 temples and trusts and in cash reserves of around 1000 cooperative banks and credit societies in Maharashtra. All these transactions have come under government scanner. The officials have apprised...

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