Business

August 12, 2016 9:26 PM

Retail inflation at 2-year high, hits 6.07% in July

Retail inflation rose to a nearly 2 year high of 6.07 per cent in July this year, as prices of food items climbed ahead of the festival season. Retail inflation, measured by the Consumer Price Index, had stood at 5.77 per cent in June this year, and 3.69 per cent in July last year. Food inflation ro...

August 12, 2016 7:58 PM

Retail inflation at 2-year high, hits 6.07% in July

Retail inflation rose to a nearly 2 year high of 6.07 per cent in July this year, as prices of food items climbed ahead of the festival season. Retail inflation, measured by the Consumer Price Index, had stood at 5.77 per cent in June this year, and 3.69 per cent in July last year. Food inflation ro...

August 12, 2016 7:39 PM

Kharif Crop sown in around 954 lakh hectare so far

Kharif crops have been sown in around 954 lakh hectare till date as against 895 lakh hectare last year. Crop sowing data released by the Agriculture Ministry, reveals that the rice has been sown in over 326 lakh hectare which is about 22 lakh hectare more than the last year. Over 130 lakh hectare ar...

August 12, 2016 8:31 AM

Oil prices surge on Saudi minister's talk of 'possible action'

Oil prices rose sharply yesterday after Saudi Arabia's energy minister said producers may take action to help rebalance global oil markets.The remarks helped send prices up more than 4 per cent in New York, where a barrel of West Texas Intermediate for September delivery closed higher by 1....

August 11, 2016 7:09 PM

RBI transfers Rs 65,876 crore surplus to govt

The Reserve Bank would transfer to the central government its surplus profit of Rs 65,876 crore which is marginally lower than the amount given last year.The approval to transfer the surplus was taken at the 559th meeting of the Central Board of the RBI, chaired by Governor Raghuram Rajan, today.The...

August 11, 2016 5:21 PM

Handicraft exports see over 8% increase in 2015-16: Smriti Irani

Textiles Minister Smriti Irani said, country's handicraft exports have increased by more than 8 per cent during the last fiscal touching nearly 31 thousand crore rupees. Replying to questions in Lok Sabha today, the Minister said, according to the provisional data available, the exports of ...

August 11, 2016 1:23 PM

Jaitley launches data bank portal of MSMEs

Finance Minister Arun Jaitley today launched a data bank Portal of micro, small and medium enterprises, MSME in New Delhi. The portal aims to gather information about micro, small and medium enterprises. Mr Jaitley said, though MSME sector do not get enough space in media and in mind of policy maker...

August 11, 2016 8:30 AM

Jaitley to launch data bank today to gather MSMEs info

Finance Minister Arun Jaitley will launch a data bank to gather information about micro, small and medium enterprises MSMEs in New Delhi today. MSME Secretary K K Jalan has said, through the data bank, a census of MSMEs will be carried out online for the first time. He said, this will help save mone...

August 11, 2016 8:24 AM

India's ranking as business destination improves: Survey

India's ranking as a business destination has improved as per a recent survey of Transparency International. It now ranks 76th as compared to the 94th position it held earlier. As per a World Bank report on ease of doing business, India's position has improved to 130 this year from...

August 10, 2016 1:46 PM

India's ranking as business destination improves: Survey

India's ranking as a business destination has improved as per a recent survey of Transparency International. It now ranks 76th as compared to the 94th position it held earlier. As per a World Bank report on ease of doing business, India's position has improved to 130 this year from...

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