Fitch expects India to be on top of global ladder by expanding 7.7% in current fiscal

Fitch Ratings expects India to be on the top of global growth ladder and expanding by 7.7 per cent in the current fiscal. Fitch Ratings in its India-Global Economic Outlook Forecast in New Delhi said the growth is higher than the estimated 7.5 per cent in the previous year due to higher disposable i...

Fitch expects India to be on top of global ladder by expanding 7.7% in current fiscal

Fitch Ratings expects India to be on the top of global growth ladder and expanding by 7.7 per cent in the current fiscal. Fitch Ratings in its India-Global Economic Outlook Forecast in New Delhi said the growth is higher than the estimated 7.5 per cent in the previous year due to higher disposable i...

Jaitley advises States to stick to fiscal discipline, spend on infrastructure

Finance Minister Arun Jaitley today advised state finance secretaries to stick to fiscal discipline, spend on infrastructure and development activities and to use Aadhaar for transferring benefits to people. Speaking at the second conference of state finance secretaries in New Delhi, Mr Jaitley said...

Rajan cautions public against frauds in RBI's name

RBI Governor Raghuram Rajan today cautioned the public against any fictitious e-mails in his or the central bank's name demanding money. Speaking at the launch of Unified Payments Interface, UPI system in Mumbai, Mr. Rajan asked people not to fall prey to any fraud messages. He said, the RB...

India links USD 20 bn investment in Tehran to favourable terms

India today offered to invest up to 20 billion US dollars in Iran's energy industry, subject to provision of concessional rights.Oil Minister Dharmendra Pradhan, who is in Iran with a delegation of state-owned companies informed the Iranian side that Indian companies are interested in setti...

US Stocks: S&P, Dow gain on surge in oil prices

A sharp rally in crude oil drove gains on the S&P 500 and the Dow, on Friday. But a fall in healthcare and technology stocks pushed the Nasdaq into negative territory. Oil prices jumped more than 6 percent after data showed drawdowns in U.S. stockpiles, suggesting underlying strength in the ...

98% FDI now coming into India through automatic route: Shaktikanta Das<br/>

In a welcome sign, 98 per cent of foreign direct investment FDI is now coming into India through the automatic route.Informing this, Economic Affairs Secretary Shaktikanta Das on Saturday tweeted, the number of applications being routed via the Foreign Investment Promotion Board (or FIPB) approval r...

US Stocks: S&P, Dow gain on surge in oil prices

A sharp rally in crude oil drove gains on the S&amp;P 500 and the Dow, on Friday. But a fall in healthcare and technology stocks pushed the Nasdaq into negative territory. Oil prices jumped more than 6 percent after data showed drawdowns in U.S. stockpiles, suggesting underlying strength in the ...

India less susceptible to external shocks, credit positive: Moody's

Moody&apos;s Investors Service has said, low commodity prices and better FDI inflows have reduced India&apos;s vulnerability to external shocks which is credit positive for India. The rating agency in a report released yesterday said, that India&apos;s external financing needs have dimin...

IOC to spend Rs 20,000 cr in expansion of its Guj refinery