Core sector growth at 3.2% in September; Fastest in 4 months

Growth in eight core sectors rose to 4-month high of 3.2 per cent in September because of sharp pick-up in fertiliser production and electricity generation. The eight core industries -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown at 2.6 per c...

Sensex declines for 6th straight day, losing 900 pts cumulatively; Rs falls 32 paise against dollar

The domestic stock markets continued their losing streak for the sixth straight session, while the rupee depreciated sharply. The stock markets showed sustained weakness, with the Sensex at the Bombay Stock Exchange declining 98 points, to close at 26,559. The Sensex has now lost over 900 points in ...

LPG price rises by Rs 27.50 per cylinder

The price of non-subsidised cooking gas LPG has gone up by 27 rupees 50 paise a cylinder. Now 14.2 Kilogram Cylinder in Delhi will cost 545 rupees. In Kolkata, it will cost 575 rupees per cylinder, in Mumbai, 555 rupees and in Chennai, the price will be 559.50 rupees a cylinder.The Non-subsidised LP...

Norway leads global prosperity index, with Singapore top in Asia

Norway leads global prosperity index, with Singapore top in Asia. In the annual 2015 Prosperity Index by London-based international think tank Legatum Institute released today, Singapore came in 17th worldwide in prosperity, up one position from last year. In a prosperity survey of 142 territories, ...

India expected to grow 7.5% in FY16, higher next year: Moody's

Projecting stable growth rate for India, Moody's Investors Service today said the economy would grow at 7.5 per cent in the current fiscal and improve marginally in the following year. The report expect that India's real GDP will grow at 7.5 per cent in the financial year ending Ma...

Moody's ups Indian banking sector outlook to stable

Moody's Investors Service today upgraded its outlook for India's banking system to 'stable' from 'negative' on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future. Mood...

India's manufacturing output slips to 22-month low in Oct

India's manufacturing sector growth slipped further and touched a 22-month low in October largely due to a slower increase in new orders, but firms hired additional workers, a Nikkei survey said today.The Nikkei India Manufacturing PMI -- a composite monthly indicator of manufacturing perfo...

Indian economy fastest growing economy in the world: Jaitley

Foreign investors pumped in over 22,350 crore rupees in the Indian capital markets in October, the highest in seven months, buoyed by RBI's rate cut and positive macroeconomic numbers. Most of the fresh capital has been infused in the debt market. The net inflow in equities stood at 6,650 c...

India becomes world's 7th most valued nation brand: Report

As per the annual report on world's most valuable nation brands compiled by Brand Finance, India has moved up one position to become the world's seventh most valued nation brand with an increase of 32 per cent in its brand value to 2.1 billion dollars.According to the report, the U...