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All posts tagged "economy"

Business1 day ago

Sensex, Nifty open higher

Mumbai, Feb 15: The Sensex gained close to 140 points after opening higher on Friday while the Nifty logged slight gains to trade above the 10,750...
Business2 days ago

Market down for sixth-straight session; Sensex falls 157 pts

Mumbai, Feb 14: Sharp jump in Brent crude oil price along with subdued quarterly earning results and a weak rupee pulled the key equity indices lower...
Business4 days ago

India’s January retail inflation more than halved to 2.05%

New Delhi, Feb 12 : India’s annual rate of retail inflation more than halved to 2.05 per cent in January from a high of 5.07 per...
Business4 days ago

India’s YoY industrial production growth rate plunges in December

New Delhi, Feb 12 (IANS) The growth rate of India’s factory production decelerated in December 2018 at 2.4 per cent from a rise of 7.3 per...
Business4 days ago

Sensex ends 240 points lower ahead of inflation data release

Mumbai, Feb 12: The BSE Sensex closed 240 points lower on Tuesday, ahead of the release of retail inflation and industrial production data. After trading on...
Business5 days ago

Sensex ends 151 points lower, Nifty short of 10,900

Mumbai, Feb 11: Major equity indices traded in the red throughout the day on Monday ahead of the key macro-data release on Tuesday, with Sensex closing...
Business1 week ago

Sensex tanks 425 points, Nifty below 11,000

Mumbai, Feb 8: Both Sensex and Nifty ended over 1 per cent lower on Friday following a steep decline in auto stocks led by Tata Motors...
Business1 week ago

Profit booking after rate cut subdues market

Mumbai, Feb 7: The Indian equity market failed to hold on to early gains made on the back of the Reserve Bank of India’s (RBI) suprise...
Business1 week ago

Sensex closes 358 point up on hopes of rate cut

Mumbai, Feb 6: Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly...
Business2 weeks ago

Caution over RBI’s rate-decision subdues market; oil stocks down

Mumbai, Feb 5: Caution over RBI’s rate-decision along with high crude oil price subdued the Indian equity indices on Tuesday. However, healthy gains in the global...
Business2 weeks ago

India’s April-December fiscal deficit crosses 112% of target

This is as compared to 67.4 per cent of budget estimates received in the same period of 2017-18.
Business2 weeks ago

Last hour rebound lift equity indices, Sensex ends 113 pts up

Mumbai, Feb 4: Amidst fears over fiscal slippage, the Indian equity market made gains on Monday as buying picked up in the last hour of the...
Business2 weeks ago

GST revenue shortfall drags down tax revenue estimates

New Delhi, Feb 2 : Shortfall in GST revenue of an estimated Rs 1 lakh crore has forced the government to revise downwards its gross tax...
Business2 weeks ago

Interim Budget buoys market, Sensex ends 212 pts up

Mumbai, Feb 1:Interim Budget announcements of higher tax exemption limit and key measures for the rural economy and SME sector buoyed the Indian equity market on...
Business2 weeks ago

Fiscal deficit target pegged at 3.4% of GDP in 2019-20

Fiscal deficit target pegged at 3.4% of GDP in 2019-20
Business2 weeks ago

Market surge on global cues, healthy Q3 results; Sensex up 665 pts

Mumbai, Jan 31: Short-covering ahead of the monthly derivatives expiry along with a dovish US Fed outlook and healthy large-cap quarterly earnings result pushed the barometer...
Business2 weeks ago

Sensex ends flat over caution ahead of interim budget, F&O expiry

Mumbai, Jan 30: Mixed corporate earning results and caution ahead of the upcoming interim budget as well as the F&O expiry kept the indices from advancing...
Business3 weeks ago

Sensex ends 64 points lower, Nifty settles at 10,652

Mumbai, Jan 29: Uncertainties in the global market and caution ahead of the interim budget kept the major equity indices in a tight range on Tuesday,...
Business3 weeks ago

Equity market slumps over 1%; banking stocks tank

Mumbai, Jan 28: The Indian equity market slumped by over 1 per cent on Monday as banking, automobile, healthcare and consumer durables stocks came under heavy...
Business3 weeks ago

Sensex up 160 points, Nifty marginally short of 10,900

Mumbai, Jan 25: Positive global markets and a strengthening rupee, with its third straight session of gains, aided the key equity indices to trade on a...
Business3 weeks ago

Sensex ends 86 points up, Nifty settles at 10,849

Mumbai, Jan 24: Amid mixed global cues and strengthening rupee, the Sensex advanced 86 points on Thursday while the broader Nifty settled at 10,849. While the...
Business4 weeks ago

Sensex down 130 points minutes after opening in green

Mumbai, Jan 22: The S&P BSE Sensex declined around 130 points minutes after opening on a positive note on Tuesday, tracking weakness in the major Asian...
Business4 weeks ago

Sensex ends 190 points higher

Mumbai, Jan 21: Amid healthy third quarter earnings, Sensex and Nifty ended on a firm note on Monday tracking similar trend in the global markets over...
Politics4 weeks ago

BJP’s claim bogus, UPA-1 growth rate best ever: P Chidambaram

New Delhi, Jan 19: Former Finance Minister P. Chidambaram on Saturday targetted the Narendra Modi government for claiming higher growth rate saying “it is based on...
Business4 weeks ago

Sensex, Nifty end flat; healthcare stocks fall 2%

Mumbai, jan 18: Mixed global cues, weakness in the Indian currency and heavy selling in the healthcare and finance stocks dragged the key equity indices on...
Business4 weeks ago

Sensex ends 52 points up, Nifty holds 10,900

Mumbai, Jan 17: Amid mixed global markets and the ongoing corporate earning session, Indian equities ended higher on Thursday. Ahead of the release of quarterly results...
Business1 month ago

Equities up on rate cut hopes, positive Asian market clues

New Delhi, Jan 15: Expectations of an interest rate cut in the monetary policy over lower monthly inflation combined with a rebound in Asian markets gave...
Blog1 month ago

Income Tax exemption threshold may go up in interim budget

New Delhi, Jan 14 : With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from...
Business1 month ago

India’s December retail inflation eases to 2.19%

New Delhi, Jan 14: India’s retail inflation in December eased to 2.19 per cent from a rise of 2.33 per cent in November, official data showed...
Business1 month ago

Lower fuel prices ease India’s WPI to 3.80% in December

New Delhi, Jan 14: Lower fuel and manufactured products prices eased India’s annual rate of inflation based on wholesale prices to 3.80 per cent in December...
Business1 month ago

Sensex ends 97 points lower on higher crude prices

Mumbai, Jan 11: A continuous rise in global crude oil prices, along with caution ahead of key micro-economic data to be released later in the day,...
Business1 month ago

Sensex ends 106 points lower over declining banking stocks

Mumbai, Jan 10: Sensex and Nifty ended lower on Thursday over a sharp rise in crude oil prices and decline in banking stocks. Brent crude futures...
Business1 month ago

Equities close in green, Sensex up 230 points

Mumbai, Jan 9: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business1 month ago

India to retain status as fastest growing economy in 2019-20: World Bank

United Nations, Jan 9: Fuelled by policy reforms and rebound in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal...
Business1 month ago

Global rally; Q3 expectations push indices higher

Mumbai, Jan 8: Broadly positive global bourses, coupled with stock-specific buying on the back of positive quarterly earning expectations pushed the Indian equity market higher on...
Business1 month ago

India’s GDP estimated to grow at 7.2% in 2018-19

"Real GVA, i.e. GVA at Basic Constant Prices (2011-12), is anticipated to increase from Rs 119.76 lakh crore in 2017-18 to Rs 128.09 lakh crore in...
Business1 month ago

Sensex ends 155 points up over positive global cues

Mumbai, Jan 7: Expectations of robust Q3 corporate earning results beginning this week, coupled with positive global cues on easing US-China trade tensions along with a...
Business1 month ago

RBI to carefully consider liquidity inducing measures: Governor Das

New Delhi, Jan 7 (IANS) Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become “loose...
Business1 month ago

India’s service activity growth eases in December

In addition, the headline seasonally adjusted Nikkei India Composite PMI Output Index came down from a 25-month high of 54.5 in November to 53.6 at the...
Business1 month ago

Sensex ends 180 points up led by gains in financials

Mymbai, Jan 4: Indian stocks ended higher on Friday despite negative global cues as financials stocks led the gains on major equity indices. In addition, the...
Politics1 month ago

Economy is Sinking, Finance Minister is defending Defence Deals: Congress

New Delhi, Jan 3: The Congress on Thursday targetted the Narendra Modi government saying Union Finance Minister Arun Jaitley is more concerned about defending the Rafale...
Business1 month ago

Sensex ends 378 points down over weak rupee, global cues

Mumbai, Jan 3: Weak factory data from China and India fuelling concerns of a slowdown in global growth and sustained weakness in the Indian currency pulled...
Business1 month ago

Sensex settles 343 points lower over growth slowdown concerns

Mumbai, Jan 2: The Indian equity market ended in the red on Wednesday in line with global indices on fears of a worldwide slowdown which was...
Business2 months ago

India’s external debt fell to $510.4 bn at end-September

Mumbai, Dec 31 : India’s external debt in the first-half of this fiscal fell 3.6 per cent by $19.3 billion to $510.4 billion owing to a...
Business2 months ago

Sensex, Nifty end flat; rupee gains

Mumbai, Dec 31: The last session of 2018’s trade ended on a flat note with the Sensex declining 8 points and the Nifty adding just 2...
Business2 months ago

April-November fiscal deficit over 115% of target on revenue lag

Of the total expenditure in this period, Rs 14.22 lakh crore was on revenue account and Rs 1.91 lakh crore on capital account.
Business2 months ago

Sensex ends 157 points higher on global rebound

Mumbai, Dec 27: The Indian stock market ended higher on Thursday, tracking a US-led global market rebound. IT stocks gained 1.37 per cent and was accompanied...
Business2 months ago

Value buying buoy equity market; Sensex up 180 points

Mumbai, Dec 26: Value buying on the back of attractive valuations buoyed the major domestic equity indices on Wednesday, with the barometer BSE Sensex gaining 180 points....
Business2 months ago

Sensex ends 270 points lower on negative global cues

Mumbai, Dec 24: Taking cues from weak global markets major Indian equity indices on Monday ended lower for the third straight session following the partial shutdown...
Business2 months ago

India’s forex reserves down by over $613 mn

FCAs, the largest component of the forex reserves, edged lower by $631.6 million to $367.86 billion during the week ended December 14.
Business2 months ago

Global cues, rupee dent equity market; Sensex crashes nearly 700 pts

Mumbai, Dec 21 : Concerns over global economic growth and threat of a partial US government shutdown spooked international and local equity indices on Friday, with...
Business2 months ago

Sensex ends lower over Fed rate hike

Mumbai, Dec 20: In line with weakness in global markets, the BSE Sensex and Nifty50 ended lower on Thursday after the US Federal Reserve raised its...
Business2 months ago

India lost 4% of GDP from power distortions in 2016: World Bank

Te 2018 Global Competitiveness Report ranks India 80th among 137 countries in the reliability of electricity supply.
Business2 months ago

Demonetisation hit growth, jobs, bank credit: Economists’ report

"Districts experiencing more severe demonetization had relative reductions in economic activity, faster adoption of alternative payment technologies, and lower bank credit growth," the study said.
India2 months ago

Indian growth model must incorporate social consciousness: Jaitley

New Delhi, Dec 19 (IANS) Releasing a strategy document for New India 2022 as envisioned by Prime Minister Narendra Modi, Finance Minister Arun Jaitley on Wednesday...
Business2 months ago

Sensex gains for 7th day on the trot over lower crude prices

Mumbai, Dec 19: Sensex and Nifty continued their winning streak for the seventh consecutive day on Wednesday on the back of a declining crude oil prices...
Business2 months ago

Lower oil prices, strong rupee buoy equity indices

Mumbai, Dec 18: Lower crude prices and a strong rupee aided key the equity indices to trim their early losses to end Tuesday’s trade session in...
Business2 months ago

Sensex, Nifty log 5th session of gains

Mumbai, Dec 17: Buyers dominated the domestic markets as major indices rose over 0.7 per cent, logging their fifth straight session of gains on Monday. The...
Business2 months ago

Sensex ends flat on weak global cues, RBI board meet

Mumbai, Dec 14: The key Indian equity indices closed flat after trading in a narrow range on Friday tracking weakness in Asian and European markets over...
Business2 months ago

Lower food prices ease India’s WPI to 4.64% in November

New Delhi, Dec 14: Lower food and fuel prices eased India’s annual rate of inflation based on wholesale prices to 4.64 per cent in November from...
Business2 months ago

Sensex up 150 points; Nifty ends short of 10,800 mark

Mumbai, Dec 13: The key Indian equity indices traded higher on Thursday with the Sensex gaining over 150 points and Nifty50 ending just short of 10,800 points...
Business2 months ago

Petrol prices increase after 2 months

The cost of petrol increased by 11 paise and 13 paise in Mumbai and Chennai respectively from Wednesday's levels, to Rs 75.91 and Rs 72.94 per...
Analysis2 months ago

Salvaging trust after Urjit Patel’s exit – Comment

Over the last few weeks, it had become evident that there were at least three things that the government wants the RBI to do differently.
Business2 months ago

November retail inflation falls to 2.3%, October IIP up over 8%

Similarly, the output of consumer non-durables rose during October by 7.9 per cent, and that of consumer durables by 17.6 per cent.
Business2 months ago

Sensex jumps 629 points, Nifty settles above 10,700

Mumbai, Dec 12: Buying at lower levels and hopes of an easing monitory policy with the appointment of Shaktikanta Das as the new RBI Governor pushed...
India2 months ago

Patel’s resignation severe blow to economy: Manmohan Singh

Earlier in the day, Reserve Bank of India (RBI) Governor Patel announcing his resignation from the apex bank with immediate effect citing personal reasons.
Politics2 months ago

Economy is suffering, PM Modi thinks that he’s the biggest economist: Sibal

New Delhi, Dec 10: Reacting to RBI Governor Urjit Patel’s resignation, Senior Congress leader Kapil Sibal made a satirical attack on Prime Minister Narendra Modi, saying...
Business2 months ago

Sensex nosedives over 700 points, Nifty ends below 10,500 mark

Mumbai, Dec 10: The Indian equity market slumped around two per cent on Monday, with the S&P BSE Sensex shedding over 700 points, tracking a similar...
Business2 months ago

Sensex ends 361 points up; Nifty settles short of 10,700

Mumbai, Dec 7: The key Indian equity indices surged around one per cent on Friday supported by a rise in banking stocks and easing crude oil...
Business2 months ago

Fitch Ratings lowers India’s FY19 growth forecast to 7.2%

Mumbai, Dec 6 : Global ratings agency Fitch Ratings on Thursday lowered India’s growth forecasts to 7.2 per cent from an earlier projection of 7.8 per...
Business2 months ago

Sensex tanks 572 points over oil output cut fears, weak rupee

Mumbai, Dec 6: Fears over possible crude oil production cut by the OPEC group as well as broadly negative Asians stock markets pulled the barometer S&P BSE...
Business2 months ago

Equity indices end lower as RBI’s policy fails to cheer investors

Mumbai, Dec 5: Broadly negative global cues as well as disappointment over the Reserve Bank’s monetary policy announcement dragged the key Indian equity indices to end...
Business2 months ago

Sensex ends 6-day gaining streak, sheds 107 points

Mumbai, Dec 4: The benchmark S&P BSE Sensex snapped its six-day-long gaining streak, closing 107 points lower on Tuesday as investors turned cautious ahead of major...
Business2 months ago

Sensex, Nifty end flat over weak rupee, macro data

Mumbai, Dec 3: The key equity indices managed to register their sixth straight session of gain on Monday as the S&P BSE Sensex and Nifty50 closed marginally...
Blog3 months ago

Tweaking data as in an Orwellian world

The British magazine, The Economist, once wrote about the Chinese growth figures being stir-fried. Is India emulating China in keeping with the “Wuhan spirit”? To those...
India3 months ago

Chidambaram pokes fun at BJP for celebrating GDP data

Chidambaram said going forward, it was likely that the October-December (Q3) and January-March (Q4) quarters would register similar growth rates unless there were unexpected shocks.
Business3 months ago

High oil prices, higher base led to lower growth rate: FinMin

The Finance Ministry said in a statement the second quarter saw a reasonable overall GDP growth of 7.1 per cent with first-half of the fiscal seeing...
Business3 months ago

India’s April-October fiscal deficit crosses 103% of target

Non-debt capital receipts consisted of loan recovery worth Rs 9, 080 crore and disinvestment of public sector undertakings amounting to Rs 10,101 crore.
Business3 months ago

India’s Q2 GDP growth drops to 7.1%

New Delhi, Nov 30 : The pace of India’s GDP (gross domestic product) growth slowed during the second quarter of 2018-19 to 7.1 per cent from...
Business3 months ago

Sensex, Nifty settle on flat to positive note

Mumbai, Nov 30: The key equity indices settled on a flat-to-positive note on Friday amid concerns falling crude oil prices and a healthy inflow of foreign...
India3 months ago

UPA-era growth rate falls from 8% to 6.7% in four months

Principal Economic Adviser to the Finance Ministry Sanjeev Sanyal said while the "unofficial" back-series had a kink and the official one did not, it may still...
Business3 months ago

Sensex jumps 450 points, rupee gains 74 paise

Mumbai, Nov 29: India’s key equity indices jumped on Thursday, their fourth straight session of gains, amid expectations the US Federal Reserve would slow its pace...
Business3 months ago

Equity market advances for 3rd straight session led by IT stocks

Mumbai, Nov 28: The benchmark S&P BSE Sensex advanced 200 points on Wednesday extending gains for the third straight session led by healthy buying in IT...
Business3 months ago

Sensex ends up 160 points, financial stocks flat

Mumbai, Nov 27: The key equity indices advanced for a second straight session on Tuesday, as a precipitous fall in global crude oil price has boosted...
Business3 months ago

Sensex rises 373 points, Nifty settles above 10,600

Mumbai, Nov 26: India’s benchmark stock indices advanced about 1 per cent on Monday, as investors stepped up equity purchases after a string of declines last...
Business3 months ago

Sensex continues its losing streak, falls 800 points in three days

Mumbai, Nov 22: India’s key equity indices surrendered the gains, extending losses for a third straight session on Thursday amid uncertainity due to the ongoing state...
Business3 months ago

Sensex down 220 points, Nifty at 10,605

Mumbai, Nov 21: The benchmark equity index S&P BSE Sensex traded over 220 points lower on Wednesday afternoon after a sell-off in the US market. But...
Business3 months ago

Sensex jumps amid bets of RBI-government truce

Mumbai, Nov 19: Key equity indices jumped amid bets the government and the Reserve Bank of India will bury their differences at a crucial central bank...
Business3 months ago

Rupee falls Crosses 73 level against US dollar

The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar Monday, owing to increased demand for the American currency from importers...
Business4 months ago

Domestic indices gain amid hopes of ease in trade tension

Mumbai, Nov 2: Key domestic indices ended the day’s trade on Friday after registering sharp gains over signs of easing trade tensions between the US and...
Business4 months ago

Sensex ends flat in choppy trade, rupee gains

Mumbai, Nov 1: India’s barometer indices ended largely flat in Thursday’s trade marked by volatility, as investors remained cautious ahead of a key economic data and as...
Business4 months ago

Sensex jumps 550 points, Nifty above 10,300

Mumbai, Oct 31: Riding on firm global cues, the domestic markets ended higher on Wednesday, as the key equity indices — S&P BSE Sensex and Nifty50...
Politics4 months ago

Centre desperate, hiding facts on economy: P Chidambaram

New Delhi, Oct 31: Former Finance Minister P. Chidambaram expressed concern on Wednesday on reports that the government had invoked a hitherto unused section of the RBI...
Business4 months ago

Weak rupee, caution over Q2 results dent indices; banking stocks plunge

Currency-wise, the rupee closed at Rs 73.68 to a US dollar from its previous close of 73.44. Brent crude, the benchmark oil price, eased to around...
Business4 months ago

Sensex, Nifty surge over 2% on value buying

Mumbai, Oct 29: The Sensex on Monday spurted over 700 points to scale the 34,000-mark, as investors boosted purchases after a string of declines had taken the...
Analysis4 months ago

Q2 results, macro data to steer equity market; value buying expected

Similarly, the S&P Bombay Stock Exchange (BSE) Sensex lost 966.32 points, or 2.81 per cent during the week, to close at 33,349.31 points.
Business4 months ago

Negative global cues pull equity indices 1% lower

Mumbai, Oct 26: Negative global cues, along with a depreciating domestic currency, pulled the Sensex down by 340 points on Friday and the NSE’s Nifty50 closed slightly...
Business4 months ago

Sensex falls 343 points on weak global cues

Mumbai, Oct 25: Indian equities fell on Thursday, as a global sell-off and an uptick in crude oil prices unnerved investors. The decline was led by...
Blog4 months ago

India’s economic growth not inclusive enough, inequality rises

Basic education, good health and decent environment are not only valuable constituent elements of quality of life themselves but can also aid in driving economic successes...
Business4 months ago

Sensex sheds 382 point over profit booking, crude oil prices

Mumbai, Oct 17: Profit booking, along with a slight rise in global crude oil prices and depreciation in the Indian rupee, pulled the key Indian equity...
Business4 months ago

India’s September wholesale inflation rises to 5.13%

New Delhi, Oct 15: India’s annual rate of inflation based on wholesale prices increased to 5.13 per cent in September from August’s 4.53 per cent, official...
Business4 months ago

Rupee slumps 36 paise to 73.93 against US dollar

Mumbai, Oct 15: The Indian rupee dropped 36 paise to 73.93 against the US Dollar in early trade on Monday, breaking its three-day recovery trend, as...
Business4 months ago

Fuel prices continue to rise, Modi to meet oil company heads

Similarly, petrol prices in Mumbai, Kolkata and Chennai also rose on Sunday -- to Rs 88.18 in Mumbai, Rs 84.54 in Kolkata and Rs 85.99 per...
Business4 months ago

September CPI inflation up at 3.77%, August industrial output falls to 4.3%

Instead, India's industrial output eased in August with a slower rise of 4.3 per cent as compared to 6.52 per cent in July.
Business4 months ago

Key equity indices rebound; Sensex ends 730 points up

Mumbai, Oct 12: Key equity indices gained over two per cent to close above 34,700-mark on Friday, rebounding from the losses made after widespread global sell-off...
Business4 months ago

Global slide, rupee dent domestic indices; Sensex down by over 800 points

Mumbai, Oct 11: A massive slide in global stock markets, along with a weak rupee plunged the key domestic equity indices during the morning trade session...
Business4 months ago

Rupee slips to new low, touches 74.46 against US Dollar

Mumbai, Oct 11: The Indian rupee slipped to a fresh record low of 74.46 to a US dollar during the morning session on Thursday. It opened...
Business4 months ago

Sensex reverses gains to end 170 points lower on weak rupee

Mumbai, Oct 9: India’s key equity indices reversed the day’s gains to end lower, as the domestic currency touched a new low against the US dollar....
Business4 months ago

Rupee slips to new low, touches 74.27 to USD

Mumbai, Oct 9: The Indian rupee slipped to a new low of 74.27 to a US dollar during the mid-afternoon session on Tuesday. Around 1.25 p.m.,...
Business4 months ago

Market Review: Oil, rupee unleash bears, mow down equities

Mumbai, Oct 6: A free-fall in rupee value coupled with high crude oil prices, along with a massive outflow of foreign funds, dragged the key domestic...
Business4 months ago

Indices plunge post RBI policy decision; Sensex down nearly 800 points

Mumbai, Oct 5: The key Indian equity indices crashed by over two per cent on Friday as the Reserve Bank of India (RBI)’s changed policy stance from...
India4 months ago

Likely RBI intervention aid rupee’s recovery; touches new low of 73.82

Lately, concerns over a rise in inflation rate, high crude oil prices and an outflow of foreign funds from the country's equity market has subdued the...
Business4 months ago

Sensex tanks over 800 points on rate hike fears, downhill rupee

Mumbai, Oct 4: Caution ahead of a likely hike in key lending rates by the Reserve Bank of India (RBI), along with a weak rupee and high...
Business5 months ago

Sensex ends 550 points down on weak rupee, RBI rate hike fears

Mumbai, Oct 3: Amidst a weak rupee and a likely hike in interest rates by the Reserve Bank of India (RBI), the key Indian equity indices closed...
Business5 months ago

Equity indices reverse losses to close higher; Nifty reclaims 11,000

Mumbai, Oct 1: Recovering from the day’s losses the key Indian equity indices settled in the green on Monday, with the S&P BSE Sensex closing 299...
Business5 months ago

Equity indices close in red for 3rd straight session

Mumbai, Sep 28: The key Indian equity indices closed in the red for the third consecutive session on Friday as the S&P BSE Sensex dropping nearly...
Business5 months ago

RBI likely to hike repo rate by 25 bps: SBI report

Mumbai, Sep 28 (IANS) The Reserve Bank of India (RBI) is expected to hike its key lending rate by 25 basis points in October, a SBI...
Business5 months ago

Sensex sheds 218 points, Nifty below 11,000-mark

Mumbai, Sep 27: Key equity indices slipped into the red for the second consecutive session on Thursday as the S&P BSE Sensex closed 218 points down...
Business5 months ago

SBI to sell 4% stake in SBI General Insurance, post regulatory approvals

Mumbai, Sep 26: Lending major State Bank of India (SBI) will divest four per cent stake in SBI General Insurance company for Rs 481.73 crore post...
Analysis5 months ago

Learning from diversity in regulation

Regulation has an unfortunate, negative connotation to it. It brings to mind an authoritarian image with regards to the government. That is definitely not how it...
Business5 months ago

Sensex slips 160 points after opening in the green

Mumbai, Sep 26: The key Indian equity indices traded on a negative note during the afternoon session on Wednesday after they opened on a positive note, with...
Business5 months ago

Rupee extends losses, nears 73 against Dollar

New Delhi, Sep 25: The Indian rupee slipped in the early trade on Tuesday. It weakened by 33 paise to 72.82 against the US dollar. Indian Rupee...
Business5 months ago

Key equity indices open in red

Mumbai, Sep 25: The key Indian equity indices opened on a negative note on Tuesday, owing to a weak rupee and rising crude oil prices. At...
Business5 months ago

Sensex ends 536 points lower, Nifty below 11,000-mark

Mumbai, Sep 24: Slump in the financial stocks along with a weak rupee and high crude oil prices dragged the S&P BSE Sensex down 536 points on...
Business5 months ago

Weak rupee, credit crisis worries drag equity market down 3% over week

Mumbai, Sep 22 : Persistent depreciation in the Indian rupee and high crude oil prices coupled with concerns over credit crisis dragged the key equity indices...
Business5 months ago

Sensex swings 1,500 points, closes 280 points lower

Mumbai, Sep 21: High volatility, following a likely credit crisis in the infrastructure lending and development sector, dragged the market in the red, with the S&P...
Business5 months ago

Weak global cues subdue equity indices; banking stocks down

Mumbai, Sep 19: Weak global cues on the back of escalation in trade tensions subdued equity indices during the afternoon trade session on Wednesday. Although, the...
Business5 months ago

RBI can sell USD 25 bn more to arrest rupee fall: SBI report

Mumbai, Sep 18 : The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee’s depreciation, suggested a State...
Business5 months ago

Equity indices end in red for second straight session

Mumbai, Sep 18: The key Indian equity indices provisionally closed in the negative territory for the second successive day on Tuesday, with the S&P BSE Sensex...
Business5 months ago

Global trade tensions dent rupee; closes at 72.98

New Delhi, Sep 18: The latest global trade protectionist measures, along with high crude oil prices, dragged the Indian rupee to a fresh low of 72.98...
Business5 months ago

Petrol nears Rs 90/litre in Mumbai, over Rs 82 in Delhi

New Delhi, Sep 17 (IANS) Domestic fuel prices continued to scale new heights on Monday, with the price of petrol nearing the psychological Rs 90 a...
Business5 months ago

Sensex plunge over 500 points on weak global cues

Mumbai, Sep 17: The key Indian equity indices provisionally closed deep in the red on Monday, as the S&P BSE Sensex lost more than 500 points...
India5 months ago

Government’s measures to stop depreciation of rupee ‘half-hearted’: Chidambaram

Government's five "measures" announced yesterday are half-hearted and too late. Because government was in denial
Business5 months ago

Government moves to rein in current account deficit, rupee fall

New Delhi, Sep 14 ; To stop further depreciation of rupee and widening of current account deficit (CAD), the government on Friday took five measures and...
Business5 months ago

Sensex rises over 350 points, oil and gas stocks gain

Mumbai, Sep 14: A recovery in the Indian rupee’s value along with broadly positive global cues and a slower rise in wholesale price inflation for August pushed...
Business5 months ago

India’s July industrial output eases to 6.6%

"The cumulative growth for the period April-July 2018 over the corresponding period of the previous year stands at 5.4 per cent," the Quick Estimates of IIP...
Business5 months ago

Rupee recovery, value buying buoy equity indices

Mumbai, Sep 12: A recovery in the rupee value along with value buying buoyed the key Indian equity indices on Wednesday. The key equity indices —...
Business5 months ago

Rupee inches closer to 73, hits 72.91 against US Dollar

Mumbai, Sep 12: Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning. The rupee has been on a...
Business5 months ago

Sensex plunges 500 points; Nifty loses 150 points

Mumbai, Sep 11: The key Indian equity indices continued their steep fall for the second consecutive session on Tuesday with the benchmark Sensex losing 509 points...
Business5 months ago

Inflationary risks depress rupee; touches new low of 72.74

Mumbai, Sep 11: Inflationary risks along with broadly negative global cues depressed the Indian rupee to a new low of 72.74 to the US dollar during...
Business5 months ago

Sensex plunges 467 points on weak rupee; Nifty loses 151 points

Mumbai, Sep 10: The key Indian equity indices ended deep in the red on Monday with the benchmark Sensex losing 467 points and the Nifty50 down...
Business5 months ago

Rupee crashes further, hits 72.67 per dollar

Mumbai, Sep 10: Continuing its free fall, the Indian rupee touched a new low of 72.67 on Monday, depreciating by almost a rupee from its previous...
Business5 months ago

US dollar rises on expected hike of interest rate

New York, Sep 8 : The US dollar increased substantially on expectation of interest rate hikes. In late New York trading on Friday, the euro was...
Business5 months ago

Equity indices end in green as auto stocks surge, Rupee recovers

Mumbai, Sep 7: The key Indian equity indices closed in the green on Friday supported by healthy buying activity in the auto stocks and a recovery...
Business5 months ago

Rupee touches fresh low of 71.97 per US dollar, recovers

Mumbai, Sep 5 : Weak global cues and domestic uncertainty over foreign investment norms in the equity market pulled the Indian rupee to a new record...
Business5 months ago

No need to panic over rupee devaluation: Jaitley

New Delhi, Sep 5 : Finance Minister Arun Jaitley on Wednesday said there is no need to worry over the steep fall in the Indian rupee’s...
Business5 months ago

Weak rupee depresses equity indices; banking stocks fall

Mumbai, Sep 4: Broadly negative global cues coupled with a weak rupee depressed the Indian equity markets on Tuesday. According to market observers, heavy selling pressure was...
Business6 months ago

Sensex sheds over 300 points on global cues; Nifty ends below 11,600

Mumbai, Sep 3: Shedding the gains made earlier in the day, the Indian equity indices plunged nearly 1 per cent on Monday, with the S&P BSE Sensex...
Business6 months ago

Rupee plunges to yet another record low of 71.12 against US dollar

New Delhi, Sep 3: The Indian rupee plunged to a fresh record low of 71.12 against US dollar during the late afternoon-trade session on Monday, tracking a...
Business6 months ago

GST collection slides below Rs 94,000 crore

New Delhi, Sep 1 (IANS) Revenue collection under the Goods and Services Tax (GST) dropped to Rs 93,960 crore in August as against Rs 96,483 crore...
Business6 months ago

Growth may decline in Q3, Q4: Chidambaram

New Delhi, Aug 31 : As India’s GDP growth for the first quarter of 2018-19 accelerated to 8.2 per cent, former Finance Minister P. Chidambaram said...
Business6 months ago

8.2% growth represents potential of New India: Jaitley

New Delhi, Aug 31 : With the Indian economy registering a GDP growth of 8.2 per cent in the first quarter of the current fiscal, Union...
Business6 months ago

Rupee plunges to record low of 71 against US dollar

Mumbai , August 31 : The Indian rupee plunged to a fresh record low of just over 71 to a US dollar during the morning trade...
Business6 months ago

Profit booking, weak rupee depress equity indices

Mumbai, Aug 30: Profit booking ahead of the August futures and options expiry and a weak rupee subdued the key Indian indices on Thursday. Both the key...
Business6 months ago

Rupee hits fresh record low of 70.82 against US dollar

Mumbai, Aug 30: The Indian rupee plunged to a fresh record low of 70.82 against US dollar during the morning trade session on Thursday. Indian #Rupee now...
Business6 months ago

Oil prices, interest rates to put pressure on India’s fiscal deficit: Moody’s

Mumbai, Aug 29 : Global credit ratings, research and risk analysis firm Moody’s Investors Service on Wednesday said higher oil prices and interest rates might put...
Politics6 months ago

Economy on life support, Yet Finance Minister lauds it performed: Kapil Sibal

New Delhi, Aug 29: In a blistering attack, Senior Congress leader Kapil Sibal today said the Indian economy is on life support, yet the Finance Minister...
Business6 months ago

Rupee hits record low of 70.55 against dollar

Mumbai, Aug 29: The Indian rupee plunged to a fresh record low of 70.55 against US dollar during the noon-trade session on Wednesday. Around 12.30 p.m. the...
Business6 months ago

Equity indices close at record levels; Sensex inches closer to 39,000 points

Mumbai, Aug 28: Continuing their bull run, key Indian equity indices set fresh benchmarks on Tuesday, with the S&P BSE Sensex inching closer to the landmark level...
Business6 months ago

RBI deadline for resolution of ₹ 3.8 trillion in NPAs ends today

New Delhi, Aug 28 : A major deadline in the process of resolving the country’s most pressing corporate and banking problem of NPAs, or bad loans,...
Business6 months ago

Sensex breaches 36,700-mark; Nifty touches 11,700 point

Mumbai, Aug 27: The key Indian equity indices — S&P BSE Sensex and the NSE Nifty50 — crossed the psychological marks of 36,700 points and 11,700 points...
India6 months ago

Modi government has pushed economy in dire straits: Congress

New Delhi, Aug 26 (IANS) The Congress on Sunday said that the Narendra Modi government had upturned a rising economy and left it in “dire straits”...
Business6 months ago

Equity indices end in red on global cues, weak rupee

Mumbai, Aug 24: The key Indian equity indices closed in the negative territory on Friday, tracking broadly negative cues from the global markets. Weakness in the Indian...
Business6 months ago

Equity indices close on flat-to-positive note; capital goods stocks rise

Mumbai, Aug 23: The key Indian equity indices – S&P BSE Sensex and the NSE Nifty50 – closed on a flat-to-positive note on Thursday, after scaling fresh...
Business6 months ago

Equity indices touch fresh highs as rupee strengthens

Mumbai, Aug 21: An appreciation in the Indian rupee lifted the key equity indices — S&P BSE Sensex and the NSE Nifty50 — to fresh intra-day highs...
Business6 months ago

Equity indices end at record closing levels; Nifty50 closes above 11,500

Mumbai, Aug 20: Positive global cues and recovery in the Indian rupee lifted the benchmark S&P BSE Sensex and NSE Nifty50 to provisionally end at record...
Business6 months ago

GST implementation an example of tax terrorism: Chidambaram

On whether the Goods and Services Tax is flawed despite amendments, Chidambaram said that it proved that it was implemented in a wrong manner.
Business6 months ago

Back series GDP calculation proved UPA years best: Chidambaram

New Delhi, Aug 18: Former Union Minister and senior Congress leader P. Chidambaram on Saturday challenged Prime Minister Narendra Modi’s government to match up with the UPA’s...
Politics6 months ago

Stop ‘Bhashan’ Concentrate on ‘Shashan’ : Kapil Sibal

New Delhi, Aug 18: Senior Congress leader and former union minister Kapil Sibal on Saturday took to twitter over the current Indian Economy Growth. Kapil Sibal...
Business6 months ago

Nifty sets new closing high on firm global cues; Sensex ends near 38,000

Mumbai, Aug 17: Broadly positive global cues lifted the key Indian equity indices on Friday with the NSE Nifty50 ending at a record closing high of 11,470.75...
Business6 months ago

Rupee appreciates marginally; still below 70 per dollar mark

Mumbai, Aug 17: The Indian rupee appreciated marginally during the morning hour of the trade session on Friday after settling at a record low closing level in...
Business6 months ago

Trade deficit depreciates Indian rupee to a fresh low; closes at 70.16

New Delhi/Mumbai, Aug 16 (IANS) A wider trade deficit, along with outflow of foreign funds pulled the Indian rupee to a fresh record intra-day and closing...
Business6 months ago

Nifty sets new closing high on firm global cues; Sensex ends near 38,000

Mumbai, Aug 16: Broadly positive global cues lifted the key Indian equity indices on Friday with the NSE Nifty50 ending at a record closing high of 11,470.75...
Business6 months ago

Rupee devalues to record low beyond 70.20

Mumbai, Aug 16: Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning...
Business6 months ago

Rupee devalues to record low of 70 to a USD; recovers

Mumbai, Aug 14 (IANS) Geo-political pressures, along with outflows of foreign funds and high crude oil prices dragged the Indian rupee to its lowest ever intra-day...
Business6 months ago

India’s wholesale inflation eases to 5.09% in July

New Delhi, Aug 14: India’s annual rate of inflation based on wholesale prices eased to 5.09 per cent in July from a rise of 5.77 per cent...
Business6 months ago

Rupee hits record low of 70.08 against US dollar

New Delhi, Aug 14: Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low...
Business6 months ago

Macro-data, global cues push equity indices higher

Mumbai, Aug 14: Positive macro-economic inflation data along with supportive Asian stock exchanges pushed the key indices of the Indian equity market higher during the morning trade...
Business6 months ago

India’s July retail inflation eases to 4.17%

New Delhi, Aug 13: Lower food prices decelerated the pace of India’s retail inflation in July to 4.17 per cent from a rise of 4.92 per cent...
Business6 months ago

Global cues, weak rupee depress equity indices; rupee hits fresh low

Mumbai, Aug 13: Broadly negative global cues along with weakness in the Indian rupee and caution ahead of the release of macro-economic inflation data point subdued the...
Business6 months ago

Negative global cues subdue equity indices

Mumbai, Aug 10: Geo-political concerns over global protectionist measures along with profit booking dragged the Indian equity market in the red on Friday. Other key factors such...
Business6 months ago

Sensex mounts 38k points, Nifty at record high

Mumbai, Aug 9: The benchmark equity index — S&P BSE Sensex — crossed the 38,000-points mark during the mid-afternoon trade session on Thursday. According to market observers,...
Business6 months ago

Global cues, healthy Q1 results lift indices to record highs

Mumbai, Aug 8: Positive global cues, along with expectations of healthy quarterly results, lifted the key Indian equity indices to their record intra-day and closing high-levels on...
Auto6 months ago

Equity indices hit fresh highs; auto, metal stocks up

Mumbai, Aug 7: The key Indian equity indices on Tuesday touched fresh record levels for the second straight day with healthy buying in auto and metal stocks....
Business6 months ago

Sensex, Nifty settle at record closing levels; banking stocks surge

Mumbai, Aug 6: The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — settled at their record closing levels on Monday driven by...
Business7 months ago

Sensex, Nifty rise over 1%; banking, consumer durable stocks surge

Mumbai, Aug 3: The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — rose over one per cent on Friday supported by a healthy...
Business7 months ago

Global cues, RBI’s lending rate cuts subdue equity indices; Sensex falls 350 points

Mumbai, Aug 2: Broadly negative global cues along with disappointment over the RBI’s lending rate hike and profit booking dragged the key Indian equity indices — NSE...
Business7 months ago

RBI rate hike, PMI data subdue equity indices

The RBI has raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.
Business7 months ago

Sensex hits record high as GST cuts boost sentiments; banking, FMCG stocks rise

Mumbai, July 23: The benchmark BSE Sensex hit a fresh all-time high of 36,749.69 points towards the fag end of trade on Monday led by healthy buying...
Business7 months ago

Market Review: Inflation rate, no-turst vote keep equity indices subdued

Mumbai, July 21: Weak global cues, along with higher inflation and a no-trust vote in Parliament, subdued the key Indian indices in the week ended Friday. Weakening...
Business7 months ago

India’s Forex reserves deplete by over $734 mn

Mumbai, July 20 (IANS) India’s foreign exchange (Forex) reserves depleted by $734.5 million during the week ended July 13, official data showed on Friday. According to...
Business7 months ago

Equity indices end in green, Nifty closes over 11,000 mark

Mumbai, July 20: The key Indian equity indices closed in the positive territory on Friday riding on the Central government’s confidence of winning the trust vote in...
Business7 months ago

Weak rupee, global cues depress equity indices; capital goods stocks fall

Mumbai, July 19: Depreciation in the Indian rupee coupled with decline in the global markets subdued the key Indian equity indices on Thursday. According to market observers,...
Business7 months ago

Domestic political uncertainty subdues equity indices

Mumbai, July 18: Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday. According to market...
Business7 months ago

Government increases sugarcane FRP to Rs 275

New Delhi, July 18: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a Rs 20 per quintal increase in the Fair and Remunerative Price (FRP)...
Business7 months ago

Slide in crude prices lift indices; Nifty regains 11k-mark

Mumbai, July 17: Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity...
Business7 months ago

Asian cues, inflation subdue equity indices; Nifty50 ends below 11,000

Mumbai, July 16: Weak Asian cues and rise in wholesale inflation subdued the key Indian equity indices on Monday, with the wider Nifty50 closing below the 11,000-mark....
Business7 months ago

Chidambaram slams government over ‘economic mismanagement’

"After 5-month-high inflation and 7-month-low industrial growth comes the news of soaring trade deficit."
India7 months ago

Jaitley should write FB post on who is FM, says Congress

"Inflation reaching 5 to 6 per cent, Index of Industrial Production going down, exports going down from Rs 19 lakh crore to Rs 10 lakh crore.
Business7 months ago

India’s June exports up over 17%, trade deficit soars to $16.6 bn

New Delhi, July 13 (IANS) Indian exports in June at $27.7 billion rose by 17.57 per cent over the same month in 2017. But with higher...
Business7 months ago

India’s retail inflation for June is at 5%

New Delhi, July 12 : India’s retail inflation for June has gone up to 5 per cent compared to 4.87 per cent in May 2018, according...
Business8 months ago

Rupee movement, macro-data insight to drive equity market

It closed at 68.47, weaker by 63 paise from its previous week's close of 67.84 per greenback.
Business8 months ago

Market Review: After 5 weeks of gains, equity indices fall on global cues, weak rupee

Mumbai, June 30: Breaking a five-week gaining streak, the key Indian equity indices declined in the week ended Friday, with the Nifty50 of the National Stock Exchange...
India8 months ago

Kapil Sibal questions PM Modi: Who is in ICU-Economy or NDA?

He said that 50% rise in deposits by Indians in Swiss bank accounts in 2017 indicates that the steps taken by the present ruling dispensation to...
Business8 months ago

After 2 days of losses, equity indices surge on value buying, global cues

Mumbai, June 29: Value buying, along with broadly positive global bourses and a recovery in Indian rupee, aided the key Indian equity indices to make substantial gains...
Business8 months ago

Global cues supress equity indices; Sensex down over 150 points

Mumbai, June 28: Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex losing over 150 points....
Business8 months ago

Global cues pull equity indices lower; Nifty50 loses nearly 100 points

Mumbai, June 27: Negative global cues, including the rise in crude oil prices and escalating trade war concerns, pulled the key Indian equity indices deep into the...
Business8 months ago

Equity indices end flat on mixed global cues; FMCG stocks rise

Mumbai, June 26: The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in...
Business8 months ago

Global cues depress equity indices, Sensex ends 200 points lower

Mumbai, June 25: Weak global cues pulled the key Indian equity indices lower on Monday, with the benchmark BSE Sensex falling over 200 points. According to...
Business8 months ago

Market Review: Amid volatility equity indices rise for 5th straight week

Mumbai, June 23: Despite volatility and a broadly bearish momentum, the key Indian equity indices rose for the fifth consecutive week, although with marginal gains. Value buying...
Business8 months ago

Banking, healthcare stocks help equity indices end in green

Mumbai, June 22: Last hour buying in banking, healthcare and auto stocks lifted the key equity indices after a largely choppy trade on Friday. Broadly positive European...
Business8 months ago

Key Indian equity indices open in green

Mumbai, June 21: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which...
Business8 months ago

Weak global cues subdue equity indices; Sensex down over 200 points

Mumbai, June 19: Weak global markets suppressed the key Indian equity indices on Tuesday afternoon with the benchmark 30-scrip Sensex of the BSE losing over 200 points...
India8 months ago

Manish Tewari poses tough questions to PM Modi

New Delhi, June 18 : Senior Congress leader Manish Tewari on Monday posed tough questions to Prime Minister Narendra Modi on the widening current account deficit...
Business8 months ago

Global cues subdue equity indices; metal stocks fall

Mumbai, June 18: Weak international markets and concerns of a resurgent global trade war depressed the key Indian equity indices on Monday. According to market analysts, heavy...
Business8 months ago

Market Review: Higher industrial output, Kim-Trump meet lift equity indices

Mumbai, June 16: Healthy industrial production data and an encouraging geo-political scenario aided the key Indian equity indices to rise for the fourth consecutive week. The gains...
Business8 months ago

May wholesale inflation in India doubles year-on-year to 4.43%

New Delhi, June 14: A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 per cent,...
Business8 months ago

Equity indices cede major gains to end flat

Mumbai, June 13: Broadly negative global markets ahead of US Federal Reserve’s rate-setting meet led the key domestic equity indices to provisionally close on a flat-to-positive note...
Business8 months ago

India’s retail inflation in May inches up close to 5% mark

New Delhi, June 12: The combined push of food and fuel prices continued to drive up retail inflation in India in May towards the 5 per cent...
Business8 months ago

Global cues, hopes of healthy macro data lift equity indices

Mumbai, June 12: Global cues and expectations of a healthy macro-economic industrial production data aided the key Indian equity indices to close Tuesday’s trade session on a...
Business8 months ago

India’s April industrial production output up 5%

New Delhi, June 12: India’s industrial output rose by 4.9 per cent in April 2018 from a rise of 4.57 per cent in March, official data...
Business8 months ago

Profit booking, global markets subdue domestic equity indices

Mumbai, June 8: Profit booking, along with broadly negative global markets and a weak rupee, subdued the key domestic equity indices during a volatile trade session...
Business8 months ago

Global cues lift equity indices; banking stocks soar

Mumbai, June 7: Positive global cues and healthy buying support for banking, capital goods and metal stocks lifted the key indices of the Indian equity market on...
Business8 months ago

RBI rate hike to make home, auto loans costlier

New Delhi, June 6: Housing and auto loans are set to become costlier with India’s central bank raising its key interest rate for the first time since...
Business8 months ago

RBI’s ‘neutral’ stance boosts equity indices

Mumbai, June 6: The key indices of the Indian equity market made healthy gains on Wednesday as investors’ risk-taking appetite was enhanced after the Reserve Bank of...
Business9 months ago

RBI hikes repo rate by 25 basis points; house, auto loans to get costlier

Mumbai, June 6: Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI) on Wednesday raising its key interest rate for...
Business9 months ago

Caution over RBI’s policy review subdues equity indices

Mumbai, June 5: Broadly negative global cues along with caution ahead of the RBI’s monetary policy review depressed the key Indian equity indices on Tuesday. According to...
Business9 months ago

Weak demand in May contract India’s service sector output: PMI

Mumbai, June 5: Weak demand along with a rise in inflationary pressures pulled the output of the Indian service sector lower during May, macro-economic data showed on...
Business9 months ago

Equity markets give up early gains, trade lower during afternoon session

Mumbai, June 4: Erasing its morning gains, the key Indian equity indices on Monday afternoon was trading lower. The 30-scrip Sensitive Index (Sensex) was trading 103.59 points...
Business9 months ago

Moody’s cuts India’s GDP forecast to 7.3% from 7.5%

New Delhi, May 30: Moody’s Investors Service report on Wednesday has cut India’s GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5...
Business9 months ago

Rupee weakens further, down 31 paise against dollar

"Continued foreign capital outflows and month-end dollar demand weighed on rupee sentiment," a dealer said.
Business9 months ago

Market Review: Amid volatility equity indices end week with marginal gains

Mumbai, May 26: The key Indian equity indices settled with marginal gains in the week ended Friday after largely volatile trade throughout the week. Value buying, a...
Business9 months ago

Equity indices rise as oil prices fall

Mumbai, May 25: A fall in global crude oil prices and value buying lifted the key Indian equity indices on Friday. As per the exchanges’ data, robust...
Business9 months ago

Value buying lifts equity indices; banking, IT stocks surge

Mumbai, May 24: Value buying lifted the key equity indices on Thursday, after they slumped around one per cent in the previous session. According to market...
Business9 months ago

Fund outflows, rupee depreciation dent equity indices

Mumbai, May 23: Persistent outflow of foreign funds along with weak global cues and a depreciation in the rupee plunged the key Indian equity indices on...
Business9 months ago

Equity indices close marginally higher; auto, metal stocks gain

Mumbai, May 22: The key Indian equity indices provisionally closed in the green on Tuesday, although with marginal gains on the back of value buying by...
Business9 months ago

Karnataka politics, oil prices depress equity market

Mumbai, May 21: Formation of a non-BJP government in Karnataka, along with weakness in global indices and rising crude oil prices, pulled the key Indian equity indices...
Business9 months ago

Petrol, diesel prices hit all time high; rates hiked for 8th day in row

New Delhi, May 21: Petrol and diesel prices on Monday were increased in the range of 33-34 paise per litre and 25-27 paise per litre across...
Business9 months ago

India’s retail inflation rises to 4.58% in April

New Delhi, May 14: India’s retail inflation rose to 4.58 per cent in April from a rise of 4.28 per cent in March and 2.99 per cent...
Business10 months ago

Retail gold sales down on Akshaya Tritiya

Mumbai, April 18: Retail gold sales are noticeably down on the auspicious Akshaya Tritiya this year owing to several factors, said a leading jewellers association chief. Mumbai...
Business10 months ago

Deflating food prices softens India’s WPI inflation

New Delhi, April 16: Deflating food prices softened India’s wholesale price-indexed (WPI) inflation to 2.47 per cent in March from 2.48 per cent reported for the previous...
Business11 months ago

Equity indices soar after RBI holds rates, banks stocks gain

The Sensitive Index (Sensex) of the BSE, which had closed at 33,019.07 points on Wednesday, opened higher at 33,289.96 points.
Politics11 months ago

Farmers are in distress, Economy in a mess : Kapil Sibal

New Delhi, March 12: Senior Congress leader Kapil Sibal on Monday expressed displeasure over country’s contemporary scenario saying from farmers to economy, everything is in distress....
Analysis1 year ago

India should tap EU, East Asia to overcome ‘late convergence stall’

The usual brouhaha around the Budget strips the Economic Survey of the attention it deserves. The Survey document, especially since Arvind Subramanian has taken over as...
Business1 year ago

Petrol prices hit Rs 73 per litre in Delhi, highest since July 2014

New Delhi, Feb 1: Petrol prices approached a three-and-a-half-year high in Delhi on Thursday at Rs 73.05 per litre. The previous high in the national capital was...
India1 year ago

Possibilities of hike in Petrol & Diesel prices, indicates Economic Survey

New Delhi, Jan 29: Chief economic advisor (CEA) Arvind Subramanian on Monday warned about growing global risks like rising oil prices and the possibility of sudden...
India1 year ago

Economic Survey 2018 reveals 10 new facts about Indian economy

New Delhi, Jan 29: Highlighting the key achievements of the current fiscal — the impact of GST, India’s egalitarian export structure, the preference of the Indian society...
Business1 year ago

Vegetable, fruit exports dip by 15 per cent

New Delhi, Jan 27: Exports of fresh fruits and vegetables have slumped by 15 per cent in terms of revenue during April-November 2017, apart from a substantial...
World1 year ago

Goldman Sachs reports 4Q loss on big charge for US tax reform

New York, Jan 17: Goldman Sachs on Wednesday said it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4...
Business1 year ago

‘Indian economy to grow by 7.3% in 2018-19, regain top spot’

The World Bank is estimating India's economy to grow by 6.7 per cent during the current fiscal year, higher than the 6.5 per cent estimate by...
Politics1 year ago

State of economy is a matter of great concern, All parameters are going down: Anand Sharma

New Delhi, Jan 6: Launching a scathing attack on Modi-led government over the estimate of India’s GDP growth rate, which is pegged at 6.5%- a four...
Politics1 year ago

Modi govt’s claims of robust growth has ‘evaporated’ in thin air: Chidambaram on GDP estimate

Congress leader Anand Sharma also lashed out at the government, accusing it of “monumental mismanagement” of the economy and remaining in constant denial of the ground...
Politics1 year ago

Rahul Gandhi describes GDP as Modi’s Gross Divisive Politics – WEFORNEWS

Congress President Rahul Gandhi on Saturday attacked the Centre for the economic slump in the country and described “GDP” as the “Gross Divisive Politics” of Prime...
Business1 year ago

Indian economy’s growth estimated at 6.5% in FY 18

New Delhi, Jan 5: The Indian economy is anticipated to grow at 6.5 percent in 2017-18 compared with 7.1 percent in 2016-17, official data revealed on Friday....
Business1 year ago

Metals, capital goods stocks buoy key equity markets on Thursday

Mumbai, Dec 28: Healthy purchase of metals, capital goods, and healthcare stocks buoyed the key indices of the Indian equity market during the early morning trade session...
Business1 year ago

Macro-data, parliament session to steer key equity indices

Mumbai, Dec 10: Upcoming macro-economic data points, coupled with the commencement of parliament’s winter session and global cues, especially crude oil prices, are expected to determine the...

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