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Out of total government expenditure of Rs 21.09 lakh crore, which is 76 per cent of the BE, revenue expenditure was Rs 18.54 lakh crore and...
Pathways can emerge only through solid dialogue and discussions on the challenges of taking the country forward, he added.
Bhopal, Feb 19 : With the Centre’s growing hostility causing a financial crunch Madhya Pradesh government is looking for resources to fulfil promises made in the...
He also cautions against "strong centralised governments", a scenario that is now unfolding in India.
New Delhi, Feb 12: Higher prices of food items such as vegetables, eggs, meat and fish, along with fuel costs, pushed India’s retail inflation during January...
He also asked Sitharaman to bring the matter on the council's agenda if she was interested in bringing petrol and diesel under GST.
The Congress and other opposition parties have been accusing the BJP government of 'complete mismanagement' of the economy.
He compared the government's assurance on economy with that of "an astrologer who tells his client that fortune would turn after certain planets move from one...
AGR dues payment has not been taken into account in the Budget", and the higher revenue projection in the budget is expected on account of spectrum...
Chidambaram also said the government finances are under pressure.
The companies declaring such dividend will have to now deduct tax at source (TDS) at 10 per cent on the amount distributed as dividend.
The Nifty50 on the National Stock Exchange was trading at 11,881.35, lower by 80.75 points or 0.68 per cent from its previous close.
Govt to raise funds via listing of LIC; Deposit insurance raised to Rs 5 lakh; FY21 fiscal deficit target pegged at 3.5% of GDP; DDT scrapped;...
The debt market comprises the government securities market and the corporate debt market. G-Secs constitute 79 per cent of the total amount of outstanding bonds in...
Last August, the government cut corporate taxes to 22.5% which cost the exchequer Rs 1.45 lakh crore.
New Delhi, Feb 1 Finance Minister Nirmala Sitharaman said Central government’s debt reduced to 48.7% of GDP in 2019 from 52.2% and has clocked a GDP...
New Delhi, Feb 1 Presenting the Union Budget in the Parliament on Saturday, Finance Minister Nrimala Sitharaman said the fundamentals of Indian economy are strong and...
"After failure of Modinomics, a new word Thalinomics has been coined while the 'thali' of the common man is empty as the food inflation is at...
Mumbai, Jan 26 : The upcoming six-day trading week will keep investors on their toes due to the mega event of presentation of the Union Budget...
New Delhi, Jan 21 : The bad run for the Indian economy continues with the latest victim being the government’s direct tax kitty, where collections have...
Mumbai, Jan 21 : The benchmark Sensex on Tuesday closed 205 points lower after the International Monetary Fund (IMF) slashed India’s 2019 growth estimates from 4.8...
The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is...
New Delhi, Jan 15: Eleni Kounalakis, the lieutenant governor of California is on a visit to India to enhance business relations between California and India for...
"Exports witnessed growth of 9.9 per cent to 66,073 units, mainly due to incremental contribution of 6,341 units by Kia Motors, which otherwise could be flattish,"...
On Tuesday, the Central Statistics Office (CSO) pegged the 2019-20 growth at an 11 year low of 5 per cent.
This estimate however has a shelf-life of only two months and is only used as an input for budget arithmetic, it added.
New Delhi, Jan 7 : Reserve Bank of India Governor Shaktikanta Das on Tuesday said the central bank is focusing on strengthening regulation and supervision to...
The former Finance Minister praised the students for being at forefront of the democratic agitation
New Delhi, Jan 1 : People of the country, yet to recover from their New Year revelry, woke up Wednesday to the double blow of increased...
Total receipts comprised Rs 7.50 lakh crore of net tax revenue and Rs 2.32 lakh crore of non-tax revenue receipts.
The eight core industries include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
"Resolution, restructuring and recovery formed the three vital pillars of the strategy adopted by the new board," Kotak said.
The RBI, however, said the financial system remains stable despite weakening domestic growth.
Mumbai, Dec 25 : Banks’ exposure to sensitive sectors that comprise capital market, real estate and commodities edged up to 23.5 per cent of total loans...
New Delhi, Dec 25 : Bharat Bond ETF, India’s first corporate bond ETF, has fetched Rs 12,400 crore from its maiden offer. It opened for subscription...
New Delhi, Dec 18 : Bharti Group Chairman Sunil Mittal here on Wednesday met Union Commerce and Industry Minister Piyush Goyal and raised a host of...
New Delhi, Dec 18 : Citing reasons for the “severe illness in the economy”, former Chief Economic Advisor Arvind Subramanian has pointed out that India is...
This is the slowest GDP growth rate in around six years. The growth on a year-on-year basis during Q2 2018-19 had stood at 7 per cent.
Chennai: Actor-turned-politician Kamal Haasan on Tuesday questioned the need for the Citizenship (Amendment) Act (CAA) when the economy is on the slide. Speaking to reporters here...
Government must recognise that fear and enterprise don’t go together. Keep the ED and the CBI at bay and ensure that income tax authorities act within...
New Delhi, Dec 10 : The Central GST collection fell short of the budged estimate by nearly 40 per cent during the April-November period of 2019-20,...
New Delhi, Dec 10 : Net inflows into equity mutual funds dipped sharply to multi-year lows in November as on one hand, outflows from credit risk...
The immediate CPSE borrowers ETF could be NHAI , Hudco, IRFC , NTPC PGCIL , GAIL, PFC, EXIM Bank and Nabard, said sources.
New Delhi, Dec 6 : Even as many see the RBI’s pause on repo rate as a setback for the growth, some economists argue that any...
As of now, it will have 2 maturity series -- for 3 and 10 years. Each series will have a separate index of the same maturity....
Mumbai, Dec 3 : The Reserve Bank of India (RBI) is expected to administer another booster dose of lending rate cut to break the slowdown induced...
Ranchi, Dec 2 : Former Congress president Rahul Gandhi on Monday targeted Prime Minister Narendra Modi, alleging that the revenue generated from common people in the...
NIFTY made a new lifetime high on Tuesday, November 26, and did so again two days later. Friday saw a sharp correction with the expected weak...
New Delhi, Nov 30 : Senior Congress leader and Rajya Sabha MP Ahmed Patel accused the Modi government of using CBI and ED to attack the...
She said the BJP leadership was avoiding the real issues by mixing politics with religion and misguiding the women and common people.
New Delhi, Nov 29 : Slowdown in manufacturing activity pulled India’s GDP growth rate in second quarter (Q1) ended September down to 4.5 per cent, marking...
New Delhi, Nov 27 Coming under attack from the opposition parties in Rajya Sabha over slowdown and job losses, Union Finance Minister Nirmala Sitharaman on Wednesday...
Mumbai, Nov 20 : The rupee opened on a weak note and fell 9 paise to 71.84 against the US dollar in opening trade on Wednesday...
After BSNL, state-owned Mahanagar Telephone Nigam Ltd (MTNL) on Wednesday said its VRS plan has surpassed its internal estimates as more than 13,500 employees have opted...
The Congress has been protesting against the government on all these issues since November 5.
Mumbai, Nov 20 : India’s benchmark equity index hit record levels led by index-heavyweight Reliance Industries (RIL) — the largest company by market cap on Tuesday...
India has been trying to bring E-commerce under the WTO rules. It also needs to clearly establish guidelines for its usage under the FTAs with ASEAN...
Mumbai, Nov 13 : The domestic currency ended sharply lower on Wednesday over weak macro numbers and soft capital market sentiments. The rupee slipped to its...
"The cumulative growth for the period April-September 2019 over the corresponding period of the previous year stands at 1.3 per cent."
New Delhi, Nov 10 : Although there has been a rally in the stock markets off late, the net inflow in equity or growth-oriented mutual funds...
It has been three years since the Rs 500 and 1,000 notes were demonetised to curb the use of black money and fresh Rs 500 and...
New Delhi, Nov 8 : Global rating agency Moody’s Investors Service on Friday cut India’s outlook from ‘stable’ to ‘negative’ reflecting increasing risks to the country’s...
New Delhi, Nov 7 : Former Finance Secretary Subhash Chandra Garg, who demitted office last month, has said serious policy and programme measures are required to...
"Each year we import Rs. 6,000/ worth of goods from China for every Indian! A 100% increase since 2014. #RCEP will flood India with cheap goods,...
Net tax revenue has to grow 42 per cent to achieve the FY20 Budget target of Rs 16.5 trillion, which appears to be a daunting task.
"Net NPAs decreased by 51 per cent from Rs 22,086 crore on September 30, 2018 to Rs 10,916 crore on September 30, 2019," it said.
Mumbai, Oct 18 : In what could mean further rate cuts by India’s central bank, RBI Governor Shaktikanta Das has said at the bi-monthly monetary policy...
Delhi: Senior Congress leader and Rajya Sabha MP Kapil Sibal’s Press briefing. HIGHLIGHTS Nobody pays heed to the reality in India, Maharashtra and Haryana or the...
The non-performing assets (NPAs) surged to 16.1 per cent in this period suggesting bank profits remain under pressure.
India has been relatively hit hard by the recent global slowdown resulting in its projected growth dropping to 6.0 per cent in 2019, but it’s still...
New Delhi, Oct 15 : The outlook for the Indian economy for the current fiscal seems to get bleaker by the day as major economic forums...
The Reserve Bank of India (RBI) tracks consumer inflation primarily while formulating its monetary policy.
The country's growth slumped to a six-year low of 5% in the April-June quarter.
Outstanding loans rose Rs 596.53 trillion ($8.40 billion) from a fortnight earlier to Rs 97.71 trillion as on September 27.
The growth has hit the lowest level in the last 81 months.
Bengaluru: Global software vendor Infosys on Friday declared an interim dividend of Rs 8 per share of Rs 5 face value, or 160 per cent, for...
The estimate is based on an analysis of 430 companies, which account for 65 per cent of the market capitalisation, excluding financial services and oil firms,...
On November 8, 2016, the government of India unexpectedly declared 86 per cent of the existing currency in circulation as illegal tender.
SBI shares were trading at Rs 254.95, up Rs 5.85 (2.35%) recovering more than 4 per cent from lows.
Riyadh, Oct 9 : The Council of Ministers on Tuesday reemphasized the Kingdoms readiness to meet the world oil needs as the most reliable, safe and...
Quoting former Chief Economic Advisor (CEA) Arvind Subramanian, she said the actual GDP is less than 5 percent.
The benchmark Sensex closed 141.33 points lower at 37,531.98 and the broader Nifty fell by 48.35 points to 11,126.40.
The U.S. unemployment rate fell in September to a new five-decade low of 3.5%, while employers added a modest 136,000 jobs. The Labor Department says that...
Mumbai, Oct 4 : The fifth successive rate cut failed to cheer Indian investors as the Reserve Bank of India sharply lowered its growth projection for...
Mumbai, Oct 4 : Bank stocks slid dragging the Sensex over 440 points lower on Friday as investors reacted to the RBI’s cut in the countries...
New Delhi, Oct 4 : With inflation expected to remain below 4 per cent, the RBI has space to cut the lending rate further to revive...
Mumbai: To reverse the consumption slowdown and shore-up growth, the Reserve Bank of India on Friday reduced key lending rates for the fifth consecutive time. Accordingly,...
New Delhi, Oct 1 : Reflecting the consumption slowdown in the economy, the goods and services tax (GST) collection fell 2.67 per cent to Rs 91,916...
According to Traders, the lesser incoming in the markets may shoot up the prices.
The cumulative growth in April-August period of FY20 was 2.4 per cent compared with 5.7 per cent.
Modi further described India as an ideal destination for investors, saying that it was a "golden opportunity to partner India".
There are positives. But India needs to do more on education, tech, exports, informal sector and farming
Mumbai, Sep 23 : The Sensex gained 1,075 points on Tuesday, taking its two-day advance to nearly 3,000 points as investors continued to pump in money...
Bengaluru, Sep 20 : Biocon chairperson Kiran Mazumdar-Shaw on Friday complimented Finance Minister Nirmala Sitharaman for the corporate tax rate cut, a day after a Twitter...
Stocks of two-wheeler major Hero MotoCorp settled 13.19 per cent or Rs 334.05 higher at Rs 2,866.50 per share.
New Delhi, Sep 19 : The key Indian equity indices slumped over 1 per cent on Thursday with the BSE Sensex closing 470 points lower, owing...
New Delhi, Sep 14 : To boost the economy,Finance Minister Nirmala Sitharaman on Saturday announced a special window of Rs. 10,000 crore to boost affordable and...
New Delhi, Sep 13 : Sluggish global demand pulled India’s merchandise exports lower by 6.05 per cent in August on a year-on-year basis. As per the...
Higher food prices pushed up India’s August retail inflation to 3.21 per cent from 3.15 per cent in July, official data showed here on Thursday. However,...
New Delhi, Sep 12 : India’s factory output growth rate accelerated in July by 4.3 per cent from a rise of 1.17 per cent reported for...
A global undercurrent is shaping products, companies and whole swathe of markets. It’s happening at a rapid pace and needs a rethink by the government, business...
Mumbai, Sep 12 (IANS) Tata Motors Group on Wednesday reported a decline of 32 per cent in August’s global wholesales, including that of Jaguar Land Rover,...
As many firms were unable to pay the penalty, they had to shut the mines. Their closure led to the loss of direct/indirect jobs running into...
Latest data shows that automobile sales for the month of August hit the lowest since 1997-98.
New Delhi, Sep 8: Inspite of GDP 5% and employees being laid off by many companies, Union Information and Broadcasting Minister Prakash Javadekar said it is...
Nsw Delhi, Sep 8 : Taking a dig at the Modi government, Congress leader Rahul Gandhi on Sunday “congratulated” it on 100 days of “no development...
New Delhi, Sep 8 : On the completion of 100 days of the Narendra Modi government’s second tenure, Congress leader Kapil Sibal said Prime Minister is...
Mumbai, Sep 5 (IANS) Although the severely beaten down auto stocks edged higher on Thursday over expectations of a rate cut in the Goods and Service...
Mumbai, Sep 3 (IANS) Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in the first quarter, broking house Kotak...
Mumbai, Sep 2 : The Punjab National Bank (PNB) on Monday said that its board would consider capital infusion of up to Rs 18,000 crore on...
"The rupee is breathless, see the magic of Saheb. The rupee is down while the Saheb is up, condition has deteriorated," the party
On the liability side, the increase was due to increase in Notes issued, other Liabilities and Provisions, and Deposits by 13.43 per cent, 11.10 per cent...
Terming the recent measures announced by Finance Minister Nirmala Sitharaman as insufficient to support high growth, the agency said that they will support growth only in...
According to Kotak, optically, the excess provision transfer of Rs 52,300 crore, as well as the Rs 54,000 crore of higher dividend, will seem positive for...
Mumbai, Aug 26 (IANS) Global investors have shown appetite for rupee denominated assets in recent times and this trend needs to be strengthened further by policy...
Mumbai, Aug 26 (IANS) The government’s announcement of an upfront capital infusion of Rs 70,000 crore in public sector banks will enable them to grow loans...
"Notably, the mood is downbeat across all parameters of PCSI which is driven by the aggregation of the four, weighted, sub-indices," the report said on Thursday.
In a separate tweet, she attacked the UP government saying the "BJP has put the burden of its collapsed and corrupt policies on the people".
The government data said inflation in food articles was 6.15 per cent in July as against 6.98 per cent in the previous month
Gold prices also got a boost due to the depreciation in the rupee, making imports more expensive. The rupee closed at Rs 71.39 to a US...
New Delhi, Aug 13 (IANS) Retail inflation in July softened a bit to 3.15 per cent from 3.18 per cent in June, and 4.17 per cent...
Kolkata, Aug 11 Stressing West Bengal’s growth rate – at 12.58 per cent – was the highest in India, Chief Minister Mamata Banerjee on Sunday criticised...
What went by: Bonds continued their positive run with the 10-year bond yield falling by 51 basis points (bps) while the 10-year ‘AAA’ and 10-year SDL...
The auto industry in the country is going through a slowdown for the past few months largely due to liquidity constraints as well as high GST...
At the Multi-Commodity Exchange (MCX), the October contract of gold was trading at Rs 37,956 per 10 gram before it hit a life time high of...
The Governor did note the very large surpluses in the system today and reaffirmed the commitment to provide abundant liquidity.
Bengaluru, July 23 (IANS) An increase in government borrowing can risk flooding the debt market while making it expensive for companies to borrow, outgoing Reserve Bank...
New Delhi, July 22 (IANS) An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities linked with private...
New Delhi, July 19 : Former President Pranab Mukherjee criticised the Modi government over the state of the economy on Thursday, calling out the disbanding of...
While the PCSI Employment Confidence sub-index bounced back after last month's slump, and is up by 2.0 percentage points, the PCSI Economic Expectations sub-index fell by...
New Delhi, July 12 (IANS) Higher food prices have accelerated India’s June retail inflation to 3.18 per cent from 3.05 per cent in May, official data...
Pointing at the figures, Subramanian said: "If this chart is right, then my understanding of India needs revision."
"However, it falls short of signalling prospects for significant fiscal consolidation in the next few years."
Singapore/Mumbai, July 9 (IANS) Credit rating agency Moody’s Investors Service on Tuesday said that India continues to face fiscal challenges, despite lower deficit target in the...
New Delhi/Mumbai, July 5 (IANS) Petrol and diesel prices are set to increase from Friday midnight as Finance Minister Nirmala Sitharaman announced an additional special excise...
Another social media user shared the lines from an old song: "Achcha sila diya tune mere pyar ka".
New Delhi, July 5 (IANS) Finance and Corporate Affairs Minister Nirmala Sitharaman made her maiden Budget Speech on Friday and presented the Union Budget 2019-20 before...
Temptation to reset 'back to the past' should be eschewed.
New Delhi, July 2 (IANS) The Non-Banking Financial Company (NBFC) sector, which is amidst a liquidity crisis after a series of defaults by IL&FS, is in...
Mumbai, June 28 (IANS) The RBI on Thursday said PSU banks’ gross non-performing asset (GNPA) ratio may decline from 9.3 per cent in March, 2019 to...
New Delhi, June 24 (IANS) Ahead of the Union Budget on July 5, the Congress here on Monday said common investors were suffering due to the...
Mumbai, June 24 (IANS) RBI Deputy Governor Viral Acharya’s resignation on Monday did not surprise many. Market sources said it was expected, given his views on...
"Overall, there is clear evidence of economic activity losing traction, with the GDP growth in Q4 (fourth quarter) 2018-19 slowing down to 5.8 per cent,"
The council believed that Subramanian's paper had an institutional bias against the Central Statistical Office (CSO).
The liquidity crisis in the non-banking financial companies (NBFC) came to light when IL&FS defaulted on a commercial paper in September.
In a late evening notification, the Union Finance Ministry said that the decision was taken in public interest.
New Delhi, June 15 (IANS) Prime Minister Narendra Modi said on Saturday that the goal to make India a five-trillion-dollar economy is challenging but can be...
New Delhi, June 12 (IANS) Higher food prices accelerated India’s May retail inflation to 3.05 per cent from 2.99 per cent in April, official data showed...
New Delhi, June 11 (IANS) With charges of misappropriation swirling in the air, Indiabulls Housing Finance share price took a beating on Tuesday, closing at Rs...
Mumbai, June 11 (IANS) Refuting charges of misappropriation of around Rs 98,000 crore by its Chairman Sameer Gehlaut and other directors, Indiabulls Housing Finance late on...
New Delhi, June 9 (IANS) During his policy review last week, RBI Governor Shaktikanta Das denied having received any SFIO investigative report on IL&FS — “We...
The US withdrawal of Generalised System of Preferences (GSP) will have an “insignificant” impact on India’s exports, however, the move has caused anxiety over economic uncertainty...
With the elections resulting in a decisive mandate, the attention will now shift to policy — both fiscal and monetary — with the key aim of...
Islamabad, May 28 (IANS) Pakistan Stock Exchange (PSX) Chief Executive Officer Richard Morin has stepped down from his post and his resignation has been accepted by...
New Delhi, May 26 (IANS) Impacted by a consumption slowdown, India’s economy faces another peril, that of rising trade protectionism, which, along with tensions in the...
Mumbai, May 24 (IANS) India’s foreign exchange reserves declined by $2.057 billion during the week ended May 17, official data showed on Friday. According to the...
Mumbai, May 24 Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said...
New Delhi, May 21 (IANS) While the banking sector’s non-performing assets (NPAs or bad loans) are receding, the balance sheets of state-run banks, however, continue to...
New Delhi, May 18 (IANS) The Congress on Friday said that the Modi government will be shown the “exit door” by the people of India on...
Mumbai, May 15: After Tuesday’s advance, the key equity indices succumbed to selling pressure yet again as the Sensex shed over 200 points on Wednesday amid...
Mumbai, May 14: The Sensex snapped its nine-day long losing streak on Tuesday to end 227.71 points higher. Except for IT, stocks of all other sectors...
New Delhi, May 14: Lower prices of manufactured items and key transportation fuels eased India’s annual rate of inflation based on wholesale prices to 3.07 per...
New Delhi, May 13: Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on...
Mumbai, May 13: Falling for the ninth successive session on Monday, the key equity indices, Sensex and Nifty, declined over 1 per cent following massive volatility...
The Trump-driven trade war does not seem to relent. In the latest development, the US has raised tariffs on $200 billion worth of Chinese imports to...
New York, May 11 (IANS) The US dollar slightly weakened against its major rivals in late trading on Friday as market participants digested the newly-released consumer...
New Delhi, May 10 (IANS) India’s factory production shrunk in March 2019 by (-)0.1 per cent, the first contraction after June 2017, from a growth of...
Mumbai, May 10: The benchmark Sensex fell for the 8th straight session on Friday after witnessing a heavy volatility over a major escalation in the trade...
Mumbai, May 9: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE,...
New Delhi, May 9 (IANS) Congress leader P. Chidambaram on Wednesday alleged that the BJP-led government had tried to fool people that the GDP growth is...
Mumbai, May 8: Global trade tensions along with disappointing quarterly results suppressed the key Indian equity indices during Wednesday’s mid-afternoon trade session. The key indices –...
New Delhi, May 7 (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking...
Mumbai, May 7: Dragged by dismal corporate earnings, caution amid the ongoing polls and emergence of fresh US-China trade tension, the key equity indices fell nearly...
Mumbai, May 6: In line with global markets, Indian equities on Monday logged steep falls as US President Donald Trump threatened to impose fresh trade tariffs...
Mumbai, May 2: Taking a cue from global markets, the key Indian equity market indices on Thursday opened flat after the US Federal Reserve kept interest...
Mumbai, April 30 (IANS) Market regulator SEBI has directed the National Stock Exchange of India to disgorge Rs 624.89 crore in the co-location case. According to...
Mumbai, April 30: The key equity indices opened on a dull note on Tuesday taking cues from the Asian markets which fell after China reported a...
Narsinghpur (MP), April 29 (IANS) Punjab minister Navjot Singh Sidhu on Monday launched into a tirade against Prime Minister Narendra Modi saying if he became the...
New Delhi, April 26 (IANS) Terming cryptocurrencies as ponzi schemes, Anurag Agarwal, Joint Secretary in the Ministry of Corporate Affairs, on Friday said such virtual currencies...
Mumbai, April 26: The Sensex advanced 336 points on Friday as the Brent crude — the global oil benchmark — retreated to $72 a barrel. The...
Mumbai, April 25: Despite the muted trend in global markets, the key Indian equity market indices on Thursday opened higher ahead of F&O expiry. The Sensitive...
Mumbai, April 24: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Mumbai, April 23: Investors on Tuesday traded with caution anticipating a further rise in the international oil prices, and conclusion of the third and largest phase...
Mumbai, April 18: Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher as the second phase of the...
Mumbai, April 16: Major Indian indices — Sensex and Nifty — closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets...
Mumbai, April 15: Signs of easing US-China trade tension and expectation of cooling inflation following Met department’s forecast of near-normal monsoon aided the benchmark Sensex to...
New Delhi, April 12: Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended...
Mumbai, April 11: Key equity indices closed on a flat note on Thursday over concerns of global growth after the International Monetary Fund cut the global...
Mumbai, April 10: Indian equities fell sharply on Wednesday after the International Monetary Fund (IMF) revised down the global growth forecast fuelling fears of a global...
Mumbai, April 9: The benchmark Sensex closed 238 points higher on Tuesday despite the crude oil prices hitting a five month high. A sudden buying interest...
Mumbai, April 8: Weak global cues over the delay in Brexit deal, uncertainty around the US-China trade tension along with rising crude oil prices dented investor...
Mumbai, April 5: Positive global cues owing to an easing of US-China trade tension pushed the Sensex and Nifty nearly 0.50 per cent higher on Friday...
The suit-boot-loot Modi government bails out select crony companies but has left the largest public sector telecom company BSNL and its sister company MTNL in dire...
Mumbai, April 4: Key Indian equity indices fell on Thursday as the Reserve Bank of India (RBI) lowered the country’s growth projection for 2019-20 to 7.2...
Mumbai, April 3: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Mumbai, April 2 (IANS) The benchmark Sensex finished at an all-time closing high on Tuesday led by gain in the auto, IT and banking stocks. Sentiments...
Mumbai, April 1: The benchmark Sensex closed slightly below the 39,000-mark — after hitting an all-time high on the first day of the FY19-20’s trade —...
New Delhi, March 30 (IANS) Accusing Prime Minister Narendra Modi of “monumental mismanagement” of the economy, the Congress on Saturday said his “reckless decisions”, including that...
New Delhi, March 29 (IANS) India’s budgetary fiscal deficit for April-February 2018-19 period reached 134.2 per cent or Rs 8.51 lakh crore of the target at...
New Delhi, March 28 (IANS) The Finance Ministry is making a last-ditch effort to get close to the direct tax target of Rs 12 lakh crore,...
Mumbai, March 22 (IANS) Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous...
Mumbai, March 18: The benchmark Sensex jumped over 300 points higher, while the Nifty crossed the 10,500 mark during the morning trade session on Monday. Sentiments...
Mumbai, March 15: The key Indian equity indices opened on a positive note on Friday with the BSE Sensex gaining over 200 points, taking cues from...
New Delhi, March 14: India’s annual rate of inflation based on wholesale prices rose to 2.93 per cent in February from 2.74 per cent reported for...
Mumbai, March 14: Despite muted trends in Asian markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE,...
Mumbai, March 13: Sensex and Nifty ended higher on Wednesday despite weak global cues from a fresh wave of political scepticism originating from the UK over...
New Delhi, March 12: The growth rate of India’s factory production slowed massively in January 2019 to 1.7 per cent, from 7.5 per cent reported for...
New Delhi, March 12: Lower food prices halved India’s retail inflation in February 2019 to 2.57 per cent, from 4.44 per cent during the corresponding month...
Mumbai, March 12: Expectations of a stable government post the general elections along with a strong foreign fund inflow pushed the key Indian equity indices over...
Mumbai, March 11: Markets rallied on Monday following the announcement of Lok Sabha election schedule and a largely positive global markets. Sensex and Nifty surged over...
In this national election year, the concept of a universal basic income has become a political football. The opposition Congress Party is promising to implement a...
Mumbai, March 8: Amid weak global cues, the Indian equity indices ended with marginal losses on Friday after trading in a range for a major part...
Mumbai, March 7: Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the...
Mumbai, March 6: A sharp fall in crude oil prices along with continuous foreign fund inflows helped the major indices — Sensex and Nifty — to...
Mumbai, March 5: Attractive valuations and ease in Indo-Pak tensions as well as strong gains in the Indian rupee helped the benchmark Sensex gain 379 points,...
New Delhi, Feb 28 (IANS) India is estimated to grow at a slower pace of 7 per cent in 2018-19, down from the 7.2 per cent...
Mumbai, Feb 28: The benchmark Sensex closed 38 points lower on Thursday, while the Nifty finished below the 10,800-mark amid monthly derivative expiry and caution ahead...
Mumbai, Feb 27: The Sensex and the Nifty finished in the red after rising during the early trading on Wednesday. The S&P BSE Sensex ended the...
New Delhi, Feb 26 (IANS) India’s budgetary fiscal deficit for April-January at Rs 7.70 lakh crore has touched 121.5 per cent of the budgeted target of...
New Delhi, Feb 25 : Foreign direct investment (FDI) into India in April-December 2018 declined by 7 per cent to $33.5 billion over $36 billion received...
New Delhi, Feb 23: The per capita income of Delhi at current prices during 2018-19 fiscal year was estimated at Rs 3,65,529 – about three times...
Mumbai, Feb 22: High crude oil prices and fears of a rise in core inflation subdued the key Indian equity indices on Friday. According to market...
Mumbai, Feb 19: Major indices Sensex and Nifty fell for the ninth consecutive trade session on Tuesday after heavy selling in the final hour of the...
Mumbai, Feb 17 (IANS) In a choppy week’s trade, the Indian currency weakened against the US dollar to close above the 71 a dollar mark on...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
This is as compared to 67.4 per cent of budget estimates received in the same period of 2017-18.
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...
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...
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...
Fiscal deficit target pegged at 3.4% of GDP in 2019-20
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
