- Sep 01, 2015 14:38 IST
Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed on Tuesday, adding to the clamour for interest rate cut by RBI.
- Sep 01, 2015 13:11 IST
ATF or jet fuel price was slashed by a steep 11.7% on Tuesday, while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder in line with dip in international prices.
- Sep 01, 2015 12:10 IST
Gold prices rose by Rs 175 to Rs 26,857 per 10 gram in futures trade after speculators widened positions amid a better trend overseas.
- Sep 01, 2015 09:44 IST
Indian market lost ground on Tuesday again as the benchmark BSE Sensex plummeted 587 points to close at over one-year low of 25,696.44 on intensified selling triggered by weak domestic and global macroeconomic data.
- Sep 01, 2015 10:08 IST
The rupee recovered by 10 paise to 66.38 against the US dollar in early trade Tuesday on increased selling of the American currency by exporters.
- Sep 01, 2015 09:06 IST
If the preferred yardstick is growth in gross value-added, growth has perked up sharply from 6.1% in Jan-Mar to 7.1% in the April-June quarter.
- Aug 31, 2015 17:55 IST
India's economic growth slowed to 7% in the three months through June from 7.5% in the previous quarter, government data showed on Monday.
- Aug 31, 2015 19:04 IST
Petrol price was cut by Rs 2 per litre and diesel by 50 paise on Monday evening, the third reduction in rates this month following global cues.
- Aug 31, 2015 23:45 IST
Pushing for an interest rate cut, Finance Minister Arun Jaitley said on Monday that inflation is under control and that oil and commodity prices are also low, while expressing hope that the Reserve Bank of India (RBI) would consider all of these factors in its monetary policy review.
- Aug 31, 2015 23:44 IST
The Reserve Bank of India on Monday listed India’s largest lender State Bank of India and ICICI Bank, the country’s largest private sector bank, as India’s two domestic systemically important banks (D-SIBs).
- Aug 31, 2015 18:07 IST
Infrastructure sector growth slowed to 3-month low of 1.1% in July as output of crude oil, natural gas and steel contracted, making a case for a further rate cut by the Reserve Bank.
- Aug 31, 2015 19:03 IST
Chinese stocks sank again on Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world's financial markets.
- Aug 31, 2015 20:13 IST
Chairman emeritus of Tata Sons, Ratan Tata, has invested in Infinite Analytics, a predictive technology firm. He has been aggressively investing in startups, ranging from eCommerce firms to cab aggregators, like Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Xiaomi and Ola.
- Aug 31, 2015 23:49 IST
India made a strong pitch for a sovereign ratings upgrade to Standard and Poor’s (S&P), on a day when latest national income data showed that gross domestic product (GDP) growth has slowed to 7% in April-June from 7.5% in the previous quarter, dragged down weak growth in most sectors.
- Aug 31, 2015 20:37 IST
India and China are among the first countries to have shown interest in borrowing money for environment-friendly infrastructure projects from the newly formed development bank initiated by the BRICS (Brazil, Russia, India, China, South Africa), the bank’s president, KV Kamath has said.