FinMin sees growth near 9 % in 07/08
Finance Minister P Chidambaram sees GDP growth close to 9 per cent in 2007-08, after an official estimate put growth at 8.7 per cent.
By HT Correspondent | Reuters, New Delhi
UPDATED ON FEB 07, 2008 06:15 PM IST
Finance Minister Palaniappan Chidambaram said on Thursday he saw gross domestic product growing close to 9 per cent in 2007/08, after a statistics office estimate put growth at 8.7 per cent for the year.
Chidambaram said he hoped the statistics office figure would be revised upwards.
"There is some disappointment, but I am not too despondent. I am reasonably confident these numbers can only move upwards," he told reporters.
After a blip, oil shows gains as focus returns to tightening market
Bloomberg
PUBLISHED ON MAR 09, 2021 08:55 AM IST
Futures in New York rose toward $66 a barrel after slipping Monday for the first time in four days.
Air India staff’s takeover plan fails to make the cut
By Kalpana Pathak, Rhik Kundu, Mumbai/new Delhi
PUBLISHED ON MAR 09, 2021 06:06 AM IST
- Meenakshi Mallik, the airline’s commercial director who spearheaded the ambitious attempt to take over the state-run carrier, said in a three-page letter to employees that the consortium was not shortlisted.
Oil flirting with $70 challenges world’s economic recovery
Bloomberg
PUBLISHED ON MAR 09, 2021 06:02 AM IST
While prices have since pulled back, the impact on inflation and the overall global recovery depends on how sustained the underlying rally proves to be.
Vedanta, others vie for Shipping Corp
By Utpal Bhaskar, New Delhi
PUBLISHED ON MAR 09, 2021 06:01 AM IST
- With 59 vessels and 3,281 staff, SCI is the largest Indian shipping company in terms of capacity
China rakes up India’s ban on apps, FDI curbs at WTO
By Asit Ranjan Mishra, New Delhi
PUBLISHED ON MAR 09, 2021 05:57 AM IST
- China said it acknowledges India’s efforts to enhance competitiveness in manufacturing and services sectors through ‘Make In India’ and ‘Digital India’ initiatives but remains concerned that some of the measures are not consistent with WTO principles.
Petrol, diesel prices likely to inch higher as Brent hits $70
By Kalpana Pathak, Mumbai
PUBLISHED ON MAR 09, 2021 05:52 AM IST
- Rallying crude may also complicate the Reserve Bank’s plan to tame inflationary pressures and spur economic growth
Record GST collections expected in March, set to hit ₹1.30 lakh crore
By Rajeev Jayaswal, New Delhi
UPDATED ON MAR 09, 2021 05:37 AM IST
- The revenue in March may cross the record Rs.1,19,875 crore collected in January by at least Rs.10,000 crore.
Uber to impart gender sensitisation to one lakh drivers by 2021-end
PTI, New Delhi
PUBLISHED ON MAR 08, 2021 07:41 PM IST
"After a brief halt in sessions due to Covid-19, Uber India and the Manas Foundation will now be delivering them virtually over Zoom in 34 cities," a statement said.
India's domestic air traffic falls 37% to 78 lakh passengers in Feb: Report
PTI, Mumbai
PUBLISHED ON MAR 08, 2021 07:35 PM IST
Similarly, 1.23 crore people travelled on local routes in February 2020 as against 78 lakh passenger in February this year.
American Airlines to offer $5 billion in notes to repay government debt
Posted by Harshit Sabarwal | Reuters
PUBLISHED ON MAR 08, 2021 07:19 PM IST
The US airline will use the proceeds to repay outstanding debt under the loan with the US Department of the Treasury and for other purposes.
Brazil's Petrobras receives six board nominations from government
Posted by Harshit Sabarwal | Reuters
PUBLISHED ON MAR 08, 2021 06:04 PM IST
Five have been nominated by the Ministry of Mines and Energy and one by the Economy Ministry, Petroleo Brasileiro SA , as the company is formally known, said in a securities filing.
Sensex closes 35 points higher at 50,441, Nifty rises by 18 pts to end at 14,956
PTI, Mumbai
UPDATED ON MAR 08, 2021 06:11 PM IST
- After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07 per cent higher at 50,441.07.
Easy Trip Planners IPO opens: Here's all you need to know about the issue
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 03:28 PM IST
Here is all you need to know about the offer.
Key Saudi Arabian oil site attacked, sending brent above $70
Bloomberg
UPDATED ON MAR 08, 2021 02:38 PM IST
The attacks on Sunday were intercepted, Saudi Arabia said, and oil output appeared to be unaffected. But the latest in a spate of assaults claimed by Iran-backed Houthi rebels pushed oil prices to above $70 a barrel for the first time since January 2020.
Bitcoin on your balance sheet? Here's what you need to know
Reuters, London/new York
PUBLISHED ON MAR 08, 2021 12:20 PM IST
Here are some of the key questions over cryptocurrency bookkeeping and tax.