Fitch raises India's FY21 GDP forecast to (-) 9.4%
New Delhi: Global credit rating agency Fitch on Tuesday raised its FY21 GDP growth forecast for India by predicting a narrower economic contraction of...
Rupee surges 11 paise to 73.49 against US dollar in early trade
Mumbai: The rupee strengthened by 11 paise to 73.49 against the US dollar in opening trade on Wednesday, supported by foreign portfolio flows and stro...
Sensex rallies 300 points to hit fresh high in early trade
Mumbai: Equity benchmark Sensex surged 300 points to touch its fresh lifetime peak in early trade on Wednesday tracking gains in index majors Reliance...
Rupee rises 10 paise against US dollar
Mumbai: The rupee appreciated by 10 paise to 73.80 against the US dollar in the opening session on Tuesday as sustained foreign fund inflows and stron...
Sensex jumps over 150 points in early trade
Mumbai: Equity benchmark Sensex jumped over 150 points to touch its fresh lifetime peak in early trade on Tuesday tracking gains in index majors Infos...
Jio to launch 5G services in second half of 2021: Mukesh Ambani
New Delhi: Reliance Jio has plans to launch 5G services in the second half of 2021, Reliance Industries Chairman Mukesh Ambani said on Tuesday.Speakin...
Petrol, diesel prices rise for sixth straight day
New Delhi: Petrol and diesel prices rose for the sixth day in a row on Monday as rates went up by 26-30 paise per litre.Petrol price was hiked by 30 p...
Sensex, Nifty hit fresh lifetime highs in opening session
Mumbai: Equity benchmark Sensex jumped over 150 points and Nifty crossed the 13,300 level to touch their fresh lifetime peaks in early trade on Monday...
Petrol price at 2-year high of Rs.83 per litre, diesel at 73.32
New Delhi: Petrol price on Saturday breached the Rs 83 per litre-mark in Delhi for the first time in more than two years after a rally in internationa...
RBI advises banks not to make any dividend payouts from profits pertaining to the FY ended March 2020
The Reserve Bank has advised banks not to make any dividend payouts from profits pertaining to the financial year ended March 2020.In a statement, RBI...
Reserve Bank keeps repo rate unchanged at 4%
The RBI Governor Shaktikanta Das today said that the Monetary Policy Committee has unanimously decided to leave the policy repo rate unchanged at 4 pe...
RBI projects 6.8 pc retail inflation in December quarter
Mumbai: The Reserve Bank of India on Friday said retail inflation is likely to remain elevated and pegged it at 6.8 per cent for the third quarter of ...
RBI expects positive growth in second half of 2020-21
Mumbai: Reserve Bank of India (RBI) on Friday said it expects the economy to record positive growth in the second half of the current financial year.T...
Sensex jumps over 200 points ahead of RBI policy outcome
Mumbai: Equity benchmark Sensex jumped over 200 points in early trade on Friday tracking gains in index majors HDFC Bank, L&T and ICICI Bank ahead...
Sensex rallies over 300 points to scale fresh intra-day peak
Mumbai: Equity benchmark Sensex rallied over 300 points in early trade to hit its fresh intra-day record on Thursday tracking gains in index majors HD...
Maruti Suzuki sales increase 1.7 pc to 1,53,223 units in Nov
New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 1.7 per cent increase in sales to 1,53,223 units in November...
Rupee opens on flat note against US dollar
Mumbai: The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Thursday.At the interbank forex ...
GDP contracts by minus 7.5% in Q2 after contraction of minus 23.9% in Q1
The GDP growth numbers naturally went down, given the disruption due to the pandemic. However, GDP for second quarter of Financial Year 2020 contracte...
Rupee rises 25 paise against US dollar
Mumbai: The rupee appreciated by 25 paise to 73.43 against the US dollar in the opening session on Wednesday on sustained foreign fund inflows and wea...
Nissan launches B-SUV Magnite in India
Nissan Motor Corp unveiled its all-new Nissan Magnite in the B-SUV (below compact SUV) segment. The car has been launched at an introductory price of ...
Sensex drops by 60 points in early trade
Mumbai: Equity benchmark Sensex dropped by 60 points in opening trade on Wednesday due to selling in financial, IT and energy stocks as investors book...
GST collections over Rs.1 lakh crore for second consecutive month
Finance Ministry has said that Revenue from the Goods and Services Tax(GST) exceeded One Lakh Crore Rupees for the second consecutive month. The ...
Sensex rises over 120 points in early trade
Mumbai: Equity benchmark Sensex climbed over 120 points in opening trade on Tuesday, as better than expected GDP data strengthened market sentiment am...
Apple to open second retail store in South Korea
Seoul: Apple on Monday said it will open a new store in South Korea, expanding its presence in the country dominated by local tech giant Samsung Elect...
Finance Minister holds 5th review meeting on CAPEX of CPSEs
Finance Minister Nirmala Sitharaman yesterday held a Video Conference with Secretaries of the Ministries of Power, Mines and Department of...
GDP Estimates of 2nd quarter more encouraging than anticipated: Chief Economic Advisor
Chief Economic Advisor K V Subramanian yesterday said that India's Gross Domestic Product of the second quarter of 2020-21 is quite encour...
Sensex, Nifty start on tepid note amid weak global cues
Mumbai: Equity benchmarks Sensex and Nifty opened on a tepid note on Friday, tracking subdued cues from global markets.The 30-share BSE index was trad...
Economic recovery in country is stronger than expected: RBI Governor
Reserve Bank Governor Shaktikanta Das has said that the Indian economy exhibited a stronger than expected pickup in recovery after the first quarter o...
Rupee rises 7 paise against US dollar
Mumbai: The rupee appreciated 7 paise to 73.84 against the US dollar in the opening session on Thursday on sustained foreign fund inflows and weak Ame...
Kerala and West Bengal choose Option-I to meet GST implementation shortfall
Kerala and West Bengal have communicated their acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of s...
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