Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Tue, Jun 18, 2019
It will allow the customers to effectively capitalize on market opportunities
Sun, Jun 16, 2019
Saudi Arabia`s crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.
Fri, Jun 14, 2019
Cumulatively, exports in April-May 2019-20 was up by 2.37 per cent to USD 56 billion.
Thu, Jun 13, 2019
The office of the U.S. Trade Representative (USTR) rejected requests to exempt the Model 3 car computer and center screen in May 29 letters, saying they both concern "a product strategically important or related to `Made in China 2025,` or other Chinese industrial programs."
Turkish President Recep Tayyip Erdogan has said that he would discuss Ankara`s purchase of the Russian S-400 missile defence system with his US counterpart Donald Trump at the upcoming G20 summit in Japan later this month.
The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India.
Wed, Jun 12, 2019
Trade tensions between the United States and China, the world`s two biggest oil consumers, also weighed on prices. U.S. President Donald Trump said he was holding up a trade deal with China.
After retaining power at the Centre, PM Narendra Modi led government is set to present Union Budget 2019 on July 5 and preparations for the same have begun with Finance Minister Nirmala Sitharaman recently holding a meeting with stakeholders.
Sun, Jun 09, 2019
So, fit candidates for acquisition of small lenders would be Punjab National Bank, Canara Bank, Bank of India and Union Bank of India with some capital support, the sources added.
Sat, Jun 08, 2019
"Only thing is that now banks have more delegation (power) and there will be board level resolution policy and the discretion on whether you would like to take it (the case) to insolvency and bankruptcy proceedings or like to settle it outside that... (now) that decision is with the banks," he said.
Thu, Jun 06, 2019
While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term. He added, “We have already announced the formation of a separate cadre for regulation and supervision of banks and financial institutions and this is a major decision that has been taken to strengthen our regulations”.
French tyre major Michelin is pinning hopes on infrastructure development in India to further scale up its business in the country, according to a top company official.
Mon, Jun 03, 2019
The man set to become Finland`s first left-leaning prime minister in 20 years announced plans on Monday for a big public spending increase on welfare and infrastructure, paid for by tax hikes, sales of state assets and a boost in employment.
"The Monetary Policy Committee (MPC) will meet during June 3, 4 and 6, 2019 for the second bi-monthly Monetary Policy Statement for 2019-20. The resolution of the MPC will be placed on the website at 11.45 AM on June 6, 2019," the RBI said Monday.
Sun, Jun 02, 2019
"The total gross GST revenue collected in the month of May, 2019 is Rs 1,00,289 crore of which CGST is Rs 17,811 crore, SGST is Rs 24,462 crore, IGST is Rs 49,891 crore and Cess is Rs 8,125 crore," Finance Ministry said in a statement.
Fri, May 31, 2019
This will be the first policy meet of the central bank after the Lok Sabha elections 2019. "Close on the heels of the GDP outcome, the RBI policy committee will decide on rates on June 6. We look for a 25 basis points cut in the repo rate to 5.75 per cent, taking cumulative cuts in 2019 to 75 basis points," the DBS Research report said.
The median growth forecast for agriculture and allied activities was pegged at 3 per cent for FY20, while industry and services sectors are expected to grow by 6.9 per cent and 8 per cent, respectively, during the year.
Thu, May 30, 2019
It is the country`s first annual budget focused on wellbeing and is also the first by a Western country to be designed to measure living standards alongside traditional economic indicators.
Union Budget 2019 is set to be presented in July, little over a month after the new government takes charge, sources confirmed to Zee Business TV. The newly elected government is set to take oath on Thursday evening at 7 pm with Narendra Modi returning as prime minister for another five years.
Tue, May 28, 2019
The recent slowdown in the economy stem not only from slow investment growth and subdued exports but also from weakening growth in consumption demand, industry body Ficci has told the Finance Ministry.
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