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Updated: 40 min 11 sec ago

Moody's cuts India's 2019 GDP growth forecast to 5.6% amid employment woes

Fri, 12/13/2019 - 21:20
It expects economic growth to pick up in 2020 and 2021 to 6.6% and 6.7% respectively

India's exports fall for 4th straight month, imports for 6th, in November

Fri, 12/13/2019 - 21:15
Key export sectors such as leather, gems and jewellery, ready-made garments, and petroleum posted negative growth

High-end phone smuggling is costing govt exchequer Rs 2,400 annually

Fri, 12/13/2019 - 20:51
As a result of this rampant smuggling, the government loses Rs 2,400 crore annually

Sebi denies relief to lenders for flouting regulations in Karvy case

Fri, 12/13/2019 - 20:42
The circular "directly concerned the business activity" of the lenders

Ceiling prices of 21 key medicines raised by 50%; NPPA invokes DPCO 2013

Fri, 12/13/2019 - 20:25
The prices of APIs have gone up in the range of 5-88%

US-China trade deal hopes propel markets, Sensex reclaims 41,000-mark

Fri, 12/13/2019 - 19:54
Barring one, all the 19 sector sub-indices compiled by the BSE gained

Capex boost of Rs 98,000 cr by big PSUs to spur economy: FM Sitharaman

Fri, 12/13/2019 - 19:34
Economic growth rate fell to over six-year low of 4.5% in the second quarter of 2019-20

PMO, FinMin to hold Budget 2020 meetings to discuss ideas to boost economy

Fri, 12/13/2019 - 19:16
Besides the scheduled meetings, the sources said, the PMO is expected to hold several meetings with top secretaries, officials on various ongoing schemes

IT parliamentary panel meets experts to discuss data security, privacy

Fri, 12/13/2019 - 19:09
It is learnt that the next meeting could be held in January, after which a report will be submitted

Adani Power looks to refinance existing loans to reduce cost of debt

Fri, 12/13/2019 - 19:09
Adani Power expects to reduce its annual interest cost to Rs 1,900 crore through low-cost funding

Indian airlines set for $600-million loss in FY20, says CAPA report

Fri, 12/13/2019 - 19:05
CAPA estimates Air India to post a loss of $500 million this year, due to the grounding of over 20 aircraft

K Madhavan is Star-Disney India head, Uday Shankar to oversee Hotstar

Fri, 12/13/2019 - 18:37
Both Gupta and Mohan have worked on the Hotstar business while at Star

ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition

Fri, 12/13/2019 - 17:47
After the payment to the lenders, this will be the single-biggest recovery under the IBC

Gold dealers sell at discount over poor wedding demand, ample supply

Fri, 12/13/2019 - 17:18
The Chinese festival is also expected to improve demand in Singapore, with many retailers offering promotions for bullion, Silver Bullion sales manager Vincent Tie said.

US, China reach phase one trade deal; covers tariff relief, agri purchases

Fri, 12/13/2019 - 17:16
US President Donald Trump had launched the trade war with China last year demanding Beijing to reduce massive trade deficit.

Ujjivan SFB shares drop nearly 7% on profit-booking after stellar debut

Fri, 12/13/2019 - 16:49
On the National Stock Exchange (NSE), it plunged 6% to close at Rs 52.55

US House Panel approves Trump charges, sets up vote to impeach president

Fri, 12/13/2019 - 15:52
Democrats and Republicans in the House Judiciary Committee voted along strict party lines

Govt launches 7th economic census in Delhi, process to take three months

Fri, 12/13/2019 - 15:16
The national economic census is conducted every five years and is crucial for framing of policies and planning for the government and other organisations.

Forex reserves soar $2.3 bn to touch all-time high of $453 bn: RBI data

Fri, 12/13/2019 - 14:53
During the reporting week, gold reserves increased by $ 430 million to $ 27.078 billion

Cash woes at India shadow lenders may lead to more bad debt at banks

Fri, 12/13/2019 - 13:57
Banks and non-bank firms are in a feedback loop, especially through exposures to the real estate sector, which is under "significant stress," Moody's said

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