Prime Minister Narendra Modi
Prime Minister Narendra Modi had launched the scheme, along with two other gold related schemes; the gold monetisation scheme aimed at unlocking 20,000 tonnes, or $800 billion worth of gold lying idle in households and temples; and the national gold coin minted in India with the Ashok Chakra engraved on one side and Mahatma Gandhi on the other side.
Gold bonds gather less than 1 per cent of total spend in four years
10 Dec 2019 1:56 AM

After 33 tranches in four years, just about 28.6 tonnes of gold has been bought by investors through the SGB scheme.

Anil Ambani
Reliance Naval surges 700 per cent in record streak
27 Nov 2019 1:32 AM

Brokers say the stock’s parabolic advance is likely driven by speculators, rather than by a change in the company’s fortunes.

he All-India Kisan Sangharsh Coordination Committee, an umbrella organization of about 250 farmers unions from across the country, said that they will burn effigies depicting the China-backed Regional Comprehensive Economic Partnership or RCEP, to mark their protest and warn the government.
Farmers plan nationwide stir against RCEP
01 Nov 2019 2:25 AM

It is not clear yet what terms India will agree to in order to join what could become the world’s largest trade deal.

The move to maintain the borrowing plan will be seen as a positive for bonds, which have declined in six of the past eight weeks, after a cut in corporate tax rates stoked concerns a shortfall in revenue will be met through higher debt sales.
Government to maintain borrowing plan after lowering tax
25 Sep 2019 2:07 AM

The new borrowing schedule will be announced on September 30: Officials.

The market logged the biggest single-day jump in a decade with the Sensex surging 1921 points, or 5.3 per cent, to 38014.62 and the Nifty gaining 569 points, or 5.3 per cent, to 11274.20.
Market turns bullish on tax cut, Sensex vaults 1921 pts
21 Sep 2019 1:11 AM

Biggest single-day jump in a decade, m-cap up Rs 7 lakh crore.

Saudi Aramco is targeting refining deals in India, while Russia’s Rosneft PJSC has already invested in oil refining and fuel marketing.
Government may sell stake in BPCL to a global major
14 Sep 2019 1:23 AM

Centre keen to bring in competition in fuel retailing.

The nation’s exports totalled $330 billion in the year ended March, in comparison to China’s $2.6 trillion in 2018. (Representational image)
$1 trillion exports a daunting target
13 Sep 2019 1:57 AM

Prime Minister Narendra Modi has pledged to grow India to a $5-trillion economy by 2024.

Sales of rupee bonds rated below AAA have halved so far this year to Rs 699 billion ($9.7 billion) as a wave of debt defaults and a funding crunch in the shadow banking sector make investors reluctant to buy riskier notes.
Debt crisis hurts corp bond market
12 Sep 2019 1:37 AM

The slowest growth in India's economy since 2013 also makes it harder for companies seeking funds.

Prime Minister Narendra Modi
Central nod awaited on top insurance vacancies
11 Sep 2019 1:51 AM

The final decision on the appointments rests on the ACC.

The main source of tension is between India and China over the amount of goods with preferential tariffs, according to a person familiar with the negotiations. The person said India was also unhappy with the position of Southeast Asian countries on the free movement of professionals, particularly in the IT sector, and is weighing whether to be part of the deal at all.
India-China spat delays RCEP deal
11 Sep 2019 1:50 AM

The talks include the 10-member Association of Southeast Asian Nations, Japan, South Korea, Australia, New Zealand, India and China.


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