India and Russia are the only two BRICS nations which have witnessed a decline in retail inflation in April, OECD said today.
BRICS nations like Brazil, South Africa and China
Interest-rate sensitive realty, banking and auto stocks witnessed heavy selling pressure today, falling up to 8 per cent, after the RBI hinted that there may not be any more cuts
Rejecting suggestions that RBI's rate cut today was to please the government, Governor Raghuram Rajan said there was a mis-impression that the Reserve Bank wanted to keep rates high to
Current account deficit is estimated to be around 1. 5 per cent of the GDP in the current fiscal helped by sharp fall in oil prices even as gold
Monsoon in the country this year is expected to be "deficient", the Met department has projected while revising its forecast from "below normal" which is likely to trigger fears of
The Reserve Bank today lowered the economic growth forecast for the current fiscal to 7. 6 per cent from 7
Doing some plain-speaking, Governor Raghuram Rajan today said RBI is not a 'cheerleader' and he may have "erred a bit" in lowering the policy rate to push investments as growth
Government should put in place a "contingency plan" to deal with the possibility of a below normal monsoon and its impact on foodgrain production and prices, the Reserve Bank said
Finance minister Arun Jaitley today made a case for greater use of plastic currency even as he stressed that development of new facilities at Hoshangabad and Mysore would help in
Power generation machinery maker BHEL has bagged its largest order amounting to Rs 17,950 crore from Telangana State Power Generation Corp (TSGENCO) to set up a 4,000 MW plant at
‘53rd at Third’ is a 34 storey building located in Manhattan. However, it is better known by another name — Lipstick building.
- National pharmaceutical policy to be out soon
The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.
- India, Pak agree to inspect water projects
India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,
- WTO deal still elusive
The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.
- Foreign shippers seek level-playing field
Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old
- Plea to extend crop insurance
Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.
- Healthcare needs Rs 3,70,000cr
India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.
- Sugar price may go up
Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.
- NMCE starts new series in metals
NMCE will start new series for future contracts in non-ferrous metals from August 1.
- Do call register
The Supreme Court has suggested introduction of a new ‘do call register’ facility to curb the telemarketing menace.