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India, Russia witness decline in inflation among BRICS: OECD

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 stocks dip post RBI policy

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

We are not here to kill the economy, says Rajan

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

RBI estimates current account deficit at 1.5 pc in FY16

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 expected to be 'deficient'

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

RBI lowers GDP growth forecast to 7.6% for FY16

The Reserve Bank today lowered the economic growth forecast for the current fiscal to 7. 6 per cent from 7

RBI not a cheerleader for markets: Rajan

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

RBI for contingency plan to deal with impact of poor monsoon

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

Need to move towards plastic currency: Jaitley

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

BHEL bags its largest order worth Rs 18,000 cr in Telangana

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
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    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
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    India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,

  • WTO deal still elusive
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    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
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    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.


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