Gold prices gain Rs 52, silver jumps Rs 190
Gold prices rose Rs 52 to Rs 41,508 per 10 grams in the national capital on Monday helped by strong global cues, according to HDFC Securities. In the...
GDP will reach new heights: NITI Aayog official
The country's economy would grow in the next few years and the GDP would reach a commendable position, a senior official in NITI Aayog said. "The Ind...
Laid foundation for USD 5 trillion economy in budget: Minister
Union Finance Minister Nirmala Sitharaman said the Centre, in the Budget, has laid the foundation of increasing consumption while ensuring that the g...
SBI cuts MCLR by 5 bps across tenors
Country's largest lender, State Bank of India (SBI) announced a 5 basis points reduction in its MCLR across tenors, effective February 10.
This is th...
RBI estimates GDP to expand at 6% in FY21
The Reserve Bank of India projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth...
Fundamentals of Indian economy strong, says PM
Prime Minister Narendra Modi said the fundamentals of the Indian economy were strong and had inherent capability for higher growth rates. Replying to...
RBI keeps repo rate unchanged at 5.15%
The Reserve Bank of India, for the second straight time kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy sta...
New tax structure gives option to save tax: Revenue Secretary
The new lower income tax rates offered in the Budget 2020-21 will leave more cash in the hands of those who do not wish to make compulsory investment...
Sensex recovers 137 pts, Nifty reclaims 11,700 level
Equities benchmark BSE Sensex ended 137 points higher on Monday led by gains in HUL, ICICI Bank and Asian Paints amid broad-based buying in the marke...
Govt nets Rs 1.1 lakh cr from GST in Jan
Goods and services tax (GST) collection has crossed the Rs 1 lakh crore-mark for the third month in a row in January on the back of anti-evasion step...
Address rising food bill, revisit PDS rates: Survey
There is a need to address the rising food subsidy bill, and the government needs to 'revisit' the subsidised rates at which foodgrains are distribut...
Sensex drops 190 pts; Nifty ends below 12,000
Market benchmark Sensex fell 190 points and the Nifty slumped below the 12,000 level on Friday after the Economic Survey suggested relaxing fiscal de...
Economic Survey projects GDP growth at 6-6.5% in FY21
The Economic Survey projected India's economic growth at 6 per cent to 6.5 per cent in the next financial year starting April 1, saying growth has bo...
Sensex trips 285 pts on F&O expiry
Market benchmark Sensex tumbled 285 points on Thursday, weighed by heavy selling in Reliance Industries, HDFC Bank and Infosys as January derivatives...
Sensex sheds 188 pts
Benchmark Sensex dropped another 188 points on Tuesday in line with weak global sentiment triggered by the rapidly-spreading coronavirus. After gyrat...
Extraordinary growth potential in U.S-India defence trade: Boeing official
India offers growth and productivity opportunities for the global aerospace industry and there is extraordinary potential for the defence trade and p...
Gold climbs Rs 133, silver prices jump Rs 238
Gold prices climbed by Rs 133 to Rs 41,292 per 10 gram in the national capital on Monday on weaker rupee, according to HDFC Securities. The yellow me...
WEF meeting ends with hopes for better, cleaner economy
Global leaders expressed hope for better economic growth with lesser trade tensions and a safer planet with commitments to work in areas like climate...
WEF forms consortium for digital currency governance
The World Economic Forum announced the first global consortium focused on designing a framework for the governance of digital currencies, including s...
Growth slowdown in India temporary: IMF chief
IMF chief Kristalina Georgieva said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead. Speaking in...
