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Joe C Mathew
New Delhi, August 17, 2017
India's economic growth prospects in 2017/18 are likely to be less robust than what was anticipated six months ago, says the second volume of Economic Survey 2016/17, tabled in Parliament today.
Tejas Khoday
August 16, 2017
Each IPO should be judged on a case by case basis although recent trends suggest that investors' appetite for them will continue since performance has been exceptional. Almost all companies that went public since 2016 are trading significantly above their IPO listing prices. If the Qualified Institutional Buyers (QIB) portion of public issue continues to be oversubscribed, then the returns could be attractive in the future.
Reuters
New Delhi, August 15, 2017
The new estimate of USD 25 billion for a three-year extension of the flagship health programme, down from an initial figure of about USD 33 billion, comes as Prime Minister Narendra Modi pushes a multi-pronged agenda to revamp health services.
PTI
New Delhi, August 11, 2017
It now expects the domestic currency to average 64.3 this fiscal and 65.4 in 2018-19, (as against previous estimates of 65.4 and 67.6 respectively). "Based on global/local macro and analysis of India's external vulnerability, we expect the rupee to remain range-bound (62-66) over the next few months and average 64.3 in 2017-18 and 65.4 in 2018-19," UBS said in a research note.
PTI
August 9, 2017
Homegrown auto major Tata Motors today reported 41.54 per cent jump in net profit to Rs 3,199.93 crore for the June quarter of the current fiscal, benefiting from one-time gain relating to changes made to JLR pension plans.
Mahesh Nayak
August 9, 2017
Suresh Soni, Chief Executive at DHFL Pramerica Mutual Fund, is a passive investor who puts money in index funds without worrying whether the markets are going up or down.
BT Online
New Delhi, August 8, 2017
The film has turn out to be Shah Rukh Khan's lowest opener at the box office in five years.
BT Online
New Delhi, August 6, 2017
On the second day of its release, the movie did not show much growth, earning Rs 16.50 crore.
BT Online
New Delhi, August 5, 2017
The film has reportedly collected around just Rs 15 crore on its first day despite the hype.
BT Online
August 2, 2017
The Reserve Bank of India (RBI) on Wednesday reduced the policy repo rate by 25 basis points in its third bi-monthly monetary policy review of 2017-18. The current repo rate now stands at 6 per cent.
BT Online
August 2, 2017
Now, the repo rate stands at 6 per cent, the lowest since November 2010. The reverse repo rate has been lowered to 5.75 percent.
Mail Today Bureau
Mumbai, August 2, 2017
All eyes are on the Reserve Bank of India as a six-member Monetary Policy Committee (MPC) headed by governor Urjit Patel began a two-day meet on Tuesday.
BT Online
July 31, 2017
The country's fifth largest fifth-biggest software services exporter, reported profit at Rs 799 crore ($124.55 million) in Q1, compared with Rs 749 crore last year.  On a quarter-on-quarter basis, the firm reported 35.8 percent rise in net profit.
Saurabh Sharma
New Delhi, July 28, 2017
Call it a political manoeuvring or Nitish Kumar's opportunism, but one has to concede that the Grand Alliance was never a serious alternative due to weak agenda and whatever weight it carried - with the stalwart like Nitish Kumar - is now completely gone.
E Kumar Sharma
New Delhi, July 27, 2017
While both Dr Reddy's and Glenmark took a hit from the adjustments post-GST, factors such as price erosion in the US and higher costs, brought down the former's numbers.
Daksha Baxi, Monika Srivastava and Radhika Kapoor
New Delhi, July 27, 2017
Policy analysts and experts have advocated the replacement of AICTE and UGC with a more efficient regime for a long time.
Reuters
July 27, 2017
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5 percent to heights not seen since January 2008. It has gained nearly 5 percent so far this month.
BT Online
July 26, 2017
Expectations of a better earnings season with improving economic indicators have increased investor confidence, extending a record-setting rally this year, although high valuations are seen capping gains in the near term.
BT Online
July 26, 2017
The firm posted a net profit of Rs 61.6 crore for the first quarter ended June 30, 2017 against a net loss of Rs 197.4 crore in the year-ago period. At 10:03 am, the stock was trading 19.99 percent or 65.45 points higher at 392.90 level on the BSE.
Aseem Thapliyal
July 25, 2017
The Sensex and Nifty surged nearly 21 percent this year and are likely to hit new highs in the near future, say analysts.
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