While the CPI rise may be temporary, the retail inflation is clearly inching towards the RBI's targeted level of 4 per cent with plus and minus 2 per cent

The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

The World Bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.

Earlier in August 2019, the rating agency had revised GDP growth estimate to 6.7% from its earlier forecast of 7.3%

The ratings agency had lowered India's growth forecast to 6.2% from 6.8% in August

Icra believes that demand headwinds would continue in the near-term with likelihood of limited pre-buying ahead of the roll-out of BS-VI emission norms.

The government bank employees can opt out or take the part arrear payments, in which case, the amount credited will not be less than Rs 50,000 and may even exceed Rs 1 lakh

While presently PSUs for strategic sale are identified by NITI Aayog, the tweak in policy has now brought DIPAM into the picture. DIPAM and NITI Aayog will now jointly identify PSUs for strategic disinvestment

Aarey forests protests: Activists have claimed that almost 200 trees have been cut so far. They have also alleged that the Mumbai metro corporation wants to finish the job before October 10, when the matter goes to the National Green Tribunal.

The committee will also review of functioning of the telecom regulator TRAI, Bharat Sanchar Nigam Limited (BSNL), Mahanagar Telephone Nigam Limited (MTNL) and the country's preparedness for 5G.

Defence Minister Rajnath Singh is scheduled to travel to France on October 7 on a three-day visit, primarily to receive the first Rafale fighter jet

RBI Governor Shaktikanta Das pointed out earlier today that the government had already made a statement that they would adhere to its fiscal deficit target

Last year, the government had sold its entire stake in HPCL to state-owned ONGC but the oil marketeer still enjoys BBB- rating considering ONGC ownership by the government.

Moody's Investor Service sees this mega divestment plans for the 4 blue-chip public-sector companies as a setback. Moody's said the proposed stake sale in BPCL would remove the company's links and prompt bond redemption, a credit negative

The RBI is expected to lower the repo rate by 25 basis points (bps) to 5.15%, which would take cumulative cuts so far this year to 135 bps