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BusinessToday.In
New Delhi, June 4, 2018
RBI panel to decide on policy rates in 3-day MPC meet starting todayRising inflation and high crude oil prices will weigh on the minds of the six Monetary Policy Committee (MPC) members at their three-day meeting beginning here today to decide the key policy rate. The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI). Retail ...


PTI
New Delhi, June 3, 2018
The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate by the Reserve Bank of India.


PTI
New Delhi, June 3, 2018
Clocking its fastest rate of growth in seven quarters, the Indian economy grew at 6.7 per cent during the financial year 2017-18, retaining the tag of the fastest growing major economy in the March quarter.


BusinessToday.in
New Delhi, June 1, 2018
Air India sell-off turns out to be a damp squibIn a major setback to the government's plans, the offer to sell a majority stake in debt-ridden Air India did not attract any bid as the deadline closed on Thursday. \"As informed by the Transaction Adviser, no response has been received for the Expression of Interest floated for the strategic disinvestment of Air India,\" the Civil Aviation Ministry said in a tweet. Air India, known for its Maharaja mascot, has some of India's most...


BusinessToday.in
New Delhi, June 1, 2018
Finance ministry has announced that all the states in the country would have implemented e-way bill for intra-day movement of goods by June 3; there's much to cheer about the 7.7 pc GDP growth rate in Q4 of 2017-18, yet, there's still a lot that's not right with the economy and nobody bid for national carrier Air India as potential bidders were truly put off by some onerous conditions. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


Mail Today Bureau
June 1, 2018
The Indian economy posted a growth rate of 7.7 per cent during the January to March quarter, enabling the country to retain its position as the fastest growing major economy, data released by the Central Statistics Office showed on Thursday.


BusinessToday.In
New Delhi, May 31, 2018
The Indian economy grew at 6.7 per cent during the financial year 2017-18, while the rate of growth rose to 7.7 per cent during the quarter ended March, GDP estimates released by the government showed.


BusinessToday.In
May 30, 2018
The Sensex slipped over 43 points in volatile trade to close at 34,906 with no respite in selling by investors ahead of May derivatives expiry amid weak global cues.The cut in India's 2018 GDP growth forecast by Moody's also affected sentiment, brokers said.The Sensex opened on a bearish note at 34,876 and slipped further to hit a low of 34,735 largely on sustained foreign fund outflows amid a global sell-off on political uncertainty in Italy and concerns of a possible China-US tr...


Anilesh S. Mahajan
New Delhi, May 28, 2018
As the NDA government enters its final year, there is a long unfinished agenda that it may not be able to implement by 2019.


D.K. Joshi
New Delhi, May 28, 2018
A significant rise in private investments and constant reforms are needed to accelerate India's growth story.


BusinessToday.In
May 23, 2018
A tougher option could be to finally bring petrol and diesel under GST, which has been dangled as a lollipop for a long time. Even at a prohibitive 18 per cent tax rate, petrol would barely cost Rs 45.75 per litre.


Dr Bhaskar Chatterjee
New Delhi, May 21, 2018
After almost a decade of limping growth, the significant recovery of the global economy as well as that of the Global Steel Industry in 2017 also points to a favourable outlook for the Indian steel industry.


BusinessToday.In
New Delhi, May 21, 2018
The behaviour of the exchange rate in May 2018 has been eerily similar to that in May 2013, the month that marked the onset of the 'taper tantrum' - when hints from the U.S. Federal Reserve that it was planning to taper its bond-buying programme saw the rupee slide by over 20 per cent against the dollar in three months till August.


Sumant Banerji
May 21, 2018
Petrol price has hit a record high of Rs 76.57 per litre in Delhi, beating the previous all time high of Rs 76.06 of September 2013 after oil marketing companies raised prices by 33 paise on Monday.


BusinessToday.In
New Delhi, May 18, 2018
The worse news is that things might get a lot worse here on - some analysts have predicted it to hit $100 by the next year.


Aseem Thapliyal
May 18, 2018
Every $10 per barrel rise in the price will worsen India's fiscal balance by 0.1% and current account balance by 0.4% of GDP, according to estimates of global financial services major Nomura.


BusinessToday.in
New Delhi, May 18, 2018
Trump attacks China over US trade deficit  US President Donald Trump today hit out at China for \"fleecing\" his country with hundreds of billions of dollars every year, even as high-level delegations from the two countries were holding intense negotiations in Washington over a series of trade disputes between them.\"China has taken our hundreds of billions of dollars a year from the United States. And I explained to (Chinese) President Xi (Jinping), we can't do that anymor...


BusinessToday.In
New Delhi, May 9, 2018
Walmart will pay $16 billion for an initial stake of 77 per cent in Flipkart, valuing the e-tailer close to $20 billion. The remainder of the business will be held by some of Flipkart's existing shareholders.


Rajeev Dubey
New Delhi, May 9, 2018
Walmart's global CEO Doug McMillon arrived in Delhi late Tuesday night to sign off on the Flipkart deal.


BusinessToday.In
New Delhi, May 8, 2018
The businesses in India have been citing regulations and red tape, availability of skilled workforce, lack of ICT infrastructure, and shortage of finance as the biggest growth constraints, claimed the report.


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