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BusinessToday.In
New Delhi, September 7, 2018
The weakening rupee against the US dollar and high crude-oil prices in the international market have swelled the current account deficit in the first quarter. The domestic currency has been Asia's worst performing currency so far this year


Prosenjit Datta
New Delhi, August 31, 2018
A closer look at the details of the GDP estimates shows that some worries remain and whether the 8 per cent plus can be maintained and bettered in the next several quarters will depend both on external factors as well as how well the government can manage its finances.


BusinessToday.In
August 31, 2018
The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.


BusinessToday.In
New Delhi, August 30, 2018
Cash savings as a percentage of gross national disposable income (GNDI) surged to 2.8% in the last fiscal, according to preliminary data released by the apex bank.


BusinessToday.In
August 30, 2018
The commerce and industry ministry is setting up two more task forces to plan the use of big data and artificial intelligence in government processes and chalk out the country's response to the changing trade dynamics.


BusinessToday.In
August 30, 2018
\"Focus will now shift to India's GDP and fiscal deficit data due to be released on Friday. A near-term range for the rupee is 70.20 and 70.75,\" said Rushabh Maru, Research Analyst, Anand Rathi Shares and Stock Brokers.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


Goutam Das
August 23, 2018
For the \"face of the industry\" to change, J.C. Sharma, the Vice Chairman and Managing Director of Sobha Limited, has a list of asks from regulators and the government.


Joe C Mathew
New Delhi, August 23, 2018
The idea of NIDS was mooted as a possible integrating framework that would enable users of official statistics to have a single view of data available in the official statistical system. 


BusinessToday.In
New Delhi, August 22, 2018
Flood hit Kerala seeks hike in borrowing limit to 4.5% to raise Rs 10,500 croreBattling its worst flood in nearly a century, Kerala is planning to raise an additional Rs 10,500 crore debt for rehabilitation and rebuilding. To achieve this, the Chief Minister Pinarayi Vijayan today said that his government will ask Centre to raise the ceiling on borrowing for the state to 4.5 per cent of the GDP. The borrowing limit is currently capped at 3 per cent. GSK seeks mid-September bi...


BusinessToday.In
New Delhi, August 21, 2018
The report says there is a potential to unlock over USD 50 billion in online commerce in India by driving awareness, usage, and transactions among the current and next set of internet users and shoppers.


BusinessToday.In
New Delhi, August 20, 2018
Kerala CM seeks Rs 2,000 cr relief package from PM as state suffers Rs 19,512 cr loss; Walmart completes deal to acquire 77% stake in Flipkart; India's CAD to widen to 2.5 per cent of GDP in FY19: Moody's; and Infosys CFO M D Ranganath steps down after 17 years. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, August 20, 2018
Kerala CM seeks Rs 2,000 cr relief package from PM as state suffers Rs 19,512 cr lossAbout 357 people have lost their lives in what could be called the worst-ever flood in a century in Kerala. So far, the National Disaster Response Force has evacuated over 10,000 people from the worst-affected areas of southern state. In an unprecedented relief effort under the instructions of Prime Minister Narendra Modi, 67 helicopters, 24 aircraft, 548 motorboats and thousands of rescue personn...


Joe C Mathew
New Delhi, August 20, 2018
For three consecutive months, India's merchandise exports have shown double-digit growth.


P.B. Jayakumar
New Delhi, August 20, 2018
The Sagarmala project has made huge progress in the last three years, but funding is a big constraint.


Manu Kaushik & Joe C Mathew
New Delhi, August 20, 2018
Less than a year after taking charge, K.J. Alphons, Minister of State (Independent Charge) for Tourism, launched a revamped Incredible India campaign. Alphons, who is candid about the issues facing India's tourism sector and wants to reduce the role of the government to just promoting tourism, speaks about efforts to make tourism hip again in a conversation with Business Today's Manu Kaushik and Joe C. Mathew. Edited excerpts:


PTI
August 19, 2018
Rupee last week dropped to a record low of 70.32 to a US dollar as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market currencies.


BusinessToday.In
August 16, 2018
The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.


Joe C Mathew
August 16, 2018
One and a half decade after Vajpayee demitted office, he is today remembered as a leader who took forward India's telecom revolution, laid the foundation for massive infrastructure projects - road, rail and air, in a size and scale that matched the Nehruvian-era.


BusinessToday.In
August 16, 2018
The currency fell 42 paise to hit a fresh all time low of 70.32 intra day. Earlier, it opened 35 paise lower to 70.25 level compared to the US dollar.


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