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BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


PTI
September 12, 2018
Factory output measured in terms of the Index of Industrial Production had expanded by just 1 per cent in July last year, according to the data released by Central Statistics Office.


Abhishek Gupta
September 9, 2018
The key takeaway - the pickup in growth, without demand-pull inflationary pressure in the economy, supports our thesis that reforms have lifted India's potential growth, and activity ahead is likely to remain non-inflationary, writes Abhishek Gupta.


PTI
August 23, 2018
The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today.


BusinessToday.In
August 21, 2018
There are already clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy.


PTI
August 10, 2018
Factory output growth measured in terms of the Index of Industrial Production (IIP) was revised upwards for May at 3.9 per cent from previous estimate of 3.2 per cent estimated earlier.


Nevin John
New Delhi, July 19, 2018
The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.


Prosenjit Datta
New Delhi, July 18, 2018
India has a huge official data and statistics problem and the problem is only growing bigger by the day.


BusinessToday.in
New Delhi, July 13, 2018
Sensex hits fresh high of 36,740, Nifty at 11,057; Wipro, Reliance Industries, Infosys top gainersThe Sensex and Nifty continued their rally in early trade today despite flow of negative news on macroeconomic front on Thursday. While the Sensex rose 174 points or 0.48% to 36,723 level, the Nifty climbed 35 points or 0.32% to 11,058 level.Fortis accepts $584 million stake deal from Malaysia's IHH HealthcareFortis Healthcare Ltd said on Friday that it accepted an investment offer from...


BusinessToday.In
New Delhi, July 12, 2018
The manufacturing sector that constitutes 77.63 per cent of the index grew by just 2.8 per cent in May. Power generation growth decelerated sharply to 4.2 per cent in May as compared to a high of 8.3 per cent year ago.


Reuters
June 30, 2018
Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world's second-biggest economy.


BusinessToday.In
June 19, 2018
Asian markets nosedived after US President Donald Trump's threat to impose a 10 percent tariff on another $200 billion of Chinese goods drew warnings from Beijing of about $50 billion retaliatory penalties on US goods. Unabated selling by foreign funds and a weak rupee added to the gloom, brokers said.


BusinessToday.In
New Delhi, June 13, 2018
Rahul Aggarwal, Director, Wealth Discovery, takes viewers through all the market action today. The Sensex rose 47 points to close at 35,739 in see-saw trade, led by gains in software exporters and healthcare stocks. Similarly, the broader 50-issue NSE Nifty ended higher by 13.85 points, or 0.13 per cent, at 10,856 after moving in the range of 10,893 and 10,842.


BusinessToday.In
June 13, 2018
The Sensex rose 47 points to close at 35,739 in see-saw trade, led by gains in software exporters and healthcare stocks.Buying picked up after official data showed industrial output expanded by 4.9 per cent in April this year, spurred by higher growth in manufacturing and mining sectors.However, concern prevailed over retail inflation inching up to 4.87 per cent in May on increase in food prices.In past two days, the Sensex gained 248.85 points.Similarly, the broader 50-issue NSE Nifty ended ...


PTI
June 12, 2018



PTI
June 8, 2018



BusinessToday.In
New Delhi, June 6, 2018
The Global Economic Prospects report released by the World Bank on Tuesday projects that India will see its gross domestic product (GDP) grow at a rate of 7.3 per cent during the ongoing fiscal and at 7.5 per cent in the two succeeding ones.


PB Jayakumar
New Delhi, May 28, 2018
Dr. Roland Busch, Chief Technology Officer and Member of the Managing Board of Siemens AG, since 2011, was in India recently to kick-start Siemens digital solutions for Indian industries.


PTI
May 24, 2018



BusinessToday.In
New Delhi, May 11, 2018
Index of Industrial Production (IIP) posted a growth of 4.4 per cent in March 2018. This is the slowest industrial output has grown in the past five months. The slowdown happened due to decline in capital goods production and mining activity.


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