Binary options: Smart investments
Mar 01, 2019, at 11:43 am
This year, India has emerged as the fastest growing major economy in the world and is expected to be one of the top three economic powers of the world over the next years, backed by its strong democracy and partnerships.
Sensex falls by 239.67 pts to 35,973.71 post IAF air strike
Feb 26, 2019, at 07:42 pm
Mumbai, Feb 26 (UNI) The domestic equity markets reacted sharply to the news of a retaliatory attack by Indian Air Force (IAF) on a major terrorist camp in Pakistan early on Tuesday, with both the BSE Sensex and the NSE's Nifty falling in a highly volatile session.
India's GDP estimated to grow at 7.2 per cent in 2018-19: Officials
Jan 07, 2019, at 06:43 pm
New Delhi, Jan 7 (IBNS): India's Gross Dometic Product will grow at a rate of 7.2 per cent in 2018-2019 session, official data released on Monday said.
We believe liquidity needs are largely met: RBI Governor Shaktikanta Das
Jan 07, 2019, at 04:20 pm
Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.
Indian government rejects World Bank's HCI report
Oct 12, 2018, at 09:55 am
New Delhi, Oct 12 (IBNS): The Indian government has rejected the World Bank's Human Capital Index (HCI) findings where it has placed the Asian nation at 115th position out of 157 countries on various parameters.
Sep 24, 2018, at 04:49 pm
Kolkata, Sept 24 (IBNS): Deeper regional trade and connectivity has the potential to more than triple India’s trade with its South Asian neighbors, says a new World Bank report.
Sep 03, 2018, at 11:02 pm
New Delhi, Sept 3 (IBNS): NITI Aayog Vice Chairman Rajiv Kumar has said that note ban, which was carried out by the Centre in 2016, was not the reason behind the country's economic slowdown.
India's GDP grows at 8.2 percent in 2019-2019 first quarter
Aug 31, 2018, at 05:54 pm
New Delhi, Aug 31 (IBNS): India's economy marked an impressive growth of 8.2 percent in the first quarter of the 2018-19 financial year, as per government data released on Friday.
Indian economy is facing challenges: Aurn Jaitley
Aug 27, 2018, at 10:29 pm
New Delhi, Aug 27 (IBNS): Union Finance Minister Arun Jaitley on Monday said Indian economy is facing challenges and the attempt to recover funds from defaulters would continue.
Robust corporate bond market imperative to achieve 8% economic growth: Study
Jul 17, 2018, at 08:37 pm
New Delhi, July 17 (IBNS): A developed corporate bond market is the need of the hour for India as an eight per cent economic growth cannot be achieved without a robust corporate capex cycle, more so as sole reliance on bank loans is not warranted, particularly when bank lending has been squeezed, noted a recent ASSOCHAM-Ashvin Parekh Advisory Services LLP (APAS) joint study.
Economy makes it merry in March; expenditure shoots up in closing month of fiscal year: ASSOCHAM
Jun 18, 2018, at 07:19 pm
New Delhi, June 18 (IBNS): Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections.
WPI index eases to 6-month low of 2.84 pct in January
Feb 16, 2018, at 12:52 am
New Delhi, Feb 15 (IBNS): In a major development, India's wholesale inflation eased for the second consecutive month, growing at 2.84 percent in January, official government data released on Thursday said.
RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM
Feb 04, 2018, at 10:15 pm
New Delhi, Feb 4 (IBNS): The Reserve Bank of India should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price for farmers and refrain from going in for any hike in the benchmark policy lending rates when the Monetary Policy Committee meets on February 7, the ASSOCHAM has said.
CPI-W for December decreases by 2 points
Feb 03, 2018, at 01:08 am
New Delhi, Feb 2 (IBNS): The All-India CPI-IW for December, 2017 dropped by 2 points to touch 286, official government records released on Friday said.
WPI inflation eases to 3.58% in December
Jan 16, 2018, at 01:25 am
New Delhi, Jan 15 (IBNS): India's wholesale price inflation eased to 3.5 percent in December, official data released by the government on Monday said.
Stocks may witness global, domestic headwinds in 2018: ASSOCHAM study
Jan 15, 2018, at 10:13 pm
New Delhi, Jan 15 (IBNS): The year 2017 may have gone as the golden period for Indian stock market, in sync with the major economies of the world, global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices , coupled with domestic concerns like firming inflation could halt the underlying bull run in 2018 and bring in lot more volatility going forward, an ASSOCHAM Paper has indicated.
World Bank projects 7.3 percent growth rate for India in 2018
Jan 10, 2018, at 02:01 pm
New Delhi, Jan 10 (IBNS): Giving positive news to people in the country, the World Bank has projected India'a growth rate to 7.3 per cent in 2018.
Economy may reach 7% growth in 2018; tilt towards farm sector in new year: ASSOCHAM Outlook
Dec 25, 2017, at 11:28 pm
New Delhi, Dec 25 (IBNS): After ”disruptions" like lingering demonetisation effect and GST roll-out, the IndiaDn economy may reach a 7 per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before the Lok Sabha elections, the ASSOCHAM Year-Ahead Outlook (AYAO) pointed out.
Cut corporate tax; raise exemption limits for salaried employees: ASSOCHAM to FM
Dec 08, 2017, at 10:28 pm
New Delhi, Dec 8 (IBNS): Making out a strong case for slashing of corporate tax to 25 per cent, the ASSOCHAM President Sandeep Jajodia said in his presentation before Finance Minister Arun Jaitley tax exemption limits for senior citizens and salaried employees should be also raised substantially for a demand push to the economy.
India's GDP grows 6.3 pct in Q2
Dec 01, 2017, at 12:12 am
New Delhi, Nov 30 (IBNS): India's GDP growth for the second quarter of the current fiscal that ended on Sept 30 moved up to 6.3 percent, government data released on Thursday said.
Growth of eight core sector industries remains at 4.7 pct in October, says govt data
Nov 30, 2017, at 11:53 pm
New Delhi, Nov 30 (IBNS): Growth of India's eight core sector industries remained at 4.7 percent in October from a year ago, as per official data released on Thursday.
GST implementation caused ‘temporary slowdown’: ASSOCHAM-EY study
Nov 13, 2017, at 09:34 pm
New Delhi, Nov 13 (IBNS): After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.
PSU banks in sweet spots; market mop up can well exceed Rs 58K crore: ASSOCHAM
Oct 30, 2017, at 09:30 pm
New Delhi, Oct 30 (IBNS): If the change of perception for PSU banks, post the mega capital infusion scheme is any indication, dilution of government equity, up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 crore as provided in the Rs 2,11,000 crore re-capitalisation plan, an ASSOCHAM report has said.
Agriculture and industry shall be looked at as two eyes of our economy: Vice President
Oct 29, 2017, at 02:59 am
New Delhi, Oct 28 (IBNS): Vice President of India M. Venkaiah Naidu has said that Agriculture and industry shall be looked at as the two eyes of our economy.
Fundamentals of the Indian economy is strong: Jaitley
Oct 24, 2017, at 10:39 pm
Mumbai, Oct 24 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said the fundamentals of the Indian economy is strong.
Economy needs to grow at 7 per cent in the next three quarters: Dr C. Rangarajan
Sep 22, 2017, at 09:15 pm
New Delhi, Sept 22 (IBNS): To get 6.5 per cent for the year as a whole, the economy needs to grow at 7 per cent in the next three quarters, probably rate of growth will be around 6.5 per cent, said Dr C. Rangarajan, Former Chairman-Economic Advisory Council to the Prime Minister of India & Former Governor, RBI at an ASSOCHAM event held in New Delhi today.
CPI moves up to 2.36 percent in July
Aug 15, 2017, at 12:23 am
New Delhi, Aug 14 (IBNS): India's annual consumer price inflation moved up to 2.36 percent in July, official data released on Monday revealed.
External rupee value far greater than internal; mismatch hurting exporters: ASSOCHAM
Aug 08, 2017, at 12:11 am
New Delhi, Aug 7 (IBNS): Declining by close to six per cent over the last one year, rupee is now trading at 63.63-70 against 66.93 to a dollar in August, 2016.
Banks may need 20% incremental provisioning for 50 large stressed assets: Study
Aug 05, 2017, at 01:28 am
New Delhi, Aug 4 (IBNS): Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs.3 lakh crore in construction, power, metals and other sectors that constitute about half of the gross non-performing assets of the banking sector, noted a recent joint study by ASSOCHAM-Crisil.
19 per cent of Indian population is still unbanked: ASSOCHAM-EY
Jul 26, 2017, at 01:41 am
New Delhi, July 25 (IBNS): Despite rationale and a strong institutional credit network, India’s financial services ecosystem lags in terms of physical infrastructure and has failed to reach the poor, more than 19% of the population who are unbanked or financially excluded, noted a recent ASSOCHAM-EY joint study.