The Reserve Bank expects India’s economic growth rate to grow at 7.4 per cent in the current financial year on pick up in industrial activity and good monsoon. RBI releasing its annual report in Mumbai yesterday said due to the evolving economic conditions, real GDP growth for 2018-19 is expected […]

The Sensex at the Bombay Stock Exchange climbed 203 points, or 0.5 percent, to close at a new record high of 38,897. The Nifty at the National Stock Exchange advanced 47 points, or 0.4 percent, to a new peak of 11,739.

Finance Minister Arun Jaitley has said that the Indian economy has undergone a transformation ever since the NDA came to power in 2014, as borne out by the IMF report. He said, in the last 4 years, decisiveness has led to easier decision making and made the economy stand out […]

State Bank of India today said it has ‘set its house in order’ and the credit growth is expected to see 10 per cent growth by the end of the current fiscal. Speaking at a press conference in Hyderabad, SBI Chairman Rajnish Kumar also said the bank is in the […]

At the Stock markets, the Sensex fell 69 points, or 0.2 percent, to trade at 38,268, in the afternoon trade, a short while ago. The Nifty at the National Stock Exchange dropped 24 points, to 11,559.

At the stock markets, the Sensex at the Bombay Stock Exchange gained 7 points, to a new closing peak of 38,286. The Nifty at the National Stock Exchange rose 19 points, to a fresh record high of 11,571.

No ATM will be replenished with cash after 9 PM in cities and 6 PM in rural areas from next year. In a notification, Home Ministry said the deadline for putting money in the ATMs located in Naxal-hit areas is 4 PM. It said private cash handling agencies must collect […]

The benchmark domestic share indices today closed with losses amid weak Asian stocks. The Sensex at the Bombay Stock Exchange ended down by 0.50 percent or 188 points at 37,664. The Nifty at the National Stock Exchange also slipped 0.42 percent or 51 points to 11,384. In secondary indices at […]

The benchmark domestic share indices today closed with losses amid weak Asian stocks. The Sensex at the Bombay Stock Exchange ended down by 0.50 percent or 188 points at 37,664. The Nifty at the National Stock Exchange also slipped 0.42 percent or 51 points to 11,384. In secondary indices at […]

Union Minister Arun Jaitley today said, India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market. Mr Jaitley’s reaction came, a day after the Indian currency hit an all-time low of 70.1 to a US dollar. In a series of tweet, Mr Jaitley said, recent […]