New Delhi : It seems like India’s faltering economic growth has picked up pace under Modi rule as Indian economy grows at 5.7 per cent in April-June quarter of 2014-15, marking the fastest quarterly growth in nearly two years. The growth reflects the ... IndiaTV News, 4 hours ago
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 New Delhi: At a time when Prime Minister Narendra Modi is reaching the milestone of completing a hundred days of office, more economic indicators are pointing towards good times. On one ...IndiaTV News, 1 day ago
A gradual decline in the global crude oil price, coupled with a phased decontrol of diesel prices since January last year, could bring the fuel’s price to the same level as the market rate before the end of this year. If that happens, the government-controlled oil marketing companies would be able to lower their borrowings by Rs 10,000-15,000 crore (Rs 100-150 billion) this financial year, and the government’s subsidy burden would come down by about 12 per cent. According to a ...Rediff.com, 1 week ago
The structural reforms that the new government is putting in place will take up to 18 months to bear fruit, says Sanjeev Sanyal (below left), global strategist, Deutsche Bank. In an interview with Samie Modak, Sanyal says PM Modi might bring in radical tax reforms to address the fiscal challenge. Excerpts: How are you reading the strong mandate given by the electorate to the new government? Prime Minister Narendra Modi has not only got a clear mandate, he is the first PM ...Rediff.com, 2 months ago
The market breadth in BSE ended positive with 1,920 shares advancing and 1,092 shares declining. The BSE benchmark Sensex on Tuesday jumped by nearly 174 points to end the day at all-time closing high of 24,858.59 as sentiment remained positive after the Reserve Bank of India pleased markets by unlocking about Rs 40,000 crore (Rs 400 billion) of banking funds by cutting the statutory liquidity ratio (SLR). Boosting investor sentiment, The Reserve Bank of India (RBI) also allowed ...Rediff.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!