Aug 08, 2016 at 15:32 | Source: Moneycontrol.com
The markets made an effort Thursday to follow an old adage on Dalal Street Buy the rumour Sell the fact when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.
Aug 05, 2016 at 15:07 | Source: CNBC-TV18
Economic Affairs Secretary Shaktikanta Das said the government is committed to structural reforms and other measures mentioned in Budget. "The 4 percent inflation target has demonstrated the governments commitment to undertake reform measures."
Aug 02, 2016 at 11:18 | Source: Reuters
The package is expected to include 7.5 trillion yen in spending by the national and local governments, and earmarks 6 trillion yen from the Fiscal Investment and Loan Programme, which is not included in the government's general budget.
Jul 22, 2016 at 09:38 | Source: PTI
"Chennai has become a hub for IT and ITeS. Over 50 multi-national companies are having their global facilities in Chennai. Software exports have grown steadily at around 10-12 per cent per annum and are expected to have touched Rs 95,000 crore in 2015-16," he said, presenting the budget for the financial year 2016-17, here.
Jul 16, 2016 at 09:56 | Source: PTI
The Federal Reserve last month trimmed its GDP forecast from 2.2 percent to 2 percent and economists at JPMorgan Chase are even more pessimistic, expecting the economy to grow by just 1.8 percent this year, down from last year's 2 percent gain.
Jul 15, 2016 at 13:47 | Source: CNBC-TV18
The government is likely to announce PSU bank capital infusion today, confirmed the government officials to CNBC-TV18's Sapna Das. Out of the total budget of Rs 25,000 crore, about Rs 12,000-RS 15,000 crore is expected to be used in the first tranche of the process.
Jun 16, 2016 at 21:58 | Source: PTI
"We expect that the process of listing of the insurance companies will begin one-by-one. Modalities are being worked out and I think we should see lot of action on that front in the next few months," Economic Affairs Secretary Shaktikanta Das said at the Economic Times 'BFSI Best Brands' Summit.
Jun 14, 2016 at 19:24 | Source: PTI
The government is expected to scrap in the near future the 5/20 norm that restrict new airlines from flying abroad as there is "massive lobbying" against it, says AirAsia Berhad--a key stakeholder in start up budget carrier AirAsia India
Jun 06, 2016 at 08:56 | Source: PTI
The survey, which tracks the growth of economic sectors on a quarterly basis, also stressed on the quick implementation of the announcements in the budget especially in the infrastructure space, boosting export competitiveness and addressing the issue of delayed payments.