Jul 27, 2016 at 19:08 | Source: PTI
An India Ratings and Research report said companies having strong cash flow generation ability and low debt levels are likely to benefit from a gradual revival in the economy as nominal gross domestic product (GDP) growth picks up during the course of the current financial year.
Jul 27, 2016 at 16:57 | Source: Moneycontrol.com
CRISIL's DRIP (Deficient Rainfall Impact Parameter) indicator is better for all crops compared with last year. The indicator is upbeat on almost all states, barring Gujarat, Odisha Assam, Himachal Pradesh and Kerala.
Jul 27, 2016 at 15:58 | Source: Reuters
Second-quarter gross domestic product grew by 0.6 percent, up from 0.4 percent in the first three months of the year, the Office for National Statistics said. Economists polled by Reuters had expected growth to hold steady at 0.4 percent.
Jul 27, 2016 at 15:18 | Source: PTI
Raising the issue during Zero Hour in Lok Sabha, Chintaman Malviya alleged that banks like ICICI, Kotak Mahindra, YES and Axis have become "organised racket of profiteers" which have nothing to do with implementing schemes like the Jan Dhan Yojana.
Jul 27, 2016 at 12:46 | Source: Reuters
The premier's 28 trillion yen (USD265.30 billion) stimulus package, which exceeds initial estimates of around 20 trillion yen, includes 13 trillion yen in "fiscal measures," Jiji reported. Those measures are likely to include spending by national and local governments, as well as loan programmes.
Jul 27, 2016 at 12:34 | Source: PTI
Indian economy grew 7.9 percent in March quarter and recorded a five-year high growth rate of 7.6 percent for the 2015-16 fiscal on robust manufacturing growth.
Jul 27, 2016 at 10:27 | Source: CNBC
The rating agency said overall leverage in China's economy continued to rise with credit growth outpacing the rise in nominal gross domestic product (GDP).
Jul 27, 2016 at 09:40 | Source: CNBC-TV18
In an interview with CNBC-TV18, Ian Hui of JP Morgan Asset Management said that with this fiscal package there won't be any immediate effect on the Japanesee economy and the GDP growth.
Jul 27, 2016 at 07:56 | Source: CNBC
What the market is hoping to hear in the Fed's post-meeting statement Wednesday is how it now views Brexit and its impact on the world economy. The UK economy has already shown some signs of strain following the June 23 vote to exit the European Union, but US data has only gotten stronger.
Jul 27, 2016 at 07:39 | Source: CNBC-TV18
According to him, in the first couple of years of GST implementation, it may be quite disruptive and impact uncertain. The wide range of revenue-neutral-rate by various expert committees/institutions indicates the complexity and unpredictability, he says.