Apr 29, 2017 at 12:42 | Source: PTI
India is in the advanced stages of formulating a policy to encourage domestic defence manufacturing and cut import of combat planes, ships and submarines, Union Minister Arun Jaitley said.
Apr 29, 2017 at 12:35 | Source: PTI
Ansari said the new economic policies, including the liberalisation programme, were fostered in a democratic and deliberative environment and India was "now getting used to its much higher rate of growth."
Apr 29, 2017 at 08:13 | Source: Reuters
The Dow Jones Industrial Average fell 40.82 points, or 0.19 percent, to close at 20,940.51, the S&P 500 lost 4.57 points, or 0.19 percent, to 2,384.2 and the Nasdaq Composite dropped 1.33 points, or 0.02 percent, to 6,047.61.
Apr 29, 2017 at 01:38 | Source: PTI
GDP increased only 0.7 percent in the first three months of the year as consumer spending and government expenditures tumbled to their lowest levels in years, the Commerce Department reported today in its preliminary data.
Apr 28, 2017 at 14:10 | Source: Moneycontrol.com
According to Angel Commodities, expect MCX copper prices to trade sideways today. Also, global markets will keenly watch Advance GDP data from the US due today.
Apr 27, 2017 at 22:48 | Source: PTI
Niti Aayog has exuded confidence that India will get back to over 8 percent growth as it proposed a host of reforms, including reduction in corporate tax to 25 percent and uniform import duty at 7 percent.
Apr 25, 2017 at 16:06 | Source: PTI
D&B expects the CPI inflation to be in the range of 3.5- 3.7 per cent and WPI inflation to be 5.4-5.6 per cent during April this year. According to official data, retail prices jumped to a 5- month high of 3.81 per cent in March while WPI-based inflation slipped to 5.70 per cent in March.
Apr 25, 2017 at 14:15 | Source: Moneycontrol.com
While the world awaits this announcement, celebrations have started in advance. Today, the United States accounts for close to 25% of global GDP and it has already seen a significant recovery in economic growth. GDP growth, which stood at 1.6% in 2016 is expected to rise to 2.3% in 2017 and 2.5% next year as per the IMF in its April 2017 World Economic Outlook. While markets have got to wait for details, its clear that one big beneficiary of this reform will be metals.
Apr 25, 2017 at 08:35 | Source: PTI
"If these things spreads as is possible. So I think that's a kind of big challenge, he said in an apparent disagreement of the recent move by Uttar Pradesh Chief Minister Yogi Adityanath to waive agricultural loans worth Rs 36,000 crore in the state.
Apr 24, 2017 at 09:35 | Source: Reuters
Speaking at a G20 summit meeting of the world's top economies in Washington last week, finance minister Xiao Jie said an increasing number of positive signs were seen in the Chinese economy in the first quarter gross domestic product report.