The Delhi government today said that its fiscal deficit dropped to about one-third of the original estimate for the current fiscal after it carried forward Rs 1,969 crore of budgetary shortfall to 2018-19.
Japanese Finance Minister Taro Aso said on Friday that he would closely watch the United States' move to impose tariffs on up to $60 billion of Chinese goods.
The Uttarakhand government today presented a Budget of Rs 45,585.09 crore for 2018-19 in the state assembly here with an estimated revenue surplus of Rs 32.69 crore.
“Nifty may continue to oscillate in the price band of 10,160 to 10,000, and may again see buying on dips around 10,000.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
China urged the United States on Friday to avoid taking bilateral trade relations to a "dangerous place", the Chinese commerce ministry said in a statement on Friday, responding to planned US tariffs following an intellectual property probe.
US President Donald Trump today announced USD 50 billion of tariffs on China to punish the country for its "unfair" trade practices, a move that could escalate the already tense trade relations between the world's two biggest economies.
Asian markets slipped in Friday trading, tracking the sharp falls in Wall Street and European markets, which took a hit on fears of a potential trade war.
Air India launched yesterday the first scheduled service to Israel to be allowed to cross Saudi airspace, a sign of a behind-the-scenes improvement in ties between the Arab kingdom and the Jewish state.
The North-East Industrial Development Scheme (NEIDS)-2017 approved by the union cabinet will benefit the people of the region and will go a long way to implement the Act East Policy, said Assam Chief Minister Sarbananda Sonowal today.
Allahabad Bank | AIA Engineering | United Spirits | Indraprastha Gas | Idea Cellular | IRB Infra and Hero MotoCorp are stocks, which are in news today.
A list of important headlines from across news agencies that could help in your trade today.
China unveiled plans on Friday to impose tariffs on up to USD 3 billion of US imports in retaliation against US tariffs on Chinese steel and aluminium products, as the world's two largest economies stood on the brink of a trade war.
The Dow Jones industrial average dropped 724.42 points to close at 23,957.89, with Caterpillar, 3M and Boeing as the biggest decliners. The 2.9 percent decline was the worst since Feb. 8.
Beijing forcefully denounced today President Donald Trump's decision to impose tariffs on billions of dollars in Chinese goods, accusing him of putting the two economies on course for a trade war.
To ensure ease of doing business, the Central Drugs Standard Control Organization (CDSCO) has waived the provision of procuring "no-objection" certificate (NOC) by pharmaceutical companies for exporting drugs, medical devices and cosmetics across ports in the country.
China has announced a list of US goods including pork and aluminium pipe it says may be hit by higher tariffs in response to President Donald Trump's higher import duties on steel and aluminium.
The situation at public sector banks is screaming for the government to stop appointing their board members.
The index witnessed selling pressure in three out of four days when the index rose above 10200 levels. Hence, for bulls to regain control, 10,200 is crucial for the bulls, suggest experts.
Announcing a slew of initiatives, including the launch of 'landscaping of PWD roads' to reduce dust and installation of LED street lights, the Delhi government today allocated over Rs 846 crore to the PWD for 2018-19 fiscal.
In Tokyo, the Nikkei 225 fell 3.59 percent in the morning after earlier dropping to its lowest levels in around five months. Major exporters were downbeat, with Toyota falling 2.57 percent and Sony losing 3.02 percent.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Latha Venkatesh is in conversation with Yuri Afanasiev,Resident Coordinator, UN, Naina Lal Kidwai, Chairperson of Max Financial Services, Hardeep Singh Puri, MoS, Housing & Urban Affairs, Amitabh Kant, CEO of NITI Aayog and Junaid Ahmad, Country Director-India at World Bank on what it takes to strengthen India's city systems.
India may be in a position where it would want to retaliate, a top Trump administration official said today, even as the US continues to be on the cusp of triggering a global trade war by unveiling high import tariffs on a number of items.
"All the details are in the data room. The fraud is nothing to do with the sale. If the offer is proper, the tribunal can consider it," a counsel on behalf of the CoC said before the NCLT, according to a source close to one of the bidders.
"Our nation would probably be the first country in the world to have data empowerment infrastructure for its people," he said in his keynote address at the 'Future Global Digital Summit' organised by the Kerala government.