August 17, 2018 07:47 AM IST
This blog will keep track of breaking news and important developments through the day.
August 16, 2018 10:16 PM IST
The government’s intentions deserve praise and support, but before announcing a health insurance, we need good doctors and infrastructure. The AB-NHPM places the cart before the horse.
August 16, 2018 09:34 PM IST
Former PM and BJP stalwart Atal Bihari Vajpayee passed away on August 16 at AIIMS, New Delhi
August 16, 2018 09:10 PM IST
It has projected the consolidated fiscal deficit for FY19 at 6.5 percent of GDP against a budgeted 5.9 percent, which is only 10 bps lower than FY18.
August 16, 2018 08:35 PM IST
In similar vein, Thomas Cook India President & Country Head - Holidays, MICE, Visa & Passport Services Rajeev Kale said the rupee depreciation has had no adverse impact on the company's outbound bookings.
August 16, 2018 08:33 PM IST
Sanjay Kalirona, CEO and Director of COMIO India, said the Indian mobile handset industry is already under tremendous pressure with the increase in cost of raw material and custom duty.
August 16, 2018 08:18 PM IST
"Stability should be the watchword and given the forex reserves of $400 billion, the RBI should remain on top of the situation," Rawat said.
August 16, 2018 08:15 PM IST
In the the year ago fortnight, bank advances was at Rs 77,01,926 crore.
August 16, 2018 08:15 PM IST
Sony, Panasonic and Godrej said they are closely watching the currency movement.
August 16, 2018 08:07 PM IST
IRDAI has asked insurers to make medical insurance available for mental health
August 16, 2018 07:26 PM IST
Five of the six members of the all-powerful Monetary Policy Committee headed by Patel had voted for a 25 basis points hike in the benchmark lending rate (repo) on August 1.
August 16, 2018 06:12 PM IST
As many as 11 out of 21 banks are under the RBI's watch list. Of these, two banks Dena Bank and Allahabad Bank are facing restriction on expansion of business.
August 16, 2018 05:45 PM IST
Vajpayee remained any journalist’s delight: he could give great copy whether he was Leader of Opposition or even when he became prime minister. Vajpayee loved the media’s craze to unravel him, peel him layer by layer to fathom his mind
August 16, 2018 05:10 PM IST
The UBS survey of investors jotted down five possible drivers for the Nifty in order of importance oil prices.
August 16, 2018 04:42 PM IST
The key reason for this, Ind-Ra said, is the upward revision in the estimation of inflation for 2018-19.
August 16, 2018 04:08 PM IST
Moneycontrol brings to you select pictures that are making headlines across the globe.
August 16, 2018 03:59 PM IST
If the weakness persists, Prime Minister Narendra Modi's job could become a lot harder just before big state and national elections.
August 16, 2018 03:52 PM IST
The National Pharmaceutical Pricing Authority (NPPA) said while the retail price of 72 scheduled formulations has been fixed, that of 9 has been revised.
August 16, 2018 03:49 PM IST
In general, a weaker rupee supports exports and at the same time protects the domestic industry, including steel, from imports as they become costlier, Joint Plant Committee(JPC) Chief Economist A S Firoz told PTI. He, however, warned that a weak rupee will adversely affect the Indian industry as it has to extensively depend on imported inputs such as coking coal, steel scrap etc.
August 16, 2018 03:31 PM IST
The rupee hitting a record low of 70.32 to a US dollar in the opening deal today will also lead to a hike in the retail selling price of petrol, diesel and cooking gas (LPG).
August 16, 2018 03:10 PM IST
The rupee rose by about 17 percent during the last three years. Since the beginning of this year, rupee has declined by only 9.8 percent.
August 16, 2018 03:05 PM IST
US President Donald Trump slapped an import duty on the alloy earlier this year.
August 16, 2018 02:42 PM IST
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through due diligence process.
August 16, 2018 01:38 PM IST
The government sponsored term life insurance of Rs 2 lakh will be available for an annual premium of Rs 330
August 16, 2018 01:35 PM IST
Urea production stood at 24.02 MT in 2017-18, as per the official data.
