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RBI's profit falls 14.75% in FY14

The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign......

India's exports up 4% to $312.35 bn in 2013-14

India's exports grew by 3.98 per cent to  $312.35 billion in FY 2013-14 while imports dipped by 8.11 per cent during the period.   Imports declined to $450.94 billion, narrowing the......

Markets mark FY'14 end with record highs

Capital goods, IT, auto and pharmaceuticals lead gains for the financial year. Markets closed FY14 on a triumphant note with both the benchmark indices closing at record highs with the Nifty......

BPO to lag sector growth next FY

The country’s business process outsourcing (BPO) segment is not as enthusiastic as others in the information technology (IT) sector on a revival in growth in 2014-15. Earlier this week, the......

NCAER lowers India's FY'14 growth forecast

The National Council of Applied Economic Research (NCAER) on Thursday lowered the GDP projection for the current fiscal to 4.7-4.9 per cent due to exchange rate depreciation. "GDP growth rate......
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SBI

India's largest lender SBI today said it has written to the Reserve Bank to increase the daily cash withdrawal limit from merchant outlets having... ...

http://www.dnaindia.com/money/report-pos-cash-withdrawal-limit-should-be-raised-to-rs-5000-sbi-2019211
Multiple rerating triggers for UPL

Agri-chemicals major UPL hit its 52-week high last week on easing of rainfall deficit fears and increased sowing in India, its largest single... ...

http://www.business-standard.com/article/companies/multiple-rerating-triggers-for-upl-114091601146_1.html
We expect USD 35 billion balance of payments surplus in FY15

Sonal Varma, India Economist, Nomura Advisory and Financial Services Based on merchandise trade data for August 2014 released on 15... ...

http://www.capitalmarket.com/CMEdit/story50-0.asp?SNo=719622
Infra, construction sector growth may remain stressed in FY15

Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may... ...

http://www.business-standard.com/article/pti-stories/infra-construction-sector-growth-may-remain-stressed-in-fy15-114091600991_1.html
ICRA

Ratings agency ICRA expects the domestic tyre industry to grow by approximately 8% to Rs 493 billion during the current fiscal and achieve CAGR of... ...

http://www.thehindubusinessline.com/companies/tyre-industry-growth-to-touch-rs-493-b-in-fy-15-icra/article6416129.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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