Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly because of increase in prices of food items.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'
Marico, which launched its first digital-only brand Studio X on Amazon, is treading the e-commerce market sans the support of its 4.7 million brick and mortar outlets, reports Sangeeta Tanwar.
Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
Peter Broegger, senior vice-president (Asia-Pacific), Mattel East Asia, will visit India this month in an attempt to restore confidence among stakeholders, rattled by a spate of departures by senior executives.
The Reserve Bank had kept policy rate unchanged in its review on April 7.
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India and Switzerland have long standing bilateral ties across diverse areas including in the economic sphere.
'I suggest Rahul Bajaj come out in the open and give us his own white paper on the perceived sense of fear that he thinks haunts corporate India,' says Dr Sudhir Bisht.
Cheering the rebound in India's economy which grew 5.7 per cent in the April-June quarter, highest in the past two-and-a-half years, India Inc on Friday said it expects the GDP to pick up further on the back of conducive investment policies and execution of reforms by government.
The UK voted to leave the European Union after 43 years.
The RBI had lowered policy rates by 0.50 per cent between January-March to prop up economic growth.
The comments assume significance in view of the charges faced by HSBC
India Inc said policymakers should take doable steps to revive fixed investments and production of capital goods
In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.
India Inc on said the Seventh Pay Commission set up today for central government employees is likely to lead to additional burden on the exchequer and increase inflation by pushing demand.
Jewellery showrooms in Tamil Nadu and Andhra Pradesh were also opened.
At the Interbank Foreign Exchange Market, the rupee resumed lower at 59.72 a dollar from the previous close of 59.67 and declined to a low of 59.88. It bounced back on dollar selling by exporters and some banks, touching a high of 59.30 before settling at 59.35, a rise of 0.54 per cent.
He referred to Supreme Court orders in which it has said that the court was not satisfied with the government investigation and its appointment of Special Investigation Team headed by retired judges to probe the issue.
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Indian telecom sector has at present around 13 mobile phone service providers with some of them expected to go for consolidation once the final guidelines are in place.
For 2011-12, there were 7,56,741 foreign remittances made from India with money worth Rs 3,56,461 crore (Rs 3,564.61 billion) going out of India
Yoga guru Ramdev, who had declined Padma Vibhushan award, on Saturday said that a lot of lobbying takes place behind the selection of Padma and even Nobel prize awardees and those with political influence succeed.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
Hardening prices of manufactured items during the month may refrain the Reserve Bank of India from cutting rates in its policy review on February 8.
Trai chairman Rajiv Khullar says, India has to pull up its stocks in order to achieve financial inclusion.
Spectrum auction proceeds to help plug fiscal deficit: Moody's.
There have been many efforts in the past to develop Mumbai into an IFC, while an expert group was also set up by the government years ago to study this possibility.
About 2,000 MHz will be put up for auction in bands such as 700 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz and 2,500 MHz
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.
Welcoming the launch of the Bharatiya Mahila Bank, India Inc on Wednesday said the initiative will propel women's financial inclusion, encourage female entrepreneurs and empower women in the country.
For online fraud, approach cyber cell and file a complaint.
Frauds can have immediate impact on the banks' financials and can also cause a systemic risk in extreme cases
The minister had last month said that the guidelines will be out by October 15.
Modi is keen to restart big projects which are stuck for various reasons.
RBI had previously cut repo rate by 0.25 per cent each in January and March.
Business houses expect rate cut in next RBI policy.
Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars
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