The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
A pinch of turmeric in a glass of milk or with honey in hot water would be ideal for the monsoon.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
Sensex is trading firm; FMCG, real estate going strong.
In April, the World Bank had projected India's GDP would grow at 6.1 per cent in the current financial year and at 6.7 per cent the following year.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
The company will invest $747 mn to increase production from D1, D3 and MA fields.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
IMF said the repercussions from India's currency exchange initiative will likely persist through the first quarter of 2017.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
A glance back at some important events that occurred in 2018.
Enhanced revenue generation is a priority for the government.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
The fiscal deficit for 2015-16 may eventually come down to the targeted level of 3.9 per cent of GDP.
India's economy grew at 7.6 per cent in 2015-16.
India Inc is encouraged by a determined Budget.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.
Humanitarian intervention has little meaning unless the international community is willing to engage in the aftermath, says Shyam Saran.
Since 2000-01, the Indian economy has shown the tendency of being unable to absorb all domestic savings as investments.
Studies suggest net benefits of hydro-power, nuclear energy or natural gas as sources of electricity are greater than those of wind and solar.
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
Trade between India and Indonesia stands at $20 billion.
In the pitch dark of the African night, a herd of cape buffaloes gather at the watering hole for a drink, taking care to stay by the edge to avoid the crocodiles lurking in the depths. In Gangiova, a village in Romania, a doctor places her stethoscope to the chest of a newborn baby, listening intently for the beating of his tiny heart. These are just some of the moments that have been picked by the judges for the Sony World Photography Awards. For the 2017 competition, photographers entered 227,596 images across the awards' Professional, Open and Youth categories. The Open competition winner will receive $5,000 (Rs 3.3 lakh), Sony digital imaging equipment and flights and accommodation to the awards ceremony at Somerset House in London. Sony World Photography Awards has been kind enough to share some of their shortlisted pieces with us.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances