'It is entering growth territory on a month-on-month basis.'
The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society, reports Arup Roychoudhury.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
'We have not been able to use the potential of our location in the region and the world and our strength as a nation and an economy to establish an EU-like structure in South Asia,' points out Aakar Patel.
Rafael Callejas, the former president of Honduras, on Monday flew to the United States where he has been indicted for alleged links to a multimillion-dollar bribery scheme at the world soccer governing body FIFA.
As the 2019 election draws near, investors focus on long-dated options.
The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.
Economists polled in a recent survey by Ficci unanimously felt that the rupee will continue to be under pressure in 2018-19
The CM also accused the Modi government and the BJP of trying to disturb peace.
Winding down quantitative easing will be messy for the West and a big problem for India.
A massive outflows of foreign funds on the back of stricter participatory notes and renewed possibility of Fed lifting US interest rates largely impacted the domestic unit.
After 16 increasingly frantic days that tried the faith of the financial markets in the United States' institutional soundness, the US Congress has finally agreed on a deal that would postpone a showdown on federal government spending and borrowing for a while.
Ending speculation around the merger of Indian Super League with I-League, the All India Football Federation on Tuesday virtually recognised ISL as the country's premier league as per a new roadmap, which will have three more seven-month leagues in a hierarchical system from 2017 onwards.
The plotters are believed to have included six men and one woman, all in their 20s, who allegedly planned to plant bombs and use knives and firearms to launch a "multi-node" attack at Federation Square, Flinders Street Station and St Paul's Cathedral.
The declining exports would have implications for the job market.
The International Association of Athletics Federations (IAAF) chief Sebastian Coe empathises with the plight of Indian sprinter Dutee Chand, whose career has been hit by the controversial 'gender testing' issue, but insists it needs to create a "level-playing field" for all athletes.
While okra was being sold for Rs 100-120 a kg and cauliflower for Rs 120-140 a kg in Mumbai and its suburbs, all other vegetable prices have increased by almost 100 per cent since July 20.
Tightening the noose around whistleblower IAS officer Ashok Khemka, Haryana government is preparing a second charge sheet against him for alleged low sale of wheat seeds during his tenure in Haryana Seed Development Corporation as its managing director from October 15, 2012 to April 4 this year.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
I-League-ISL merger likely after three years
The strike call is against the imposition of local body tax and local panchayat tax that the Maharashtra government had imposed in lieu of Octroi.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
Though it will tackle the tangled web of permissions required for a project, a bottom-up approach would be more effective.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
'The Modi government is not listening to us. So now we are coming to Delhi to talk with the central government.'
'Rawalpindi must downsize its quest for 'strategic depth' in Afghanistan and Kashmir,' suggests Matein Khalid.
'With 1.3 billion consumers, India's market has great potential.'
The benchmark BSE Sensex closed 0.53 per cent lower at 28,469.67 points.
'The prospect is of a self-confident and self-sustaining India will make it a more effective player in the global arena,' External Affairs Minister Dr Subrahmanyam Jaishankar points out delivering the Sardar Patel Lecture-2020: India and the Post-Covid World.
Uber and Ola continued to operate in New Delhi while their licence applications were pending approval.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
The regulator is now planning to bring in other workers in the aviation ecosystem under the purview of the breath-analyser test. It will include air traffic control officers (ATCOs), ground-handling personnel, flight despatchers, aerodrome operation personnel and engineers.
Six soccer officials were arrested in Zurich on Wednesday and detained pending extradition to the United States over suspected corruption at soccer's governing body FIFA, the Swiss Federal Office of Justice (FCOJ) said in a statement.
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