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  Business   Economy  02 Oct 2017

Business, Economy, 02 Oct 2017

Fitch downgrades India's growth forecast to 6.9 per cent

Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest expansion since 2010.

02 Oct 2017 7:23 PM

Operationalising individual insolvency norms a priority: IBBI Chairman

In one year of existence, the Insolvency and Bankruptcy Board of India (IBBI) has already put in place the infrastructure ecosystem.

02 Oct 2017 6:26 PM

First US oil shipment to India arrives at Paradip

MT New Prosperity, with a capacity to haul two million barrels of crude, left the US on August 19 and arrived at Paradip on Monday.

02 Oct 2017 5:07 PM

RBI seen keeping rates on hold on inflation concerns

RBI has made a priority of maintaining consumer inflation at around 4 per cent with a band of -/+2 per cent.

02 Oct 2017 4:45 PM

Molestation worrisome, need confidence-building measures, says Assocham

The fear of law must be instilled among those who are prone to commit heinous crime, it added.

02 Oct 2017 4:36 PM


Smartphones made in India? Manufacturing ambition hits hurdles

While phones are assembled domestically, locally made content in those phones is usually restricted to headphones and chargers.

02 Oct 2017 3:17 PM

Jaitley says comment on people's right to demand development was 'misquoted'

Finance Minister Arun Jaitley on Monday rendered a clarification on his Valedictory Address at NACIN.

02 Oct 2017 2:22 PM

Skill India ads to feature 'aam aadmi' for effective outreach

Officials in the Ministry of Skill Development and Entrepreneurship said it is now focused on showcasing common man success stories.

02 Oct 2017 1:25 PM

Bandhan Bank plans to expand, add 60 branches in 6 months

As a result of this, MD and CEO Chandra Shekhar Ghosh said, the bank would also add 2,000 people to the workforce.

02 Oct 2017 12:55 PM

Govt expects helping hand from RBI in form of rate cut amidst slowdown

The Monetary Policy Committee of the RBI is scheduled to come out with next bi—monthly monetary policy decision on October 4.

02 Oct 2017 12:33 PM


FPIs take Rs 11,000 crore off equities in September

Net outflow by foreign portfolio investors follows withdrawal of Rs 12,770 crore from equities in August.

02 Oct 2017 12:24 PM

GDP to hit USD 6 trillion by 2027 on digital leap: Morgan Stanley

India's GDP growth slipped to a three-year low of 5.7 per cent in April-June.

02 Oct 2017 11:12 AM

'Mega deals power PE investments in 2017 to all-time high'

Private equity firms invested about USD 17.6 billion in Indian companies in first nine months of 2017.

02 Oct 2017 11:02 AM

RBI policy, PMI data hold key to stock markets this week

Market participants are now primed for the upcoming RBI policy review slated for October 3-4.

02 Oct 2017 10:29 AM

Scope for lower slabs under GST, says Arun Jaitley

Mr Jaitley said that when people have the right to demand development, they also have the responsibility to pay what is required for the development.

02 Oct 2017 2:23 AM