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For infrastructure sector, 2019 could be a landmark year in terms of investments. In the first four months of 2019 itself, private equity and venture capital investments in infrastructure sector has surpassed the previous annual high of 2007.

Business

Eight core sectors growth slows down to 0.2 pc in June

During April-June, the eight sectors grew by 3.5 pc compared to 5.5 pc in the same period last year.

31 July 2019 6:07 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Business

India 10-yr bond yield drops as FPIs shift from equities to debt

Investors have moved to debt; net inflows amounted to USD 1.3 billion as of July 1-29.

31 July 2019 1:40 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Business

Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 July 2019 2:48 PM IST

Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)

Business

Govt announces welfare board for traders

The central government will nominate chairman and up to 15 members to the Board, said notification of DPIIT.

29 July 2019 7:16 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Business

FM Sitharaman seeks more rate cuts, says no review on overseas...

India's benchmark 10-year bond yield was down 10 bps at 6.43 per cent after falling to 6.42 per cent.

29 July 2019 11:14 AM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Business

Finance Minister Nirmala Sitharaman says no rethink on overseas...

I am not doing any review. I have not been asked by anybody to do a review, said FM Nirmala Sitharaman.

28 July 2019 2:20 PM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI report on development of secondary market for corporate loans...

RBI is also likely to release another report on housing finance securitisation by August-end.

28 July 2019 1:24 PM IST

Business

Garg says none in govt questioned offshore bonds issue when he was DEA...

The sovereign bond issuance was basically intended to ease the pressure on the domestic availability of resources.

27 July 2019 11:32 AM IST

Business

PMO asks FinMin to conduct detailed study on issuance of overseas...

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

26 July 2019 9:11 AM IST

Delivering the 31st endowment lecture of the Intelligence Bureau in Delhi, Union Minister Nitin Gadkari said unity and diversity are an integral part of Indian culture. (Photo: Twitter | @nitin_gadkari)

Business

MSME portal to be launched soon: Gadkari

MSME Minister Nitin Gadkari said that it will generate a turnover of Rs 10 lakh crore in two years of its launch.

25 July 2019 2:38 PM IST

Business

India's air passenger traffic to touch 1 billion, says Puri

On Thursday, civil aviation minister told Lok Sabha that government had taken a decision to privatise six airports.

25 July 2019 2:10 PM IST

Business

RBI to cut rates again in August as doves prevail: Report

India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.

25 July 2019 11:48 AM IST