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Economy News

DHFL

EPF scam: UP economic offences wing to question Union Agriculture Secretary

According to UP Police's Economic Offences Wing, they need to record the statements of all members of the trust when the funds were invested into the Dewan Housing Finance Corporation Limited (DHFL). Nov 11, 2019
Real estate

Major NCR real estate projects to be excluded from govt stress-fund

The fund would not be used to support projects which are facing litigations in high courts and the Supreme Court. Nov 11, 2019
Finance Minister Nirmala Sitharaman

Govt collects Rs 12,995.46 crore through disinvestment deals; target Rs 1.05 lakh crore

The government is looking to divest up to 25 per cent stake in another railway subsidiary - RailTel Corporation - through an IPO. Nov 10, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Next week, companies like Adani Ports, Coal India, Hindalco, India Cements and Vodafone Idea amongst others are expected to announce their quarterly results. Nov 10, 2019
india, moody, lobbied, economy, modi, budget 2017

Moody's negative outlook rating: Govt says 'India's standing unaffected'

Soon after Moody's cut India's credit rating outlook to "negative" from "stable", the government strongly reacted issuing a statement to the development. Nov 8, 2019
Ravi Shankar Prasad

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms. Nov 7, 2019
Oil Minister Dharmendra Pradhan

India seeks foreign investments in oil and gas sector says petroleum minister

In an energy conference in New Delhi, Dharmendra Pradhan said that India will secure capital, world-class technology and implement policy reforms to become an international energy leader. Nov 7, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank. Nov 6, 2019
onion

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country. Nov 6, 2019
Gold

India gold demand to hit three-year low as prices surge to record: World Gold Council

Gold demand in 2019 could drop 8 percent from a year ago to around 700 tonnes, the lowest since 2016. Nov 6, 2019
Nirmala Sitharaman

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing. Nov 6, 2019
India US trade

Indian export to US increased by $755 million due to trade war with China: Report

Trade diversion effects for India were smaller compared some other countries, "but still substantial". Nov 6, 2019
India shipping ports

Here's why Indian government is mooting ten mega parks near ports

In the latest global competitiveness report, India slipped ten places to get 68th rank. Nov 5, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex crosses 40,400 to hit record high; Nifty above 11,900

The Sensex gained for the seventh straight session over the strong inflow of foreign funds and better than expected earnings post the corporate tax cut. Nov 4, 2019
State Bank of Indi

SBI to auction NPAs worth Rs 700 crore in November to recover dues

There will be three auctions in the month and the total amount outstanding is Rs 700.34 crore, according to SBI's auction plan. Nov 4, 2019
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