India News

India's gold imports fall 30% till November in FY2016-17

In the first eight months (April-November) this year, gold imports into India dropped by $6.9 billion, or 30.5 percent.

Dec 16, 2016

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India: Gold imports rise 23%; exports increase 2.2% in November

The increase in gold imports in demonetisation-hit November pushed up trade deficit to $13 billion.

Dec 15, 2016

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Titan, TBZ, PC Jeweller shares fall at a higher clip than gold prices since demonetisation

Gold demand has remained subdued since demonetisation, leading to bearish market sentiments for Titan, TBZ and PC Jeweller.

Dec 15, 2016

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Coal India net profit plunges 77% in September quarter

The fall in Q2 consolidated net profit for Coal India was marked by drop in income and increase in employee costs.

Dec 13, 2016

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RBI says supply of smaller denomination notes is at record high

RBI deputy governor R Gandhi said 19 billion notes of smaller denominations have been supplied since demonetisation.

Dec 7, 2016

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OPEC meeting, crude oil output data, other related statistics [PHOTOS]

The decision of the 14-member OPEC to cut output on November 30 was the first in eight years, triggering a rally in oil prices.

Dec 3, 2016

Demonetisation to pour cold water on Monte Carlo Fashions during peak season

The October-December quarter accounts for almost 55 percent of total revenues for Monte Carlo Fashions; demonetisation is bad news.

Dec 1, 2016

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Indian economy cools down to 7.1% in September quarter

The GDP growth rate for H1, FY2017 is also 7.1 percent, as disclosed by Commerce and Industry Minister Nirmala Sitharaman on Monday.

Nov 28, 2016

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FIIs on a selling spree on Indian stock markets; Sensex ends week on cheerful note

For the week ended November 25, foreign institutional investors (FIIs) sold Indian stocks worth Rs 5,421 crore.

Nov 26, 2016

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Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival.

Nov 25, 2016

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India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices.

Nov 23, 2016

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Demonetisation effect: Retail inflation to fall further, says Nomura analyst

Perishable and non-perishable food items show divergent trends since demonetisation; overall, it's bound to reduce inflation.

Nov 23, 2016

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Switzerland will soon cease to be haven for tax-evading Indians

India and Switzerland sign an agreement whereby Indian tax authorities will be accessing data on money stashed in Switzerland.

Nov 22, 2016

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Indian Army gets 5,000 bullet proof jackets, 7 years after planning to procure 3.54 lakh sets

In 2009, the defence ministry approved buying of 3,53,765 bullet proof jackets (BPJs) but quality-related issues hit procurement.

Nov 22, 2016

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Indian rupee falls to hit 9-month low; foreign investors turn net sellers on stock markets

The rupee has been falling steeply to the US dollar since demonetisation even as FIIs are on a selling spree on stock markets.

Nov 18, 2016

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Demonetisation decision by PM Modi 'worst mistake of his career': The Economist

PM Narendra Modi's move to demonetise high-value currencies evokes different views from the Economist and the Financial Times.

Nov 18, 2016

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India's exports rise sharply in October, gold imports spurt; trade deficit widens

External trade data for October shows exports rise almost 10 percent and imports increase 8 percent; gold imports up 108 percent, YoY.

Nov 15, 2016

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Sensex loses 1,200 points in two days over global cues, demonetisation woes

Benchmark indices BSE Sensex and NSE Nifty lose heavily over demonetisation chaos, global headwinds, despite fall in retail inflation.

Nov 15, 2016

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India witnesses heightened activity in currency, banking, stocks, forex

Select currencies demonetised, chaos in banking system; stock markets crash on global worries over likely interest rate hike by US Fed.

Nov 12, 2016

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Sensex, Nifty end with gains ahead of crucial US election results

Sensex, Nifty gain tracking Asian equities on FBI's decision not to pursue probe into Hillary Clinton's emails.

Nov 7, 2016

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