Wholesale inflation slips, but vegetable prices rise in April; will RBI cut rates?

Even as retail inflation picked up, wholesale inflation slipped in April on cheaper fuel and manufactured items official data  showed Tuesday. Wholesale price-based inflation stood down at 3.07 per c

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PSU insurance firms cry foul: Private sector insurers taking market with ‘unfair practices’

The public sector insurers claimed that ‘unfair market practices’ by private insurers have resulted in them losing out heavily in the motor business.

GST collection figure in april 2019 News

US-China trade war: Donald Trump remains adamant despite tariff retaliation

"Out of the billions of dollars that we're taking in, a small portion of that will be going to our farmers because China will be retaliating, probably, to a certain extent, against our farmers," Trump

US-China trade war, Donald Trump, Chinese products, import duty on Chinese products, china, White House, US China trade tension News

Growth in energy investment highest in India, says IEA report

Energy investment has risen most rapidly in India in three years till 2018, up 12% to around $85 billion, the International Energy Agency (IEA) said in its latest report.

Economy News

Trade tussle: India voices concern over ‘existential’ threat to WTO

The commerce secretary pitched for reforming the multi-lateral trade body, which is characterised by a “complete lack of balance”.

Economy News

CBDT says officers to meet assessees in second half of May to clear pendency

In a letter to zonal heads of its field formations, the CBDT has directed assessing officers to meet applicants and counsels who seek explanation for their cases.

Economy News

Subdued industrial growth needs big boost

Industrial production for FY19 was below the expectations. At 3.6% growth rate it was lower than last year’s 4.4%.

Economy News

Unfazed China hikes tariff on US products; says will not succumb to Trump’s pressure tactics

As the two trading giants and top economies were locked in a bruising trade war, President Trump on Monday warned the Communist giant not to impose retaliatory tariffs on American products.

Economy News

Trade war: Donald Trump says US is ‘where we want to be’ on China trade talks

After the near collapse of trade talks with China last week, Trump on Friday imposed punitive duties on USD 200 billion worth of Chinese imports, raising them to 25 per cent from 10 per cent, and aske

Economy News

India to continue trailblazing growth, but will be outpaced by this neighbour by 2030

The next global economic expansion would be dominated by Asia as most of the prominent economies of the continent would grow at nearly 7 per cent in the coming years, a global report said.

Economy News

April retail inflation climbs to 6 month high of 2.92% as food prices rise again

Retail inflation surged to a six-month high of 2.92 per cent in April due to rise in prices of food items from abnormally low levels, said the data released by the Central Statistics Office (CSO).

Rupee slips 24 paise to 69.46 vs US Dollar in early trade News

Inflation may top government estimates, set to test RBI target

Even as retail inflation remained down for five fiscal years now, it is expected to rise in FY19, a report said.

Economy News

Despite the jump in ease of doing business, India sees huge exodus of millionaires

Despite the government’s thrust on improving ease of doing business, India saw the largest migration of its high net worth individuals in 2018 after China and Russian Federation.

RD Vs PPF Vs ULIP Vs MF, How long will it take to become crorepati, Recurring Deposit, RD, Public Provident Fund, PPF, Unit Linked Insurance Plan, ULIP, Mutual Fund, MF News

India likely to add 80 GW of renewable energy capacity in next 5 years: Survey

About 73 per cent of the respondents are optimistic about the growth prospects of the Indian renewable industry.  Around 78 per cent the respondents feel that the government has propelled industry gr

renewable ebergy, renewable ebergy sector News

Sugar exports surge to 21.29 lakh tonnes so far this marketing year

Out of the 21.29 lakh tonnes exported between October 1 and April 6, raw sugar accounted for 9.76 lakh tonnes, the All India Sugar Trade Association (AISTA) said in a statement.

Sugar technologists seek hike in MSP to Rs 3,600/quintal News

US-China trade war: Companies bracing for Beijing’s retaliation in tariffs dispute

A foreign ministry spokesman said Monday that he had no details about Chinese plans or high-level contacts since negotiations ended Friday without a deal.

Economy News

Collapse of WTO’s dispute system, imbalance in reform agenda to impact developing nations: India

Currently, any WTO member can designate itself as a developing country and avail these benefits.

Economy News

China says it will never surrender to foreign pressure amid trade dispute

Geng declined to comment on what countermeasures China planned to announce in response to the U.S. tariff hike on $200 billion worth of Chinese goods on Friday.

Economy News

Rising tomato, onion, milk prices to be first test for next govt, even as inflation not election issue

Even though inflation may not have been a major issue these elections, it may become a serious concern for the next government.

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What will drive the share market today: US-China trade deal, inflation and other key things to watch out for

Indian headline indices- Sensex and Nifty are likely to open lower on Monday morning amid trade tensions between the world's two super power economies US and China.

Valuation Of Top Companies, 10 most valued Indian companies, RIL, TCS, market capitalisation, m-cap, Sensex, Stock Market, आरआईएल, Share Market News

Out of woods? Pakistan secures $6 billion IMF bailout to ease economic crisis

Rigo noted the efforts to stabilize the nation’s economy but said more needs to be done.

Economy News

No tariff king: India’s import duties low, Donald Trump’s jibe misplaced

US President Donald Trump may call India the “tariff king”, but data show New Delhi has exercised “maximum self-restraint” in taxing imports.

Economy News

Ease of Doing Business: Commerce Ministry seeks cut in compliant burden on firms

Sources said that commerce ministry earlier this week approached the MCA requesting it to explore options regarding bringing down the number of compliances companies have to follow to reduce their reg

Economy News

US banding together with India, like-minded nations to protect sovereignty of Indo-Pacific, says Mike Pompeo

The United States has bolstered its military presence in the South China Sea, and have put nations on notice around the world that the sale of key infrastructure and technology companies to China thre

India, indian economy, US, trade barriers, indian trade barriers, economy news

In Modi, India saw its Shinzo Abe to lift economy. Instead, he badly undershot expectations

"The chief minister of Gujarat state had just been chosen by his party to become the next prime minister if it won the popular vote. Writing for Reuters then, I predicted he could lift the country’s

Economy News

Hinduja brothers top UK rich list, Reuben brothers second

Indian-origin brothers dominate the annual rich list of Britain's wealthiest, with the Hinduja brothers ranked at No. 1 with a fortune of 22 billion pounds followed by Mumbai-born Reuben brothers in s

Economy News

Govt to set up panel under DGFT to look at steel availability for engineering exporters

The government has decided to set up a committee under the Director General of Foreign Trade (DGFT) to look into availability of steel at competitive prices for engineering goods exporters, an officia

Economy News
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