Notes in circulation have increased since demonetisation

New Delhi (IANS) The notes in circulation (NIC) in the economy have increased to Rs 22,420 billion in November 2019, as compared to Rs 17,741 billion on November 4, 2016, just before Prime Minister Narendra Modi announced the demonetisation measure,…

RBI may cut rate by 35-40 basis points

NIFTY made a new lifetime high on Tuesday, November 26, and did so again two days later. Friday saw a sharp correction with the expected weak GDP numbers. The week ended with the BSE SENSEX gaining 434.40 points or 1.08 per cent to close at 40,793.81…

Japan not to join RCEP without India's participation

New Delhi (IANS) In a major boost to India's stand on not joining the trade bloc which includes China, Japan has clearly said that it is not considering signing the Regional Comprehensive Economic Partnership (RCEP) without India's participation.

FM hints at more interventions amid growth pangs

New Delhi (IANS) Finance Minister Nirmala Sitharaman said on Saturday that several significant steps in structural reforms have been taken in the past few months and responses/interventions addressing the needs of the economy will continue, indicating…

Petrol, diesel prices rise again

New Delhi (IANS) Petrol and diesel prices rose again on Friday, while in the international market crude oil prices edged lower for the third consecutive day.

Petrol has become costlier by five paise per litre in Delhi, Kolkata and Chennai and…

Poor core sector, IIP growth hint at 4-4.5 Q2 growth: Sources

New Delhi (IANS) The quarterly growth figures for July-September to be released on Friday later by the Ministry of Statistics and Programme Implementation -- with most estimates pointing towards 4.3-4.7 per cent growth -- lower than Q1 growth of 5…

Petrol prices remain unchanged for 2nd day

New Delhi (IANS) Petrol prices remain unchanged for the second consecutive day on Thursday, when oil marketing companies did not change diesel prices either for the fourth day in a row.

Besides, crude oil prices have also been seen softening…

Centre mulls more relief for real estate sector, NBFCs

New Delhi (IANS) In a bid to help the NBFCs and real estate companies, the Centre is considering more relief measures for both stressed sectors. In the past few months the government has announced few measures to ease liquidity and the credit crunch…

Sensex opens 150 pts up, Nifty above 12,100

Mumbai (IANS) The Indian markets on Wednesday opened over 150 points higher led by gains in banks and financial service stocks.

Analysts said market sentiment have turned positive after latest indications of some encouraging progress in US-China…

Providing data 'free of cost,' says Ministry of Statistics

New Delhi (IANS) Amid sharp criticism from home and abroad over allegations of suppressing macro-economic data, the Ministry of Statistics on Wednesday said that the National Statistical Office (NSO) has been providing primary data "free of cost".