indian economy


Wish Amartya Sen spends some time in India to see structural reforms: Niti Aayog VC

Jul 15 2018

Days after Amartya Sen lamented that India has taken a quantum jump backwards since 2014, Niti Aayog Vice Chairman Rajiv Kumar today said the Nobel laureate should spend some time in the country to see the structural reforms undertaken by the Modi government.

RBI to go for another 0.25% rate hike in August: BNP Paribas

Jul 13 2018

Brokerage BNP Paribas today said the Reserve Bank of India (RBI) will go for another 0.25 per cent hike in key policy rates at its August monetary policy review, a day after an official data showed retail inflation rising to a five-month high of 5 per cent in June.

Government bonds slip, call rates rule steady

Jul 13 2018

The 7.17 per cent 10-year benchmark bond maturing in 2028 declined to Rs 95.8875 from Rs 95.9625, while its yield inched up to 7.79 per cent from 7.78 per cent.

India poised to pip Britain to become 5th largest economy next year: Jaitley

Jul 13 2018

Union Minister Arun Jaitley on Friday exuded confidence that India will pip Great Britain to become the fifth largest economy in the world next year if economic expansion continues at the projected rate.

India, 6th largest economy, has long way to go as per capita income still low: Kumar

Jul 12 2018

Emergence of India as the sixth largest economy was very much expected but still there is a long way to go as the per capita income of the country is still low, Niti Aayog vice chairman Rajiv Kumar said.

States slip on fiscal targets on farm loan waivers, GST: RBI

Jul 12 2018

Higher expenditure on salaries and farm loan waivers, coupled with a revenue shortfall on GST implementation, led to a slippage of 0.35 per cent in states' fiscal targets to 3.1 per cent in 2017-18, the RBI said.

Government bonds firm up, call rates turn lower

Jul 12 2018

The 7.17 per cent government security maturing in 2028 rose to Rs 95.9625 from Rs 95.37, while, its yield slid to 7.78 per cent from 7.87 per cent.

India emerges as world's 6th largest economy, surpasses France: WB data

Jul 11 2018

India emerged as the world's sixth largest economy in 2017 surpassing France and likely to go past the United Kingdom, which is at the fifth position, according to an analysis of data compiled by the World Bank.

Government bonds rebound, call rates turn higher

Jul 11 2018

The 7.17 per cent 10-year benchmark bond maturing in 2028 rose to Rs 95.37 from Rs 95.19, while its yield moved down to 7.87 per cent from 7.90 per cent.

Rupee to remain at 68-72 against USD in near term: UBS

Jul 11 2018

The rupee is expected to be around 68-72 against the USD in the next 2-4 months, and the depreciation bias in the domestic currency is likely continue, says a UBS report.

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Global Markets


Stocks In News



ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh


In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis


Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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