Top economy news of the day
Amid widening trade gap, the Current Account Deficit (CAD) this year is likely to exceed 4.2 % of GDP recorded in 2011-12, said Prime Minister’s Economic Advisory Council (PMEAC) Chairman.
Wholesale price index (WPI)-based inflation for January touched a three-year low of 6.62 %, down from 7.18 % last December.(BL)
Seeking to unfreeze idle gold, the RBI today made the gold deposit scheme of banks more attractive by lowering the investment time period and allowing mutual funds to participate in the scheme.(BL)
Meeting the Cotton Advisory Board's (CAB) export target of 8 mn bales this cotton year (October to September) might be a tall order.(BS)
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India Infoline Research Team / 10:47, Aug 24, 2015
In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.