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Top Economy News of the Day

India Infoline News Service | Mumbai | August 01, 2015 10:19 IST

The fall in international crude prices continues to benefit Indian consumers. Petrol price was cut by Rs. 2.43 per litre and diesel by Rs 3.60 a litre.

EPFO to enter capital market on Aug 6: K.K. Jalan

India Infoline News Service | Mumbai | August 01, 2015 07:16 IST

According to the Finance ministrys norms Employee Provident Fund Organistaion (EPFO) can invest upto 15% but the Central Board of Trustees (CBT) allows only upto 5% to start with, said Jalan.

Top economy news of the day

India Infoline News Service | Mumbai | July 31, 2015 17:16 IST

As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 per cent of its shareholding in Hindustan Copper Ltd, Parliament was informed today

June eight core industries grow at 3%, coal, fertilizer show positive trends

India Infoline News Service | Mumbai | July 31, 2015 17:02 IST

The combined Index of Eight Core Industries stands at 171.2 in June, 2015, which was 3 % higher compared to the index of June, 2014. Its cumulative growth during April to June, 2015-16 was 2.4 %.

Govt seeks $4 bn capital boost for PSBs: FM

India Infoline News Service | Mumbai | July 31, 2015 13:33 IST

Finance Minister asked the lower house of parliament to agree to additional spending of Rs. 255 bn.

Top Economy news of the day

India Infoline News Service | Mumbai | July 31, 2015 10:07 IST

Government is looking at possibility of enhancing the capital allocation for public sector banks (PSBs) during this fiscal, Finance Minister Arun Jaitley said to the Rajya Sabha.

Top economy news of the day - July 31, 2015

India Infoline News Service | Mumbai | July 31, 2015 07:57 IST

Moody's cautioned against tampering with the independence of the Reserve Bank of India in deciding on interest rates saying it would hurt India's economic prospects.

Govt to print 15 crore notes of Re 1 denomination every year: Jayant Sinha

India Infoline News Service | Mumbai | July 31, 2015 07:08 IST

The government has decided to print 150 mn one rupee notes per annum, he said.

Govt may enhance capital allocation for PSBs: FM

India Infoline News Service | Mumbai | July 31, 2015 06:39 IST

A budgetary allocation of Rs. 7,940 crore has been made in this regard during the current fiscal, FM said.

Moody's expects RBI to cut rate

India Infoline News Service | Mumbai | July 30, 2015 18:17 IST

Moody's reportedly said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 per cent to push growth

Top Economy News of the day

India Infoline News Service | Mumbai | July 30, 2015 17:31 IST

Mobile telephony services may have been given the status of essential services in 2013, but telecom operators continue to battle cell site closures across India.

Fed meet outcome: What does the fineprint indicate?

India Infoline News Service | Mumbai | July 30, 2015 16:58 IST

For now, Fed has retained interest rates at near-zero level, which has now been at a record low for six-and-a-half years. The US central bank's decision to cut the rate to such a low level in December 2008 was aimed at boosting growth in the economy amid the global financial crisis.

Stern surveillance would soon bust any unscrupulous practices : Sebi Chief, U K Sinha

India Infoline News Service | Mumbai | July 30, 2015 15:03 IST

The strong surveillance system of the Securities and Exchange Board of India tracks all tradings happening in the country and the regulator gets alerts for all the trading, said Sinha in an interview to PTI.

June production data buoys Japan, recovery still to be cemented

India Infoline News Service | Mumbai | July 30, 2015 12:17 IST

An expansion of 0.5 per cent in July and 2.7 per cent rise in August is expected as per an industry ministry survey of manufacturers' output projections.

Moody's: India's true potential of GDP growth rate lies somewhere near 10%

India Infoline News Service | Mumbai | July 30, 2015 11:57 IST

"The government's failure to deliver promised reforms is the major impediment," says the Moody's report. Moody's said that the key reforms such as the land acquisition bill, flexible labour laws, and the goods and services tax have failed to pass parliament.

Top Economy news of the day

India Infoline News Service | Mumbai | July 30, 2015 10:39 IST

Central government agencies SFAC and Nafed have decided to move their onion stocks from Nashik to Delhi as retail prices have almost trebled within a month.

Urban India and its Female Demographic Dividend

Indiaspend.org | Mumbai | July 30, 2015 09:50 IST

The growth in the urban female workforce is characterised by two trendsmore than 60% of urban females are a part of the informal sector while unemployment is the highest among urban females with graduate degrees and above, with an unemployment rate of 15.7%, much higher than other demographic groups.

Top economy news of the day - July 30, 2015

India Infoline News Service | Mumbai | July 30, 2015 08:01 IST

Debt restructuring by state power distribution companies' only postpones their financial stress and it doesn't lead to a permanent solution, according to India Ratings.

frugal engineering can drive growth by 9-10%: Amitabh Kant

India Infoline News Service | Mumbai | July 30, 2015 06:35 IST

Kant said that 22% of the patents filed from India are done by Indian companies while 78% were done by Multinational companies operating from India.

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Recent Reports

Revival some time away

India Infoline Research Team / 10:30, Jul 13, 2015

Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14

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