Top economic news of the day

India Infoline News Service | Mumbai |

India's services exports in the first month of 2014-15 stood at US$13.63bn, marginally lower than US$14.32bn in March 2014, as per RBI data.

Merger and acquisition activity in India showed a significant uptrend during May as the month witnessed transactions worth US$4.4bn, taking total deal tally to US$16.37bn in the first five months of this year. (BS)

Finance Minister said fiscal disciplining is required to put the economy of the country back on tracks as India has witnessed two successive years of sub-5% growth. (BS)

Vowing to end the misery in the electricity sector, new Power Minister has set transmission and distribution as his focus areas and is working to bring states on board for reforms. (BS)

India's services exports in the first month of 2014-15 stood at US$13.63bn, marginally lower than US$14.32bn in March 2014, as per RBI data. (BS)

A strong government at the Centre and stability in macro economic factors are likely to keep rating outlook of the country's public sector banks stable for some time, says a report by rating agency Fitch. (BL)
 

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