100 days of note ban: Markets recover lost ground, foreign outflows stem
Uploading Date : 16-02-2017Its 100 days of demonetisation and the stock markets have largely escaped unscathed. The 30-share Sensex currently is around 28,200 compared to 27,590 just before the government’s decision to recall 500 and 1,000 demonetisation notes–86 per cent of currency in circulation.......
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Government sees record foodgrain output at 271.98 mt for 2016-17
Uploading Date : 16-02-2017The government has forecast a robust 8% growth in farm output this year after bountiful monsoon rains, raising prospects of stronger rural demand for consumer goods, automobiles and gold, and strong economic growth. The strong growth comes after a drought ravaged the fields for two years and heightened rural distress, but the expected output betters the record production of 2013-14 by 2.6%..............
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HDFC Bank, Indraprastha Gas, Gruh Finance hit record highs in weak market
Uploading Date : 15-02-2017HDFC Bank, Gruh Finance, Indraprastha Gas (IGL), SJVN, L&T Finance Holdings, AIA Engineering and Alkem Laboratories from the BSE500 index have hit their respective all-time highs on the BSE in intra-day trade in an otherwise weak market......
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India Ratings pegs GDP to grow 7.4% in FY18
Uploading Date : 15-02-2017India Ratings and Research, a Fitch Group company, expects Indian economy to grow 7.4% in 2017-18 buoyed by consumption demand and government spending...........
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NIIF to raise Rs 8,000 crore in FY18, fund projects of Rs 16,000 crore
Uploading Date : 14-02-2017The National Investment and Infrastructure Fund (NIIF) plans to raise Rs 8,000 crore from various sources to fund projects worth Rs 16,000 crore for the next fiscal..........
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Fuel prices pushes WPI inflation to 5.25 per cent in January
Uploading Date : 14-02-2017Wholesale prices in the country continued to rise in January, under pressure from rapidly increasing diesel and petrol prices. The Wholesale Price Index (WPI)-based inflation for January went up to 5.25 per cent from 3.39 per cent in December and 3.15 per cent the month before..............
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'Note ban negative for auto asset backed loan in short term'
Uploading Date : 13-02-2017Demonetisation has negatively impacted the performance of Indian auto asset backed loans in the short term and the effect will last until March, Moody's Investors Service today said.......
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CPI inflation likely to ease at 3.2%
Uploading Date : 13-02-2017The consumer price index-based inflation is likely to come down in January to the lowest in the new series due to subdued demand post-demonetisation and base effect before spiking up again in the next two months.............
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