In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from transport to mandis to purchase prices, this is unsurprising.........
See full articleSajjan Jindal-led JSW Infrastructure is looking to raise about Rs 1,000 crore by offloading 10 per cent of shares to private equity or strategic partners, its CEO Capt BVJK Sharma told ET, as it sets its sight on public listing in two years..........
See full articleManufacturing sector growth in India got hampered in November as rupee demonetisation weighed on new work flows, buying activity and production, while subdued inflationary pressure may prompt Reserve Bank of India (RBI) to reduce key policy rate, a monthly survey said on Thursday...........
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