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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Ford to invest $1 bn in artificial intelligence start-up
Uploading Date : 11-02-2017Ford will invest $1 billion over five years in an artificial intelligence startup with the aim of developing an autonomous vehicle by 2021, the auto giant said...........
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Demonetisation takes toll on IIP; output shrinks 0.4 per cent in December
Uploading Date : 11-02-2017Industrial production contracted in December 2016 due to a sharp decline in production of consumer goods, confirming a demonetisation led contraction in demand. Index of Industrial Production (IIP) was 0.4% lower in December 2016 from the same period a year ago, data released on Friday showed..............
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Rupee hits 15-week high against US dollar in opening trade
Uploading Date : 15-02-2017The Indian rupee on Friday strengthened marginally to hit 15-week high against the US dollar in opening trade. This was the 12th out of 13 sessions when the rupee is trading higher...............
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