Exports grow 3.93 per cent in May; trade deficit at 6-month high
India’s exports grew by 3.93 per cent to around 30 billion dollars in May on account of healthy growth in sectors such as chemicals, pharmaceuticals
Category : Business
Online fund transfer through NEFT and RTGS to be free from July 1: RBI
With an aim to encourage digital transfer of funds, the Reserve Bank has waived off all charges for transactions using National Electronic Funds Transfer –
Facebook makes another investment in India, backs social commerce firm Meesho
Facebook India on Thursday said it has invested in a social commerce start-up, Meesho, which connects buyers and sellers on social media platforms. The investment
India gets $42-billion FDI inflows in 2018: UN report
A UN report said, Foreign Direct Investment to India grew by 6 percent to 42 billion dollars in 2018, with strong inflows in the manufacturing,
BSE Sensex rises 127 points; NSE Nifty adds 43 points
At the stock markets, paring its solid gains posted in the opening session, the Sensex at the Bombay Stock Exchange rose 127 points, or 0.3
RBI issues new framework for resolution of bad loans
The Reserve Bank has issued a new framework for resolution of bad loans, offering a 30-day gap for stress recognition instead of the one-day default
Wipro founder Azim Premji to retire as Executive Chairman next month
IT Industry icon Azim Premji will retire as Executive Chairman of Wipro with effect from 30th July this year. He led the company for 53
RBI cuts repo rate by 25 basis points to 5.75 per cent
The Reserve bank of India in its bi-monthly monetary policy review today reduced the repo rate by 25 basis points to 5.75 per cent from
World Bank retains India’s growth rate for FY19-20
The World Bank has forecast that India’s economy is projected to grow at 7.5 per cent in the next three years, supported by robust investment
GST mop-up crosses Rs 1 lakh crore in May
The GST revenue collection has crossed one lakh crore rupees in May this year, which is a growth of 6.67 per cent over the revenue