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Economy
Lower lending by non-banking financial companies has weighed on growth in infrastructure and consumption.
RBI may cut rates by another 25 bps in 2019: Fitch Ratings
18 Jun 2019 11:00 AM

RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to ‘accommodative’.

GDP growth has slipped to 5-year low of 6.8%, in addition, public sector banks will need capital for credit growth. (Photo: DC)
FinMin assessing capital needs of PSBs; Budget may make provision for Rs 30,000 cr
17 Jun 2019 12:37 PM

The government made record capital infusion of Rs 1,06,000 crore in the public sector banks last fiscal.

US Secretary of State Mike Pompeo accused Iran of responsibility for the attacks on oil tankers and said the United States would raise at a UN Security Council. (Representational Image)
Oil prices surge after suspected attacks on tankers in Gulf of Oman
14 Jun 2019 4:40 PM

The rise in oil prices - jumping as much as 4.5 per cent before pulling back somewhat - boosted shares of energy companies.

The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India.
India gets USD 42 billion FDI inflows in 2018: UN report
13 Jun 2019 12:10 PM

FDI inflows in developing countries in Asia registered a rise of 3.9 per cent to USD 512 billion during the last calender.

Gadkari said the resounding mandate by the people rising above petty party-politics, caste-creed or communalism has reaffirmed that people need "development" which will remain a priority area. (Photo: File)
From 15L cr highways spend to globalising Khadi; MSME products: Gadkari 5-yr roadmap
05 Jun 2019 6:01 PM

Gadkari said his priority will be 'rolling out all stuck highway projects that include many of IL&FS projects within 100 days'.

Tobacco contributes a major percentage of the total value of commercial crops in India generating huge socio- economic benefits in terms of agricultural employment, farm incomes, revenue generation and foreign exchange earnings. (Photo: File)
Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study
05 Jun 2019 5:56 PM

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore annually.

The survey further revealed that northern zone will provide most opportunities for job seekers, followed by other regions. (Representational Image)
Hiring activity to be positive in 2019-20: Survey
05 Jun 2019 1:57 PM

Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on the cards.

This will be the first overseas visit of Nirmala Sitharaman as finance minister. (Photo: File | PTI)
Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan
05 Jun 2019 1:55 PM

The G20 meetings provide a forum for key countries in international financial system to discuss major international economic issues.

Education Minister Ratan Lal Nath said "We are optimistic that the revised rules would attract potential investors to Tripura and help in building an investment-friendly environment here." (Representational image)
Tripura to provide subsidy on setting up of large industries
05 Jun 2019 1:54 PM

Decision to provide subsidies on capital investment for large industries was taken in a ministers meeting recently.

India also needs to come up with policies that attracts global companies to look at the country as an alternative to China when it comes to manufacturing, USISPF's Mukesh Aghi said. (Representational Image)
US advocacy group seeks India Trade Representative under PMO
31 May 2019 9:58 AM

USISPF is recommending the new government to seriously look at a Free Trade Agreement with the US.

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