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The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation likely to average 4.7 pc this fiscal, RBI to tighten rates:...

RBI's MPC will start its rate review meeting from July 30 and is expected to announce its call on August 1.

26 July 2018 2:12 PM IST

However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

US wants to reduce trade deficit with India soon: official

Defence, aviation and energy as the 3 sectors which would play a key role in reducing trade deficit over the long term.

26 July 2018 1:34 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

Bond investors shun India, citing lack of reassurance from RBI

Foreign investment in the debt market is capped at 5.5 per cent of India's roughly $760 billion.

26 July 2018 12:54 PM IST

Panasonic is aiming to have around 30 per cent market share in Rs 1.5 lakh and above camera market.

Panasonic India targets Rs 12,300 cr revenue this fiscal

The company also expects its B2B business to contribute almost half of its revenues by FY 2020-21.

26 July 2018 12:47 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

States to reach out to traders, industry to list out GST grievances

Council has already allowed companies with turnover of up to Rs 5 crore to file GST returns quarterly.

26 July 2018 12:28 PM IST

The special CBI court had in March discharged Dayanidhi Maran, his brother Kalanithi and others accused in the case. (Photo: File)

Setback to Marans as HC sets aside order in illegal exchange case

The special CBI court had on March 14 discharged the two Maran brothers and five other accused.

26 July 2018 12:23 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Global economy has peaked; trade war torpedoes optimism: reports

The Fed is expected to plough ahead as planned with two more rate hikes this year and two next year.

26 July 2018 11:09 AM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Over 44 lakh new jobs generated between September-May

As many as 7.43 lakh new payrolls were generated in the month of May itself.

26 July 2018 10:25 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex hits 37,000 mark, Nifty touches record high of 11,172

The NSE Nifty spurted 40.20 points, or 0.36 per cent, to hit a new peak of 11,172.20.

26 July 2018 10:18 AM IST

Lower opening in the domestic equity market put the rupee on the back foot.

Rupee strengthens 10 paise against US dollar

Rupee is trading at 68.69 against US dollar on increased selling of greenback by exporters and banks.

26 July 2018 10:09 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil climbs after Saudi Arabia suspends shipments through Red Sea lane

Brent crude futures had risen 47 cents, or 0.6 per cent, to $74.40 a barrel, after gaining 0.7 per cent.

26 July 2018 10:05 AM IST

CanAM Enterprises, which saw as many 100 successful applicants in 2018 till date, predicts that the figure may touch 200 if the limits arent raised.

EB-5 visa applications may dip 80 per cent

However, Mr Lohia expects that the limit may be raised as early as September 30 and flags it as a risk to their business...

26 July 2018 6:03 AM IST