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As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)Business
India's growth remains quite robust into future: IMF

IMF on Monday forecast a growth rate of 7.3 per cent in 2018 and 7.5 per cent in 2019 for India.

18 July 2018 11:02 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCLBusiness
ONGC board approves exiting Pawan Hans, to sell 49 pc stake

The government will now modify the EoI and include ONGC stake sale also along with its own.

18 July 2018 10:46 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.Business
Sensex scales record high, Nifty holds above 11,000

The 30-share BSE index spurted by 227.91 points, or 0.62 per cent, to hit new high of 36,747.87.

18 July 2018 10:05 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.Business
Rupee rises 12 paise to 68.33 on sustained dollar-selling

A higher opening of the domestic equity markets boosted the rupee at the interbank forex market.

18 July 2018 10:00 AM IST

TRAI chairman R S Sharma.Business
Apps should collect minimal data like Aadhar: TRAI chief

Sharma said the encryption standard should be proportional to the security that needs to be achieved.

18 July 2018 9:52 AM IST

Thats a 28 per cent gain in two years, putting the US close to becoming the worlds biggest crude producer, edging nearer to the 11 million bpd churned out by Russia.Business
Oil prices drop amid surprise jump in US stockpiles

Brent futures were down 31 cents, or 0.4 per cent, at $71.85 a barrel by 0240 GMT.

18 July 2018 9:16 AM IST

The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)Business
Rs 11,336 crore to be infused in 5 PSU banks

Out of Rs 1.35 lakh crore, the govt already infused about Rs 71,000 crore through recap bonds in banks.

18 July 2018 9:05 AM IST

Modi government is considering hiking the basic salary of central government employees to Rs 21,000.Business
Fat pay for top-rung IIT graduates, peanuts for other fresh engineers

Compared to the average salary of engineers from other IITs, those from top institutes are offered 90 per cent higher.

18 July 2018 8:58 AM IST

Chief Economic Advisor Arvind SubramanianBusiness
New ways needed to raise farm income, says Subramanian

Job creation and stigmatised capitalism' two other big challenges.

18 July 2018 8:52 AM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.Business
Sugar stockpile to double on record output: ISMA

India has so far contracted to export 2,75,000 tonnes sugar from its record production of 32.25 million tonnes.

18 July 2018 8:22 AM IST

The board meeting took place a day after LIC got approval of its board to increase its stake in the bank up to 51 per cent.Business
IDBI Bank seeks Centre's nod to sell stake to LIC

Irdai has already given its approval to the insurer for the stake purchase.

18 July 2018 5:47 AM IST

Vijay MallyaBusiness
Panel to tweak norms to stop defaulters

Besides, senior officials of Ministry of Home Affairs and Ministry of External Affairs are also part of the committee.

18 July 2018 5:40 AM IST

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