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Moodys also affirmed Indias local-currency senior unsecured rating and other short-term local-currency rating.

Moody's cuts India's GDP growth forecast to 5.6 pc for 2019

India's economic growth has decelerated since mid-2018, with real GDP growth slipping from nearly 8 per cent to 5 per...

14 Nov 2019 1:06 PM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Oil gains on US crude stocks fall, OPEC comments on slower US shale...

Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to USD 62.76 per barrel.

14 Nov 2019 12:56 PM IST

The company has set a target of training 75,000 tax professionals, and more than 2 lakh businesses through new e-learning course.

ClearTax aims for Rs 100 cr business from online GST course

This course will provide them for a smooth transition to the new GST return filing system.

14 Nov 2019 11:26 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.

Market turns jittery on weak macro data, global cues

After opening on a positive note, the 30-share index turned choppy to trade 54.61 points, or 0.14 per cent, lower at...

14 Nov 2019 10:19 AM IST

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis. (Photo: Pixabay)

Jobs at risk as China's services sector feels heat of trade war

The government has raised this year's budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

14 Nov 2019 10:08 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee depreciates 15 paise against US dollar

At the interbank foreign exchange, the rupee opened marginally higher at 72.05 against the US dollar.

14 Nov 2019 9:51 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Love of cash hinders India's move to digital economy

For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.

14 Nov 2019 9:42 AM IST

India has taken the matter of Pakistans move to deny permission to Prime Minister Narendra Modis special flight to use its airspace, to the International Civil Aviation Organisation (ICAO), sources in the government have said. (Photo: File)

PM Modi says wants to make India a USD 5 trillion economy by 2024

BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade...

14 Nov 2019 9:33 AM IST

E-commerce has been one sector which has been recording phenomenal value growth during festive season year-after-year.

Logistics demand for auto halves in festive season

In September quarter, logistics volumes recorded around 5 per cent drop due to the sluggishness in the economy.

14 Nov 2019 8:24 AM IST

Jaspal Singh Bindra

Centrum Group expanding foreign operations

Centrum, founded in 1997, has a pan-India presence in 84 cities.

14 Nov 2019 8:22 AM IST

he top 7 cities collectively had a total unsold stock of nearly 6.56 lakh units in Q3 2019 end, 5 per cent down from 6.87 lakh units in Q3 2018 and nearly 12 per cent lower than 7.44 lakh units as on Q3 2017.

Unsold housing stock overhang eases a bit

Time needed to clear stock comes down to 30 months from 37.

14 Nov 2019 8:20 AM IST

Making matters worse are the soaring prices of vegetables in Faizabad and Ayodhya due to the frantic buying by locals.

Inflation soars to 15-month high

Prices of cereals and products were also high at 2.16 per cent against 1.66 per cent a month ago.

14 Nov 2019 4:28 AM IST