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The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

RBI needs to go for larger rate cut in June: SBI report

RBI had cut the key short-term lending rate (repo) by 25 basis points each in its last two policy reviews.

14 May 2019 8:26 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation slips to 3.07 per cent in April, food prices still high

Inflation in food articles hardened with steep rise in prices of vegetables during April.

14 May 2019 12:40 PM IST

Congress party vows to 'clean up' economic data gathering if wins...

Economists and investors are increasingly showing that they have little or no confidence in India's official economic...

14 May 2019 11:35 AM IST

Former Reserve Bank of India governor Bimal Jalan

Bimal Jalan panel on RBI's capital size likely to submit report by...

The committee was to submit its report in 90 days from the first day of its meeting, which held on January 8.

13 May 2019 5:18 PM IST

The 19 products include semi-finished products of iron or non-alloyed steel, flat-rolled products of different widths, bars and rods.

Govt panel under DGFT to look at steel availability for engineering...

Engineering goods exporters are demanding that they should get steel at global prices as domestic rates are higher.

12 May 2019 1:45 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry reworking strategic sale procedure for CPSEs

The process for strategic sale of many state-owned companies started back in late 2017 or early 2018.

12 May 2019 10:51 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs press exit button, pull out Rs 3,207 crore in May so far

Foreign investors have been net buyers in the Indian markets for the past three months

12 May 2019 10:48 AM IST

Commerce Secretary Anup Wadhawan said that packaging should be done in a manner by which products or goods inside should be safe and not get damaged. (Photo: File | YouTube screengrab)

Packaging industry should focus on safety, reusabilty of material:...

Commerce Secretary Anup Wadhawan was addressing a conference organised by Indian Institute of Packaging, Delhi chapter.

10 May 2019 12:21 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Economists highlight need for reducing centre, state debt; call for...

Economists made a case for improving the quality of budgeting, so governments do not budget for a low fiscal deficit.

9 May 2019 3:45 PM IST

Exports during April 2019 have crossed Rs 4,400 crore which is a very encouraging sign, Shaktivel told reporters in Tirupur on Wednesday night. (Representational Image)

Knitwear exports from Tirupur to clock Rs 30,000 Cr in FY20

Exports during April 2019 have crossed Rs 4,400 crore which is a very encouraging sign, said A Shaktivel.

9 May 2019 12:26 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI likely to cut rates again in June; none thereafter on rising...

RBI had cut interest rate by 25 basis points each in February and April to boost economic growth

8 May 2019 2:38 PM IST

TOT is a model for monetising operational national highway projects where investors make a lump sum payment in return for long-term toll collection rights backed by a sound tolling system. (Representational Image)

Maharashtra, UP to drive state-led capex in road sector in next 3 yrs

In Maharashtra, the estimated spend in case of Nagpur-Mumbai expressway alone is Rs 35,000 crore over next three years.

7 May 2019 6:15 PM IST