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The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Need to develop proper matrix to understand changes in economy: Prabhu

Prabhu said that in 1960s and 1970s, the govt used to provide bulk of the jobs and then came the private sector.

9 April 2019 11:44 AM IST

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 seen inching up in March, but still below RBI target: report

Consumer prices rose at an annual rate of 2.80 per cent in March, up from 2.57 per cent in February.

9 April 2019 11:22 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI issues norms for banks to set up currency chests

The new chests should have a processing capacity of 6.6 lakh pieces of banknotes per day.

9 April 2019 9:22 AM IST

GDP stands for Gross Domestic Product.

Investment boost: World Bank says India GDP to grow 7.5 per cent this...

With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent.

8 April 2019 7:23 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

India probes dumping of 'aluminium, zinc coated products' from China,...

In a notification, DGTR said it has found "sufficient evidence" of dumping of the goods by these countries.

8 April 2019 5:13 PM IST

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

India's GDP expected to expand 7.5 per cent in 2019-20: World Bank

With robust growth, and food prices poised to recover, inflation is expected to converge toward four per cent.

8 April 2019 4:02 PM 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.

Saudi minister says oil market headed for 'balance'

Saudi Energy Minister Khalid al-Falih said he did not "think we need to" when asked if kingdom was prepared to make...

8 April 2019 3:38 PM IST

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Foreign investors may invest Rs 18,000 cr in Voda Idea rights issue:...

Vodafone Idea cleared planned Rs 25,000-crore rights issue at Rs 12.50 per share, a steep 61 pc discount from market...

7 April 2019 4:59 PM IST

Union Railway minister Suresh Prabhu

Need to develop proper matrix to understand changes in economy: Prabhu

Minister Suresh Prabhu said now start-ups too are providing huge job opportunities but the challenge is to capture that...

7 April 2019 2:11 PM IST

Vikram Solar is spearheading Indias solar revolution with over 950MW EPC capacity portfolio including Commissioned and Under Execution, Rooftop and Ground-mounted projects. (Photo: Vikram Solar)

MNRE working on unified portal to help consumers install rooftop solar...

The portal will facilitate as a single-window clearance system for consumers looking to install rooftop solar panels.

7 April 2019 1:21 PM IST

At present, Harsh Vardhan Shringla is serving as the Indian High Commissioner to Bangladesh. (Photo: Facbeook | Harsh V Shringla)

India needs to sustain high level of economic growth: Envoy

India's Ambassador to the US Harsh Vardhan Shringla said on Saturday that India represents dreams of more than a billion...

7 April 2019 12:54 PM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

Top ports record marginal upswing in FY19 cargo handling at 699 MT

These ports, under the command of the Centre, had recorded 4.77 per cent growth in 2017-18 over the previous fiscal.

7 April 2019 12:22 PM IST