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In the face of a slowdown in consumption, fast moving consumer goods (FMCG) companies have gone for selective cuts and hikes in product prices, based on the mixed trends in raw material prices and consumption pattern.

FMCG firms tweak prices to combat slowing consumption

Market leader Hindustan Unilever (HUL) has cut the prices of soaps but has raised face wash prices.

29 Aug 2019 12:59 AM IST

Most brokerages have cut Nifty earnings by over 5 per cent, with many Nifty companies earnings per share (EPS) being downgraded.

Brokerages cut Nifty earnings

Analysts attribute weak global demand along with subdued state capex weighed on industrial companies.

29 Aug 2019 12:57 AM IST

Senior government officials have denied using Mahindra and Mahindra Ltd and Tata Motors manufactured electric cars on the basis of poor performance and low mileage, says report.

Plan to launch EV in India by 2022 but ecosystem is a must: Renault

BMW is also studying the feasibility of launching its i3 electric car in India.

28 Aug 2019 3:37 PM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Rate cuts not enough to re-fire damp India housing market: Report

Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance...

28 Aug 2019 12:03 PM IST

The H-1B visa legislation in the US, increasing automation, and the fallout of demonetisation have all created considerable impact on hiring by companies.

Economic slowdown: Online hiring slips 5 pc in Jan-June period

Year-on-year basis the online hiring demand witnessed 16 per cent growth H1 2019 compared to H1 2018.

28 Aug 2019 9:20 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

What went behind RBI decision to transfer funds?

The RBI was founded in 1935 and has been operating according to the Reserve Bank of India Act of 1934.

28 Aug 2019 2:47 AM IST

The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Government weighing options on using RBI payout

The government is also expected to announce more measures this week to support economic growth.

28 Aug 2019 2:41 AM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Microfinance industry set to cross Rs 1 lakh cr loan portfolio: Report

As per the report, the average ticket size of microfinance lending by banks is Rs 42,249, SFBs Rs 32,946 and NBFC-MFIs...

27 Aug 2019 5:01 PM IST

Ram Vilas Paswan

E-commerce guidelines to be mandatory under consumer protection law:...

The consumer affairs ministry has decided to frame the rules to implement the Consumer Protection Act by December.

27 Aug 2019 4:55 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.

Auto LPG body seeks GST cut, level playing field to spur usage

IAC also sought a reduction in GST on auto LPG kits to 5 per cent from 28 per cent.

27 Aug 2019 3:17 PM 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.

India bonds at three-week high, rupee gains after RBI payout to govt

The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.

27 Aug 2019 2:05 PM IST

Auto experts said the fall in automobile sales were due to lack of liquidity in the financial system, decline in overall economic activity and an increase in prices of vehicles across segments.

State govts need to realise their role in promoting mfg in auto...

The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product (GDP).

27 Aug 2019 12:35 PM IST