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Analysts at HDFC Bank estimate that for every percentage point the economy grows, employment now adds just 0.15 of a percentage point - down from 0.39 in 2000.Business
India needs to grow at 9 pc to achieve PM-'s target of USD 5 trillion...

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

5 Aug 2019 9:30 AM IST

RBI bans NBFCs from charging loan foreclosure penaltiesBusiness
RBI bans NBFCs from charging loan foreclosure penalties

Foreclosure charges are part of the fee income for any lender and add to its bottomline.

3 Aug 2019 11:29 AM IST

Forex reserves fall by USD 727 million to USD 429.6 billionBusiness
Forex reserves fall by USD 727 million to USD 429.6 billion

The country-'s reserve position with the fund also declined by USD 15.8 million to USD 3.534 billion, the apex bank...

3 Aug 2019 11:20 AM IST

The BSE Sensex opened lower at 24,606.20 and moved in a range of 24,727.55 and 24,473.22 before quoting at 24,712.74.Business
Sensex rebounds 100 points; HDFC spurts after Q1 show

The 30-share BSE Sensex rose 99.90 points or 0.27 per cent to settle at 37,118.22.

2 Aug 2019 4:31 PM IST

India seen set for fourth interest rate cut of 2019Business
India seen set for fourth interest rate cut of 2019

Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.

2 Aug 2019 4:16 PM IST

GST collections rise marginally to Rs 1.02 lakh crore in July monthBusiness
GST collections rise marginally to Rs 1.02 lakh crore in July month

The July 2019 mop-up was, however, 5.8 per cent higher than the Rs 96,483 crore collected in the same month last year.

2 Aug 2019 11:36 AM IST

Sensex crashes over 300 points on US-China trade tensionsBusiness
Sensex crashes over 300 points on US-China trade tensions

However, Bharti Airtel, Asian Paint, Tata Motors and Infosys gained in the morning trade.

2 Aug 2019 10:08 AM IST

Crisil cuts GDP to 6.9 per centBusiness
Crisil cuts GDP to 6.9 per cent

India’s GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

2 Aug 2019 2:08 AM IST

India manufacturing sector growth inches up in July on new orders: PMIBusiness
India manufacturing sector growth inches up in July on new orders: PMI

This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

1 Aug 2019 11:44 AM IST

Finance Minister Sitharaman to meet CEOs of PSU banks on FridayBusiness
Finance Minister Sitharaman to meet CEOs of PSU banks on Friday

The country-'s largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march...

1 Aug 2019 10:18 AM IST

RBI capital transfer: Jalan panel likely to get extension to finalise reportBusiness
RBI capital transfer: Jalan panel likely to get extension to finalise...

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

1 Aug 2019 10:11 AM IST

Airfares, hotel rates forecast to increase in 2020Business
Airfares, hotel rates forecast to increase in 2020

Earlier this year we saw a spike in airfares after Jet Airways ceased its operations in April.

1 Aug 2019 2:14 AM IST

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