Economy - Page 304

HDFC Bank is a major player in Indias banking sector. (Photo: PTI)

HDFC Bank plans to raise Rs 50,000 cr via bonds in FY'19

HDFC Bank plans to raise Rs 50,000 crore through bonds in the next 12 months to fund business expansion.

13 April 2018 2:56 PM IST

$Senior SEBI official had recently told that they are keeping a \close watch\ on all the developments with a \special focus\ to ensure that minority investors interests are safeguarded.$ Business

Sebi hikes FPI investment limit for govt debt, corp bonds in 2...

The move is part of an effort by Sebi to push inflow from overseas investors in the country's capital markets.

13 April 2018 1:06 PM IST

Retail inflation has picked up in October to a seven-month high, driven by faster rise in prices of food, fuel and housing.

Business

Retail inflation slows to 4.28 per cent in March

Retail inflation slowed to 4.28 per cent in March, the third consecutive month of decline.

12 April 2018 7:39 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.

Business

Food, drinks in educational institutions to attract 5 per cent GST

Food and beverages distributed at educational institutions would be subject to Goods and Services Tax (GST) of 5 per...

12 April 2018 4:15 PM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP)

Business

Implementation of GST not 'unfixable' problem: Raghuram Rajan

Modi government bringing in ambitious reforms like GST and demonetisation, says Rajan.

12 April 2018 4:10 PM IST

Moodys Investors Service Senior VP Marie Diron said the inflation target is a credit positive re-affirmation of the commitment to keeping inflation at moderate levels.

Business

Uptick in economic growth positive for Indian asset backed loans:...

It supports the ability of borrowers to earn income and repay their loans.

12 April 2018 3:51 PM IST

Post 2014 general election, FDI inflows saw a compound annual growth rate of 11 per cent. (Photo: PTI)

Business

Annual FDI inflows to rise to USD 75 bn over next 5 yrs: report

India is among the most favoured FDI destinations and the annual FDI inflows to the country is expected to rise.

12 April 2018 12:45 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

Business

World Bank raises 2018 East Asia growth forecast

World Bank raised its growth outlook for China this year to 6.5 per cent from its Oct forecast of 6.4 per cent.

12 April 2018 10:55 AM IST

Hybrid instruments include optionally convertible or partially convertible debentures, Foreign Currency Convertible Bonds - which are intrinsically debt-instruments.

Business

Govt mulls maiden overseas sovereign bond sale

The finance ministry had also stopped looking at offshore bonds as a borrowing source.

12 April 2018 9:57 AM IST

ADBs growth projection of 7.3% this fiscal is in line with that of rating agency Fitch, but a tad lower than RBIs forecast of 7.4%..

Business

ADB predicts India to grow fastest in Asia at 7.3 per cent

The report said protectionist trade measures by the US are yet to impact trade flows to and from Asia.

12 April 2018 12:53 AM IST

Business

PM calls for reasonable energy pricing

Mr Modi pointed out that India will be the key driver of global energy demand in the next 25 years.

12 April 2018 12:51 AM IST

Fuel prices rose by nearly Rs 2.50 per litre in July.

Business

Fuel prices may rise as Saudi Arabia won't allow glut

Oil cos say no government directive to defer price hike.

12 April 2018 12:49 AM IST