Search Results for: Steel imports

india-will-fully-finance-current-account-deficit-arvind-mayaram

India will fully finance current account deficit: Arvind Mayaram

New Delhi, Oct 01 (ANI): India's Economic Affairs Secretary, Arvind Mayaram, said on Tuesday that the country would finance its current account deficit fully in the fiscal year ending March without drawing down on its reserves, and would also contain the fiscal deficit at 4.8 percent of GDP. He also said that economic growth will pick up in the second half of the fiscal year. Mayaram while addressing a news conference in New Delhi expressed confidence and said that they would be able to contain the current account deficit. Mayaram added that the government would not have to go beyond the finance ministry's planned market borrowing for the year, and would be able to meet its budgeted revenue target. Mayaram also said that the elevated level of current account deficit was mainly due to gold imports. Oct 1, 2013
bse-closes-points-400-36-down-on-september-30

BSE closes points 400.36 down on September 30

New Delhi, Sep 30 (ANI): Trading at the Bombay Stock Exchange today closed 400.36 points down to stand at 19,326.91. At the National Stock Exchange the Nifty closed 97.90 points down to stand at 5,735.30. Britannia Industries and Gujarat State Petronet Ltd. were among the top gainers of Group A with an increase of 6.23% and 5.58% along with ING Vysya Bank and Shree Cement with an increase of 5.11% and 3.62% respectively, while the top losers of Group A include Essar Oil and Financial Technologies with a decrease of 7.61% and 6.43% along with Tata Steel and Yes Bank with a decrease of 5.65% and 5.63% at the close of the markets. The Auto sector is down 175.98 points at 10,985.72 while the banking sector is down 320.07 points at 10,964.19 and the realty sector is down 24.99 points at 1,170.33. The Indian currency is down 0.13% at Rs 62.59 per dollar. Sep 30, 2013
ratan-tata

Carnegie Nominates Ratan Tata to Board of Trustees

Ratan Tata, leading industrialist and ex-chairman of the Tata group, has been nominated as member of the board of trustees at Carnegie Endowment for International Peace (CEIP), a foreign-policy think tank based in Washington, US. Sep 19, 2013
modi-advocates-for-self-reliance-in-defence-sector

Modi advocates for self-reliance in defence sector

Rewari, Sep 15 (ANI): As Gujarat chief minister and BJP's newly announced PM candidate Narendra Modi addressed the people during his first rally in Rewari district of Haryana, he said that the country's military and defence sector should be self-reliant and not dependent on foreign import of arms and ammunitions. Further, he said that such imports are harmful in the sense that one cannot rely on the other country whose foreign policy tends to differ from India. Sep 15, 2013
World Crude Oil

Oil Prices to Rocket Even Without Syria Crisis?

Indian oil minister Veerappa Moily is expected to announce fresh measures to control fuel consumption in India on 16 Septemeber, amid concerns of a US-armed military intervention in Syria. Sep 6, 2013
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