Search Results for: fiscal deficit

Far-right Bolsonaro rides anti-corruption rage to Brazil presidency

Bolsonaro won 55.2 percent of votes in a run-off election against left-wing hopeful Fernando Haddad of the Workers Party (PT)'s 44.8 percent.

Oct 29, 2018

Q2 results, macro data to steer equity market; value buying expected

On Friday, both the Sensex and the Nifty dropped to seven-month lows. Market participants and analysts expect value buying in the indices as the market has been largely bearish in the last couple of weeks.

Oct 28, 2018

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".

Oct 27, 2018

RBI to buy govt bonds for Rs 40,000 crore via OMO to maintain liquidity in market

OMO is carried out by RBI to expand or contract the liquidity of money in the market by selling or purchasing government securities.

Oct 27, 2018

China agrees to increase imports from India, says trade minister Suresh Prabhu

India's trade deficit with China is its widest with any country, with large amounts of electronics and other items flowing across the border with its northern neighbour.

Oct 26, 2018

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Rupee helps IT sector toplines; HCL to recruit 30,000 engineers this year

The Experis IT Employment Outlook Survey said earlier this week hiring in the IT sector will pick up this financial year.

Oct 25, 2018

Karnataka's tax collection up 11% in 6 months

After forming a post-poll alliance with Congress, JD-S leader Kumaraswamy had taken the chief minister's office on May 23, and presented his maiden budget on July 5, as he also holds the finance portfolio.

Oct 24, 2018

TCS only Indian company among top 10 firms to get foreign labour certification for H-1B visas

London-headquartered Earnest and Young, a multinational professional services firm, has emerged as the top employer to have received the certification, the data from the US labour department said.

Oct 23, 2018

RBI's monetary policy committee highlights inflation spike risk, signal rate hikes

Headline inflation for the first quarter of the fiscal year to March 2020 is projected at 4.8 per cent compared with the MPC's mandated target of 4 per cent.

Oct 21, 2018

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Trump admin could remove India from its currency watch list of major trading partners

India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in April along with five other countries – China, Germany, Japan, South Korea, and Switzerland.

Oct 18, 2018

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Reliance Industries Q2 net up by 17% at Rs 9,516 crore; telecom, petrochem drive record profit

Reliance Industries reported a record net profit for the second quarter ending September on the back of robust performance in its petrochemicals and telecom businesses.

Oct 18, 2018

India eyes $8.7 billion jump in exports amid US-China trade war

The Indian exports to the US stood at $48 billion in the financial year 2017-18 and the US is also India's largest merchandise export destination.

Oct 17, 2018

Ominous predictions for rupee: 80 against dollar by year's end and a plunge to 100 later

Analysts say the rupee could fall further in the coming months as the key drivers of the fall -- widening current account deficit and the flight of overseas funds -- are more likely to persist than not.

Oct 17, 2018

Indian youngsters win record tally of medals in Youth Olympics 2018

India has exceeded expectations as the athletes have won a record 13 medals - four golds and nine silvers, including Mixed-NOC at the 2018 Youth Olympics.

Oct 15, 2018

Sovereign gold bonds fixed at Rs 3146 per gram; all you need to know

SGBs are denominated in multiples of gram of gold with a minimum unit of one gram and can also be held in demat form.

Oct 13, 2018

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