RBI in a Tight Spot, Expected to Raise Interest Rates Again
If the RBI increases the rates by 25 basis points, it would be the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.from Top Business News- News18.com https://ift.tt/2Owf2Ml
Although modest, the latest improvement in the health of the manufacturing sector was the second-strongest after June.
Brokers said investors were seen raising bets ahead of the monetary policy announcement, and foreign institutional investors too showed buying interest.
Australia exported A$1.3 billion ($964 million) of agricultural goods to China in 2015/16, according to the latest figures from the Department of Foreign Affairs and Trade.
Apple's revenue in the fiscal third quarter soared 17 per cent to $53.3 billion from the same period a year earlier on the back of sales of pricier iPhones, online services and wearable devices.
In a written reply, Minister of State for Finance Shiv Pratap Shukla said between July 2017 and June 2018, a total of 1,205 cases of tax evasion were detected involving Rs 3,026.55 crore.
Replying to a debate on the Insolvency and Bankruptcy Code (Second Amendment) Bill 2018, Finance Minister Piyush Goyal said the government brought the ordinance to ensure speedy resolution of stressed assets and for the benefit of home buyers and the MSME sector.
At close on BSE on Tuesday, RIL's market valuation stood at Rs 7,51,414.89 crore, which is Rs 8,192.73 crore more than that of TCS' Rs 7,43,222.16 crore m-cap.
The grant has been sought as part of equity infusion into Air India under the Turnaround Plan (TAP), as per the document tabled in the Lok Sabha for supplementary demand for grants for 2018-19.
J J Irani and Keki Mistry too got re-appointment as directors to HDFC's board with more favourable votes.
While the Secretary-designate did not specify a time-frame in which the e-commerce policy will be finalised and made public, he did say that it would be in the “earlier possible time-frame, since we can’t afford to have a vacuum in e-commerce regulation”.
The increase in interest rate is effective July 30, according to notification on the bank's website. Fixed deposit of maturity one year to less than two years would earn 6.40 per cent, 5 basis points higher than previous rate.
Tathagata Roy said that only those who flee their countries because of genuine fear of persecution because of religion, ethnicity, political belief are refugees, whereas people entering another country in search of employment or economic opportunities are infiltrators.
The workers of Rashtriya Janata Dal (RJD), Congress and Hindustani Awam Morcha were also seen on the streets who shouted slogans against the Nitish Kumar government and sought his resignation.
Distressed over the constant disruption, PM Modi, speaking in the central hall of Parliament on Wednesday, said, "Government has the least to lose due to din in Parliament.
Bharat Anand received his BA in economics from Harvard College and his PhD in economics from Princeton University.
Often people staying in rented accommodation or migrant labour face problem in updating their address and face issues in availing services for which Aadhaar is required.
The excavation at Vangchhia exposed a good number of menhirs, Mizo traditional and megalithic burial structures and one of the most profound discoveries is the water pavilion that comprises multiple circular and square holes.
The man had married the second time with consent of his first wife, as they did not have a child. He had been staying at his second wife's residence for some time, which angered the woman.
The regular classes for odd semesters have also started on Wednesday i.e. 1st August 2018 at the APJ Abdul Kalam Technological University, Kerala.
An official in White House's National Security Council said that the CAATSA waiver that the Congress has made available to India in the 2019 National Defense Authorization Act should provide ample flexibility for New Delhi to proceed with the purchase of the Russian S-400 system.
The decision comes ahead of a planned ‘Bharat bandh’ by Dalit groups on August 9.
White House Press Secretary Sarah Sanders was replying to a question on reports of Prime Minister Narendra Modi's invitation to US President Donald Trump to be the Chief Guest at the next year's Republic Day celebrations in New Delhi.
Dehradun-based political commentator SMA Kazmi says that the communal tensions are part of a broader political game. He claims such incidents over frivolous reasons skyrocketed after March 2017 when the BJP came to power in the state.
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While probe is on to ascertain the cause of the death, a police officer said that they are also investigating into a "witchcraft angle" as some evidence suggests that Krishnan could be practicing black magic.
The White House and the Senate said the US should strengthen and enhance its major defence partnership with India and such a partnership should enable "strategic, operational and tactical coordination between the militaries."
Scheduled to be presented during the Governing Council Meet in June, preparation of the document is already running late by more than a month. NITI Aayog said that the development agenda would be finalised in a month or so after seeking comments from states.
Sources told News18 that construction in a long “all-weather road” is in full swing in Shaksgam, which lies north of Siachen, which is not just the world’s highest battlefield, but an extremely vital strategic location for the Indian forces.
New Delhi-born Venkatesh, 36, who is currently teaching at Stanford University, has won the Fields Medal for his profound contributions to an exceptionally broad range of subjects in mathematics.
A judgment is always open to be criticised. Besides, any academic discussion following the judgment may also be relevant, but it must never involve the judge himself.
Three-year-old Sanno had fallen into a borwell shaft and got stuck at a spot around 45 feet below the surface at about 4 pm on Tuesday.
The CEC said the chief electoral officer of Assam will give a factual report in the coming week on various aspects arising out of the publication of the final draft NRC.
Vijay Mallya has complained about "no natural light" or fresh air in Indian jails to the UK judge hearing his extradition case, prompting the court to ask for a video of the jail. Our in-house cartoonist Neelabh imagines what a jail of Mallya’s dreams would look like.
Imran Khan's Pakistan Tehreek-i-Insaf (PTI) emerged as the single largest party in the elections held on July 25.
As the debate over the National Register of Citizens (NRC) simmers across political circles in the country and has caused some very serious worries among the Assamese population, BJP General Secretary Ram Madhav, who is also in charge of the party affairs in northeast, says every legal citizen will get justice.
In Mumbai and elsewhere, at least 335 persons were detained during the day.
Police said accused Rajesh Singh Chauhan, 34, was arrested on Wednesday morning from a south Delhi locality, hours after he stabbed his wife Renu, 30, at least half a dozen times and fled.
Vijai Sardesai, Goa Agriculture Minister, was responding to the Demands for Grants for Agriculture department in the Legislative Assembly on Wednesday.
Sushma Swaraj assured there has not been even an iota of change at the plateau where Indian and Chinese troops had been locked in a 73-day standoff last year.
"Are we supposed to take a holistic approach and ban everything that contributes to pollution or take an ad-hoc approach and simply ban firecrackers?" a bench of Justices A K Sikri and Ashok Bhushan asked.
Umbayi, originally known as PA Ibrahim is one of the most popular Ghazal singers in Kerala.
The researchers have identified a range of planets where the UV light from their host star is sufficient to allow these chemical reactions to take place and that lie within the habitable range.
One in four mobile handsets is now being manufactured in India at a completely knocked-down (CKD) level.
The acquisition will extend the breadth and selection of Swiggy's existing network of 40,000 restaurants by adding more curated restaurants to it.
His last day at Facebook will be August 17.
The new guidelines come into effect from September.
With new weekly production targets, Elon Musk is confident that Tesla will be profitable and cash-flow positive in the upcoming quarters.
Google, the California-based internet giant has engineers designing search software that would leave out content blacklisted by the Chinese government.