[ad_1] Image Source : PTI (FILE PHOTO) Fitch Ratings on Thursday slashed India’s GDP growth projection for FY23 to 7 per cent. Fitch Ratings on Thursday slashed India’s GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest…
[ad_1] Image Source : PTI/ REPRESENTATIONAL (FILE). WPI inflation eases to 12.41 per cent in August. Highlights The wholesale price-based inflation eased for 3rd consecutive month in August to 12.41% Wholesale Price Index-based inflation was 13.93% in July and 11.64% in August last year August is the 17th consecutive month of double-digit wholesale price inflation…
[ad_1] Image Source : FILE On Tuesday, the rupee appreciated by 36 paise to close at an over one-month high of 79.17 against the dollar. Highlights In initial deals, the local unit also touched 79.54 against the dollar. The dollar index fell 0.03 per cent to 109.77. The broader NSE Nifty was lower by 155.20…
[ad_1] Image Source : PTI the road transport and highways minister said after the introduction of FASTags, the toll income of the state-owned National Highways Authority of India (NHAI) increased by Rs 15,000 crore per year. Highlights Launch automobile number plate technology, Automatic Number Plate Reader cameras. During 2018-19, the average waiting time for vehicles…
[ad_1] Image Source : AP India-UK pact to help boost services exports: SEPC Under this agreement, both countries may significantly cut or eliminate customs duties on the maximum number of goods traded between them. Implementation of the proposed India-UK free trade agreement will help to boost the country’s services exports, particularly from legal, accounting and…
[ad_1] Image Source : PTI The domestic unit finally settled at 79.93, down 7 paise over its previous close of 79.86. The rupee declined by 7 paise to close at 79.93 (provisional) after moving in a narrow range against the US dollar on Thursday. At the interbank foreign exchange market, the domestic currency opened at…
[ad_1] Image Source : PIXABAY.COM. Companies, banks to raise up to Rs 3,200 crore via bonds today. Highlights Companies and banks are ready to raise around Rs 3,220 crore through bonds, said market participants As per data, Canara Bank to raise Rs 2,000 cr,which includes Rs 1,000 cr via Basel-III Tier-II bonds All the bonds…
[ad_1] Image Source : PTI Stock markets in Europe were trading lower during mid-session deals. Wall Street had ended lower on Tuesday. Market news: Equity benchmarks eked out marginal gains to settle in the positive zone after swinging between gains and losses during the session on Wednesday amid weakness in global bourses. In a trade…
[ad_1] Image Source : FILE The broader NSE Nifty advanced 86.80 points or 0.50 percent to 17,577.50. Benchmark BSE Sensex and Nifty snapped their two-day losing streak to close nearly half a percent higher on Tuesday following gains in banking, metal and auto stocks. The 30-share BSE Sensex climbed 257.43 points or 0.44 percent to…
[ad_1] Image Source : FILE Momentum in the dollar has taken off after hawkish comments from the Federal Open Market Committee (FOMC) meeting minutes. Highlights Rupee depreciated 4 paise to close at 79.88 (provisional) against the US dollar Brent crude futures, the global oil benchmark, advanced 1.53 per cent to USD 97.96 per barrel Foreign…
