Economy

Hero Moto expects mid-to-high single-digit industry growth

“We expect the industry as a whole to deliver mid-to-high single-digit growth during the festival period, and we are seeing that already in the...

FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency indicators spanning industrial output, energy consumption, port traffic, GST collections, and automobile sales recorded stronger...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900 crore in the second quarter, when compared to a loss of Rs 2,582 crore in...

Union Cabinet approves credit guarantee scheme

The coverage will be provided  to Member Lending Institutions (MLIs) by National Credit Guarantee Trustee Company Limited (NCGTC) for the amount in default under...

UAE exiting OPEC is positive for India: CEA

"Probably good news in terms of one country can break away from the supply constraints that the cartel usually imposes.  The UAE is not...

Federal Reserve holds rates steady

As was anticipated, it kept the rates steady at a range of 3.5 per cent to 3.75 per cent. The decision, however, was not...

IIP slows to 5-month low of 4.1% in March

“Key sectors such as textiles, chemicals, electronics, leather products and wood products reported a decline in output on-year, while refining, food products, paper products,...

Uncertainty is central to monetary policy: RBI Governor

"I am reminded of what Alan Greenspan (Former US Fed Chairman) once said that uncertainty is not just an important feature of the monetary...

Core sector growth declined 0.4% in March

The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel,...

WPI accelerates to 3.88% in March

“The impact of high global crude price was evident in the primary articles category that nearly doubled to 6.36 per cent in March from...

Retail inflation inches up to 3.4% in March

“Food inflation was the largest contributor as it rose to 3.9 per cent from 3.5 per cent, while fuel inflation rose to 1.7 per...

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Hero Moto expects mid-to-high single-digit industry growth

“We expect the industry as a whole to deliver...

FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900...

Noel Tata retires from Trent

Tata has been associated with the fashion retailer since...

Equitas SFB MD P. N. Vasudevan to quit

“My daughter is the co-promoter of an NBFC which...