RBI maintains status quo on repo rate
GDP growth for 2019-20 revised to 5.0% from 6.1% in Oct Inflation has increased sharply in November and may stay high for some time, says Shaktikanta Das. AMN The Reserve…
MMTC to buy 4,000tn onions from Turkey
AMN State-owned MMTC has further contracted four thousand tonnes of onions from Turkey which is expected to arrive by mid-January next year. Consumer Affairs Ministry said, this four thousand tonne…
Process for merger of BSNL, MTNL underway: Govt
Staff Reporter / New Delhi Union Minister for Communications Ravi Shankar Prasad has said that the process is on for the merger of BSNL and MTNL. Replying to a question…
Govt revises stock limit of onions for retailers, wholesalers
AMN The government has revised the stock limit of onions for retailers and wholesalers in view of its rising prices. Now the stock holding limit for retailers has been reduced…
Govt aims at generating 5 crore employment in MSME: Gadkari
AMN Union Minister for Micro, Medium and Small Enterprises Nitin Gadkari has said that the government is aiming at generating five crore fresh employment in the MSME sector. During the…
Hallmark for Gold jewellery and artefacts mandatory from 2021
Govt makes to ensure purity of precious metal AMN / NEW DELHI Hallmarking for Gold jewellery and artefacts will be mandatory from 15th January 2021. Briefing reporters in New Delhi,…
Fundamentals of Economy strong; Q3 GDP may pick up: Govt
Staff Reporter / New Delhi Soon after the news of GDP slowdown at Q2 splashed, the government said, the fundamentals of Indian Economy is strong and the GDP growth rate…
Economy: GDP growth slows to 4.5% in Q2; FY20, worst in 6 years
AMN / WEB DESK / NEW DELHI Confirming the fears of a deepening slowdown in the economy, India’s gross domestic product (GDP) grew 4.5 per cent in July-September 2019, the…
Economy facing no recession: FM in Rajya Shabha
Our correspondent Union Finance Minister Nirmala Sitharaman today said, the country’s economy was not facing any recession and government was taking concrete steps to further boost it. Replying to a…
India Ratings cuts 2019-20 GDP growth forecast to 5.6% from 6.1%
From ADITYA RAJ DAS / NEW DELHI India Ratings and Research (Ind-Ra) has revised its 2019-20 India GDP growth forecast downwards to 5.6 per cent from an earlier estimate of…