Inflation Completely Under Control: Nirmala Sitharaman
Annual retail inflation in July was 3.15 per cent, down from an eight-month high of 3.18 per centin June. -NDTV Profit – Latest
Month: September 2019
FinMin asks CPSEs to speed up capex
India’s economy grew 5% in Q1 of the current financial year, its slowest in over six years. -Stocks-Markets-Economic Times
SBI restrained from selling videocon’s Overseas assets
If SBI is allowed to execute sale as advertised, the Videocon group may suffer an irreparable loss. -Stocks-Markets-Economic Times
Iranian tanker Adrian Darya 1 photographed off Syrian port Tartus: U.S. satellite firm
The Iranian oil tanker Adrian Darya 1 at the centre of a dispute between Tehran and Western powers, which went dark off Syria earlier in the week, has been photographed … Read More
Light at the end of the tunnel! Dalal Street showing signs of a rebound
FPI inflows will take the market higher and eventually change the sentiments. -Stocks-Markets-Economic Times
A bitter ‘PIL’ for Indiabulls Group
Shares tumble on reports of PIL seeking probe into books of Indiabulls Housing; co says no such plea exists -Stocks-Markets-Economic Times
Essel Group repays half the debt to MFs & NBFCs
Nearly ₹3,700 crore has been transferred to mutual funds and NBFCs on Friday. -Stocks-Markets-Economic Times
China’s August forex reserves rise to $3.1072 trillion
China’s foreign exchange reserves rose unexpectedly in August, even as the yuan posted its biggest monthly drop in 25 years amid escalating trade tensions with the United States. -Reuters: … Read More
Monetary side has leeway to stoke demand: Sanjeev Sanyal
Principal economic advisor says real rates still high, RBI could cut rate further. -Stocks-Markets-Economic Times
Merging state banks won’t solve governance issue: Former RBI Governor YV Reddy
Reddy also said that half of the bank mergers globally have been ineffective. -Stocks-Markets-Economic Times