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Economy
Retail inflation hits 17-month low at 2.33% in November
Retail inflation eased to a 17-month low in November this year at 2.33 per cent, mainly due to decline in prices of kitchen essentials like vegetables. According to the provisional…
Major Ports register positive growth of 4.83%
The major ports in India have recorded a growth of 4.83% and together handled 461.21Million Tonnes of cargo during the period April to November, 2018 as against 439.96 Million Tonnes…
Exim Bank extends USD 500 mn loan to Tanzania for water supply projects
Export-Import Bank of India (Exim Bank) has extended a credit facility of USD 500 million to Tanzania for water supply projects in the country.
Exim Bank signed an…
India likely to maintain high growth rate of 7 to 8 pc over next decade: Arun Jaitley
New York: Finance Minister Arun Jaitley said India, among the world's fastest growing emerging economies, is likely to maintain the high growth rate of 7 to 8 per cent over the…
RBI will implement Ombudsman for digital transactions by January 2019
New Delhi: Reserve Bank of India has said that it will implement an Ombudsman Scheme for Digital Transactions covering services provided by entities falling under Reserve Banks regulatory…
New simplified GST return forms to be rolled out from April 1st next year
The new simplified GST return forms will be rolled out from April 1st next year. This was stated by Revenue Secretary Ajay Bhushan Pandey while talking to reporters on the sidelines of the…
India’s economy grows at 7.1 per cent for 2nd part of 2018-19
India's economy grew at 7.1 per cent for the second quarter of 2018-19 according to data released by Central Statistics Office today.
These estimates represent a sizable jump from…
Retail inflation falls to one-year low of 3.31 per cent in October
Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen staples, fruits and protein-rich items.
Official data released today showed that the…
RBI to set up expert panel to look into issues on capital surplus
New Delhi : The RBI board on Monday decided to set up a high-powered committee to examine issues related to surplus capital of Rs 9.69 lakh crore with the central bank and advised it to…
Cabinet clears mandatory jute packaging of 100% food grains
The Cabinet Committee on Economic Affairs, has given its approval to expand the scope of mandatory packaging norms under the Jute Packaging Material (JPM) Act, 1987.
The CCEA approved…