Business Optimism peaks to 6.3% (q-o-q) in Q2 2019 Business Optimism Index

The D&B Business Optimism Index is widely recognised as an indicator, which measures the growth of the business community and serves as a reliable benchmark for investors. The index is arrived at... Read more »

The world needs an Asian Rupee index, says Ranjan Chakravarty

As the global economic axis moves firmly towards Asia, with the vast chunk of global GDP being generated out of the countries of this continent, we find that only a subset: East, North... Read more »

‘Nyay’ scheme will help kick start ‘economic engine’ says Manmohan Singh

Former prime minister Manmohan Singh on Saturday said the Congress’ ‘Nyay’ minimum income guarantee scheme will not generate any new taxes and help restart the “economic engine” which has come to a... Read more »

Government aims for IRCTC, IRFC IPOs by September, targets divestment Rs 1,500 crore

The government sets to raise around Rs 1,500 crore from initial public offerings (IPOs) of two railway companies — IRCTC and IRFC — by September, an official said. The finance ministry earlier... Read more »

SEBI approves the segregation of Rating and Non-rating businesses of credit rating agencies.

The Securities and Exchange Board of India’s (SEBI) notifications dated May 30, 2018, and September 19, 2018, under the SEBI (Credit Rating Agencies) Regulations, 1999, have mandated the segregation of Ratings and... Read more »
OnMobile Global Limited acquires Appland AB

Telecom revenue to kick start with a 7% growth this fiscal

CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average revenue per user... Read more »

I-T dept conducts raids at dozen premises in Karnataka on charges of tax evasion

The Income-Tax Department Tuesday said it has been conducting search warrants at about a dozen premises in Karnataka on charges of tax evasion. The raids are being conducted in state capital Bangalore,... Read more »

Sebi debarrs Kashyap Technologies, 6 others from securities market for 5 years in lieu of GDR manipulation

Markets regulator Sebi has debarred Kashyap Technologies and six other entities, including Clifford Capital Partners, for at least five years from securities market in a matter related to manipulation of global depository... Read more »

BofA-ML sees RBI cut rates by another 25 bps

A foreign brokerage Monday said the Reserve Bank will slash its key policy rates by another 25 basis points, after governor Shaktikanta Das’ weekend speech focusing on ways to revive growth. Speaking... Read more »

Exports increase 11% in March; trade deficit gap narrows

India’s exports soared to a five-month high of 11 percent in March on account of higher growth mainly in pharma, chemicals and engineering sectors, marking the outbound shipments at $331 billion for... Read more »