Advertising spend in India to go up by 11.4% to Rs 69,700 crore in 2019: Dentsu Aegis report

The advertising spend in India is likely to grow by 11.4 per cent to Rs 69,700 crore in 2019, driven by key events such as the ongoing cricket world... Read more »

Mike Pompeo asks India to drop trade barriers, open floor to US in local markets

The US Secretary of State Mike Pompeo has urged New Delhi to further open its economy and forge trade barriers, saying countries that have provided American companies access to... Read more »

RBI policy rate cuts may not affect private investments: CMIE

The Centre for Monitoring Indian Economy (CMIE) has said that the past data would not indicate that a reduction in interest rates necessarily translates to rise in investments. In... Read more »

Dedicated freighters in India share a tiny portion versus global peers

Dedicated freighters in India have minuscule share versus global peers. This has led to shorter lead distances compared with global freighters, lack of significant niche cargo, and intense competition... Read more »

India among the top 20 host economies that attract FDI inflows in 2017-18: UN report

Foreign Direct Investment (FDI) to India was up 6 per cent to USD 42 billion in 2018, with strong inflows in the manufacturing, communication and financial services sectors, and... Read more »

CMIE keeps tab on micro-economic performances, feels repo cut is insignificant to bank credit

As the GDP argument continues, the Centre for Monitoring Indian Economy (CMIE) has released its review of the macro-economic performance for May 2019. In its review, the think tank... Read more »

IIP growth touches 3.4%, with impressive growth in capital and consumer goods: CARE Ratings

Care Ratings have suggested that the IIP growth for April at 3.4% had an impressive start after a negative growth in March. The projection was 1.2%. However, it is... Read more »

Rupee slumps 18 paise to 69.46 vs USD as crude oil rebounds

The rupee on Friday dropped by 18 paise to close at 69.46 against the US currency on strengthening of the greenback in overseas markets and rising crude oil prices.... Read more »

Fund transfers using RTGS, NEFT to cost less from July 1 says RBI

The Reserve Bank of India on Tuesday said it will withdraw all charges on fund transfer through popular RTGS and NEFT systems from July 1 and asked banks to... Read more »

Two operational creditors seek bankruptcy proceeding against Jet Airways

In a huge setback to the lenders’ revival/sale plan of the grounded Jet Airways, two operational creditors–Shaman Wheels and Gaggar Enterprises– Monday shifted the NCLT seeking bankruptcy proceedings against... Read more »