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P-notes investment jumps to Rs 78,110 crore at March-end

P-notes investment jumps to Rs 78,110 crore at March-end

With positive market sentiments, the share of foreign portfolio investments (FPI) in domestic capital markets through participatory notes (P-notes) jumped to Rs 78,110 crore at the end of March. According......

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India

India's steel demand may grow above 7% in 2019, 2020: World Steel Association

The World Steel Association in its latest report 'Short Range Outlook April 2019' has said India's steel demand is likely to grow above 7 per cent in the current year (2019) as well as next year (2020).......

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India likely to receive

India likely to receive 'near normal' monsoon in 2019: IMD

Easing concerns over farm and economic growth in the country, the India Meteorological Department (IMD) in Long Range Forecast for 2019 southwest monsoon rainfall stated that the country is likely to have......

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Factory output slows down to 20-month low of 0.1% in February

Factory output slows down to 20-month low of 0.1% in February

India's factory output, as measured in terms of the Index of Industrial Production (IIP), slowed down to 20-month low of 0.1% in February, mainly due to contraction in the manufacturing sector. It had......

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India

India's economy needs to grow even faster to deal with poverty, other challenges: Das

In order to deal with poverty and other challenges, Reserve Bank of India ( RBI) Governor Shaktikanta Das said the expansion of the India , world's fastest-growing major economy, needs to pick up to around......

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Exporters to face challenges like protectionism, commodity prices, inadequate liquidity: FIEO

Exporters to face challenges like protectionism, commodity prices, inadequate liquidity: FIEO

Listing out challenges to be faced by exporters, Federation of Indian Export Organisations (FIEO) has said that rising protectionism, fluctuation in commodity prices and inadequate availability of liquidity......

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IMF projects India's growth rate at 7.3% for 2019

The International Monetary Fund (IMF) in its latest World Economic Outlook (WEO) has projected India's growth rate at 7.3% in 2019 and 7.5% in 2020, supported by the continued recovery of investment and......

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India's GDP growth to accelerate moderately to 7.5% in FY20: World Bank

The World Bank in its latest report on South Asia has said that India's Gross Domestic Product (GDP) growth is expected to accelerate moderately to 7.5% in the fiscal year 2019-20 (FY20), supported by......

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India to become third largest economy in world by 2030 with $10 trillion GDP: Jaitley

Expressing optimism over growth of Indian economy, Finance Minister Arun Jaitley has said the country is expected to become the third largest economy in the world by 2030 with Gross Domestic Product (GDP)......

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Govt close to meeting fiscal deficit target of 3.4% for 2018-19: Finance Secretary

Expressing optimism over fiscal position of the country, Finance Secretary Subhash Chandra Garg has said the government is close to meeting fiscal deficit target of 3.4% for 2018-19. The government in......

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India's exports to reach $32.38 billion in March: Suresh Prabhu

Expressing hopes over growth of India's exports, Commerce and Industry Minister Suresh Prabhu has said that the country's exports are expected to reach $32.38 billion in March, the highest in any month......

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Fiscal deficit touches 134.2% of target in April-February; stands at Rs 8.51 lakh crore

The Controller General of Accounts (CGA) in its latest data has stated that India's fiscal deficit touched 134.2% of the full-year revised budgeted estimate at the end of February 2019, mainly due to tepid......

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India one of the fastest growing large economies in the world: IMF

Emphasizing on several key reforms carried out by India in the last five years, the International Monetary Fund (IMF) stated that the country has been one of the fastest growing large economies in the......

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Govt increases investment limit for availing income tax concessions by startups

The government has given a major relief to startups by enhancing definition of startups. It has decided to relax angel tax norms for startups, including increasing the investment limit to Rs 25 crore for......

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India needs revolution in farm sector to achieve 9-10% GDP growth: Niti Aayog CEO

Niti Aayog CEO Amitabh Kant has stated that there is need to bring revolution in farm sector to attain 9-10% Gross Domestic Product (GDP) growth. He also said that there is a need to boost investment in......

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