LIVE MARKET TRACKER :   BSE SENSEX   29943.24      |    NSE NIFTY 9306.60    
GLOBAL MARKETS :  NASDAQ 6025.49   +0.70%    |    FSI London 7275.64   +0.15%    |    NIKKEI Japan 19079.33   +1.08%
  USD GBP EUR CAD AUD INR
USD - 0.7793 0.9155 1.3578 1.3269 64.3600
GBP 1.2832 - 1.1745 1.7422 1.7024 82.6044
EUR 1.0926 0.8515 - 1.4834 1.4495 70.2905
CAD 0.7367 0.5745 0.6744 - 0.9777 47.4140
AUD 0.7538 0.5876 0.6901 1.0234 - 48.4910
INR 0.0155 0.0121 0.0142 0.0212 0.0207 -
Indian-Commodity  :  Top News  :  Jaitley calls for a judicious mix of fiscal, monetary and structural policies to deal with Brexit

Jaitley calls for a judicious mix of fiscal, monetary and structural policies to deal with Brexit (22-Jul-2016)

Finance Minister Arun Jaitley has underlined the need for a judicious mix of fiscal, monetary and structural policies by major economies to deal with the heightened uncertainty on account of Brexit. Jaitley said that Britain's decision to exit from the European Union has further heightened uncertainty, market volatility and risk-averse behaviour.

Jaitley who could not attend the first annual meeting of the Board of Governors of the New Development Bank (NDB) held in Shanghai, because of the ongoing Parliament session back home, said in a written speech read out by Joint Secretary in the Finance Ministry Raj Kumar that governments, central banks and regulators have to mitigate the pressure of such vulnerabilities through judicious mix of fiscal, monetary and structural policies.

He further said that India is following the approach of 'Reform to Transform' through far-reaching structural reforms. “We have taken several initiatives to boost investment climate and improve the ease of doing business.”

Jaitley outlining the challenges said the current global economic context is far from being robust and is marked by a modest pickup in some advanced economies from their low levels of growth. He also said that decline in growth in emerging markets and developing economies, increased financial sector volatility, and, in general, a downward revision of global growth projections by the International Monetary Fund (IMF) also pose challenges. Meanwhile, India has called for the NDB-set up by the BRICS countries to develop a strong pipeline of projects, with focus on cost-effective energy generation, transport projects that reduce regional inequality and promote inclusive growth, and urban infrastructure projects.


Top News Today
RIL reports 12% rise in Q4 consolidated net profit
(25-Apr-2017)

RIL reports 12% rise in Q4 consolidated net profitReliance Industries (RIL) has reported results for fourth quarter and year ended March 31, 2017.The company has reported a rise of 12.79% in its net profit at Rs 8,151 crore for the quarter ended March......click on news to read complete article.

Rachana Capital opens two branch offices
(25-Apr-2017)

Rachana Capital opens two branch officesRachana Capital & Securities has opened two Branch offices -- Processing Unit & Marketing Unit. The company has opened purchase & processing office at Nandeshma Gogunda, Udaipur......click on news to read complete article.

Asian Oilfield successfully completes two contracts worth Rs 111 crore
(25-Apr-2017)

Asian Oilfield successfully completes two contracts worth Rs 111 croreAsian Oilfield Services has successfully completed the mobilization of Crew and Equipment of 2 more contracts totalling Rs 111 crore. One of the contracts was from Oil India worth Rs 63.75 crore, while......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals on Tuesday
(25-Apr-2017)

Asian markets trade mostly higher in early deals on TuesdayMost of the Asian equity benchmarks are trading up in the early deals on Tuesday, following the global rally on Monday after encouraging results from the French presidential election helped ease worries......click on news to read complete article.

US markets closed higher on French voting result
(25-Apr-2017)

US markets closed higher on French voting resultThe US markets closed higher on Monday with major indexes advancing more than 1% and the tech-heavy Nasdaq scoring a record high close following a strong showing by centrist Emmanuel Macron in the French......click on news to read complete article.

Geopolitical uncertainty drag US markets lower on Friday
(22-Apr-2017)

Geopolitical uncertainty drag US markets lower on FridayUS markets ended the lackluster day of trade in red terrain on Friday amid geopolitical uncertainty ahead of the first round of voting in the French presidential election on Sunday. Recent polls have suggested......click on news to read complete article.

 

     
  
Recent Top News News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.