Raj Kumar Ray


India December industry output falls 0.4% as note ban weighs

Feb 10 2017

While manufacturing output fell 0.2 per cent, electricity was up 6.3 per cent and mining 5.2 per cent in December.

Modi toughens stance on corrupt, slams Opposition on demonetisation

Feb 08 2017

Modi says the fight against corruption and black money is not political.

RBI keeps rates unchanged as risks to inflation rise in FY18

Feb 08 2017

The repo rate remains unchanged at 6.25 per cent, reverse repo at 5.75 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.

Modi justifies demonetisation, slams Opposition for scams

Feb 07 2017

Modi says let us understand and appreciate the inherent strength of our people and take India to newer heights.

GST Council meet on Feb 18 at Udaipur, GST Bills may be finalised

Feb 06 2017

FM plans to move the bills pertaining to the new tax regime in the second half of the Budget session.

Parliament: Furore over Prez address, Demonetisation

Feb 06 2017

Both Lok Sabha and Rajya Sabha debated the motion of thanks to the President Pranab Mukherjee's speech on January 31.

Budget 2017: Tax rates cut, social, infra spend hiked to spur growth

Feb 01 2017

FM cuts corp and income tax rates, hikes capital expenditure by 25.4% in FY18, to push economic growth.

Budget 2017: Balancing Modi’s populism and Jaitley’s FRBM

Jan 31 2017

The Budget math could change if the government switches to a fiscal deficit range instead of a fixed target during FY18.

Rail Budget is dead, long live rail capex

Jan 31 2017

Jaitley should cash in on Prabhu's rail capex plan to stimulate demand and spur growth

Economic Survey pegs FY18 GDP growth at 6.75-7.5%

Jan 31 2017

The rise of protectionism after Donald Trump became the US president may weigh on FY18 growth prospects.

Indian Markets


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Global Markets


Stocks In News



Arm ONGC Videsh to acquire stake in offshore Namibia block

Ovl through ONGC Videsh Vankorneft has signed a pact with Tullow Namibia ltd

Will acquire 15 % participating interest in Namibia petroleum exploration license

Financial Express Reports


Is one of the 5 shortlisted vehicle manufacturers selected by united state postal services

Will supply prototype delivery trucks got its postal service

Order expected to be for about 180,000 units

Also plans to launch SUVs from Koreas Ssangyong motor company

Financial Express Reports 


Apple cuts iphone x retailers margin to 4.5%

Apple has reduced retailers margin by 30%

ET Reports


Co & BGR infra consortium win Talaipalli coal block mining order

Co, BGR infra consortium coal block order is worth Rs 25,070 Cr

Order to be executed over 25 years with annual revenue of 1000 Cr

SPV between NCC and BGR in the ratio of 51:49 to be formed

Coal production from this block expected to commence from 2019

Peak capacity of 18 mn tonnes to be achieved in 5th year of operation


Cuts prices of shampoo, air freshener, skin care products by 9%

Lower prices of some products by 9% to pass on GST rate cut

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