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13 December, 2018 9:18 PM Industrial output sets tone for robust economic growth: India Inc on IIP data

New Delhi: India Inc on Wednesday cheered the encouraging October industrial production and said it sets the tone for a robust economic growth in the second half of the fiscal. India's industrial output grew at an 11-month high of 8.1 percent in October mainly on the back of mining, power and manufacturing sectors coupled with higher offtake of capital 53

12 December, 2018 4:21 PM India's November retail inflation eases to 2.33%, October IIP at 8.1%

Driven by softer food prices India`s retail inflation rate eased to 2.33 percent in November. New Delhi: Driven by softer food prices India`s retail inflation rate eased to one-and-half year low of 2.33 percent in November as compared 3.31 percent in October, government data showed on Friday. On the other hand the country's industrial output rose in October 53

10 December, 2018 8:14 AM Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist

The Indian government must heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld has said, amidst reports of friction between the central bank and the finance ministry over several issues, including how much capital the apex bank needs. Addressing a group of journalists here on Sunday, he also said the International Monetary 58

7 December, 2018 5:21 PM Top 10 fastest growing cities in the world are in India: Find out which is number 1

India will be at the epicentre of the next economic spurt, as 17 of the world’s 20 fastest-growing cities between 2019 and 2035 are from India. A study conducted by Oxford Economics ranked cities that will have the highest year-on-year Gross Domestic Product (GDP) growth over the span of 20 years, with India dominating the top 10 cities in terms of economic 49

7 December, 2018 3:30 AM Rupee gains 35 paise Vs dollar in early trade

The Indian rupee gained in the early trade on Friday. It opened higher by 35 paise at 70.55 per dollar on Friday versus previous close 70.90 per dollar. Rupee weakened sharply against the US dollar ahead of the important OPEC meeting that was scheduled last evening. In the second half of the session rupee rose after oil prices came under pressure following 38

5 December, 2018 4:24 PM Keep Oil Flowing, Says Trump Ahead Of Oil-Exporting Nations' Group Meet

OPEC meets in Vienna on Thursday. Official U.S. government oil production and inventory data are also due on Thursday. U.S. President Donald Trump on Wednesday called on the Organization of the Petroleum Exporting Countries and its allies not to cut oil production next year, saying it would trigger higher oil prices worldwide. "Hopefully OPEC will be keeping 65

27 November, 2018 11:27 AM Detel D1 LCD TV Launched in India at Rs. 3,999, Claims to Be 'World's Most Economical TV'

Indian company Detel, known for its phone business, on Tuesday launched a new LCD TV model that is touted to be the world's most economical TV. Priced at Rs. 3,999 the new Detel D1 LCD TV features a 19-inch A+ grade panel. It also comes with an HDMI port as well as a USB port. Like other televisions, the Detel D1 can also be used as a computer monitor 106

25 November, 2018 8:18 AM Fuel Prices Cut By Up To 50 Paise Per Litre In Metros

Fuel rates were further slashed by up to 50 paise per litre across the four metro cities on Sunday by OMCs (oil marketing companies). Petrol was priced at Rs. 74.84 per litre in Delhi, Rs. 76.82 per litre in Kolkata, Rs. 80.38 per litre in Mumbai and Rs. 77.69 per litre in Chennai, according to Indian Oil Corporation (IOC). Diesel rates stood at Rs. 69.70 per litre 68

24 November, 2018 8:27 AM Petrol Price Drops To Rs 75.25 Per Litre In Delhi, Diesel Rate Falls

Tracking a fall in global crude prices, petrol and diesel rates were slashed across the four metro cities on Saturday. Petrol was priced at Rs. 75.25 per litre in Delhi, Rs. 77.22 per litre in Kolkata, Rs. 80.79 per litre in Mumbai and Rs. 78.12 per litre in Chennai, according to Indian Oil Corporation (IOC). Diesel rates stood Rs. 70.16 per litre in Delhi 61

19 November, 2018 12:28 PM Sugar production down 15% so far in 2018-19 mkt year

India's sugar production fell by 15 percent to 1.16 million tonnes till November 15 of the current marketing year that started last month as many mills have not yet started crushing operation in this season, industry body ISMA said on November 19. Indian Sugar Mills Association (ISMA) had last month forecast that the production in the current 2018-19 marketing 71