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19 October, 2017 4:02 AM Instant View: China's third quarter GDP grows 6.8 pct y/y, in line with forecasts

BEIJING (Reuters) - China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum 26

19 October, 2017 3:22 AM China's economic growth edges down in latest quarter

China's growth edged down to a still-robust 6.8 percent compared with a year earlier in the three months ending in September, down marginally from the previous quarter's 6.9 percent, government data showed Thursday. BEIJING: China's economic growth stayed relatively stable in the latest quarter, buoyed by strength in retail spending and exports and giving 24

18 October, 2017 2:20 PM Jio's 84-day plan hiked to Rs 459; double data in Rs149 scheme

MUMBAI: Reliance Jio Infocomm has effectively increased the prices of some popular mobile plans, indicating early signs of stability in the industry that is struggling to keep pace with low tariffs introduced by the Mukesh Ambani-owned company. The telco’s most popular plan of Rs 399 for 84 days will now be available for Rs 459 and subscribers who want to continue 21

18 October, 2017 2:52 AM Tata Sponge Iron Q2 net profit jumps 72% to Rs 28 cr

Tata Sponge Iron reported a 72 per cent rise in its standalone net profit to Rs 27.61 crore for the quarter ended September 30. The company had posted a profit of Rs 16.05 crore in the corresponding quarter of previous fiscal, Tata Sponge Iron Ltd said in a BSE filing. The firm's total income also rose to Rs 176.65 crore in July-September quarter from Rs 162.80 crore 27

17 October, 2017 1:31 PM The Daily 202: Hawks worry about the lack of American resolve to confront North Korea

PALO ALTO, Calif. — President Trump’s bellicose rhetoric toward North Korea is making it harder to marshal domestic support for potential United States intervention. This is a widespread concern among fellows at the Hoover Institution, a right-leaning think tank on the campus of Stanford University. Trump has tweeted that Secretary of State Rex Tillerson 12

17 October, 2017 12:52 PM Bajaj Holdings Q2 Consolidated Profit Rises 19% To Rs 834 Crore

New Delhi: Bajaj Holdings and Investment Ltd (BHIL) Tuesday reported a 19 per cent rise in its consolidated profit after tax (PAT) at Rs 834 crore for the September quarter of the current fiscal. The company's PAT in the corresponding July-September period of 2016-17 was Rs 698 crore. The company received Rs 618 crore as share of profit after tax of associate 31

16 October, 2017 10:50 AM Colgate-Palmolive Posts 2% Fall In Q2 Profit

New Delhi: FMCG firm Colgate-Palmolive (India) Ltd on Monday reported a 2.06 per cent decline in net profit at Rs 177.57 crore for the second quarter that ended on September 30, 2017. Colgate-Palmolive (India) had posted a net profit of Rs 181.31 crore during the corresponding period of the previous fiscal year, the company said in a regulatory filing 29

16 October, 2017 8:43 AM Bajaj Finance's Q2 net profit rises 37% at Rs 557 cr; asset quality improves

NBFC major Bajaj Finance reported 37 percent rise in its September quarter net profit at Rs 557 crore against Rs 408 crore during the same period last year. The number was largely in line with CNBC-TV18 poll of Rs 566 crore. The net interest income (NII) was higher by over 41 percent at Rs 1,958 crore against Rs 1,385 crore year on year. The revenue 15

16 October, 2017 7:49 AM Federal Bank Q2 Profit Rises 31%, Beats Estimates

Federal Bank Ltd posted a 31 per cent rise in second-quarter net profit, helped by lower provisions for bad loans. Net profit rose to Rs 264 crore ($40.8 million) in the quarter ended September 30, the private-sector lender said on Monday. Analysts on average had expected a net profit of Rs 254 crore, according to Thomson Reuters data. Gross bad loans 20

15 October, 2017 4:24 PM GDP may grow at 7% in FY’18: NITI Aayog

NITI Aayog Vice-Chairman Rajiv Kumar has said the economic slowdown that began in 2013-14 has bottomed out and the GDP is likely to grow at 6.9-7 % this fiscal and 7.5% in 2018-19. The economic growth slowed to 7.1% in 2016-17, the year in which 87% of the currency was demonetised, despite a very good show by the agricultural sector. On a quarterly basis 22