Economy

The landmark “Recycling of Ships Bill, 2019”, is a giant step and historical moment in the Indian Maritime arena and will have far reaching effects in Indian Ship Recycling industry, already rated as a global leader, commanding 30% share of...

National Stock Exchange of India (NSE) said interest rate options on 10-year Government of India bonds witnessed turnover of 5,926 contracts with participation from more than 50 trading members.

The Confederation of Indian Industry (CII) has shared Pre-Budget Memorandum recommendations focusing on providing impetus to Consumption and Investment with Ajay Bhushan Pandey, Finance Ministry’s Revenue Secretary.

Seven investors have been given extension for completing their Special Economic Zone areas in Andhra Pradesh, Commerce and Industry Minister Piyush Goyal told the Rajya Sabha 6 Dec 2019.

The Indian industries have been surprised by the Reserve Bank of India’s decision not to further cut repo rate at its MPC meeting on 5 Dec 2019, many pointing out the weakening economy.

National Stock Exchange’s (NSE) index services subsidiary, NSE Indices Limited has launched the Nifty BHARAT Bond Index series on 5 Dec 2019.

The Ministry of Micro, Small and Medium Enterprises will raise GST related issues faced by the sector with the Finance Minister to provide some relief to the small companies.

The Monetary Policy Committee (MPC) at its meeting on 5 December 2019 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15%.

The Cabinet Committee on Economic Affairs has approved creation and launch of Bharat Bond Exchange Traded Fund (ETF) to create an additional source of funding for Central Public Sector Undertakings (CPSUs) Central Public Sector Enterprises (CPSEs), Central Public Financial Institutions...

S&P Global Ratings has reaffirmed Sovereign Credit Rating of India at BBB- with Stable outlook, saying it expects Indian economy to continue to outperform its peers and that growth will remain strong over the next 2 years.