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WPI inflation falls 3.21% in May due to falling crude oil prices

作者:admin 2020-06-21

New Delhi: India’s Wholesale prices inflation fell 3.21 percent in May due to sharp decline in prices of fuel and power. "The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21 per cent (provisional) for May 202 阅读全文

Fitch revises India's outlook to negative from stable, affirms IDR at BBB-

作者:admin 2020-06-21

New Delhi: Fitch Ratings on Thursday revised India's outlook to 'negative' from 'stable', owing to coronavirus pandemic that has 'significantly weakened' the country's growth prospects for the year. "Fitch Ratings has revised the Outlook on India's L 阅读全文

Petrol and diesel prices hiked for 13th straight day – Check latest price in major cities

作者:admin 2020-06-21

New Delhi: Petrol price on Friday was hiked for the 13th consecutive day taking the cumulative increase in rates to Rs 7.11 and Rs 7.67 per litre respectively in less than two weeks. Petrol price in Delhi was hiked to Rs 78.37 per litre, while diesel 阅读全文

India’s first gas exchange launched: Know how the online delivery-based gas trading platform works

作者:admin 2020-06-21

New Delhi: The government has launched Indian Gas Exchange (IGX) –first nationwide online delivery-based gas trading platform. Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan launched the Indian Gas Exchange (IGX), in an e-ceremo 阅读全文

Fuel price increased in Delhi; Petrol to cost Rs 78.88 and diesel Rs 77.67 per litre

作者:admin 2020-06-21

The price of fuel in Delhi were hiked for the 14th day in a row by the oil marketing companies on Saturday (June 20, 2020). The price of petrol was increased by 55 paise, rising the cost to Rs 78.88/litre and the price of diesel was hiked by 63 paise 阅读全文

PM SVANidhi scheme: SIDBI engaged as implementation agency to give special micro-credit facility to street vendors

作者:admin 2020-06-21

New Delhi: The Ministry of Housing and Urban Affairs signed MoU with Small Industries Development Bank of India (SIDBI) in order to engage SIDBI as the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) - a Special Micro-Cre 阅读全文

India ranks 43rd on IMD's World Competitiveness Index, Singapore retains top position

作者:admin 2020-06-21

New Delhi: India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping i 阅读全文

Petrol, diesel prices hiked for 15th straight day. Check latest price in Delhi and other major cities

作者:admin 2020-06-21

The price of diesel touched a new high in Delhi on Sunday (June 21) after the price of diesel was increased by 60 paise per litre by state-run oil marketing companies. The price of petrol was hiked by by 35 paise, taking the cumulative increase to Rs 阅读全文

Former Reserve Bank Governor Urjit Patel named NIPFP chairman

作者:admin 2020-06-21

New Delhi: Former Reserve Bank governor Urjit Patel will take charge as chairman of the National Institute of Public Finance and Policy (NIPFP) from June 22, the economic think tank said on Friday. Patel will replace Vijay Kelkar, who assumed office 阅读全文

EMI moratorium: SC seeks response on moratorium period interest, matter listed for July 17

作者:admin 2020-06-13

New Delhi: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by ban 阅读全文