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  • Sunday, April, 2024| Today's Market | Current Time: 03:21:12

    • Economy

    Pranab confident economy to cross 8.5% GDP this fiscal & inflation to slip to 6.5%

    Finance Minister Pranab Mukherjee has expressed confidence that the economy will surpass 8.5 per cent growth rate this fiscal, and inflation will be manageable at 6.5 per cent by March-end. He said, although the Indian economy withstood the international financial crisis with fortitude and is now the fastest growing economy in the world after China, […]

    Economy

    Govt. to release additional sugar for January

    Centre has decided to make available over 19 lakh tonne of sugar for the month of January to meet the internal demand. According to an official release, the quantity include 2.18 lakh tonne levy sugar and 17 lakh tonne non- levy sugar. It said that the government will not hesitate to release additional quota of […]

    Economy

    Rupee closed higher against dollar

    The Rupee today ended higher by four paise at 45.12 against the US currency. This follows dollar selling by corporates and banks amid uncertainty over the greenback in the overseas markets. Dealers were reluctant to make large-scale transactions due to macro-economic worries caused by a rise in crude oil prices to above 91 Dollars a […]

    Economy

    Onion prices not to impact Govt.’s inflation assessment

    Planning Commission’s Deputy Chairman Montek Singh Ahluwalia has said that the recent spike in onion prices will not have any impact on Government’s medium term inflation assessment. Speaking at a function organised by IIT Bombay on Friday Ahluwalia said that the agricultural production has been very good this year and added that the short term […]

    Economy

    Rupee down 2 paise against US dollar in early trade

    The Indian rupee fell by 2 paise to Rs 45.18 against the US dollar in early trade at the Interbank Foreign Exchange on Friday, tracking weakness in other Asian currencies. Month-end demand from importers for the American currency and a weak opening in the stock market also weighed on the Indian rupee. Forex dealers said […]

    Economy

    Onion price drops in both retail and wholesale markets

    Steps by the Central Government and continous monitoring led to the reduction of the wholesale onion prices by nearly 60 percent in the last four days. The impact of high onion prices was also felt on food inflation, which jumped to 12.13 per cent for the week ended December 11 from single digits in the […]

    Economy

    Govt to import 25,000 tonnes of onions from Pak

    Government has vowed to do every thing possible to bring down rising onion prices. National Agricultural Cooperative Marketing Federation of India Ltd announced it would import 25,000 tonnes of onions from Pakistan. Cabinet Secretary K M Chandrasekhar told reporters that the government has also decided to move onions from Karnataka and Gujarat where the output […]

    Economy

    Onion prices will ease very quickly: Chandrasekhar

    Faced with mounting criticism over sky-high onion prices, the government has asserted the situation will improve “very quickly” thanks to steps taken to increase availability, including transportation of stocks to markets where the commodity is in short supply. “I think it will ease very quickly. We had a Committee of Secretaries meeting, so we have […]

    Economy

    India headed towards double-digit growth next fiscal: Prez

    Upbeat on the Indian economy and its growth trajectory, President Pratibha Devisingh Patil said the country’s GDP was headed towards a double-digit growth next fiscal. “This fiscal year, we are confident that our nation’s economy will grow at about nine per cent. Next year, we should be on a sustained growth path of 9-10 per […]

    Economy

    Pranab attributes rising food inflation to high onion prices

    Attributing steep rise in onion prices as one of the reasons for high food inflation, Finance Minister Pranab Mukherjee today said government is taking steps to check price rise. “I am afraid as there has been some upward movement of food items, certain other items in WPI inflation index. Of course the weekly fluctuation takes […]

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    1. Transforming Broken Tiles into Trendsetting Style, Somany Ceramics collaborates with K.R. Mangalam University on World Design Day

    2. Shyam Metalics Unveils SEL Tiger Foil: Revolutionizing Food Preservation with Innovation and Green Practices

    3. Top 5 Home Automation Brands Revolutionizing Smart Living in India

    4. Flea market and tasty delights, visitors relish Flavor Fest at Infiniti Mall

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