business news in india

Wholesale price inflation drops to 1.89% in November

Wholesale price inflation drops to 1.89% in November

New Delhi: The country’s wholesale price inflation has declined to 1.89 percent in November, the lowest in the last three months, the Union Commerce Ministry said. It is noteworthy that wholesale price inflation was 2.36 percent in October and 0.39 percent in November last year. The main reason for the decline in inflation was the […]

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Growth in September quarter falls to lowest in 7 quarters

Growth in September quarter falls to lowest in 7 quarters

New Delhi, Nov. 30- In the second quarter of the current financial year, from July to September, the country’s economic growth has slowed to 5.40 percent. While the Reserve Bank had predicted that the country’s growth would be 7 percent in this quarter, the official data released by the National Statistics Office yesterday showed a

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Retail Price Inflation to be Calculated in a new way

Retail Price Inflation to be Calculated in a new way

New Delhi, The Union Ministry of Statistics and Programme Implementation is planning to use online retail prices, data usage and tourism expenditure as alternative sources of information to track the economic situation of the country. New method of calculating retail price inflation, Apart from the survey on tourism expenditure, the Ministry of Statistics is planning

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Echoing US accusations: Kenya cancels deal with Adani

Echoing US accusations Kenya cancels deal with Adani

Nairobi: Kenya has cancelled a deal with Adani to expand its airport following US allegations. Kenya had signed a deal with Adani to expand its aviation infrastructure in Kenya. The country’s Ministry of Energy also signed a $736 billion power supply deal with the company. In this context, the US has filed a case in

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Top news, sbi debit cards maintenance fee increase

Top news, sbi debit cards maintenance fee increase

Mumbai Stock Exchange to introduce sbi debit cards maintenance fee increase, and same-day settlement from today. Increase in Indians going to Australia MUMBAI: In January this year, the number of Indian tourists to Australia has increased by 6 percent, according to the Department of Tourism Australia. He further said: The arrival of Indians, which was

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Fraudulent price fluctuations in the investment segment.

Fraudulent price fluctuations in the investment segment.

In the small and medium enterprises investment segment, there are signs of fraudulent price fluctuations, said Madhabi Puri Buch, chairman of SEBI. He has advised that this fraudulent price fluctuation is taking place both in new share issue and trading and investors should be safe in this regard. He said in this regard, In the

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