The domestic equity market ended at over two-month high on Tuesday, driven by solid buying in heavyweight stocks such as Reliance Industries (RIL), HDFC and ICICI Bank.
India and Mongolia today discussed economic cooperation in areas such as infrastructure development, energy, services and IT and agreed to explore possibility of launching direct air connectivity between New Delhi and the Mongolian capital Ulaanbaatar.
India is seeking more oil, drones and aircraft from the U.S. to help narrow its $28 billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump’s trade spat with China.
Coal supply position for thermal power plants is expected to remain tight for about two years, after which new railway links will help ease the situation.
India has an extensive 7,500 km coastline with 12 major ports and just under 200 minor ports, of which 139 are functioning.
The Eastern Peripheral Expressway (EPE), which consumed 5 lakh tonne of cement and 1 lakh tonne of steel, is going to be completed in a record time of about 500 days against a target of 910 days.
In an interaction with ETNow, A Prasanna, Chief Economist, ICICI Securities, says oil price rise will affects current account deficit, and then the balance of payment.
Do you think RBI has turned hawkish in the minutes of the recent policy review compared with its previous dovish tone?
The Competition Commission of India (CCI) has slashed penalty imposed on leading zinc-carbon dry cell battery manufacturers Eveready Industries India, Indo National and Panasonic Energy India for colluding to fix prices of their products.
Power tariff has been increased by over 2 per cent for domestic as well as industry in Punjab for 2018-19 as the Punjab State Electricity Regulatory Commission sough to bridge Rs 669 crore in revenue and expenditure.