The marginal dip in the CPI inflation in July was led by fuel and light, which recorded a disinflation. Reuters
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi: Amid the rising mercury levels in India’s capital, the peak power demand touched 6,612 megawatt (MW), highest for the season and up by about 3,000 MW from the peak power demand recorded in the city in 2006. The power demand of the city had crossed the 6,000 MW mark last week and has been rising since then.
New Delhi/Mumbai: A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages. Economy watchers contend that subdued food prices coupled with growth concerns allows RBI
Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market on Wednesday in a dramatic debut that held until closing and pushed its value
After seven record years of operational growth, the Abu Dhabi Ports flagship Khalifa Port is set for further expansion, said company executives. Khalifa Port, strategically
Thyssenkrupp’s elevator unit, which has been put up for sale by the ailing conglomerate, aims to improve its profitability through cost cuts, more efficient factories