Speaking at the ASEAN Business and Investment Summit here, he said government actions in the past 18 months have led to bringing down inflation while at the same time leading to higher GDP growth and foreign investment. “Reform is not an end in itself.
Posts tagged MC
Mali in mourning after at least 27 killed in hotel attack (21-11-2015)
The assault, claimed by Al-Qaeda affiliate the Al-Murabitoun group led by notorious one-eyed Algerian militant Mokhtar Belmokhtar, ended after Malian and international troops stormed the luxury Radisson Blu hotel in Bamako.
India doing better under NDA on economic indicators: Modi (21-11-2015)
“By almost every major economic indicator, India is doing better than the period when we took office…we are working towards making India a manufacturing hub,” said Modi at the ASEAN Summit in Malaysia.
SP 500 scores best week in almost a year (21-11-2015)
The Dow Jones industrial average rose 0.51 percent to end at 17,823.81 points and the SP 500 gained 0.38 percent to 2,089.17. The Nasdaq Composite added 0.62 percent to 5,104.92.
‘Don’t see mkt heading lower, 7500-7700 strong resistance’ (20-11-2015)
Sanjay Dutt of Quantum Securities says the market has been fairly resilient at the 7500-7700 level. “Everything has been thrown at the market, right from the unfortunate Paris terror attacks last week to currency weakness, to commodities collapsing to new lows, everything has been thrown at the markets and markets have fairly held out,” he says
HDFC Realty unveils online home auctions (20-11-2015)
HDFC Realty has decided to implement a price discovery mechanism. It has tied up with a website called ibidmyhome.com. And customers can access this site to bid for houses at prices they are comfortable with.
Strides Shasun seek fresh approval to raise up to Rs 1500cr (20-11-2015)
The company has called for an extraordinary general meeting on December 12 to discuss the proposal to raise the money.
10yr bond yield rises on concerns FY16 fiscal gap may widen (20-11-2015)
The recommendations, presented on Thursday, would involve an additional outgo of Rs 1.02 lakh crore a year. The recommendations will come into effect from January 1, 2016.
Pay hike: Experts warn on deficit; govt confident of target (20-11-2015)
Minister of State for Finance Jayant Sinha said he was confident that the government will stick to fiscal consolidation laid out in the Budget.
Govt may extend Cairn’s production sharing contract (20-11-2015)
Recently, a Committee headed by the Directorate General of Hydrocarbons (DGH) on policy for grant of extension to the Production Sharing Contracts (PSC) for small, medium-sized and discovered fields that were awarded to private firms in 1990s, has recommended a uniform 10-year extension but on revised terms and conditions.