India beats China in export growth of locally made retail, lifestyle products
Uploading Date : 04-03-2017India is outpacing China in export growth of locally made retail and lifestyle products, according to Damco, the world’s seventhlargest freight forwarder.......
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Peak GST rate to be pegged higher at 40%
Uploading Date : 03-03-2017India has decided to peg the peak goods and services tax (GST) rate at 40% in the legislation instead of 28%, giving it the flexibility to raise rates without having to reach out to Parliament............
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Impact of demonetisation strong in finance real estate and construction growth: Yes Bank
Uploading Date : 03-03-2017The latest growth estimates released by the Central Statistical Organisation (CSO) indicates that Finance , real estate and construction sector are visibly hit by high value note ban or demonetisation, a report by Yes Bank notes.
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India seeks $5-7 billion aid from World Bank
Uploading Date : 02-03-2017Union Finance Minister Arun Jaitley on Wednesday urged the World Bank to grant India $5-7 billion to meet its funding requirements. "An increase in World Bank's support is imperative to meet our current requirement of $5-7 billion and for a huge pipeline of projects," said Jaitley in a statement after meeting its Chief Executive Kristalina I. Georgieva here..................
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Banks to levy Rs 150 after four cash tansactions
Uploading Date : 02-03-2017Some banks, including HDFC Bank, have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month...........
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GDP growth slows to 7% in Q3FY17
Uploading Date : 01-03-2017The annual economic growth slowed to 7% in the three months through December from a revised 7.4% expansion in the previous quarter, government data showed on Tuesday............
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Core sector growth slows down to 3.4% in January
Uploading Date : 01-03-2017Core sector growth slipped to a fivemonth low in January but remained comfortably in the positive zone. Contraction in the output of refinery products, fertiliser and cement pulled down the index that tracks growth in eight infrastructure sectors...........
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