Nominal GDP needs to grow above 10% for wage growth

dia’s nominal GDP growth stands at 7.5 per cent against 11.20 per cent a year ago. ETMarkets.com | Jan 22, 2020, 10.03 PM IST Shutterstock.com The manufacturing sector in India is going through one of its difficult phases with flat profit as well as ...
Economic Times, 3 hour(s) ago
Also from: Hindu Business Line, Money Control and 1 other source

Stock markets to be open on Budget day

Stock markets will be open for normal trading on February 1, Saturday, when the Union Budget will be presented.Generally, the markets are closed on S
Hindu Business Line, 4 hour(s) ago
Also from: Money Control, NDTV and 4 other sources

Adani Group To Be World's Largest Solar Power Firm By 2025: Gautam Adani

Adani Group is aiming to expand its solar cell and module manufacturing plant in Mundra. New Delhi: Adani Group chairman Gautam Adani said on Wednesday that his company's main goal is to become the world's largest solar power company by 2025 and largest ...
NDTV, 6 hour(s) ago
Also from: Economic Times

Axis Bank Q3 profit up 4.5% at Rs 1,757 crore

Private sector lender Axis Bank on Wednesday reported a 4.5 per cent year-on-year jump in net profit at Rs 1,757 crore for the third quarter ended December 2019. The company had posted a net profit of Rs 1,680.85 crore in the corresponding quarter last year.
Times of India, 7 hour(s) ago
Also from: Hindu Business Line, Money Control

Taking stock | Nifty falls for 4th straight session; muted Q3 earnings hit sentiment

After registering a positive opening today, market benchmarks failed to hold the gains as investors stayed on the sidelines awaiting the Union Budget.
Money Control, 8 hour(s) ago
Also from: NDTV, Rediff.com and 2 other sources

Adani Power drives 21% jump in Indian utilities' coal imports in 2019

Indian utilities' coal imports jumped 21% last year, rebounding after a three-year slide mainly due to increased purchases by an Adani Power plant in western India, government data showed on Wednesday.
Reuters, 9 hour(s) ago
Also from: NDTV, Reuters

Budget 2020: Will have plan of action on economy, says Prakash Javadekar

Responding to a question about the downward revision of Indias growth rate by the International Monetary Fund (IMF), he said at a Cabinet briefing that the economy is on the path of revival and nobody should have a pessimistic view about it.
Money Control, 9 hour(s) ago
Also from: Hindu Business Line, Times of India

Government clears 100% FDI in Bharti Airtel

The department of telecom has approved raising of foreign direct investment in Bharti Airtel to 100% from existing 49%, a move that is expected to give flexibility to the loss making company in raising foreign funds. The company also has received an approval ...
Times of India, 13 hour(s) ago
Also from: Times of India, Economic Times

Nobody can dare touch any Indian Muslim, says Rajnath on apprehensions about CAA-NRC-NPR

Addressing a rally in support of the Citizenship Amendment Act (CAA) in Shatabdi Nagar here, the BJP leader said religious minorities in Pakistan, Afghanistan and Bangladesh were living a life of misery and India has fulfilled its moral duty by enacting ...
Economic Times, 1 hour(s) ago
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Five non-telecom PSUs seek clarity from SC on AGR order

Non-telecom public sector units GAIL India, Power Grid Corporation (PGCIL), Oil India (OIL) and two others are filing separate applications in the Supreme Court for clarification on applicability of its October 24 order on payment of licence fee dues.
Economic Times, 1 hour(s) ago
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