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RBI Introduces Measures To Increase Liquidity Flow For NBFC Sector

In September, RBI said it will ease SLR norms from October to induce liquidity into the financial system amid concerns of a credit crunch.

Outlook Web Bureau | Oct 19, 2018
Slowing Global Economy Big Concern For India, Says Suresh Prabhu

The World Trade Organisation (WTO) last month lowered the growth projections for trade to 3.9 per cent from the 4.4 per cent estimated earlier for 2018.

Outlook Web Bureau | Oct 16, 2018
Audi To Pay 800 Million Euro Fine In Germany Over Diesel Cheating

"Audi AG has accepted the fine" investigators levied for "deviations from regulatory requirements in certain V6 and V8 diesel aggregates and diesel vehicles", the group said in a statement, adding that "the fine will directly affect Volkswagen AG's financial earnings" for 2018.

Outlook Web Bureau | Oct 16, 2018
RBI Approves Sandeep Bakhshi's Appointment As ICICI Bank MD, CEO

After resignation of Chanda Kochhar, who was facing inquiry, earlier this month, the bank's board had elevated Chief Operating Officer (COO) Bakhshi as the new managing director and CEO for five years.

Outlook Web Bureau | Oct 16, 2018
Rupee Falls 36 Paise To 73.93 Against Dollar In Early Trade

Friday, the rupee had ended 55 paise higher at 73.57 against the dollar, as global crude prices eased and domestic indices staged a smart rebound.

Outlook Web Bureau | Oct 15, 2018
Govt Hikes Customs Duty On Mobile, Smart Watches By 10 Per Cent

The notification issued by shall be effective from the 12th October 2018.

Outlook Web Bureau | Oct 12, 2018
Sensex Jumps Over 400 Points, Nifty Hits 10,350

The gains came a day after a massive slide in global markets and fears of continued foreign fund outflows that pulled both the key Indian indices lower by 2 per cent on Thursday.

Outlook Web Bureau | Oct 12, 2018
Orderly Depreciation Of Rupee Will Lead To Positive Development: World Bank Official

As rupee hit an all-time historic low, a World Bank official said that it would increase competitiveness and release pressures in capital markets.

Outlook Web Bureau | Oct 11, 2018
James Murdoch Taking Over As Tesla's Chairman 'Incorrect': Elon Musk

Financial Times report that claimed James Murdoch was going to join Tesla as Chairman, Musk tweeted on Thursday that this was not true.

Outlook Web Bureau | Oct 11, 2018
Sensex Crashes Over 1,000 Points, Nifty Below 10,200 On Global Sell-Off

The rupee plunged to a new low of 74.46 against the dollar, while the international benchmark Brent crude breached the US 86 per barrel level, nearing its four-year high.

Outlook Web Bureau | Oct 11, 2018
Rupee Hits All-Time Low Of 74.45 Against US Dollar

On Tuesday, the rupee tumbled 33 paise to finish at a fresh lifetime low of 74.39 against the US dollar.

Outlook Web Bureau | Oct 11, 2018
IL&FS; Case: Possibility Of Fraud Cannot Be Ruled Out

IL&FS will also be the test case for National Financial Reporting Authority(NFRA), the source said.

Outlook Web Bureau | Oct 10, 2018
India's Debt Is Below The Average Of Emerging Market Economies: IMF

In the last few years in India private debt has declined from almost 60 per cent to 54.5.

Outlook Web Bureau | Oct 10, 2018
Sensex Up By 400-Points, Nifty Above 10,400

1,236 shares advanced against a decline of 420 shares, while 1,708 shares were unchanged. Banks, infrastructure and metals saw significant gains in morning trade.

Outlook Web Bureau | Oct 10, 2018
Rupee Rises From Record Low, Recovers 23 Paise Against US Dollar

The benchmark BSE Sensex rose 110.20 points or 0.31 per cent, to 34,409.67 in opening trade.

Outlook Web Bureau | Oct 10, 2018
Rupee Closes At Record Low Of 74.39 After Losing 33 Paise Against US Dollar

The rupee closed at 74.39 against the US dollar, down by 33 paise, marking its sixth straight session of decline.

Outlook Web Bureau | Oct 09, 2018
IMF Retains India FY19 Growth Outlook At 7.3% In 2018

The report said that aggregate growth in the emerging market and developing economy group stabilised in the first half of 2018.

Outlook Web Bureau | Oct 09, 2018
IMF Gives Credit For Reforms Under Modi, Projects India As Fastest Growing Economy

This was the final WEO released under Obstfelt's watch as he is leaving the IMF at the end of this year and will be succeeded by Gita Gopinath, the Kerala government's economic adviser.

Outlook Web Bureau | Oct 09, 2018
Amazon Fires Employee For Sharing User Details With Third-Party Sellers

It was previously reported that sellers have paid as much as USD 2,000 to get access to the data.

Outlook Web Bureau | Oct 08, 2018

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