Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
The lower House of the Parliament on Thursday passed the Motion of Thanks on the President's Address, even as proceedings were repeatedly disrupted by sloganeering from Opposition members, following which the House was adjourned till 2 pm.
Speaking in the Rajya Sabha on Wednesday, Masthan Rao said the people of Andhra Pradesh were listening with shock, anger and frustration as YSRCP leaders lowered the dignity of Parliament by speaking blatant untruths despite repeated warnings from the Honourable Chairman.
"Manufacturing matters for currency strength, for lower cost of capital, and also in today's world, manufacturing has taken on a strategic dimension," Nageswaran said while addressing the PHD Chamber of Commerce and Industry's (PHDCCI) post-Budget session.
The meeting is part of the EAM's ongoing three-day visit to the United States and comes a day after the announcement of the India-US trade deal under which Washington has agreed to lower tariffs on Indian goods to 18 per cent.
He said the decision by the US administration to lower tariffs on Made in India goods reflects the strong leadership and effective diplomacy of Prime Minister Narendra Modi.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
The Lower House of the Parliament on Tuesday was adjourned till 12 noon following continuous sloganeering by the Opposition MPs during the Question Hour.
Following the announcement of the India-US trade deal, which lowered tariffs on Indian imports to 18 per cent, US Congresswoman Sydney Kamlager-Dove on Monday (local time) urged the Trump administration to act swiftly to strengthen bilateral ties.
Following the announcement of the India-US trade deal on Monday, in which Washington reduced tariffs on India to 18 per cent, New Delhi now faces lower tariffs than its regional export competitors in South and Southeast Asia.