Archive

Category: Business

RBI keeps key rates unchanged

Reserve Bank of India (RBI) on Wednesday kept interest rates unchanged but hinted that monetary conditions are likely to remain tight because of rising risks to inflation. It raised its March-end Consumer Price Index (CPI) inflation forecast to 5.1 per…

Infra output grows 4 pc in Dec -17

India’s infrastructure output grew four per cent in December 2017 from a year ago, Index of Industrial Production (IIP) data showed. The growth in output compares with an upwardly revised 7.4 per cent year-on-year growth in November. Growth in steel…

New Industry policy by March likely

The country’s new Industrial Policy is expected to come out by March this year, a top official said. Two meetings of the Commerce and Industry Minister Suresh Prabhu with industry representatives next month is said to be final round exercise…