Mumbai : Reserve bank of India on Friday slashed its full year growth forecast to 6.1%from 6.9% in august furling fears that the Indian economy is headed for a meltdown this year and could register the slowest rate of growth since the 5.5% recorded in 2012-13. Sharpest cut in growth forecast, the policy interest rate had been slashed to lowest level 4.75% on April 21, 2009.
Daily Archives: October 5, 2019
Kolkata : • Stock Check:Sensex Intraday Movement • Currencies : US$, UK Pound, Euro • Indices : BSE, NSE • Commodities : Gold, Silver, Crude, Copper • Money Market : Tbill 91-Day , (1,5,10 Year) Gilt •
Stock Check (India)
New Delhi : The country’s services sector activity contracted in September and fell to its lowest level since February 2018, amid weak demand, competitive pressures and challenging market conditions , a monthly survey showed friday.
Setback for Services
New Delhi : Low-cost carrier Spice-Jet may consider taking some of the Boeing 737 MAX planes that were due to be delivered to Jet Airways but are still sitting in Seattle , Its chairman said on Friday.