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Manufacturing PMI rises to 52.2 in September 2018

According to Nikkei India Manufacturing Purchasing Managers Index (PMI), manufacturing activity improved in September 2018 on the back of stronger gains in new orders, output, and employment. The monthly PMI grew to 52.1 in September 2018 from 51.7 in August ..

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BSE becomes first stock exchange to launch commodity derivative contracts

India’s leading bourse Bombay Stock Exchange (BSE) became first stock exchange in the country to launch commodity derivative contracts. It has launched contracts in popular commodities like gold (1kg) and silver (30kg).  This launch comes after unified exchange regime kicked ..

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Core Infra sector growth slows to 4.2% in August 2018

As per data released by Ministry of Commerce and Industry, the growth of core eight infrastructure sectors slowed down to 4.2% in August 2018 against 4.4% in the year-ago in same month. Key Facts The decline in growth was on ..

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IMF, World Bank and WTO launch Reinvigorating Trade and Inclusive Growth Report

International Monetary Fund (IMF), World Bank and World Trade Organization have collectively launched report “Reinvigorating Trade and Inclusive Growth”. In this report all three international organisations have sought liberalisation of global service sector, asserting that barriers to these services trade ..

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SBI Caps appointed as transaction adviser to Ministry of Defence

For the first time, the Defence Ministry has appointed a transaction adviser and a legal adviser for procurement projects under the Strategic Partnership (SP) model. SBI Caps [Capital Markets] has been appointed as the transaction adviser. The first task for ..

Cabinet approves National Digital Communications Policy-2018

Union Cabinet chaired by Prime Minister Narendra Modi has approved National Digital Communications Policy-2018 (NDCP 2018). It also has re-designated Telecom Commission as Digital Communications Commission. It replaces existing National Telecom Policy-2012 to cater to the modern needs of the ..

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Government launches Financial Inclusion Index

Union Minister of Finance and Corporate Affairs Arun Jaitley launched Financial Inclusion Index in New Delhi. It was launched after his Annual Performance Review Meeting with CEOs of Public Sector Banks (PSBs). Financial Inclusion Index (FII) The annual FII will ..

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NSE, LSE inks MoU for dual listing of masala bonds

National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed Memorandum of Understanding (MoU) to collaborate on creating dual listing route for masala bonds and foreign currency bonds of Indian issuers. Through approval of single listing document, ..

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