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GDP growth in current financial year expected to be around 5.5%

The GDP growth in the current financial year is expected to be around 5.5 per cent. Mid-year economic analysis tabled in Parliament, today, said the investment is yet to pick up significantly. However, it noted that on the up side inflation has come down. It said the backlog of stalled projects need...


Fall in global oil prices temporary problem, says Saudi Arabia's Oil Minister

Saudi Arabia's Oil Minister Ali Al Nuaimi has said that the fall in global oil prices is a temporary problem which will pass off over a period of time. He also rejected reports that the Saudi Arabia is pushing prices lower. Ali Al Nuaimi said in Riyadh that the sharp falls were not driven by pol...


SEBI working to simplify KYC process for rural customers

The Securities and Exchange Board of India, SEBI is working to simplify KYC process for rural customers in a bid to bring them to capital markets. Addressing a meeting in Mumbai yesterday, SEBI’s Whole-time Member Rajeev Kumar Agarwal said that the present KYC norms are a hurdle for rural masses as...


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