VRITTAM ( 14 Oct 2015 - 20 Oct 2015)

Employment increases by 5.21 lakh in FY15; 64,000 in Jan-Mar  Employment in 8 sectors including IT/BPO, automobiles, gems & jewellery and textile rose by 5.21 lakh last fiscal, said a government report. IndiGo scrapes the bottom of the barrel; investors fume The fact that InterGlobe Aviation’s decision to more or less empty its coffers ahead of its IPO hasn’t gone down well with investors S&P keeps India’s rating...

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VRITTAM ( 6th OCT 2015-13th OCT 2015)

IIP grows at 6.4% in August; inflation quickens to 4.41% in September  India’s factory output and retail inflation accelerated in Aug and Sep, respectively, indicating gradual economic recovery and building pricing pressures How it went down at Bank of Baroda  The transfer took place under a rule that allows up to $100,000 in transfers as prepayment for imports, says a senior official at the bank Coffee Day, IndiGo...

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VRITTAM (28 September 2015 - 5 October 2015)

Germany Pledges billions for India's Growth India and Germany on Monday agreed to enhance ties in key areas of defence manufacturing, trade, intelligence and clean energy during wide-ranging talks between Prime Minister Narendra Modi and German Chancellor Angela Merkel after which 18 MoUs were inked.  India cuts interest rates more than expected as RBI "front-loads" The Reserve Bank of India (RBI) cut its policy interest rate...

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