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September 2018
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Business News
RBI releases June '18 issue of monthly bulletin
 
(New Delhi, June 12, 2018): The Reserve Bank of India on Monday released the June 2018 issue of its monthly Bulletin.

The Bulletin includes Second Bi-monthly Monetary Policy Statement for the Year 2018-19, a speech by the Top management, an Article and Current Statistics.

The article is on 'Performance of Private Corporate Business Sector: 2016-17 to Q3:2017-18'.

According to a press release, this article reviews the performance of the private (non-financial) business sector on the basis of financial statements furnished by the listed non-government non-financial companies.

Major highlights:

- A turnaround in sales growth of the corporate sector took hold in 2016-17 and has extended into the current year so far.

- The cost of raw materials of the manufacturing sector continued to rise at a fast pace and showed no sign of easing till Q3:2017-18.

- Low capacity utilisation in the manufacturing sector led to significant deleveraging as well as lower investments in fixed assets, with companies preferring investments in financial and liquid assets during 2016-17.

- A stark contrast was observed in the performance of heavily indebted companies in the manufacturing vis-a-vis the rest of the sample.


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India expected to surpass Britain to become world's 5th largest economy next yr: FM
KERALA NEWS
Flood victims to get home appliances for low cost
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Violinist Balabhaskar's daughter dies in a car accident
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Bar bribery case: Court dismisses the vigilance report
INTERNATIONAL NEWS
UNGA debut for New Zealand's first baby
 (New York, Sep 25, 2018):New Zealand Prime Minister Jacinda Ardern has created history by bri
Opposition leader Solih wins Maldives presidential election with 58.3% vote
Trump prepared to meet Kim in possible second North Korea summit: Pompeo
Shilpa Shetty faces racism at Sydney airport
NATIONAL NEWS
Nirmala Sitharaman likely to meet French defence minister next month
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Application Form Correction Date for GATE 2019 Announced, Check Details
Gujarat Must Respond: Top Court On Allegations By Sanjiv Bhatt's Wife
Commander Abhilash Tomy rescued
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