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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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IndiGo announces flights to Male, Phuket
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Apple chief says firm guards data privacy in China
Govt plans Bharat-22 ETF listing on an overseas exchange
Sun Pharma expects normalisation of India biz in FY'19
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Cabinet Gives Nod to New Telecom Policy to Create 40 Lakh Jobs
Cabinet okays Rs 4,500 crore package to sugar industry
Instagram departures hit Facebook shares
Sensex ends in red after 1,000-pt flash crash
OYO to hire over 2,000 tech experts, engineers by 2020
Sensex recovers over 100 points on value-buying, global cues
Deepak Kapoor Appointed the new Chairperson of Save the Children
KERALA NEWS
Vijayan urges UAE Keralites to back salary challenge
 (Abu Dhabi, Oct 18, 2018): Kerala Chief Minister Pinarayi Vijayan has urged Keralite business  
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
Idukki dam's one shutter opened
INTERNATIONAL NEWS
Sri Lankan President assured of "fullest cooperation" by PM Modi
 (Colombo, Oct 18, 2018): Sri Lankan President Maithripala Sirisena said he was assured of "fu
VP Naidu arrives in Brussels for 12th ASEM Summit
In Turkey, Pompeo discusses Iranian oil consumption, Khashoggi's disappearance
Trump calls Stormy Daniels a 'Horseface'
NATIONAL NEWS
PNB Scam: ED seizes more assets of Modi, Choksi
 (Mumbai, Oct 18, 2018): The Enforcement Directorate (ED) on Wednesday further seized and atta
Andhra CM visits cyclone-hit areas in Srikakulam
#MeToo fallout: MJ Akbar resigns as minister of state for external affairs
Polling underway for last phase of municipal polls in J-K
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