Hyderabad, Aug. 5: India needs to focus more on manufacturing to achieve a GDP growth of more than 6.5 per cent, the RBI has said. The manufacturing sector has the scope to create jobs for millions of people who leave other sectors such as agriculture, RBI governor D. Subbarao said.
New Delhi, Aug. 5: MCX Stock Exchange (MCX-SX) has received approvals from market watchdog Securities and Exchange Board of India (Sebi) and the Reserve Bank to launch currency options.
New Delhi, Aug. 5: Coal India Ltd (CIL) is likely to resolve the penalty issue and finalise new fuel supply agreements (FSA) in its board meeting on August 7.
New Delhi, Aug. 5: The finance ministry is expected to take a final decision by this month-end on the exchange traded fund for selling shares of state-owned firms.