Business

The current account deficit (CAD), at USD 8.2 billion, narrowed to 1.6 per cent of GDP in the September quarter, which emboldened investors further.

Delhi witnessed the maximum rise in housing price with nearly 22 per cent increase during the quarter over the last year.

Under this major reform, central and state taxes will get subsumed into GST, which will reduce the multiplicity of taxes, and thus bring down the compliance cost.

About 1483 shares have advanced, 1299 shares declined, and 154 shares are unchanged.

In the second term, TV18 and CNN International will strive to take the partnership to the next level.

Rigorous change of healthcare policies, changing consumer expectations and changing attitudes within the sector itself are the primary factors facilitating growth of marketing in this sector.

Rating agencies such as Fitch and S&P as well as brokerages like Citi warned that implementation of 7th Pay Commission's recommendations will impact the deficit.

The dollar index was trading up by 0.10 per cent against a basket of six currencies in the late afternoon trade.

About 1372 shares advanced, 1261 shares declined, and 166 shares were unchanged.

The Consumer Price Index (CPI) based inflation in September stood at 4.41 per cent.

The RBI governor also reiterated his concerns over the spillover impact of the ultra-loose monetary policies of advanced economies while noting there was a vacuum in global governance that could help monitor these types of actions.

The rupee had dropped 37 paise or 0.57 per cent in the previous two days. It moved in a range of 65.46 and 65.62 per dollar on Wednesday.

In his Independence Day speech, PM Modi had announced a new campaign 'Startup India; Stand up India' to promote bank financing for startups and offer incentives to boost entrepreneurship.

On Tuesday, the rupee ended barely steady at 64.97 per dollar at the Interbank Foreign Exchange market.