Homeeconomy News

    A week in review: Here are the top stories from this week

    A week in review: Here are the top stories from this week

    A week in review: Here are the top stories from this week
    Profile image

    By CNBC-TV18  IST (Published)

    Mini

    From Citizenship Bill and personal tax proposal to Yes Bank's fundraising plan and auto data, here is a look back at some of our biggest and best stories from this week.

    A look back at some of our biggest and best stories from this week. In case you missed them, here's a recap:
    In a late Thursday night order, President Ram Nath Kovind gave his assent to the Citizenship (Amendment) Bill, 2019, letting it become an Act allowing Indian citizenship to six non-Muslim minority migrants facing religious persecution in Pakistan, Bangladesh and Afghanistan.
    Finance minister Nirmala Sitharaman on Saturday said the government is working on more steps, including rationalisation of personal income tax rates, to revive the sagging economy.
    YES Bank will certainly raise funds through investments, said Ravneet Gill, managing director and CEO of the bank on Wednesday, adding that "the market, unfortunately, picked up that there may be some uncertainty around this".
    Retail price inflation in November jumped to a 40-month high, at a time when growth in Asia's third-largest economy has slowed to a six-year low, prompting some economists to warn that the country could be entering into a stagflationary phase.
    The proposed Mumbai-Pune Hyperloop project will put India at the cutting edge of high-tech transportation, said Richard Branson, the billionaire founder of Virgin Atlantic group. Branson, who was in Mumbai to announce the launch of a Mumbai-London direct flight by Virgin Atlantic, said he would meet Maharashtra Chief Minister Uddhav Thackeray to talk about the venture.
    After a brief festive season respite in October, domestic automobile sales dropped 12 percent in November year-on-year, according to the latest data released by the Society of Automobile Manufacturers (SIAM) on Tuesday.
    While Bharti Airtel is looking at multiple modes to raise funds, sources told CNBC-TV18 that financial investors and PE players have also expressed interest in investing in the company.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    arrow down

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng