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Economy News

  • Panagariya makes presentation to PMO for .. 23 Jun 2017 | 16:49 | Dion Global

    Niti Aayog Vice-Chairman Arvind Panagariya, who heads the task force on employment data, has made a...more...

  • Govt to give PAN, taxpayer data access to.. 23 Jun 2017 | 16:45 | Dion Global

    The Indian Government has said that the NATGRID, a network aimed at sharing information about terro...more...

  • Govt to be lenient in initial period of G.. 23 Jun 2017 | 15:52 | Dion Global

    The Indian Government has said that it will be lenient in enforcing penal laws for violations durin...more...

  • 'IP protection a key issue for India-.. 23 Jun 2017 | 15:33 | Dion Global

    Intellectual Property protection is a key issue for India-US relationship and the next week's m...more...

  • Govt to set up 2 call centres to handle G.. 23 Jun 2017 | 15:30 | Dion Global

    The Indian Government has said that GST Network (GSTN), the company providing IT services for GST, ...more...

  • Cabinet nods for India, Portugal MoU on g.. 23 Jun 2017 | 15:02 | Dion Global

    The Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) between Governmen...more...

  • Cabinet okays amendment of SSA between In.. 23 Jun 2017 | 14:46 | Dion Global

    The Union Cabinet has approved amendment of bilateral Social Security Agreement (SSA) between India...more...

  • RBI sets rupee reference rate at 64.5365 .. 23 Jun 2017 | 14:27 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.5365 against the US dol...more...

  • Farm loan waiver scheme to cost around Rs.. 23 Jun 2017 | 14:01 | Dion Global

    According to a research report with more states announcing farm loan waiver schemes, the total writ...more...

  • RBI asks banks to provide sufficient deta.. 23 Jun 2017 | 13:01 | Dion Global

    The RBI has said that it has asked banks to provide sufficient details of transactions in the passb...more...

  • Will recommend review of GST, Sitharaman .. 23 Jun 2017 | | Dion Global

    Union Minister Nirmala Sitharaman assured trade and industry that their grievances on GST would be ...more...

  • Jitendra Singh launches online software f.. 22 Jun 2017 | 16:23 | Dion Global

    The Union Minister of State Development of North-Eastern Region, Personnel, Public Grievances & Pen...more...

  • Only single GST return to be filed every .. 22 Jun 2017 | 15:35 | Dion Global

    The Indian Government has said that the new tax regime will not be cumbersome and compliance- heavy...more...

  • NCAER revises India’s economic grow.. 22 Jun 2017 | 14:45 | Dion Global

    Economic think-tank NCAER has said that it has revised up its projection for the India's econom...more...

  • RBI sets rupee reference rate at 64.4950 .. 22 Jun 2017 | 13:54 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.4950 against the US dol...more...

  • No premature policy action; RBI to wait f.. 22 Jun 2017 | 00:17 | Dion Global

    RBI Governor Urjit Patel had argued for avoiding "premature policy action" and waiting for more inf...more...

  • Aadhaar mandatory for benefits under govt.. 21 Jun 2017 | 16:51 | Dion Global

    People suffering from tuberculosis will have to mandatorily submit their Aadhaar number to avail be...more...

  • Upliftment of poor required to boost econ.. 21 Jun 2017 | 16:37 | Dion Global

    Niti Aayog has said that India needs to boost its economic growth, and in order to materialise it, ...more...

  • Exporters want incentives from Govt to bo.. 21 Jun 2017 | 16:03 | Dion Global

    A Government Official has said that exporters have sought incentives such as credit at affordable r...more...

  • Bank credit grows at 6.02%, deposits at 1.. 21 Jun 2017 | 15:14 | Dion Global

    Banks' credit growth grew at 6.02 per cent to Rs 76,58,212 crore in the fortnight ended June 9 ...more...

  • Govt asks banks to deposit junked notes a.. 21 Jun 2017 | 14:21 | Dion Global

    The government has permitted banks and post offices to deposit junked Rs 500 and Rs 1,000 notes wit...more...

  • RBI sets rupee reference rate at 64.6025 .. 21 Jun 2017 | 13:58 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.6025 against the US dol...more...

  • PM dedicates Powergrid’s 400 kV Luc.. 21 Jun 2017 | 08:58 | Dion Global

    The Prime Minister Narendra Modi on Tuesday dedicated POWERGRID’s 400 Kilo Volt(kV) Lucknow &...more...

  • Govt sets up GST Facilitation Cell in DIPP 21 Jun 2017 | 08:56 | Dion Global

    A GST facilitation cell has been set up in the Department of Industrial Policy & Promotion to answe...more...

  • Credit card bill, insurance premium to ge.. 21 Jun 2017 | 00:37 | Dion Global

    Credit card providers, banks and insurers have started alerting their customers to pay higher tax p...more...

  • 'RBI to ensure supply of Rs 25,000 cr.. 21 Jun 2017 | 00:33 | Dion Global

    Union Minister of State for Labour and Employment Bandaru Dattatreya said that the Reserve Bank wil...more...

  • Commerce ministry in talks with departmen.. 21 Jun 2017 | 00:27 | Dion Global

    The commerce ministry said it is engaged in an inter-departmental consultation to resolve issues of...more...

  • Exempt food items with registered tradema.. 21 Jun 2017 | 00:18 | Dion Global

    Traders' body CAIT urged the government to exempt food items, branded as well as non- branded, ...more...

  • Companies may lose CGST registration if i.. 21 Jun 2017 | 00:13 | Dion Global

    The proposed anti-profiteering authority can cancel registration of any entity or business if it fa...more...

  • RBI to keep rates unaltered in near term:.. 20 Jun 2017 | 17:41 | Dion Global

    The Reserve Bank is likely to keep key policy rates "unaltered" in the near term as prices of goods...more...

  • India, Portugal ink pact to promote coope.. 20 Jun 2017 | 17:38 | Dion Global

    A Protocol of Cooperation was signed between the National Archives of India and the Minister of Cul...more...

  • EXIM container volume growth dips on note.. 20 Jun 2017 | 16:57 | Dion Global

    Demonetisation and the subsequent dip in consumption resulted in a dip in the country's EXIM co...more...

  • Delay in GSTN security clearance not to a.. 20 Jun 2017 | 15:33 | Dion Global

    Finance Minister Arun Jaitley said GST rollout will not be impacted by any delay in security cleara...more...

  • Centre not considering farm loan waiver: .. 20 Jun 2017 | 15:23 | Dion Global

    The Centre is not considering any proposal for farm loan waiver, Finance Minister Arun Jaitley said...more...

  • ADB to provide $275 mn loan for water sup.. 20 Jun 2017 | 14:37 | Dion Global

    Asian Development Bank (ADB) will provide USD 275 million loan for a piped water supply project for...more...

  • Cash crunch led to 'material impact o.. 20 Jun 2017 | 14:32 | Dion Global

    Demonetisation of old Rs 500 and 1,000 notes had a "material impact on spending" as reflected in si...more...

  • RBI sets rupee reference rate at 64.4672 .. 20 Jun 2017 | 14:29 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.4672 against the US dol...more...

  • FM rules out farm loan waivers; will stic.. 20 Jun 2017 | 14:21 | Dion Global

    Finance Minister Arun Jaitley has ruled out any waiver of farm loan and said the Centre will adhere...more...

  • GST to be rolled at midnight June 30: FM 20 Jun 2017 | 14:20 | Dion Global

    Finance Minister Arun Jaitley on Tuesday said the Goods and Services Tax (GST) will be rolled out f...more...

  • Arun Jaitley to leave for 3-day visit to .. 20 Jun 2017 | 14:14 | Dion Global

    The Minister of Defence, Finance and Corporate Affairs Arun Jaitley, accompanied with a high level ...more...

  • BSE SME platform receives 214 draft prosp.. 20 Jun 2017 | 12:06 | Dion Global

    BSE's small and medium enterprise (SME) platform seems to be generating significant interest fr...more...

  • GST to bring down tax on several goods: J.. 20 Jun 2017 | 08:53 | Dion Global

    The Union Minister of State for Development of North Eastern Region (DoNER), Jitendra Singh has sai...more...

  • Sitharaman launches online platform Start.. 20 Jun 2017 | 08:52 | Dion Global

    The Commerce & Industry Minister Nirmala Sitharaman on Monday launched theStartup India Virtual Hub...more...

  • Board of Trade to discuss ways to boost e.. 20 Jun 2017 | 00:21 | Dion Global

    Commerce and Industry Minister Nirmala Sitharaman will chair the meeting of 70-member Board of Trad...more...

  • Monsoon augurs well for rural demand, RBI.. 19 Jun 2017 | 17:24 | Dion Global

    The prospering monsoon signals revival of rural demand and a rate cut by the Reserve Bank on August...more...

  • RBI crackdown on loan defaulters to resol.. 19 Jun 2017 | 17:19 | Dion Global

    Global credit rating agency Moody's Investors Service on Monday dubbed as 'credit positive&...more...

  • Govt ropes in Amitabh Bachchan as GST bra.. 19 Jun 2017 | 17:01 | Dion Global

    The government has roped in Bollywood megastar Amitabh Bachchan to promote Goods and Services Tax (...more...

  • India will need 4 mn skilled workers in s.. 19 Jun 2017 | 16:59 | Dion Global

    India by 2022 would require around 4 million skilled workers to fill sports related professional va...more...

  • Provisional ID would work as GSTIN for fe.. 19 Jun 2017 | 16:56 | Dion Global

    Traders and dealers who have not completed their registration process can continue to do their busi...more...

  • 12 large NPA cases yet to come before IBB.. 19 Jun 2017 | 16:47 | Dion Global

    IBBI Chairman M S Sahoo today said the 12 cases involving large non-performing assets (NPAs) or bad...more...

  • Indians now have fewer deposits in Swiss .. 19 Jun 2017 | 16:40 | Dion Global

    A grouping of private bankers in Switzerland has said that Indians have fewer deposits in Swiss ban...more...

  • Firms should firewall their systems to co.. 19 Jun 2017 | 14:23 | Dion Global

    Several experts have said that the government as well as firms should firewall their systems to dea...more...

  • Indian Inc. ready for GST, says CII 19 Jun 2017 | 14:09 | Dion Global

    “Industry is ready for the landmark tax reform of GST, which is expected to bring significant...more...

  • Govt to frame 3 new policies to make Indi.. 19 Jun 2017 | 14:08 | Dion Global

    The government will come out with three new policies, including electronics manufacturing and data ...more...

  • RBI sets rupee reference rate at 64.3788 .. 19 Jun 2017 | 13:53 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.3788 against the US dol...more...

  • Six of top-10 cos lose Rs 34,183 cr in m-.. 19 Jun 2017 | 07:44 | Dion Global

    The combined market valuation of six of the 10 most valued Indian companies declined by Rs 34,182.7...more...

  • GST Council sets tax rates for lotteries,.. 19 Jun 2017 | 07:40 | Dion Global

    The Goods and Service Tax (GST) Council has decided to tax state-run lotteries and state authorised...more...

  • India Inc's Jan-May deal tally at $35.. 19 Jun 2017 | 07:38 | Dion Global

    Corporate India announced merger and acquisition deals worth $1.89 billion in May, taking the year ...more...

  • GST rollout: Deadline for filing tax retu.. 19 Jun 2017 | 07:36 | Dion Global

    The GST Council has relaxed return filing rules for businesses for the first two months of the roll...more...

  • Govt planning to set up one passport cent.. 19 Jun 2017 | 07:33 | Dion Global

    Now, you may not have to travel too far for getting your passport as the government has come up wit...more...

  • Stock mkt to take cues from monsoon, GST .. 19 Jun 2017 | 00:12 | Dion Global

    With no major events lined up for this week, stock market would take cues from progress of monsoons...more...

  • Postpone GST implementation as IT network.. 19 Jun 2017 | 00:03 | Dion Global

    Assocham demanded postponing GST implementation, saying that taxpayers will find it difficult to co...more...

  • Govt nominates TCS senior exec to head At.. 16 Jun 2017 | 17:44 | Dion Global

    The government has appointed Ramanathan Ramanan, a senior executive of Tata Consultancy Services (T...more...

  • India set to become $1 tn digital economy.. 16 Jun 2017 | 17:25 | Dion Global

    Ministry of Information Technology, Ravi Shankar Prasad, on Friday said that India is well set to b...more...

  • Govt committed to achieve land degradatio.. 16 Jun 2017 | 16:29 | Dion Global

    Emphasising that the Modi government is committed to achieve land degradation neutrality by the yea...more...

  • Nomura pegs CAD to be around 1.4% of GDP .. 16 Jun 2017 | 16:03 | Dion Global

    India's current account deficit is expected to be around 1.4 per cent of GDP in 2017 compared t...more...

  • DIPP organising awareness campaign in sta.. 16 Jun 2017 | 15:06 | Dion Global

    The Commerce and Industry Ministry is organising an awareness campaign in states about the Industri...more...

  • Large number of daily use products to bec.. 16 Jun 2017 | 15:01 | Dion Global

    The Indian Government has said that a large number of daily use household products like note books,...more...

  • IT industry could turn India into $1 tn e.. 16 Jun 2017 | 14:44 | Dion Global

    IT industry should help India build a USD 1 trillion digital economy within four years by creating ...more...

  • RBI sets rupee reference rate at 64.5883 .. 16 Jun 2017 | 14:01 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.5883 against the US dol...more...

  • Exports grow 8.32% in May; trade deficit .. 16 Jun 2017 | 00:18 | Dion Global

    The country's exports rose by 8.32 per cent to USD 24 billion in May, even as the trade deficit...more...

  • RBI likely to step up forex buying; rate .. 15 Jun 2017 | 17:09 | Dion Global

    The Reserve Bank is expected to step up forex buying and may go for a 25 basis points cut in intere...more...

  • Govt set to launch 'Parivar Vikas'.. 15 Jun 2017 | 17:04 | Dion Global

    The government is all set to roll out the 'Mission Parivar Vikas' programme to improve fami...more...

  • GST Council to vet e-way, anti-profiteeri.. 15 Jun 2017 | 16:48 | Dion Global

    The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules...more...

  • NITI shortlists States for transformative.. 15 Jun 2017 | 15:06 | Dion Global

    NITI Aayog has initiated a unique and novel initiative to catalyse transformational change in key S...more...

  • RBI sets rupee reference rate at 64.2801 .. 15 Jun 2017 | 15:03 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.2801 against the US dol...more...

  • Panel to monitor implementation of public.. 15 Jun 2017 | 14:52 | Dion Global

    The government has constituted a five-member committee to oversee implementation of a new policy un...more...

  • Civil aviation ministry seeks deferment o.. 15 Jun 2017 | 14:28 | Dion Global

    The civil aviation ministry has sought postponement of the GST implementation by two months on the ...more...

  • FM to chair 17th meeting of GST Council o.. 15 Jun 2017 | 14:23 | Dion Global

    The Union Minister for Finance, Arun Jaitley, will chair the 17th Meeting of the GST Council schedu...more...

  • Bankers hail RBI move to name top dud loa.. 15 Jun 2017 | 00:36 | Dion Global

    Bankers have welcomed the Reserve Bank move to identify 25 per cent of the top non-performing accou...more...

  • DIPP to discuss SOP for FDI proposals wit.. 15 Jun 2017 | 00:16 | Dion Global

    The industry department will discuss the draft standard operating procedure (SOP) for clearing fore...more...

  • Govt working on proposal to merge DGFT wi.. 14 Jun 2017 | 17:29 | Dion Global

    The government is working on a proposal to merge the Directorate General of Foreign Trade (DGFT) wi...more...

  • BSE to auction investment limits for Rs 1.. 14 Jun 2017 | 17:26 | Dion Global

    Leading stock exchange BSE will auction investment limits for overseas investors to purchase govern...more...

  • Cabinet okays pact on IT and Electronics .. 14 Jun 2017 | 15:46 | Dion Global

    The Union Cabinet chaired by the Prime Minister Narendra Modi was apprised about an Memorandum of U...more...

  • Rate cut call gathers steam after inflati.. 14 Jun 2017 | 15:40 | Dion Global

    As inflation slumped to a five- month low of 2.17 per cent in May, India Inc stepped up its call fo...more...

  • Cabinet approves pact between India and A.. 14 Jun 2017 | 15:40 | Dion Global

    The Union Cabinet on Wednesday approved signing of memorandum of understanding between India and Ar...more...

  • Cabinet approves interest subsidy on shor.. 14 Jun 2017 | 15:39 | Dion Global

    The Union Cabinet on Wednesday approved the Interest Subvention Scheme (ISS) for farmers for the ye...more...

  • India’s WPI eases to 2.17% in May 14 Jun 2017 | 14:42 | Dion Global

    India's wholesale price index (WPI), the price of a representative basket of wholesale goods, e...more...

  • CCI to empanel agencies for assessment of.. 14 Jun 2017 | 14:38 | Dion Global

    Fair trade regulator CCI will rope in more institutions to carry out competition assessment of econ...more...

  • RBI sets rupee reference rate at 64.3141 .. 14 Jun 2017 | 14:22 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.3141 against the US dol...more...

  • Cabinet approves Bill to address bankrupt.. 14 Jun 2017 | 13:54 | Dion Global

    The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the proposal to introd...more...

  • Fake currency detection in banks swell to.. 14 Jun 2017 | 13:31 | Dion Global

    Counterfeit currency detection instances in the country's banking channels have seen an all tim...more...

  • EPFO enrolls 82 lakh new subscribers unde.. 14 Jun 2017 | 11:04 | Dion Global

    Retirement fund body, EPFO has said that it has enrolled over 82 lakh new subscribers under its Emp...more...

  • Govt to analyze impact of CSR projects un.. 14 Jun 2017 | 10:56 | Dion Global

    The Indian Government has said that it is planning to conduct a study for assessing the impact of c...more...

  • RBI considering extending NPA classificat.. 14 Jun 2017 | 10:49 | Dion Global

    The Reserve Bank of India has said that it is looking into request for extending the NPA classifica...more...

  • 65% of 9.50 trn agri debt may be potentia.. 14 Jun 2017 | 00:25 | Dion Global

    Amid the rash of loan waivers, Japanese brokerage Nomura estimated over 65 per cent of the total Rs...more...

  • RBI asks banks to file for insolvency in .. 14 Jun 2017 | 00:23 | Dion Global

    Clamping down on bad loans, the RBI identified 12 accounts for insolvency proceedings with each of ...more...

  • RBI inks info exchange pact with Czech Na.. 14 Jun 2017 | 00:20 | Dion Global

    The Reserve Bank said it has inked an information exchange agreement with the Czech National Bank, ...more...

  • Govt planning to unveil new industrial po.. 13 Jun 2017 | 17:24 | Dion Global

    The Indian Government has said that it is working on a new industrial policy with a view to promoti...more...

  • Govt working on new industrial policy 13 Jun 2017 | 15:30 | Dion Global

    The government is working on a new industrial policy with a view to promoting and developing fronti...more...

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Commodity

Gold287530.18%
Silver386010.64%
Copper369.55-0.28%
Crude Oil27570.33%
Mentha Oil1026.1-0.56%
Lead141.10.32%
Nickel591.52.99%

Currency

USD/INR 64.48(-0.08 %)
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