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Economy News

  • BSE changes Sensex 50 index methodology 22 Mar 2017 | 16:57 | Dion Global

    Leading bourse BSE today said all constituents of Sensex 50 should have a derivative contract for i...more...

  • RBI inks MoU with Central Bank of Nigeria 22 Mar 2017 | 16:48 | Dion Global

    The Reserve Bank of India has announced its Memorandum of Understanding (MoU) on "Supervisory Coope...more...

  • Unless we create more wealth, we can dist.. 22 Mar 2017 | 15:47 | Dion Global

    The Minister of Urban Development M. Venkaiah Naidu has said that unless we create more wealth, we ...more...

  • IPR policy should protect knowledge to sp.. 22 Mar 2017 | 15:42 | Dion Global

    The new National Intellectual Property Rights policy of the Government of India has established a u...more...

  • RBI sets rupee reference rate at 65.4881 .. 22 Mar 2017 | 15:30 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.4881 against the US dol...more...

  • Jaitley hopes GST roll out from July 1 to.. 22 Mar 2017 | 14:46 | Dion Global

    A new nationwide goods and services tax (GST) will be rolled out from July 1 to create one of the w...more...

  • Hopeful of rolling out GST from July 1: FM 22 Mar 2017 | 12:22 | Dion Global

    Finance Minister Arun Jaitley said he is hopeful of rolling out the biggest tax reform GST from Jul...more...

  • Govt approves 1.17 lakh more affordable h.. 22 Mar 2017 | 12:14 | Dion Global

    The Housing Ministry has approved construction of 1,17,814 affordable houses for urban poor in 6 st...more...

  • India firms borrow $2.23 bn from foreign .. 22 Mar 2017 | 12:02 | Dion Global

    Indian firms' borrowing from foreign sources stood at $2.23 billion in February 2017, RBI data ...more...

  • 'Expansion of roads, railways happeni.. 22 Mar 2017 | 12:01 | Dion Global

    The expansion of roads and railways are happening at an accelerated pace in different parts of the ...more...

  • Income of CPSEs declines by over 10% in F.. 22 Mar 2017 | 11:38 | Dion Global

    The total income of central public sector enterprises in the country reduced by over 10 per cent ev...more...

  • RBI recasts norms on currency hedging for.. 22 Mar 2017 | 11:36 | Dion Global

    The RBI changed norms to provide operational flexibility to multinational entities and their Indian...more...

  • CCEA likely to approve Rs 550/qtl hike in.. 22 Mar 2017 | 11:27 | Dion Global

    The Cabinet Committee on Economic Affairs (CCEA) is likely to approve a proposal to increase the mi...more...

  • Demonetisation to augment economic activi.. 22 Mar 2017 | 11:21 | Dion Global

    The government's demonetisation move is set to augment the economic growth as interest rates ha...more...

  • RBI changes currency hedging norms for MN.. 22 Mar 2017 | 10:31 | Dion Global

    The RBI has said that it has changed norms to provide operational flexibility to multinational enti...more...

  • Govt to simplify FDI approval process by .. 22 Mar 2017 | 10:24 | Dion Global

    The Indian Government has said that it will come out with a roadmap in the next few weeks to furthe...more...

  • Govt to focus on supplying lower denomina.. 22 Mar 2017 | 10:23 | Dion Global

    Economic Affairs Secretary Shaktikanta Das has said that the focus of the Government is to print an...more...

  • BMB to be merged with SBI from 1st April:.. 22 Mar 2017 | 09:44 | Dion Global

    The Indian Government has said that Bharatiya Mahila Bank (BMB) will be merged with the country'...more...

  • Defaulters owe Rs 91,155 cr to public sec.. 22 Mar 2017 | 09:43 | Dion Global

    The Indian Government has informed the parliament that there were more than 9,100 wilful defaulters...more...

  • Govt eases norms for early payment to ret.. 21 Mar 2017 | 16:44 | Dion Global

    The union government has decided that in all cases where the service of the retiring Central Govern...more...

  • 'Affluence to drive consumption in In.. 21 Mar 2017 | 15:19 | Dion Global

    Consumption in India is set to triple to USD 4 trillion by 2025 as rising affluence drives changes ...more...

  • RBI sets rupee reference rate at 65.3117 .. 21 Mar 2017 | 14:40 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.3117 against the US dol...more...

  • Govt considering 100% FDI in insurance br.. 21 Mar 2017 | 14:36 | Dion Global

    The government is considering allowing 100 per cent foreign direct investment in insurance broking ...more...

  • India-UAE globalisation conference pitche.. 21 Mar 2017 | 14:33 | Dion Global

    The second annual All India Management Association (AIMA) India-UAE conference was held on Monday u...more...

  • Demonetization adds to short-term pressur.. 21 Mar 2017 | 12:42 | Dion Global

    Moody's Investors Service, a global rating agency, has said that Indian non-bank financial comp...more...

  • RBI proposes to limit value in PPIs at Rs.. 21 Mar 2017 | 11:40 | Dion Global

    The RBI proposed to fix the upper limit for Pre-paid Payment Instruments at Rs 1 lakh in view of gr...more...

  • Note ban has banks turning away retail cu.. 21 Mar 2017 | 11:11 | Dion Global

    Credit information company Cibil said even though the number of people approaching banks for loans ...more...

  • Shortage of funds, manpower to hit implem.. 21 Mar 2017 | 11:01 | Dion Global

    The Ministry of Skill Development and Entrepreneurship is facing acute shortage of manpower and fun...more...

  • Implementation of GST to be fiscal neutra.. 21 Mar 2017 | 10:36 | Dion Global

    A Nomura report has said that the implementation of Goods and Services Tax (GST) is likely to be fi...more...

  • Consultancy firm conducting study to revi.. 21 Mar 2017 | 10:35 | Dion Global

    Commerce and Industry Minister Nirmala Sitharaman has said that a study has been carried out by a c...more...

  • Govt collects Rs 21,128 cr as Clean Envir.. 21 Mar 2017 | 09:39 | Dion Global

    The Indian Government has said that an amount of Rs 21,128.59 crore has been collected as Clean Env...more...

  • No FDI in defence, ports, coal in Apr-Dec.. 20 Mar 2017 | 16:30 | Dion Global

    As many as five sectors including defence, ports and coal have failed to attract any foreign direct...more...

  • RBI sets rupee reference rate at 65.3827 .. 20 Mar 2017 | 15:14 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.3827 against the US dol...more...

  • GST impact on inflation to be less than 2.. 20 Mar 2017 | 15:07 | Dion Global

    The implementation of Goods and Services Tax (GST) is likely to be fiscally neutral and its impact ...more...

  • Govt collects Rs 21,129-cr as Clean Envir.. 20 Mar 2017 | 14:59 | Dion Global

    The government today said an amount of Rs 21,128.59 crore has been collected as Clean Environment C...more...

  • No significant change in H1B visa regime:.. 20 Mar 2017 | 13:48 | Dion Global

    The United States has conveyed to India that there is no significant change in the H1B visa regime,...more...

  • Cabinet clears GST supplementary legislat.. 20 Mar 2017 | 12:23 | Dion Global

    The Cabinet today cleared four supporting GST legislations, paving the way for their introduction i...more...

  • Digital payments to weed out black money,.. 20 Mar 2017 | 12:04 | Dion Global

    Union Minister Jitendra Singh said promoting digital payments is a part of the government's ove...more...

  • EPFO may invest up to 15% in equity marke.. 20 Mar 2017 | 11:46 | Dion Global

    Buoyed by the surging stock markets, the Employees Provident Fund Organisation (EPFO) may propose t...more...

  • Digital economy opens new avenues for law.. 20 Mar 2017 | 11:31 | Dion Global

    Digital economy will require both technological and legal innovations, and law graduates have enorm...more...

  • Govt to infuse fresh capital in 10 weak b.. 20 Mar 2017 | 10:05 | Dion Global

    A top leader of All India Bank Employees' Union (AIBEA) has said that the central government ha...more...

  • 80% informal economy will be transformed .. 20 Mar 2017 | 10:05 | Dion Global

    The Indian Government has said that more than 80 per cent of informal economic activities, especial...more...

  • New encryption key in Aadhaar auth device.. 20 Mar 2017 | 00:09 | Dion Global

    Aiming to add another security layer, Unique Identification Authority of India (UIDAI) has said tha...more...

  • Around Rs 2,82,212 cr revenue to be gener.. 20 Mar 2017 | 00:04 | Dion Global

    The Finance Minister has said that an estimated Rs 2,82,212 crore revenue will be generated through...more...

  • No link between agriculture prices & note.. 20 Mar 2017 | 00:03 | Dion Global

    The Indian Government has said that there is no direct link between demonetisation and the prices o...more...

  • RBI authorised to conduct trials of plast.. 20 Mar 2017 | 00:02 | Dion Global

    The Indian Government has said that the RBI has been authorised to conduct field trials of plastic ...more...

  • E-transactions surge between November and.. 17 Mar 2017 | 17:36 | Dion Global

    Digital transactions using new mobile app BHIM, Aadhaar Enabled Payment System and Unified Payment ...more...

  • India, Russia to set up $1 bn fund to pro.. 17 Mar 2017 | 16:16 | Dion Global

    India and Russia are setting up a USD 1 billion fund to promote mutual investments in infrastructur...more...

  • No proposal to withdraw new Rs 2,000 note.. 17 Mar 2017 | 14:50 | Dion Global

    Finance Minister Arun Jaitley said there is no proposal to withdraw the Rs 2,000 notes that were in...more...

  • Current budget for Northeast Rs 50,000 cr.. 17 Mar 2017 | 14:44 | Dion Global

    The current budget for Northeast for FY 2017-18 is around Rs 50,000 crore which is significantly hi...more...

  • Govt seeks House nod for additional spend.. 17 Mar 2017 | 14:36 | Dion Global

    The government today sought Parliament's approval for the third and final batch of Supplementar...more...

  • RBI sets rupee reference rate at 65.5411 .. 17 Mar 2017 | 14:28 | Dion Global

    The Reserve Bank of India has fixed the reference rate of the rupee at 65.5411 against the US dolla...more...

  • Govt to amend EPF scheme to enable member.. 17 Mar 2017 | 12:08 | Dion Global

    The Government has taken a decision for modification in the Employees’ Provident Funds (EPF) ...more...

  • GST Council caps cess on luxury goods at .. 17 Mar 2017 | 10:51 | Dion Global

    The Indian Government has said that a maximum of 15 per cent cess on top of the peak GST rate of 28...more...

  • US rate hike not to affect Indian markets.. 17 Mar 2017 | 10:50 | Dion Global

    Industry bodies have said that the interest rate hike by the US Fed is not likely to create much vo...more...

  • Sick PSUs should be given chance for revi.. 17 Mar 2017 | 10:26 | Dion Global

    A Parliamentary panel has suggested the government to tread with caution in strategic divestment an...more...

  • Fundamentals don't support long-term .. 17 Mar 2017 | 08:05 | Dion Global

    Rating agency Care Ratings said the ongoing rupee appreciation is short-lived and Reserve Bank will...more...

  • EPCES hails GST council decision on SEZs 17 Mar 2017 | 07:59 | Dion Global

    The Export Promotion Council for SEZ and EoUs has welcomed the GST Council's decision to treat ...more...

  • EPCES hails GST council decision on SEZs 17 Mar 2017 | 07:59 | Dion Global

    The Export Promotion Council for SEZ and EoUs has welcomed the GST Council's decision to treat ...more...

  • RBI's policy unlikely to be impacted .. 16 Mar 2017 | 16:43 | Dion Global

    The US Fed rate hike is no surprise and may not impact RBI's policy next month as it had alread...more...

  • Cabinet clears IIIT (Public- Private Part.. 16 Mar 2017 | 16:37 | Dion Global

    The union cabinet has approved the Indian Institutes of Information Technology Public Private Partn...more...

  • Cabinet okays India-Bangladesh MoU on Aid.. 16 Mar 2017 | 15:57 | Dion Global

    The union cabinet has approved signing of a Memorandum of Understanding (MoU) on Aids to Navigation...more...

  • RBI sets rupee reference rate at 65.3836 .. 16 Mar 2017 | 14:52 | Dion Global

    The Reserve Bank of India has fixed the reference rate of the rupee at 65.3836 against the US dolla...more...

  • Hiring activity grows 1% annually in Feb:.. 16 Mar 2017 | 14:22 | Dion Global

    The overall hiring activity saw a moderate 1 per cent rise in February over the year ago and the jo...more...

  • Clean Ganga: Sewage treatment projects wo.. 16 Mar 2017 | 12:08 | Dion Global

    The executive committee of the National Mission for Clean Ganga (NMCG) has approved 20 projects wor...more...

  • Cabinet okays addl 2% DA for govt employe.. 16 Mar 2017 | 10:56 | Dion Global

    To benefit 48.85 lakh central government employees and 55.51 lakh pensioners, the union cabinet has...more...

  • Indian economy to pick up once demonetiza.. 16 Mar 2017 | 10:06 | Dion Global

    The International Monetary Fund (IMF) has said that India's economic growth is expected to pick...more...

  • CBDT to hold review meeting on PMGKY, tax.. 16 Mar 2017 | 07:35 | Dion Global

    The CBDT will hold a high-level meeting later this week to review the progress in collections under...more...

  • Exports growth at 5-year high of 17.48% i.. 16 Mar 2017 | 07:20 | Dion Global

    India's exports grew at a five-year high of 17.48 per cent to USD 24.5 billion in February on a...more...

  • Cabinet clears pact on capacity building .. 16 Mar 2017 | 06:55 | Dion Global

    An agreement between India and Namibia on capacity building of officials was cleared by the Union C...more...

  • Costs Rs 2.87-3.77 to print each new Rs 5.. 15 Mar 2017 | 17:05 | Dion Global

    The government today said it costs between Rs 2.87 and Rs 3.77 to print each currency note of Rs 50...more...

  • Farm loan waivers upset credit discipline.. 15 Mar 2017 | 15:25 | Dion Global

    Expressing reservations over farm loan waiver schemes, State Bank of India Chairman Arundhati Bhatt...more...

  • Over 2,800 new FPIs registered with Sebi .. 15 Mar 2017 | 15:13 | Dion Global

    More than 2,800 fresh foreign portfolio investors (FPIs) registered with capital markets regulator ...more...

  • RBI sets rupee reference rate at 65.5146 .. 15 Mar 2017 | 14:34 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.5146 against the US dol...more...

  • India's contribution to UN increases .. 15 Mar 2017 | 14:06 | Dion Global

    India's contribution to the United Nations rose 55 per cent to Rs 244 crore in 2015-16 compared...more...

  • Internet connectivity to all 2.5 lakh pan.. 15 Mar 2017 | 13:19 | Dion Global

    All 2.5 lakh Gram Panchayats (GPs) in the country will be connected with the internet by December 2...more...

  • India, Russia to talk FTA, ways to up bil.. 15 Mar 2017 | 13:10 | Dion Global

    Trade ministers of India and Russia are expected to chalk out a road map for signing of a free trad...more...

  • Govt to consider doubling gratuity cap to.. 15 Mar 2017 | 10:29 | Dion Global

    The Indian Government has said that the Union Cabinet is likely to consider a draft amendment bill ...more...

  • India’s economic growth can support.. 15 Mar 2017 | 10:28 | Dion Global

    The US Trade Representative in a new report has said that India's economic growth and indirect ...more...

  • Recent election results can strengthen re.. 15 Mar 2017 | 10:09 | Dion Global

    Chief Economic Adviser Arvind Subramanian has said that the recent election results came as a surpr...more...

  • Note ban only successful if there is rise.. 15 Mar 2017 | 10:07 | Dion Global

    Chief Economic Advisor Arvind Subramanian has said that demonetisation can be called successful onl...more...

  • Govt may launch IIP, WPI with 2011-12 bas.. 15 Mar 2017 | 07:14 | Dion Global

    The government is likely to launch the indices of industrial production and wholesale prices with n...more...

  • Nirmala Sitharaman to launch TIES scheme .. 15 Mar 2017 | 07:09 | Dion Global

    Commerce Minister Nirmala Sitharaman will launch today a new scheme for creating export infrastruct...more...

  • Retail inflation rises to 3.65% in Feb on.. 15 Mar 2017 | 06:56 | Dion Global

    Retail inflation rose to 4-month high of 3.65 per cent in February mainly due to surge in price of ...more...

  • PM may push drive against black money aft.. 15 Mar 2017 | 06:46 | Dion Global

    With the stunning election victory in Uttar Pradesh indicating validation of BJP-led government'...more...

  • RBI sets rupee reference rate at 66.1800 .. 14 Mar 2017 | 16:54 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 66.1800 against the US dol...more...

  • M&A deals fall 26% to $1.3 bn in Feb, out.. 14 Mar 2017 | 14:20 | Dion Global

    Corporate India's merger and acquisition activity in February fell 26 per cent in value terms o...more...

  • Govt must bail out troubled big borrowers.. 14 Mar 2017 | 14:19 | Dion Global

    The government needs to bail out large corporate borrowers at times in a capitalist system though i...more...

  • WPI inflation spikes to 6.55% in Feb on s.. 14 Mar 2017 | 12:38 | Dion Global

    Inflation based on wholesale prices shot up to 39-month high of 6.55 per cent in February because o...more...

  • No more cash withdrawals limits at ATMs f.. 14 Mar 2017 | 12:32 | Dion Global

    All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announ...more...

  • India, Iran should take instant steps to .. 14 Mar 2017 | 11:00 | Dion Global

    Exporters' body FIEO has said that India and Iran need to take immediate steps like enhancing c...more...

  • Protectionist western economy to have big.. 14 Mar 2017 | 10:43 | Dion Global

    Chief Economic Adviser Arvind Subramanian has said that if the Western economies become more protec...more...

  • ICICI Bank, SBI top in bank frauds list: .. 14 Mar 2017 | 10:26 | Dion Global

    RBI data has said that ICICI Bank topped the list of banks that witnessed most number of frauds dur...more...

  • FPI net inflow kitty at Rs 10,000 cr in M.. 14 Mar 2017 | 07:52 | Dion Global

    Foreign investors pumped in over Rs 10,000 crore in the Indian capital markets this month so far an...more...

  • Markets set to gain after Modi's land.. 14 Mar 2017 | 07:50 | Dion Global

    Indian shares, bonds and rupee are likely to gain when trading resumes on Tuesday as Prime Minister...more...

  • RBI says note-ban impact on GDP over; war.. 14 Mar 2017 | 04:55 | Dion Global

    Post-demonetisation, the RBI warned of a possible spike in inflation and stressed the need to make ...more...

  • FM, Patel brainstorms ways for faster res.. 14 Mar 2017 | 04:50 | Dion Global

    Finance Minister Arun Jaitley discussed options on resolution of bad loans with RBI Governor Urjit ...more...

  • Indirect tax revenue grows 22% in Apr-Feb.. 10 Mar 2017 | 15:59 | Dion Global

    The government's revenue collection from indirect tax during April-February grew by an impressi...more...

  • IBA asks customers to complete urgent ban.. 10 Mar 2017 | 13:59 | Dion Global

    The Indian Banks Association has asked customers to complete urgent banking transactions today in v...more...

  • 12 lakh new notes infused in the market: .. 10 Mar 2017 | 13:59 | Dion Global

    Around 12 lakh new currency notes have been infused into the market by the Reserve Bank of India ev...more...

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Nikkei 22519041.38-2.13%
Hang Seng24320.41-1.11%
Shanghai Composite3245.22-0.50%
Sensex29167.68-1.08%
NSE Index9030.45-0.99%
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BSE CPSE 1630.17-0.51%
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Commodity

Gold288211.40%
Silver407750.45%
Copper377.05-1.92%
Crude Oil3151-0.06%
Mentha Oil1119.2-1.41%
Lead151.81.81%
Nickel651.4-1.27%

Currency

USD/INR 65.43(0.17 %)
GBP/INR 81.66(1.28 %)
EUR/INR 70.65(0.50 %)
JPY/INR 0.59(1.53 %)
CAD/INR 49.06(0.19 %)
HKD/INR 8.43(0.21 %)

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