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Economy News

  • Cash situation to become normal in March:.. 17 Feb 2017 | 14:06 | Dion Global

    The impact of demonetisation is still visible and cash levels in the economy are not expected to be...more...

  • Normalcy in currency operations restored:.. 17 Feb 2017 | 13:57 | Dion Global

    Finance Minister Arun Jaitley said normalcy has been restored within few weeks of the unprecedented...more...

  • BHEL, Idea to move out of Nifty 50 from M.. 17 Feb 2017 | 11:07 | Dion Global

    State-run Bhel and telecom major Idea Cellular will move out of National Stock Exchange's Nifty...more...

  • Sebi permits foreign investors to buy sha.. 17 Feb 2017 | 10:18 | Dion Global

    Markets regulator Sebi has allowed foreign investors to acquire shares through primary markets in d...more...

  • EPFO pensioners can give digital life cer.. 17 Feb 2017 | 10:13 | Dion Global

    Retirement fund body EPFO has extended the deadline for submitting digital life certificates by its...more...

  • Jharkhand can exceed national growth aver.. 17 Feb 2017 | 10:02 | Dion Global

    Finance Minister Arun Jaitley has said that BJP-led Jharkhand can now exceed the national economic ...more...

  • Remonetisation situation almost normal no.. 17 Feb 2017 | 09:52 | Dion Global

    The Indian Government has said that the remonetisation situation with regard to replenishing the sc...more...

  • Infusion of Rs 10,000 cr for PSBs enough .. 17 Feb 2017 | 09:14 | Dion Global

    Banks Board Bureau (BBB) chief and ex-CAG Vinod Rai has said that capital infusion of Rs 10,000 cro...more...

  • RBI allows multilateral FIs to invest in .. 17 Feb 2017 | 00:27 | Dion Global

    Reserve Bank of India (RBI) permitted multilateral financial institutions to invest in rupee denomi...more...

  • RBI proposes lower MDR from Apr 1 to keep.. 17 Feb 2017 | 00:21 | Dion Global

    RBI proposed to drastically cut MDR charges on debit card payments from April 1 with a view to main...more...

  • RBI asks income tax assessees to pay dues.. 16 Feb 2017 | 17:14 | Dion Global

    The Reserve Bank today appealed to the income tax assessees to pay dues in advance of the due date ...more...

  • India's GDP to expand post demonetisa.. 16 Feb 2017 | 17:08 | Dion Global

    Demonetisation of old high value currency and the government's push towards digital economy wil...more...

  • Govt okays setting up of Food Legumes Res.. 16 Feb 2017 | 11:16 | Dion Global

    The government has approved setting up of Food Legumes Research Platform in Madhya Pradesh with sat...more...

  • Cabinet okays Bill to bring J&K under Sta.. 16 Feb 2017 | 11:06 | Dion Global

    The Centre has approved a Bill that seeks to extend jurisdiction of the Collection of Statistics Ac...more...

  • WPI inflation to rise in next 3 months: N.. 16 Feb 2017 | 10:03 | Dion Global

    A Nomura report has said that WPI inflation is expected to rise in the next three months and is lik...more...

  • Currency in surplus, ATMs being monitored.. 16 Feb 2017 | 00:55 | Dion Global

    Finance Minister Arun Jaitley said the currency is in surplus and the ministry is monitoring status...more...

  • Exports go up 4.32% in Jan, gold imports .. 16 Feb 2017 | 00:31 | Dion Global

    India's exports rose for the fifth straight month in January, up 4.32 per cent, to USD 22.11 bi...more...

  • Pay income tax, apply for PAN using mobil.. 15 Feb 2017 | 16:18 | Dion Global

    In step with government's digital India drive, the Income Tax department is developing an app t...more...

  • India, UAE trade to hit USD 100 billion b.. 15 Feb 2017 | 15:42 | Dion Global

    Trade between India and the UAE is set to hit USD 100 billion by 2020, up from the current USD 60 b...more...

  • RBI inks MoU with Bank of Zambia for info.. 15 Feb 2017 | 15:35 | Dion Global

    The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperat...more...

  • RBI sets rupee reference rate at 66.9193 .. 15 Feb 2017 | 14:59 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 66.9193 against the US dol...more...

  • Cabinet gives in-principle nod for Sabari.. 15 Feb 2017 | 14:53 | Dion Global

    The Kerala cabinet today gave in-principle approval for setting up a greenfield airport at Sabarima...more...

  • Ind-Ra maintains stable outlook on privat.. 15 Feb 2017 | 14:18 | Dion Global

    India Ratings and Research (Ind-Ra) has maintained a stable rating and sector outlook on private se...more...

  • Stronger relation with Asia-Pacific natio.. 15 Feb 2017 | 14:05 | Dion Global

    “Networks are the key to transforming India into a knowledge based society and a digital econ...more...

  • WPI spikes on rising oil price, industry .. 15 Feb 2017 | 13:02 | Dion Global

    Apex industry body FICCI has said that wholesale price index (WPI) has gone up in January due to th...more...

  • India, Croatia ink pact on economic coope.. 15 Feb 2017 | 12:07 | Dion Global

    India and Croatia has inked an agreement for enhancing trade and economic cooperation between the t...more...

  • Govt hasn’t waived off a paisa of a.. 15 Feb 2017 | 10:05 | Dion Global

    The Indian Government has said that it has not waived even a single paisa of any industrialist and ...more...

  • FinMin reels off statistics, says data ca.. 15 Feb 2017 | 00:27 | Dion Global

    Citing sound macroeconomic parameters, finance ministry officials on Tuesday pitched for a rating u...more...

  • GST likely to halt economy: Avendus Capit.. 15 Feb 2017 | 00:21 | Dion Global

    Even as the economy is getting itself together post-note ban shock, the implementation of goods and...more...

  • Exporters' dues of over Rs 100 cr hel.. 15 Feb 2017 | 00:05 | Dion Global

    The Engineering Export Promotion Council (EEPC), apex body for engineering exporters, said it has r...more...

  • FIPB to take up 24 foreign investment pro.. 15 Feb 2017 | 00:03 | Dion Global

    FIPB will decide on 24 foreign investment proposals, including those of Vodafone India and Dr Reddy...more...

  • Rupee outperformance to come under pressu.. 14 Feb 2017 | 16:21 | Dion Global

    The fundamental pressure on USD/INR is on upside and the pair is heading towards a level of 72-73 b...more...

  • WPI spikes to 30-month high of 5.25% as f.. 14 Feb 2017 | 16:13 | Dion Global

    Soaring petrol and diesel prices fuelled wholesale inflation to a 30-month high of 5.25 per cent in...more...

  • Online recruitment activity sees 11% rise.. 14 Feb 2017 | 15:56 | Dion Global

    Online recruitment activity in the country registered an 11 per cent jump in January, led by strong...more...

  • Govt makes no allocation for Start-Up Fun.. 14 Feb 2017 | 15:39 | Dion Global

    The government has made no provision for its ambitious India Aspiration Fund, part of StartUp India...more...

  • BSE, NSE to move 47 cos to restricted tra.. 14 Feb 2017 | 15:21 | Dion Global

    Leading stock exchanges BSE and NSE will shift 47 companies to the restricted trading segment from ...more...

  • RBI sets rupee reference rate at 66.9439 .. 14 Feb 2017 | 14:48 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 66.9439 against the US dol...more...

  • WPI inflation shoots up to 5.25% in Janua.. 14 Feb 2017 | 12:56 | Dion Global

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

  • No proposal to levy 5% service tax on hea.. 14 Feb 2017 | 12:07 | Dion Global

    Settling the rumors spread in social media, the Central Government on Monday clarified that it does...more...

  • Niti to get Rs 35 cr in FY18 for hiring c.. 14 Feb 2017 | 11:57 | Dion Global

    Government think tank Niti Aayog will get Rs 35 crore in the next financial year to hire consultant...more...

  • India’s GDP to grow 7.4% yoy in FY1.. 14 Feb 2017 | 11:57 | Dion Global

    India Ratings and Research (Ind-Ra) has said that it expects the gross domestic product (GDP) to gr...more...

  • Deadline for feedback under 'Swachh S.. 14 Feb 2017 | 11:36 | Dion Global

    The Centre has extended the deadline for receiving citizens' feedback under cleanliness survey ...more...

  • Govt to launch updated version of PFMS in.. 14 Feb 2017 | 10:19 | Dion Global

    The Indian Government has said that it will come up with an updated version of Public Financial Man...more...

  • Four-tier GST rate structure will lead to.. 14 Feb 2017 | 10:18 | Dion Global

    A research paper has said that the four-tier GST rate structure will open up floodgates of classifi...more...

  • Govt to cut back on socio-eco schemes to .. 14 Feb 2017 | 10:17 | Dion Global

    The Indian Government has said that it may cut back some of the plethora of socio-economic schemes ...more...

  • India keen to increase exports to China: .. 14 Feb 2017 | 09:51 | Dion Global

    The Indian Government has said that it is working towards increasing exports to China to balance a ...more...

  • CPI could see upside pressure soon: Crisil 14 Feb 2017 | 09:50 | Dion Global

    Rating agency Crisil has said that even as consumer price inflation (CPI) has come down due to a di...more...

  • Note ban negatively impacted auto asset b.. 14 Feb 2017 | 09:31 | Dion Global

    Moody's Investors Service has said that demonetisation has negatively impacted the performance ...more...

  • Govt allocates Rs 500 cr to India Post Pa.. 14 Feb 2017 | 09:29 | Dion Global

    The Indian Government has said that it has allocated Rs 500 crore to India Post Payments Bank for f...more...

  • RBI currency press refuses to disclose pr.. 14 Feb 2017 | 00:17 | Dion Global

    The currency note printing press of Reserve Bank of India has refused to disclose its printing capa...more...

  • Govt focus on clean economy, bold decisio.. 14 Feb 2017 | 00:11 | Dion Global

    The Modi government's emphasis is on bold decision making and a clean economy with business fri...more...

  • Retail inflation slips to 3.17% in Jan 14 Feb 2017 | 00:05 | Dion Global

    Impacted by note ban, retail inflation fell to multi-year low of 3.17 per cent in January mainly on...more...

  • GDP growth to slow to 5.7% in Jan-Mar 201.. 13 Feb 2017 | 16:13 | Dion Global

    India's economic growth is likely to remain muted in the first quarter of this calender year wi...more...

  • India Inc's FDI overseas down 57% to .. 13 Feb 2017 | 15:47 | Dion Global

    Direct investments made overseas by Indian companies declined 57.3 per cent to USD 1.82 billion las...more...

  • RBI sets rupee reference rate at 66.9663 .. 13 Feb 2017 | 15:45 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 66.9663 against the US dol...more...

  • Trump administration poses risks to globa.. 13 Feb 2017 | 14:32 | Dion Global

    The Trump Administration represents a risk to international economic conditions and global sovereig...more...

  • RBI board meet discusses economic scene, .. 13 Feb 2017 | 13:18 | Dion Global

    The Reserve Bank central board took stock of the current economic situation, global and domestic ch...more...

  • UBI will be set in motion over next 1 yea.. 13 Feb 2017 | 12:57 | Dion Global

    Finance Minister Arun Jaitley hoped that the Universal Basic Income (UBI) scheme mooted by the Econ...more...

  • Patel holds long-gestation projects respo.. 13 Feb 2017 | 12:44 | Dion Global

    RBI Governor Urjit Patel has attributed the banks grappling with high bad loans to legacy issues sa...more...

  • NIIF in talks with 3-4 investors, may fin.. 13 Feb 2017 | 12:42 | Dion Global

    The National Investment and Infrastructure Fund (NIIF) is talking to 3-4 global investors and is li...more...

  • Chidambaram asks FM Jaitley to cut indire.. 13 Feb 2017 | 11:31 | Dion Global

    Former finance minister P Chidambaram, who feels the Union Budget for 2017-18 is "aimless and direc...more...

  • Expected RBI to cut interest rates: FM 13 Feb 2017 | 09:47 | Dion Global

    Finance Minister Arun Jaitley has said that he expected the RBI to cut interest rate but respect it...more...

  • IIP growth to see a rise in January 2017:.. 13 Feb 2017 | 09:46 | Dion Global

    A report has said that Industrial activity in the country, is expected to see an uptick in January ...more...

  • Govt planning recapitalisation of public .. 13 Feb 2017 | 09:46 | Dion Global

    The Indian Government has said that it is planning to come out with 'Indradhanush 2.0', a c...more...

  • Govt to make ration shops under PDS Aadha.. 13 Feb 2017 | 00:05 | Dion Global

    The Indian Government has said that it is planning to make all ration shops under the public distri...more...

  • UBI scheme should have cut off income lim.. 13 Feb 2017 | 00:04 | Dion Global

    Former Chief Economic Advisor Kaushik Basu has said that the Universal Basic Income (UBI) scheme, m...more...

  • Lots need to be done to boost exports: Min 13 Feb 2017 | 00:03 | Dion Global

    The Indian Government has said that Indian businesses are facing multiple challenges in overseas ma...more...

  • Govt provides Rs 2,845 cr aid for ERM pro.. 13 Feb 2017 | 00:02 | Dion Global

    The Indian Government has said that the central assistance worth over Rs 2,845 crore has been relea...more...

  • Govt aims merger of commodity boards to i.. 13 Feb 2017 | 00:01 | Dion Global

    To improve production and exports of plantation crops like tea, coffee and spices, the Commerce Min...more...

  • Diff tax in GST good for beverages sec, s.. 13 Feb 2017 | | Dion Global

    Atlanta-headquartered Coca-Cola India said that it will be beneficial for the beverages sector if g...more...

  • Fake currency smuggling halted post note .. 10 Feb 2017 | 16:35 | Dion Global

    Finance Ministry informed a Parliamentary Committee that smuggling of fake currency has totally sto...more...

  • RBI's next rate cut in Aug, prospect .. 10 Feb 2017 | 14:03 | Dion Global

    Reserve Bank may finally go for a 25 basis points rate cut in August if a good monsoon contains cor...more...

  • GST to reduce disparities among state: CEA 10 Feb 2017 | 09:49 | Dion Global

    Chief Economic Advisor (CEA) Arvind Subramanian has said that implementation of the goods and servi...more...

  • Govt appoints 3 non-official directors on.. 10 Feb 2017 | 09:35 | Dion Global

    Government has appointed three part-time non-official directors on the all powerful Central Board o...more...

  • Protectionist tendencies will shrink GDP:.. 10 Feb 2017 | 00:48 | Dion Global

    With protectionist trend emerging in developed economies, Finance Minister Arun Jaitley warned that...more...

  • GST rollout will reduce disparity among s.. 10 Feb 2017 | 00:33 | Dion Global

    Chief Economic Advisor (CEA) Arvind Subramanian said implementation of the goods and services tax (...more...

  • GST rollout will reduce disparity among s.. 10 Feb 2017 | 00:33 | Dion Global

    Chief Economic Advisor (CEA) Arvind Subramanian said implementation of the goods and services tax (...more...

  • Large corporates credit neutral , no rati.. 10 Feb 2017 | 00:27 | Dion Global

    Even with cash shortage hurting businesses in some sectors, the impact of demonetisation on the cre...more...

  • No decision yet on imposing tax on cash t.. 09 Feb 2017 | 13:52 | Dion Global

    The government has not taken any decision on levying a Banking Cash Transaction Tax (BCTT) on cash ...more...

  • RBI's policy decision slightly negati.. 09 Feb 2017 | 13:49 | Dion Global

    The Reserve Bank's decision not to cut key policy rates is slightly negative for Indian equitie...more...

  • RBI to be on hold unless inflation, growt.. 09 Feb 2017 | 13:43 | Dion Global

    The Reserve Bank is expected to hold rates steady over the "foreseeable future", unless inflation a...more...

  • RBI status quo disappoints demonetisation.. 09 Feb 2017 | 12:12 | Dion Global

    Disappointed with the Reserve Bank's decision to leave key policy rates unchanged, India Inc s...more...

  • Govt informed about India-France technolo.. 09 Feb 2017 | 11:13 | Dion Global

    The Union Cabinet was apprised on Wednesday of the signing of agreement between India and France to...more...

  • Cabinet okays 'Pradhan Mantri Gramin .. 09 Feb 2017 | 10:59 | Dion Global

    The Union Cabinet has approved 'Pradhan Mantri Gramin Digital Saksharta Abhiyan' (PMGDISHA)...more...

  • Final number of junked notes to be reveal.. 09 Feb 2017 | 10:28 | Dion Global

    The RBI has said that it is reconciling data on junked 500 and 1,000 rupee notes with physical cash...more...

  • Inflation to remain below 5% in Jan-March.. 09 Feb 2017 | 10:23 | Dion Global

    Reserve Bank has said that inflation will remain below 5 per cent in the January-March quarter of t...more...

  • India to register more than 7% growth nex.. 09 Feb 2017 | 10:22 | Dion Global

    Economic Affairs Secretary Shaktikanta Das has said that India will be able to pull off a 7 per cen...more...

  • Govt working to expand digital transactio.. 09 Feb 2017 | 00:26 | Dion Global

    Asserting that the government is working to expand digital transaction at a great pace despite crit...more...

  • RBI supports 'bad bank' idea floa.. 09 Feb 2017 | 00:19 | Dion Global

    In a departure from its earlier stand, the Urjit Patel-led Reserve Bank appeared to be receptive of...more...

  • Inflation concern led RBI to keep rates u.. 09 Feb 2017 | 00:06 | Dion Global

    Concern over inflation weighed heavily on RBI when it decided to maintain status quo on policy rate...more...

  • Apr-Dec 2016 saw rise in merchandise expo.. 09 Feb 2017 | | Dion Global

    There has been a positive growth in exports to the tune of 4.37 per cent in rupee terms and 0.75 pe...more...

  • FDI in manufacturing sector up 82 pc in A.. 08 Feb 2017 | 17:06 | Dion Global

    The government today said the manufacturing sector has received FDI equity inflow worth USD 16.13 b...more...

  • RBI cuts FY17 growth forecast to 6.9%, pe.. 08 Feb 2017 | 16:15 | Dion Global

    RBI Governor Urjit Patel today cut the economic growth forecast to 6.9 per cent for the current fis...more...

  • RBI to set up panel on strengthening cybe.. 08 Feb 2017 | 16:15 | Dion Global

    In a bid to strengthen cyber security system, the Reserve Bank (RBI) today decided to set up an int...more...

  • 3.2% fiscal deficit target realistic; rev.. 08 Feb 2017 | 15:15 | Dion Global

    Rejecting arguments that fiscal deficit target of 3.2 per cent is optimistic, Economic Affairs Secr...more...

  • FDI zooms 60% to $4.68 bn in Nov 08 Feb 2017 | 14:59 | Dion Global

    With the government taking steps to improve ease of doing business and relax regulations, foreign d...more...

  • Monetary Policy: RBI governor maintains s.. 08 Feb 2017 | 14:57 | Dion Global

    In a surprise move, the Reserve Bank of India (RBI) on Wednesday decided to maintain a status quo o...more...

  • RBI sets rupee reference rate at 67.3058 .. 08 Feb 2017 | 14:40 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 67.3058 against the US dol...more...

  • Global M&A activity may drop to $2.5 trn .. 08 Feb 2017 | 13:48 | Dion Global

    Global merger and acquisition activity is expected to moderate amid economic and political uncertai...more...

  • Govt allows multiple deposits under Garib.. 08 Feb 2017 | 11:21 | Dion Global

    The government has said that the declarants can make multiple deposits under the Pradhan Mantri Ga...more...

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