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Economy News

  • Gold worth Rs 120cr transacted within 6 m.. 18 Oct 2017 | 15:25 | Dion Global

    Mobile wallet company Paytm today said gold worth Rs 120 crore has been transacted within six month...more...

  • Hit by DeMo-GST, corporates slash gifts b.. 18 Oct 2017 | 15:03 | Dion Global

    In sync with low-key festivities due to slowdown concerns and pressure on their balance sheets, cor...more...

  • DIPP simplifies norms for processing FDI .. 18 Oct 2017 | 15:01 | Dion Global

    The commerce and industry ministry has said that it has eased the mechanism for processing foreign ...more...

  • I-T dept launches 'online chat' t.. 18 Oct 2017 | 14:16 | Dion Global

    The Income Tax Department has launched an 'online chat' service for taxpayers so that they ...more...

  • India signs pact to send interns to Japan.. 18 Oct 2017 | 12:21 | Dion Global

    India today signed a memorandum of cooperation with Japan to send youngsters there as technical int...more...

  • Significant increase in forex purchase by.. 18 Oct 2017 | 12:01 | Dion Global

    The US Department of Treasury has said that it will closely monitor New Delhi's foreign exchang...more...

  • Widening of CAD to impact forex accretion.. 18 Oct 2017 | 10:02 | Dion Global

    A foreign bank has said that the dip in foreign investor flows and the widening current account def...more...

  • RBI invites applications for the post of .. 18 Oct 2017 | 10:01 | Dion Global

    The Reserve Bank of India (RBI) has said that it has sought fresh applications from eligible candid...more...

  • Vice President defends Modi on DeMon, GST.. 18 Oct 2017 | 09:53 | Dion Global

    The Vice President of India, M. Venkaiah Naidu has said that reformative measures like the introduc...more...

  • Pay interest due on gold deposited under .. 18 Oct 2017 | 09:20 | Dion Global

    The Reserve Bank of India has said that it has asked banks to immediately pay interest due on the g...more...

  • North East Small Finance Bank commences o.. 18 Oct 2017 | 09:20 | Dion Global

    RBI has said that North East Small Finance Bank Limited has commenced operations as a small finance...more...

  • RBI sets rupee reference rate at 64.9226 .. 17 Oct 2017 | 15:35 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.9226 against the US dol...more...

  • India Inc's investment in foreign uni.. 17 Oct 2017 | 15:26 | Dion Global

    India Inc's investment in overseas ventures fell by nearly 39.3 per cent to USD 2.65 billion in...more...

  • India should set up independent fiscal co.. 17 Oct 2017 | 15:01 | Dion Global

    The International Monetary Fund has said that it has suggested India to consider setting up an inde...more...

  • Domestic worker draft policy for min wage.. 17 Oct 2017 | 14:20 | Dion Global

    Domestic workers across the country may soon have right to equal and minimum wages, social security...more...

  • WPI to moderate further; to average 2.8% .. 17 Oct 2017 | 12:26 | Dion Global

    WPI inflation is expected to moderate further in the coming months, and is likely to average 2.8 pe...more...

  • Goods under 28% GST slab to be reduced: A.. 17 Oct 2017 | 12:01 | Dion Global

    The Indian Government has said that the number of goods in the highest 28 per cent GST slab would b...more...

  • India's foreign reserves enough to cu.. 17 Oct 2017 | 11:51 | Dion Global

    India's foreign reserves, which touched a record USD 402.5 billion in September, are high enoug...more...

  • Indian economy to bounce back in Sept qtr.. 17 Oct 2017 | 10:28 | Dion Global

    A Morgan Stanley report has said that continued strength in import growth is a reflection of health...more...

  • Abu Dhabi Investment Authority inks $1bn .. 17 Oct 2017 | 09:54 | Dion Global

    Pursuant to the Memorandum of Understanding (MoU) between Department of Economic Affairs, Ministry ...more...

  • FDDI declared as an ‘Institute of N.. 17 Oct 2017 | 09:52 | Dion Global

    Footwear Design & Development Institute (FDDI) has been declared an ‘Institute of National Im...more...

  • FICCI pitches for rate cut as WPI inflati.. 17 Oct 2017 | 09:50 | Dion Global

    FICCI President, Pankaj Patel has said that we see a moderation in the rate of inflation led by eas...more...

  • RBI sets rupee reference rate at 64.7603 .. 16 Oct 2017 | 14:18 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.7603 against the US dol...more...

  • Indian economy on very solid track: Lagar.. 16 Oct 2017 | 14:05 | Dion Global

    IMF chief Christine Lagarde has said that the Indian economy is on a very solid track in the mid-te...more...

  • Wholesale inflation falls to 2.6% in Sept 16 Oct 2017 | 14:03 | Dion Global

    Wholesale inflation fell to 2.60 per cent in September as prices of food articles, led by vegetable...more...

  • Equity mutual funds inflow triples to Rs .. 16 Oct 2017 | 13:06 | Dion Global

    Equity mutual funds registered an inflow of over Rs 80,000 crore in April-September 2017, a three-f...more...

  • Dec rate cut likely after Sept's soft.. 16 Oct 2017 | 13:05 | Dion Global

    The Reserve Bank of India (RBI) is likely to go for a 25 bps rate cut at its next policy review mee...more...

  • 'Growth recovery in India's consu.. 16 Oct 2017 | 12:23 | Dion Global

    Growth in India's consumer sector is seemed to have recovered in the July-September quarter lar...more...

  • Impact of US Fed rate hike to be major ch.. 16 Oct 2017 | 12:04 | Dion Global

    The Finance Minister has said that employment creation, the global slowdown in investments and the ...more...

  • Economy poised for sustainable and balanc.. 16 Oct 2017 | 09:58 | Dion Global

    The Union Minister for Finance and Corporate Affairs, Arun Jaitley hasn said that the Indian econom...more...

  • G-20 must formulate responses to global c.. 16 Oct 2017 | 09:50 | Dion Global

    The Union Minister for Finance and Corporate Affairs, Arun Jaitley on Friday participated in the G-...more...

  • PM lays foundation stone for four NH Proj.. 16 Oct 2017 | 09:48 | Dion Global

    Prime Minister Narendra Modi on Friday laid down the foundation stone for four sewerage projects co...more...

  • Odisha Govt signs MoU with SBI: Reports 16 Oct 2017 | 00:05 | Dion Global

    The Odisha Government has said that its Directorate of Treasuries and Inspection and the State Bank...more...

  • Govt invites bids to buy out PDIL: Reports 16 Oct 2017 | 00:04 | Dion Global

    The Indian Government has said that it has invited bids from EIL or other similarly placed PSUs to ...more...

  • Need to strengthen balance sheet of banks.. 16 Oct 2017 | 00:03 | Dion Global

    Reserve Bank of India Deputy Governor N S Vishwanathan has said that there is a need to strengthen ...more...

  • India, EU to restart FTA negotiations soo.. 16 Oct 2017 | 00:02 | Dion Global

    An Official has said that India and the European Union plan to take stock of the proposed free trad...more...

  • India’s merchandise exports rise sh.. 16 Oct 2017 | 00:02 | Dion Global

    The Indian Government has said that India’s merchandise exports rose sharply in September, el...more...

  • APY subscriber base to touch 1 cr by Marc.. 16 Oct 2017 | 00:01 | Dion Global

    Finance Ministry has said that the subscriber base of Atal Pension Yojana (APY), a guaranteed pensi...more...

  • Three structural reforms essential for In.. 16 Oct 2017 | | Dion Global

    The IMF has said that it has suggested a three way approach for structural reform in India that inc...more...

  • Metros can benefit by increasing digital .. 13 Oct 2017 | 16:07 | Dion Global

    A study report by global financial services major Visa has revealed that four metro cities of Delhi...more...

  • Govt plans to bring real estate under GST.. 13 Oct 2017 | 15:39 | Dion Global

    The Finance Minister has said that the issue of bringing real estate under the GST's ambit will...more...

  • India have undertaken significant reforms.. 13 Oct 2017 | 14:01 | Dion Global

    The World Bank has said that the reforms undertaken by India have been significant and the results ...more...

  • Aadhaar helped Indian govt save USD 9 bn:.. 13 Oct 2017 | 12:55 | Dion Global

    The Indian government's Aadhaar card scheme, which has enrolled more than 1 billion people, has...more...

  • Banks need to set aside Rs 3.3 tn as NPA .. 12 Oct 2017 | 17:07 | Dion Global

    Banks are likely to need nearly Rs 3.3 lakh crore this fiscal as provisioning for large NPA account...more...

  • Note ban, GST have put Indian economy in .. 12 Oct 2017 | 16:02 | Dion Global

    Finance minister Arun Jaitley has said that the government's decision to maintain secrecy over ...more...

  • More steps needed to ensure good capitali.. 12 Oct 2017 | 16:01 | Dion Global

    The IMF has said that a combination of weak banks and corporates have left India vulnerable to a ti...more...

  • Govt planning to rebuild capacity of bank.. 12 Oct 2017 | 15:01 | Dion Global

    Finance Minister Arun Jaitley has said that the Indian government is planning to rebuild the capaci...more...

  • RBI sets rupee reference rate at 65.1003 .. 12 Oct 2017 | 14:44 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.1003 against the US dol...more...

  • Working on plan to rebuild capacity of ba.. 12 Oct 2017 | 14:34 | Dion Global

    Finance Minister Arun Jaitley has said the government, faced with a "catch-22 situation" over the i...more...

  • India could delay implementation of Basel.. 12 Oct 2017 | 14:01 | Dion Global

    A SBI Report has said that India could slightly delay the implementation of global risk norms Basel...more...

  • Cabinet approves MoC with Japan on TITP 12 Oct 2017 | 12:04 | Dion Global

    The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of "Memorandum o...more...

  • Cabinet approves MoU between SEBI and FSC 12 Oct 2017 | 10:02 | Dion Global

    The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing of...more...

  • India and Belarus to boost tie in educati.. 12 Oct 2017 | 09:58 | Dion Global

    The Union Cabinet has given its ex-post facto approval for a Memorandum of Understanding between In...more...

  • Cabinet approves Sebi's MoUs with CMA.. 12 Oct 2017 | 09:56 | Dion Global

    The Union Cabinet on Wednesday gave its approval for signing of a Memorandum of Understanding (MoU)...more...

  • India to sign pact with Morocco in field .. 12 Oct 2017 | 09:46 | Dion Global

    The Union Cabinet on Wednesday gave its approval for signing of a Memorandum of Understanding (MoU)...more...

  • Cabinet approves pay hike for university,.. 12 Oct 2017 | 09:45 | Dion Global

    The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for revision o...more...

  • PM approves Rs 2000 cr to set up Aadhar c.. 11 Oct 2017 | 17:04 | Dion Global

    The Indian Government has said that Prime Minister Narendra Modi has approved Rs 2,000 crore specif...more...

  • Direct tax collections jump 16% to Rs 3.8.. 11 Oct 2017 | 16:59 | Dion Global

    India's direct tax collections for April-September rose 15.8 per cent to Rs 3.86 lakh crore, bu...more...

  • Productivity enhancement essential for hi.. 11 Oct 2017 | 16:01 | Dion Global

    NITI Aayog member Bibek Debroy has said that enhancement of productivity is important for India to ...more...

  • Inflation may trend higher as IIP, CPI ex.. 11 Oct 2017 | 14:32 | Dion Global

    India's industrial growth and inflation may trend up as key metrics such as IIP, CPI and WPI ar...more...

  • RBI sets rupee reference rate at 65.2691 .. 11 Oct 2017 | 14:17 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.2691against the US doll...more...

  • EPFO to go paperless in another one year:.. 11 Oct 2017 | 13:03 | Dion Global

    The Employees Provident Fund Organisation will go paperless in another year as part of Digital Indi...more...

  • PFRDA rolls-out Aadhar powered enrollment.. 11 Oct 2017 | 12:13 | Dion Global

    Pension Fund Regulatory and Development Authority (PFRDA) has embarked upon several digital friendl...more...

  • PFRDA introduces new norms for CPSE emplo.. 11 Oct 2017 | 12:12 | Dion Global

    Pension Fund Regulatory and Development Authority (PFRDA) organised a conference on National Pensio...more...

  • FinMin disposes 6 FDI proposals worth Rs .. 11 Oct 2017 | 12:11 | Dion Global

    During the month of September 2017, the Department of Economic Affairs has disposed of six FDI prop...more...

  • World Bank lowers India's growth fore.. 11 Oct 2017 | 11:51 | Dion Global

    India's GDP may slow from 8.6 per cent in 2015 to 7.0 per cent in 2017 because of disruptions b...more...

  • PM's EAC to hold first meeting at NIT.. 11 Oct 2017 | 10:12 | Dion Global

    The first meeting of the newly constituted Economic Advisory Council to the Prime Minister, EAC-PM ...more...

  • Economy to grow at 6.5% in 2017-18: Ranga.. 11 Oct 2017 | 10:01 | Dion Global

    Former RBI Governor C Rangarajan has said that he expects that the economy will grow at 6.5 per cen...more...

  • Govt asks traders to file final GST retur.. 10 Oct 2017 | 17:01 | Dion Global

    The Indian Government has said that it has asked businesses to file final GST returns for the month...more...

  • Bold reforms have put India firmly on gro.. 10 Oct 2017 | 16:04 | Dion Global

    India is experiencing some of the greatest structural changes as bold new reforms like note ban and...more...

  • RBI may cut rate in Dec as inflation rece.. 10 Oct 2017 | 15:11 | Dion Global

    The Reserve Bank is expected to cut key interest rate in December amid receding inflation and signa...more...

  • RBI sets rupee reference rate at 65.2652 .. 10 Oct 2017 | 15:05 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.2652 against the US dol...more...

  • India Post Payments Bank will push financ.. 10 Oct 2017 | 08:52 | Dion Global

    Minister for Communications Manoj Sinha on Monday said that Government is working on setting up 650...more...

  • 14 lakh biz yet to file July GSTR-1, no e.. 10 Oct 2017 | 00:27 | Dion Global

    The government asked 14 lakh businesses to file final GST returns for the month of July by today an...more...

  • Govt to notify new norms for reporting go.. 09 Oct 2017 | 17:01 | Dion Global

    The Indian Government has said that it will soon notify a new threshold for reporting to authoritie...more...

  • RBI to launch financial literacy drive in.. 09 Oct 2017 | 16:05 | Dion Global

    The Reserve Bank has said that it will soon launch a financial literacy drive in 80 blocks in nine ...more...

  • India needs to grow at faster pace: FM 09 Oct 2017 | 15:02 | Dion Global

    Finance Minister Arun Jaitley has said that India needs to grow at a faster pace while stating that...more...

  • RBI sets rupee reference rate at 65.3074 .. 09 Oct 2017 | 14:24 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.3074 against the US dol...more...

  • DBS sees more policy fine-tuning from gov.. 09 Oct 2017 | 14:09 | Dion Global

    The Development Bank of Singapore (DBS) expects policy fine-tuning from the Indian government -- on...more...

  • Seven of 10 most valued cos add Rs 63,444.. 09 Oct 2017 | 10:12 | Dion Global

    Seven of the 10 most valued Indian companies together gained Rs 63,443.82 crore in market valuation...more...

  • PM launches intensified mission Indradhan.. 09 Oct 2017 | 09:00 | Dion Global

    Prime Minister Narendra Modi on Sunday launched the Intensified Mission Indradhanush (IMI) which ai...more...

  • NSE discontinues advance collection of se.. 09 Oct 2017 | 06:54 | Dion Global

    Top stock exchange NSE has decided to discontinue advance collection of service charges, including ...more...

  • RBI unlikely to change interest rates for.. 09 Oct 2017 | 06:52 | Dion Global

    No change in interest rates is likely over the rest of this fiscal, as the Reserve Bank of India is...more...

  • 100 days of GST: FMCG cos give thumbs up,.. 09 Oct 2017 | 06:51 | Dion Global

    As the GST completes 100 days on Sunday, major FMCG firms, including Dabur and Godrej Consumer, exp...more...

  • FM headed for US for IMF-World Bank meets 09 Oct 2017 | 00:31 | Dion Global

    Finance Minister Arun Jaitley will leave on an official visit to the US today to participate in ann...more...

  • GDP to recover in Q2 as fundamentals stro.. 09 Oct 2017 | 00:14 | Dion Global

    Union minister Ravi Shankar Prasad tried to deflect the criticism arising from the steep fall in gr...more...

  • GST relief for SMEs, exporters; tax rates.. 09 Oct 2017 | 00:12 | Dion Global

    Three months after the rollout of the new indirect tax regime, the GST Council has made sweeping ch...more...

  • Note ban, GST will take some time to show.. 06 Oct 2017 | 16:48 | Dion Global

    Describing note ban and the implementation of GST as structural changes in the economy, Hero Enterp...more...

  • RBI sets rupee reference rate at 65.2276 .. 06 Oct 2017 | 16:04 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 65.2276 against the US dol...more...

  • 'Gradual recovery on cards, FY'18.. 06 Oct 2017 | 16:03 | Dion Global

    The Indian economy is expected to see a gradual cyclical recovery with GVA growth averaging 6.7 per...more...

  • IBBI amends insolvency resolution process.. 06 Oct 2017 | 15:44 | Dion Global

    An insolvency resolution plan will need to have a statement spelling out how the interest of all st...more...

  • India's GST rollout positive step: of.. 06 Oct 2017 | 13:54 | Dion Global

    The positive steps taken by the Indian government like the implementation of the Goods and Services...more...

  • Aadhaar now a must for post office deposi.. 06 Oct 2017 | 13:01 | Dion Global

    The government has made biometric identification Aadhaar mandatory for all post office deposits, PP...more...

  • Par panel to invite RBI governor to brief.. 06 Oct 2017 | 10:54 | Dion Global

    RBI Governor Urjit Patel is likely to brief the members of the parliamentary panel assessing the cr...more...

  • Sale of stake by banks in insurance arm c.. 06 Oct 2017 | 10:53 | Dion Global

    The sale of stake by few Indian banks in their insurance arms is credit positive for these lenders ...more...

  • India’s trade relationship with Eth.. 06 Oct 2017 | 08:46 | Dion Global

    The President of India, Shri Ram Nath Kovind, has said that Ethiopia and India have been trading wi...more...

  • Indian cos see rebound in EU business pro.. 06 Oct 2017 | 01:23 | Dion Global

    Indian companies doing business in Europe are witnessing a rebound in their business prospects in t...more...

  • IBBI amends norms for setting up informat.. 06 Oct 2017 | 01:18 | Dion Global

    The Insolvency and Bankruptcy Board said it has amended the rules for information utilities, provid...more...

  • Promote cashless transactions to strength.. 06 Oct 2017 | 00:29 | Dion Global

    Union minister J P Nadda urged people to adopt cashless transactions to strengthen the economy, say...more...

  • Govt should revive private sector investm.. 05 Oct 2017 | 17:01 | Dion Global

    Former RBI Governor C Rangarajan has said that GST is an important step forward but the government ...more...

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