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Economy News

  • Transfer of excess reserve may pull down .. 18 Dec 2018 | 10:31 | Dion Global

    Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government ...more...

  • Banning high-value notes 'bad idea', demo.. 17 Dec 2018 | 16:19 | Dion Global

    Demonetisation slowed down India's economic growth at a time when the world economy was growing, an...more...

  • Export growth to surge 7% in Oct-Dec: Exi.. 17 Dec 2018 | 16:08 | Dion Global

    The Export Import Bank of India (Exim Bank) Monday said the country's export growth will surge to 7...more...

  • Boosting exports key to make India USD 5 .. 14 Dec 2018 | 10:57 | Dion Global

    NITI Aayog chief executive Amitabh Kant Thursday said that India's exports need to increase signifi...more...

  • National Mission on Government e-Market (.. 14 Dec 2018 | 10:47 | Dion Global

    The National Mission on GeM (NMG) was launched on 5th September 2018 till 17th October 2018. The ob...more...

  • Government is making every effort to stop.. 14 Dec 2018 | 10:43 | Dion Global

    Union Minister of Agriculture and Farmers’ Welfare Shri Radha Mohan Singh has said that gover...more...

  • PM reviews steps taken to improve ease of.. 14 Dec 2018 | 10:40 | Dion Global

    The Prime Minister, Narendra Modi, today chaired a high-level meeting to review progress with regar...more...

  • India attaches utmost importance to the 2.. 12 Dec 2018 | 09:05 | Dion Global

    The Vice President of India, Shri M. Venkaiah Naidu has said that India attaches utmost importance ...more...

  • FinMin releases Discussion Paper entitled.. 05 Dec 2018 | 08:48 | Dion Global

    Department of Economic Affairs, Ministry of Finance, on Tuesday released a Discussion Paper entitle...more...

  • India: Manufacturing PMI hits 11-month h.. 03 Dec 2018 | 11:18 | Dion Global

    The country's manufacturing sector activity improved in November and touched an 11-month high as ne...more...

  • Forex reserves down by USD 795 mn to USD .. 30 Nov 2018 | 17:58 | Dion Global

    The country's foreign exchange reserves dropped by USD 795 million to USD 392.785 billion in the we...more...

  • Infra growth slows down to 4.8% in Oct; f.. 30 Nov 2018 | 17:55 | Dion Global

    The growth rate of eight infrastructure sectors slowed down to 4.8 per cent in October due to contr...more...

  • Centre, states apportion Rs 33,000 cr IGS.. 30 Nov 2018 | 15:33 | Dion Global

    As much as Rs 33,000 crore lying in the integrated goods and services tax (IGST) pool has been appo...more...

  • RBI eases norms for NBFCs to securitise l.. 30 Nov 2018 | 07:53 | Dion Global

    The Reserve Bank of India (RBI) Thursday relaxed norms for NBFCs to securitise their loan books, a ...more...

  • FY19 growth likely at 7-7.4%; industrial .. 30 Nov 2018 | 07:53 | Dion Global

    Indian economy is projected to grow at 7-7.4 per cent in the current fiscal, economic policy think-...more...

  • Ahead of 2019 polls, govt slashes GDP gro.. 29 Nov 2018 | 08:25 | Dion Global

    The government Wednesday lowered the country's economic growth rate during the previous Congress-le...more...

  • India's GDP growth may slow down to 7.6% .. 29 Nov 2018 | 08:17 | Dion Global

    The country's GDP growth is expected to decelerate to 7.6 per cent in the September quarter, from t...more...

  • India, Gabon discuss ways to boost econom.. 29 Nov 2018 | 08:15 | Dion Global

    India Wednesday discussed with African nation Gabon ways to increase economic cooperation in variou...more...

  • IFC Investments touch record high of $2.6.. 28 Nov 2018 | 14:46 | Dion Global

    IFC, a member of the World Bank Group, invested a record $2.6 billion in India in FY2018 - a rise o...more...

  • Govt, RBI should have continuous dialogue.. 28 Nov 2018 | 11:00 | Dion Global

    In apparent reference to the recent spat between the government and the Reserve Bank, Vice Presiden...more...

  • Bahrain EDB pitches for closer economic t.. 28 Nov 2018 | 10:56 | Dion Global

    Bahrain's investment promotion agency Economic Development Board (EDB) has called for closer econom...more...

  • RBI to pump in additional liquidity of Rs.. 28 Nov 2018 | 08:02 | Dion Global

    The RBI will pump in another set of liquidity in December by infusing Rs 40,000 crore into the syst...more...

  • India, Russia to increase cooperation in .. 28 Nov 2018 | 07:59 | Dion Global

    India and Russia Tuesday agreed to increase cooperation in the field of Artificial Intelligence (AI...more...

  • RBI may hold the rates till March: report 26 Nov 2018 | 14:38 | Dion Global

    The Reserve Bank will hold the rates for the remainder of the fiscal year ending March 2019 and is ...more...

  • Macro-data, assembly polls to set tone fo.. 26 Nov 2018 | 09:34 | Dion Global

    Upcoming key macro-economic data points, coupled with the trends in global stock markets and the di...more...

  • FPIs' bullish stance continues; pump in R.. 26 Nov 2018 | 09:33 | Dion Global

    Foreign investors have pumped in Rs 63.10 billion into Indian capital markets this month so far, af...more...

  • 6 of top valued cos take Rs 740.3 bn m-ca.. 26 Nov 2018 | 09:32 | Dion Global

    The combined market valuation of six of the 10 most valued Indian companies declined by Rs 740.34 b...more...

  • Cabinet approves Allied and Healthcare Pr.. 22 Nov 2018 | 17:23 | Dion Global

    The Union Cabinet has approved the Allied and Healthcare Professions Bill, 2018 for regulation and ...more...

  • Cabinet appraised of MoUs on science and .. 22 Nov 2018 | 17:22 | Dion Global

    The Cabinet was Thursday appraised about a Memorandum of Understanding (MoU) signed between India a...more...

  • India, Australia ink 5 pacts as Kovind me.. 22 Nov 2018 | 14:15 | Dion Global

    India and Australia signed five agreements on Thursday to boost investments and enhance cooperation...more...

  • FPIs continue sell-off, pull out USD 900 .. 21 Nov 2018 | 14:40 | Dion Global

    Continuing their selling spree in the September quarter, foreign investors pulled out USD 900 milli...more...

  • Expert panel on RBI's capital framework t.. 21 Nov 2018 | 11:48 | Dion Global

    The RBI board will soon set up a high-level committee for examining the Economic Capital Framework ...more...

  • India and World Bank sign $310 mn loan pa.. 21 Nov 2018 | 09:33 | Dion Global

    The Government of India, the Government of Jharkhand and the World Bank on Tuesday signed a USD 310...more...

  • Prime Minister launches ease of doing bus.. 21 Nov 2018 | 09:32 | Dion Global

    The Prime Minister of India has launched a Grand Challenge on resolving seven identified Ease of Do...more...

  • Patients save around Rs 15,000 cr under &.. 21 Nov 2018 | 09:31 | Dion Global

    Minister of State for Chemicals & Fertilizers, Road Transport & Highways, Shipping, Mansukh L. Mand...more...

  • India, Vietnam agree to enhance defence t.. 20 Nov 2018 | 15:15 | Dion Global

    India and Vietnam agreed to further strengthen bilateral strategic cooperation in defence and oil a...more...

  • RBI board meeting: Sets up expert committ.. 20 Nov 2018 | 10:59 | Dion Global

    The Reserve Bank of India’s (RBI) Central Board on Monday met in Mumbai and discussed the Bas...more...

  • India, Bahrain likely to ink pact for coo.. 19 Nov 2018 | 13:15 | Dion Global

    The Bahrain government is likely to sign an agreement with India early next year for cooperation in...more...

  • Seven of top 10 firms add Rs 708 bn in m-.. 19 Nov 2018 | 08:00 | Dion Global

    Seven of the 10 most-valued Indian companies together added Rs 708.67 billion in market capitalisat...more...

  • FPIs invest over $1 bn in Nov so far on e.. 19 Nov 2018 | 07:59 | Dion Global

    Foreign investors have pumped in nearly Rs 82.85 billion into the Indian capital markets so far thi...more...

  • RBI net sells $18.66 bn of dollars betwee.. 19 Nov 2018 | 07:58 | Dion Global

    The Reserve Bank of India (RBI) net sold $18.662 billion of the greenback in the spot market, durin...more...

  • Govt looks to garner Rs 50 bn from CPSE s.. 19 Nov 2018 | 07:56 | Dion Global

    The government expects to garner at least Rs 50 billion through share buyback offers of state-run c...more...

  • Govt to soon unveil new industrial policy.. 16 Nov 2018 | 14:27 | Dion Global

    The government will soon unveil a new industrial policy which may include a dedicated chapter on th...more...

  • Liquidity crunch not systemic, NBFCs meet.. 16 Nov 2018 | 12:07 | Dion Global

    Top bankers Thursday said the current liquidity crunch is not a systemic problem and non-banking fi...more...

  • Exports up 17.86% in Oct at USD 26.98 bn:.. 16 Nov 2018 | 11:21 | Dion Global

    India's exports rose by 17.86 per cent to USD 26.98 billion in October compared to the year-ago mon...more...

  • Fitch keeps India rating unchanged for 12.. 16 Nov 2018 | 11:19 | Dion Global

    Refusing to upgrade India's credit rating for the 12th year in a row, Fitch Thursday retained its s...more...

  • Efforts on to reduce NTBs between India a.. 16 Nov 2018 | 09:43 | Dion Global

    Indian and Kazakhstan are making earnest efforts to reduce Non-Tariff Barriers (NTBs) and other pol...more...

  • Govt launches credit scheme for cooperati.. 15 Nov 2018 | 10:16 | Dion Global

    Agriculture Minister Radha Mohan Singh Wednesday announced the launch of a scheme that aims to prov...more...

  • India's job outlook drops 3% to 92% in H2.. 14 Nov 2018 | 14:26 | Dion Global

    The overall hiring sentiment for the second half of this financial year has declined by 3 per cent ...more...

  • WPI inflation rises to 5.28% in Oct on co.. 14 Nov 2018 | 13:25 | Dion Global

    Inflation based on wholesale prices rose to a four-month high of 5.28 per cent in October, mainly d...more...

  • Data localisation is not protectionist ap.. 14 Nov 2018 | 11:23 | Dion Global

    India's push for data localisation is not a "protectionist" approach but it is to "manage" local in...more...

  • Retail inflation cools to year-low of 3.3.. 13 Nov 2018 | 09:35 | Dion Global

    Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen ...more...

  • Industrial growth slips to 4-month low of.. 13 Nov 2018 | 09:34 | Dion Global

    Industrial production grew at the slowest pace in four months at 4.5 per cent in September mainly d...more...

  • Niti Aayog to hold meeting with digital p.. 13 Nov 2018 | 09:32 | Dion Global

    Niti Aayog will hold a meeting with all the stakeholders in digital payments industry over customer...more...

  • 17 NBFCs surrender their Certificate of R.. 13 Nov 2018 | 08:20 | Dion Global

    Reserve Bank of India has said that seventeen non-banking financial corporations (NBFCs) have surre...more...

  • GOI to sale five dated securities for Rs .. 13 Nov 2018 | 08:20 | Dion Global

    The Government of India (GoI) has announced the sale (re-issue) of five dated securities for Rs 12,...more...

  • Five of top-10 companies add Rs 26,157 cr.. 12 Nov 2018 | 11:29 | Dion Global

    Five of the 10 most valued Indian companies together added Rs 26,157.12 crore in market capitalisat...more...

  • Macro data, global factors, state polls t.. 12 Nov 2018 | 11:28 | Dion Global

    With quarterly earnings season almost over, focus of the equity markets this week would shift to ma...more...

  • GST compensation to states slumps 20% to .. 12 Nov 2018 | 08:04 | Dion Global

    GST compensation paid to states by the Centre has declined to over Rs 119 billion during August-Sep...more...

  • After Sept pull out, FPIs infuse Rs 48 bn.. 12 Nov 2018 | 08:01 | Dion Global

    Foreign investors have pumped in nearly Rs 48 bn into the Indian capital markets in the last five t...more...

  • GST a monumental reform, hit growth only .. 12 Nov 2018 | 07:59 | Dion Global

    The GST implementation was a "monumental reform" which had disruptionist impact on growth only for ...more...

  • Cab approves setting up of Central Tribal.. 09 Nov 2018 | 12:27 | Dion Global

    The Cabinet on Thursday approved setting up of a Central Tribal University in Andhra Pradesh. Th...more...

  • Cabinet apprises of India joining as memb.. 09 Nov 2018 | 12:26 | Dion Global

    The Union Cabinet Thursday apprised of India joining as member of Advanced Motor Fuels Technology C...more...

  • Banks showing positive signs but fundamen.. 09 Nov 2018 | 12:00 | Dion Global

    Notwithstanding the positive signs in the Indian banking sector, fundamentals still remain a long w...more...

  • Govt approves mechanism for sale of enemy.. 09 Nov 2018 | 12:00 | Dion Global

    The government Thursday approved a mechanism for sale of enemy shares which at the current price is...more...

  • Cabinet approves MoU with Italy in fields.. 09 Nov 2018 | 10:41 | Dion Global

    The Union Cabinet on Friday said that it has approved the Memorandum of Understanding (MoU) between...more...

  • Cabinet approves signing, ratifying extra.. 09 Nov 2018 | 08:14 | Dion Global

    The Cabinet Thursday approved the signing and ratifying of an extradition agreement between India a...more...

  • NBFCs may prove to be a drag on economic .. 09 Nov 2018 | 07:53 | Dion Global

    The ongoing crisis of confidence in non-banking financial companies (NBFCs) may prove to be a drag ...more...

  • India's economic growth to slow down to 7.. 09 Nov 2018 | 07:52 | Dion Global

    Indian economy will expand 7.4 per cent in 2018, but the growth will slow down to 7.3 per cent in t...more...

  • FinMin eyes Rs 8,000 cr through CPSE ETF,.. 05 Nov 2018 | 14:12 | Dion Global

    The Finance Ministry is eyeing about Rs 8,000 crore through the launch of follow-on public offer of...more...

  • Q2 results, rupee, Iran oil sanctions to .. 05 Nov 2018 | 12:05 | Dion Global

    Trend from global equities, macroeconomic data as well as movement of the rupee and crude oil price...more...

  • India services sector activity in Oct see.. 05 Nov 2018 | 12:01 | Dion Global

    The country's services sector in October expanded at the quickest pace since July, driven by signif...more...

  • 8 of top-10 firms gain Rs 1.69 trillion i.. 05 Nov 2018 | 12:00 | Dion Global

    Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore (Rs 1.69 trillion) in ma...more...

  • RBI to set up registry to give authoritie.. 05 Nov 2018 | 11:59 | Dion Global

    The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to...more...

  • ASSOCHAM lauds announcements made by PM o.. 05 Nov 2018 | 08:55 | Dion Global

    ASSOCHAM most heartily welcomes the measures announced by the Prime Minister for MSME sector today....more...

  • ASSOCHAM flags industry concerns on liqui.. 05 Nov 2018 | 08:53 | Dion Global

    In view of the current liquidity crisis faced by Indian economy, ASSOCHAM Secretary General, Uday K...more...

  • Naidu tells Zimbabwe companies to take ad.. 05 Nov 2018 | 01:09 | Dion Global

    Vice President M Venkaiah Naidu has asked the Zimbabwean companies to take advantage of the current...more...

  • Indian, French companies ink pacts entail.. 05 Nov 2018 | 00:49 | Dion Global

    As many as 12 formal agreements worth 200 million euros have been signed between Indian and French ...more...

  • CIC issues show-cause notice to RBI gover.. 05 Nov 2018 | 00:33 | Dion Global

    The Central Information Commission (CIC) has issued a show-cause notice to RBI Governor Urjit Patel...more...

  • RBI kick-starts process to set up PCR for.. 05 Nov 2018 | 00:29 | Dion Global

    The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to...more...

  • Indian consumer sentiment sees marginal r.. 02 Nov 2018 | 16:20 | Dion Global

    Consumer sentiment in India increased marginally in October as consumers remained upbeat about spen...more...

  • 'Govt initiating multiple reforms for dou.. 02 Nov 2018 | 14:41 | Dion Global

    The government is making efforts with an integrated approach and has initiated "multiple reforms" i...more...

  • IMF says monitoring situation in India; b.. 02 Nov 2018 | 12:23 | Dion Global

    The IMF has said it was monitoring the reported rift between the RBI and the Centre in India, and e...more...

  • PM to launch major initiative for MSME se.. 02 Nov 2018 | 09:58 | Dion Global

    The Prime Minister, Narendra Modi, will launch the Union Government’s Support and Outreach In...more...

  • CPI for industrial workers remains static.. 02 Nov 2018 | 09:57 | Dion Global

    The All-India CPI-IW for September, 2018 remained stationary at 301 (three hundred and one). On 1-m...more...

  • Infrastructure key for 9-10% growth: NITI.. 02 Nov 2018 | 00:09 | Dion Global

    NITI Aayog CEO Amitabh Kant stressed the need for creating world class infrastructure to ensure tha...more...

  • India, China to undertake joint research .. 02 Nov 2018 | 00:08 | Dion Global

    India and China Thursday agreed to undertake joint research in the areas of WTO reforms, urbanisati...more...

  • RBI needs to work in consultation with in.. 02 Nov 2018 | 00:04 | Dion Global

    The RBI needs to work in consultation with industry to ensure that there is sufficient liquidity in...more...

  • GST collection crosses Rs 1 lakh cr in Oct 01 Nov 2018 | 14:49 | Dion Global

    GST collections in October crossed the Rs 1 lakh crore mark, after a gap of 5 months, on the back o...more...

  • Cabinet clears renaming Jharsuguda aerodr.. 01 Nov 2018 | 14:48 | Dion Global

    The Cabinet Thursday approved renaming Jharsuguda aerodrome in Odisha as 'Veer Surendra Sai Airport...more...

  • GST revenue collections crosses Rs 1 lakh.. 01 Nov 2018 | 13:29 | Dion Global

    The total gross GST revenue collected in the month of October, 2018 is Rs. 100,710crore of which CG...more...

  • Core sector growth slows down to 4-month .. 01 Nov 2018 | 11:17 | Dion Global

    Growth of eight infrastructure sectors slowed down to 4.3 per cent in September, the lowest in the ...more...

  • India and Italy can work together to cond.. 01 Nov 2018 | 10:19 | Dion Global

    India and Italy can work together to conduct high-quality research that can help improve the lives ...more...

  • Higher Education must prepare students to.. 01 Nov 2018 | 10:18 | Dion Global

    Union Commerce, Industry and Civil Aviation Minister, Suresh Prabhu, today urged the education frat...more...

  • FICCI and US Chamber jointly launch first.. 01 Nov 2018 | 09:16 | Dion Global

    Narendra Sabharwal, Chair, FICCI IPR Committee and Former Deputy Director General, WIPO said on Tue...more...

  • Average monthly sales per Janaushadhi sto.. 01 Nov 2018 | 09:15 | Dion Global

    Calling the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) a Silent revolution, Union Minis...more...

  • Ease-of-doing-business: India jumps 23 sp.. 01 Nov 2018 | 09:15 | Dion Global

    The World Bank released its latest Doing Business Report (DBR, 2019) todayin New Delhi. India has r...more...

  • RBI slaps fine on Dr. Ambedkar Nagrik Sah.. 01 Nov 2018 | 09:13 | Dion Global

    The Reserve Bank of India has imposed a monetary penalty of Rs 50,000 on the Dr. Ambedkar Nagrik Sa...more...

  • India can now hope to be in top 50: FM on.. 01 Nov 2018 | 00:28 | Dion Global

    Enthused by 23 notches jump in the World Bank Ease of Doing Business, Finance Minister Arun Jaitley...more...

  • RBI Board to meet on Nov 19 01 Nov 2018 | 00:27 | Dion Global

    The RBI's Central Board, headed by Governor Urjit Patel, is scheduled to meet in Mumbai on November...more...

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