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Economy News

  • RBI starts making public minutes of its b.. 21 Jan 2020 | 18:10 | Dion Global

    The RBI has started making public minutes of its board meetings as part of its exercise to enhance ...more...

  • Indian firms take part in French investme.. 21 Jan 2020 | 14:45 | Dion Global

    An international business summit to promote France as an economic hub among foreign investors, incl...more...

  • Comm Min to showcase Startup India tablea.. 21 Jan 2020 | 14:22 | Dion Global

    The commerce and industry ministry on Tuesday said it will showcase a tableau on Startup India, whi...more...

  • IMF trims global growth forecast for 2019.. 21 Jan 2020 | 11:00 | Dion Global

    The International Monetary Fund (IMF) on Monday lowered growth estimate for the world economy to 2....more...

  • India among top 10 FDI recipients, attrac.. 21 Jan 2020 | 10:54 | Dion Global

    India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting USD 49 billi...more...

  • More stringent governance norms needed to.. 20 Jan 2020 | 15:56 | Dion Global

    Surging inflation and slowing growth are raising serious concerns about the future growth prospects...more...

  • FPIs remain net buyers in January despite.. 20 Jan 2020 | 10:08 | Dion Global

    Foreign portfolio investors (FPI) remained net buyers in the Indian capital markets in January so f...more...

  • India may miss tax collection target for .. 20 Jan 2020 | 10:01 | Dion Global

    The government's tax collection is likely to fall short of its estimate by Rs 2.5 lakh crore or 1.2...more...

  • RBI should act as lender of last resort, .. 17 Jan 2020 | 17:07 | Dion Global

    With difficulties in NBFC sector continuing, economists at SBI on Friday pitched for the Reserve Ba...more...

  • Banks loan growth at 7.5 pc in fortnight .. 17 Jan 2020 | 10:27 | Dion Global

    Banks credit grew by 7.57 per cent to Rs 100.44 lakh crore while deposits rose by 9.77 per cent to ...more...

  • Markets eye improved transparency in Budg.. 16 Jan 2020 | 11:31 | Dion Global

    Indian financial market will look for improved transparency in the Union Budget announcements next ...more...

  • RBI asks issuers to provide facility to s.. 16 Jan 2020 | 10:29 | Dion Global

    The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers ...more...

  • Newly appointed Dy Guv Patra to look afte.. 16 Jan 2020 | 10:09 | Dion Global

    Newly appointed RBI Deputy Governor Michael Debabrata Patra will look after the key monetary policy...more...

  • Assocham for cut in GST rates by 25% acro.. 16 Jan 2020 | 09:16 | Dion Global

    Industry chamber Assocham on Wednesday urged the government to reduce GST rate by 25 per cent acros...more...

  • Punjab cabinet gives nod to Right to Busi.. 15 Jan 2020 | 09:59 | Dion Global

    The Punjab cabinet on Tuesday gave its nod to the Punjab Right to Business Act 2020, aimed at facil...more...

  • Retail inflation may force RBI to hold ra.. 14 Jan 2020 | 17:22 | Dion Global

    Retail inflation, which accelerated to 7.35 per cent in December and could breach 8 per cent in Jan...more...

  • WPI inflation surges to 2.59% in Dec 14 Jan 2020 | 13:42 | Dion Global

    Wholesale prices based inflation surged to 2.59 per cent in December, as against 0.58 per cent in N...more...

  • Govt identifies 16 islands in Andamans, 1.. 14 Jan 2020 | 10:10 | Dion Global

    The Centre has identified 16 islands in Andaman and Nicobar Islands and 10 in Lakshadweep for holis...more...

  • RBI remains net buyer of dollars in Nov, .. 14 Jan 2020 | 09:27 | Dion Global

    The Reserve Bank of India remained a net purchaser of the US dollar in November as it bought USD 6....more...

  • Retail inflation jumps to 7.35% in Dec, c.. 14 Jan 2020 | 09:17 | Dion Global

    Retail inflation jumped sharply to 7.35 per cent in December 2019, surpassing the RBI's comfort lev...more...

  • Sebi gives more time to implement CMD pos.. 13 Jan 2020 | 17:06 | Dion Global

    Markets regulator Sebi has deferred by two years till April 2022 its directive for companies to sep...more...

  • RBI releases national strategy for financ.. 13 Jan 2020 | 11:54 | Dion Global

    The momentum generated by the government's Pradhan Mantri's Jan Dhan Yojana (PMJDY) needs to be tak...more...

  • FPIs pull out Rs 2415 crore from domestic.. 13 Jan 2020 | 10:20 | Dion Global

    Adopting a cautious approach amid the US-Iran tensions, foreign portfolio investors (FPI) have pull...more...

  • Seven of top-10 firms add Rs 32,020 cr in.. 13 Jan 2020 | 09:35 | Dion Global

    The combined market valuation of seven of the top-10 domestic firms rose by Rs 32,020.12 crore last...more...

  • TERI, others join hands to promote better.. 10 Jan 2020 | 18:00 | Dion Global

    In a bid to promote better food and land use practices in the country, various environmental organi...more...

  • Commerce Ministry looking at ways to reva.. 10 Jan 2020 | 15:42 | Dion Global

    The Commerce and Industry Ministry has examined revamping of the Special Economic Zone (SEZ) policy...more...

  • Do away with GST on services by microfina.. 10 Jan 2020 | 10:27 | Dion Global

    Microfinance industry body Sa-Dhan in its wish-list for Budget 2020-21 has urged the government to ...more...

  • PM Modi says fundamentals of Indian econo.. 10 Jan 2020 | 10:22 | Dion Global

    Unfazed by projections of GDP growth slowing to an 11-year low in the current fiscal, Prime Ministe...more...

  • PM meets economists, experts at Niti Aayog 09 Jan 2020 | 15:43 | Dion Global

    Prime Minister Narendra Modi is meeting economists and experts at the Niti Aayog to discuss the sta...more...

  • Infuse capital in economy without worryin.. 09 Jan 2020 | 10:07 | Dion Global

    The government should infuse capital in the economy without worrying about the fiscal deficit targe...more...

  • Cabinet apprised of amendments in Motor V.. 09 Jan 2020 | 09:48 | Dion Global

    The Cabinet has been apprised of the amendments to the motor vehicles law that will ensure concurre...more...

  • Cabinet approves conferring INI status to.. 09 Jan 2020 | 09:33 | Dion Global

    The Union Cabinet on Wednesday gave its approval to confer the status of Institution of National Im...more...

  • Cabinet approves conferring INI status to.. 08 Jan 2020 | 16:47 | Dion Global

    The Union Cabinet on Wednesday gave its approval to confer the status of Institution of National Im...more...

  • Cabinet gives ex-post-facto nod to MoC be.. 08 Jan 2020 | 16:45 | Dion Global

    The Union Cabinet on Wednesday gave ex-post-facto approval to the memorandum of cooperation (MoC) b...more...

  • Cabinet nod to agreements on mobility, sp.. 08 Jan 2020 | 16:40 | Dion Global

    The Union Cabinet on Wednesday approved the ratification of a migration and mobility partnership ag...more...

  • Cabinet gives in-principle nod for strate.. 08 Jan 2020 | 15:54 | Dion Global

    The government on Wednesday in-principle approved strategic sale of Neelachal Ispat Nigam Ltd (NINL...more...

  • GDP seen dropping to 5 pc in 2019-20: Gov.. 08 Jan 2020 | 09:45 | Dion Global

    The Indian economy is estimated to grow at 5 per cent in 2019-20 as against 6.8 per cent in the pre...more...

  • Govt tells PSUs to dissuade employees fro.. 07 Jan 2020 | 16:12 | Dion Global

    The government has asked public sector undertakings to dissuade their employees from participating ...more...

  • Sakthivel takes over as AEPC India Chairm.. 07 Jan 2020 | 15:05 | Dion Global

    Apparel Export Promotion Council of India (AEPC) on Tuesday said it has appointed A Sakthivel as th...more...

  • Banking services may be hit due to trade .. 07 Jan 2020 | 15:05 | Dion Global

    Banking services at public sector banks are likely to be hit on Wednesday due to a nationwide strik...more...

  • Gadkari says he wants to create Rs 50,000.. 07 Jan 2020 | 12:40 | Dion Global

    Asserting that he wants to create a Rs 50,000-crore ethanol economy, Union Minister for Road Transp...more...

  • RBI buys Rs 10k cr of long-term securitie.. 07 Jan 2020 | 11:31 | Dion Global

    In the third special open market operation in as many weeks, the Reserve Bank of India (RBI) on Mon...more...

  • India keen on enhancing cooperation with .. 07 Jan 2020 | 11:30 | Dion Global

    Prime Minister Narendra Modi on Monday expressed India's desire to strengthen cooperation with Sing...more...

  • Use of AI in different forms can help ach.. 06 Jan 2020 | 15:56 | Dion Global

    Use of artificial intelligence (AI) in different forms can help achieve the target of making India ...more...

  • Investors wealth tumbles over Rs 3 lakh c.. 06 Jan 2020 | 13:08 | Dion Global

    Investors wealth tumbled by a whopping Rs 3.11 lakh crore in two successive sessions of decline in ...more...

  • India's service sector activity growth hi.. 06 Jan 2020 | 11:52 | Dion Global

    India's services sector activity gained momentum and touched a five-month high in December, support...more...

  • World Bank's ease of doing biz: DPIIT foc.. 06 Jan 2020 | 09:24 | Dion Global

    The Commerce and Industry Ministry has prepared a blueprint to further improve India's ranking in t...more...

  • India extends USD 75 mn line of credit fo.. 03 Jan 2020 | 16:10 | Dion Global

    India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba for financing sol...more...

  • India's manufacturing sector activity ris.. 02 Jan 2020 | 12:20 | Dion Global

    The country's manufacturing sector activity improved in December driven by new orders that rose at ...more...

  • FDI rises 15% during Apr-Sep to $26 bn; s.. 02 Jan 2020 | 11:34 | Dion Global

    Foreign direct investment into India grew 15 per cent to $26 billion during the first half of the c...more...

  • Govt cuts import duty on crude, refined p.. 02 Jan 2020 | 10:47 | Dion Global

    The government on Wednesday slashed import duty on refined palmolein from 50 per cent to 45 per cen...more...

  • GST collection at Rs 1.03 lakh cr in Dec 02 Jan 2020 | 10:46 | Dion Global

    For a second time in a row, the GST revenue collection remained above the Rs 1 lakh crore mark with...more...

  • RBI launches app for visually challenged .. 02 Jan 2020 | 09:16 | Dion Global

    With an eye to aid the differently-abled, the Reserve Bank of India (RBI) on Wednesday launched a m...more...

  • India-Mauritius FTA nears finalisation 01 Jan 2020 | 17:08 | Dion Global

    The proposed free trade agreement between India and Mauritius is nearing finalisation as both the s...more...

  • GST revenue mop-up rises to Rs 1.03 lakh .. 01 Jan 2020 | 16:25 | Dion Global

    GST revenue collection remained above the Rs 1 lakh crore mark for the second month in a row with D...more...

  • Private cos to generate 7 lakh jobs in 20.. 01 Jan 2020 | 15:12 | Dion Global

    With bullish hiring sentiments, private sector players are likely to create seven lakh jobs and the...more...

  • Govt extends last date for Sabka Vishwas .. 01 Jan 2020 | 13:40 | Dion Global

    The Finance Ministry on Tuesday extended the 'Sabka Vishwas Scheme', a dispute resolution-cum-amnes...more...

  • Fiscal deficit hits 115% of Budget Estima.. 01 Jan 2020 | 13:39 | Dion Global

    The country's fiscal deficit hit 114.8 per cent of 2019-20 Budget Estimate at Rs 8.07 lakh crore at...more...

  • Nearly 50 % startups dealt in innovative .. 01 Jan 2020 | 13:23 | Dion Global

    About half of the startups dealt in innovative products and over 20 per cent had filed patents for ...more...

  • CAD narrows to 0.9pc of GDP in July-Sept .. 01 Jan 2020 | 11:22 | Dion Global

    The current account deficit (CAD) narrowed to 0.9 per cent of GDP or USD 6.3 billion in the July-Se...more...

  • Core sector output shrinks by 1.5% in Nov 01 Jan 2020 | 11:19 | Dion Global

    Contracting for the fourth consecutive month, the output of eight core infrastructure industries sh...more...

  • EPFO to focus on subscribers' convenience.. 01 Jan 2020 | 09:16 | Dion Global

    Retirement fund body EPFO is set to focus on improving ease of living for workers (subscribers) and...more...

  • R'than govt notifies GST Ordinance 31 Dec 2019 | 09:33 | Dion Global

    The Rajasthan government on Monday notified Goods and Service Tax (Amendment) Ordinance 2019. Th...more...

  • Commerce min to review free trade agreeme.. 31 Dec 2019 | 09:21 | Dion Global

    Commerce and Industry Minister Piyush Goyal on Monday said his ministry will review all existing fr...more...

  • PAN-Aadhaar linking deadline extended to .. 31 Dec 2019 | 09:19 | Dion Global

    The last date for linking the Permanent Account Number (PAN) with Aadhaar has been extended till Ma...more...

  • India-Nepal ties continue to grow with hi.. 30 Dec 2019 | 13:16 | Dion Global

    India's relations with Nepal continued to grow in 2019 with high-level bilateral visits and increas...more...

  • India's buildings sector to expand by 6.6.. 30 Dec 2019 | 13:14 | Dion Global

    Fitch Solutions on Monday said it expects the country's residential and non-residential buildings s...more...

  • Top 50 corporates reduce debt by about Rs.. 30 Dec 2019 | 09:19 | Dion Global

    Top 50 corporates in the country have reduced debt by Rs 59,600 crore in the first half of this fis...more...

  • India's economy is expected to rebound in.. 30 Dec 2019 | 09:17 | Dion Global

    India's economy is expected to rebound in 2020 on the back of measures taken by the government and ...more...

  • Centre approves construction of 6.5 lakh .. 27 Dec 2019 | 16:48 | Dion Global

    The Centre on Friday approved construction of 6.5 lakh houses under Pradhan Mantri Awas Yojana (Urb...more...

  • FM Sitharman releases postage stamp to co.. 27 Dec 2019 | 10:12 | Dion Global

    Finance Minister Nirmala Sitharaman on Thursday released a postage stamp to commemorate distinguish...more...

  • Aadhaar made mandatory for PMVVY pension .. 26 Dec 2019 | 16:58 | Dion Global

    The government has made Aadhaar mandatory for subscribers of the Pradhan Mantri Vaya Vandana Yojana...more...

  • Govt invites nominations for 2020 nationa.. 26 Dec 2019 | 16:22 | Dion Global

    The government has sought nominations for the national Corporate Social Responsibility (CSR) awards...more...

  • PM launches Atal Jal Yojana aimed at impr.. 26 Dec 2019 | 10:27 | Dion Global

    Prime Minister Narendra Modi on Wednesday urged farmers to opt for less water intensive crops and i...more...

  • Cabinet approves Indo-Bangla MoU on co-op.. 26 Dec 2019 | 09:14 | Dion Global

    The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a Memorandum of Understan...more...

  • Centre approves Rs 6K cr Atal Bhujal Yoja.. 26 Dec 2019 | 09:08 | Dion Global

    The Cabinet on Tuesday approved the Atal Bhujal Yojana, a Rs 6,000 crore scheme that will be implem...more...

  • Centre envisions USD 2 trn contribution f.. 24 Dec 2019 | 17:49 | Dion Global

    The government on Tuesday said it envisions micro, small and medium enterprises (MSMEs) to contribu...more...

  • Cabinet clears ordinance to further amend.. 24 Dec 2019 | 17:35 | Dion Global

    The Union Cabinet on Tuesday approved an ordinance to further amend the Insolvency and Bankruptcy C...more...

  • Revised MSME definition to be beneficial .. 24 Dec 2019 | 10:49 | Dion Global

    Industry chamber PHDCCI on Monday said the definition of micro, small and medium enterprises (MSMEs...more...

  • 'New registrations by taxpayers being ver.. 24 Dec 2019 | 09:20 | Dion Global

    The GST Council is verifying the 66.79 lakh new registrations by taxpayers, which could be fake or ...more...

  • Industry captains discuss road map for US.. 23 Dec 2019 | 11:19 | Dion Global

    From policy stability to emphasis on exports of local goods, key industry players on Saturday discu...more...

  • Fitch lowers India GDP growth to 4.6% in .. 20 Dec 2019 | 15:40 | Dion Global

    Fitch Ratings on Friday cut India's GDP growth forecast for 2019-20 fiscal year to 4.6 per cent on ...more...

  • Goyal asks industry to flag countries pla.. 20 Dec 2019 | 15:36 | Dion Global

    Union minister Piyush Goyal on Friday asked the industry to flag the countries that are placing non...more...

  • RBI's auction of govt bonds will be liqui.. 20 Dec 2019 | 14:17 | Dion Global

    The RBI's announcement regarding sale and purchase of government securities will be liquidity neutr...more...

  • India signs $490 million loan agreement w.. 20 Dec 2019 | 13:48 | Dion Global

    The Asian Development Bank (ADB) and the Government of India today signed a $490 million loan for p...more...

  • Five firms contribute Rs 85 Cr under Conn.. 20 Dec 2019 | 09:21 | Dion Global

    Five pharma companies came forward on Thursday to contribute Rs 85 crore for development of infrast...more...

  • DPIIT Secy optimistic of India breaking i.. 19 Dec 2019 | 17:20 | Dion Global

    DPIIT Secretary Guruprasad Mohapatra on Thursday expressed optimism that India will soon break into...more...

  • PM Modi meets Portuguese PM, discusses br.. 19 Dec 2019 | 14:33 | Dion Global

    Prime Minister Narendra Modi on Thursday met his Portuguese counterpart Antonio Costa and discussed...more...

  • Voting at GST Council to decide on tax on.. 19 Dec 2019 | 10:11 | Dion Global

    In an unprecedented move, GST Council - the highest decision making body of the new indirect tax re...more...

  • Govt approves Rs 436 cr outlay for skilli.. 18 Dec 2019 | 17:19 | Dion Global

    The government on Wednesday announced Rs 436 crore outlay for skilling 4 lakh professionals in futu...more...

  • Govt sets Rs 1.1 lakh cr monthly GST coll.. 18 Dec 2019 | 09:12 | Dion Global

    Amid concerns that the government may fall short of tax collection target in a slowing economy, the...more...

  • Mission to create 5 cr jobs; govt taking .. 17 Dec 2019 | 17:06 | Dion Global

    Efforts are on to bolster the economy and create five crore jobs, Union Minister Nitin Gadkari said...more...

  • FinMin sets Rs 1.1 lakh cr monthly GST co.. 17 Dec 2019 | 15:27 | Dion Global

    Amid talks of the government likely to miss tax collection target this fiscal, the Finance Ministry...more...

  • Govt decides to go slow on FTAs to avoid .. 17 Dec 2019 | 15:23 | Dion Global

    India will not sign any free trade agreement in a hurry or to the disadvantage of industry and expo...more...

  • Under fire, govt releases Rs 35,298 cr GS.. 17 Dec 2019 | 11:17 | Dion Global

    Facing heat over delay in payment of GST compensation, the central government on Monday released Rs...more...

  • Wholesale inflation rises to 0.58% in Nov.. 17 Dec 2019 | 10:10 | Dion Global

    Wholesale inflation rose to 0.58 per cent in November mainly on account of rising prices of food ar...more...

  • No extension beyond Dec 31 for Sabka Vish.. 16 Dec 2019 | 17:32 | Dion Global

    The finance ministry is unlikely to extend the last date for 'Sabka Vishwas Scheme', a dispute reso...more...

  • Govt focusing on improving data credibili.. 16 Dec 2019 | 16:33 | Dion Global

    Union Finance Minister Nirmala Sitharaman on Monday said the government is focusing on improving da...more...

  • India's weak household consumption to cur.. 16 Dec 2019 | 13:40 | Dion Global

    Moody's Investors Service on Monday said that India's weak household consumption will curb economic...more...

  • Equity markets to sustain momentum after .. 16 Dec 2019 | 09:23 | Dion Global

    Equity markets are expected to sustain their positive momentum this week after the US and China rea...more...

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Hang Seng28099.560.41%
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BSE CARBONEX1978.77-0.48%
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Commodity

Gold39851-0.24%
Silver46425-0.41%
Copper454.411.43%
Crude Oil41590.00%
Lead153.314.06%
Mentha Oil1376.3-1.11%
Nickel103635.09%

Currency

USD/INR 71.17(0.15 %)
GBP/INR 92.82(0.52 %)
EUR/INR 78.87(0.00 %)
JPY/INR 0.65(0.34 %)
CAD/INR 54.37(-0.01 %)
HKD/INR 9.16(0.17 %)

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