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Economy News

  • Indian economy in better shape compared t.. 16 Apr 2021 | 18:43 | Dion Global

    The Indian economy is in a better shape as compared to the previous COVID-19 wave witnessed last ye...more...

  • Exports up 60.29% in Mar but decline by 7.. 15 Apr 2021 | 18:20 | Dion Global

    The country's exports jumped by 60.29 per cent to USD 34.45 billion in March even as the outbound s...more...

  • India Inc's outward FDI halves to $1.93 b.. 15 Apr 2021 | 17:59 | Dion Global

    India Inc's outward foreign direct investment in March 2021 nearly halved to USD 1.93 billion (arou...more...

  • WPI inflation spikes to over 8-year high .. 15 Apr 2021 | 15:49 | Dion Global

    The wholesale price-based inflation shot up to over 8-year high of 7.39 per cent in March on rising...more...

  • Indirect tax mop-up exceeds RE, grows 12%.. 13 Apr 2021 | 18:00 | Dion Global

    The net indirect tax collection in 2020-21 grew 12.3 per cent annually to Rs 10.71 lakh crore, ther...more...

  • Indian economy may clock double-digit gro.. 13 Apr 2021 | 14:43 | Dion Global

    The second wave of COVID-19 infections presents a risk to India's growth forecast as the reimpositi...more...

  • Industrial production contracts 3.6% in F.. 13 Apr 2021 | 09:45 | Dion Global

    India's industrial production contracted by 3.6 per cent in February, official data showed on Monda...more...

  • Retail inflation rises to 5.52% in March 13 Apr 2021 | 09:41 | Dion Global

    Retail inflation rose to 5.52 per cent in March, mainly on account of higher food prices, governmen...more...

  • Net direct tax mop up exceeds revised est.. 09 Apr 2021 | 14:08 | Dion Global

    The net direct tax collection for the fiscal ended March 31 stood at Rs 9.45 lakh crore, an increas...more...

  • Cabinet clears Rs 4,500 cr PLI scheme to .. 07 Apr 2021 | 16:19 | Dion Global

    The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme with an outlay o...more...

  • RBI extends interim WMA limit of Rs 51,56.. 07 Apr 2021 | 13:00 | Dion Global

    The Reserve Bank of India (RBI) on Wednesday announced an extension of interim ways and means advan...more...

  • RBI to set up panel to undertake comprehe.. 07 Apr 2021 | 12:59 | Dion Global

    To facilitate smooth functioning of Asset Reconstruction Companies (ARCs), the Reserve Bank on Wedn...more...

  • India's services sector activities ease i.. 07 Apr 2021 | 11:49 | Dion Global

    India's services sector activities eased in March as growth was hit by the detrimental impact of th...more...

  • RBI targets 5.2% retail inflation for fir.. 07 Apr 2021 | 11:44 | Dion Global

    Reserve Bank on Wednesday said it expects retail inflation at 5.2 per cent in the first half of the...more...

  • RBI keeps interests rates unchanged 07 Apr 2021 | 10:58 | Dion Global

    Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accom...more...

  • FPIs invest Rs 2.74 lakh cr in equity mar.. 06 Apr 2021 | 12:26 | Dion Global

    The Finance Ministry on Tuesday said India witnessed strong Foreign Portfolio Investment (FPI) infl...more...

  • India's Foreign Direct Investment Inflows.. 05 Apr 2021 | 18:23 | Dion Global

    The Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation a...more...

  • I-T Deptt launches offline utility for IT.. 05 Apr 2021 | 18:19 | Dion Global

    The Income Tax Department has launched the offline utility for taxpayers filing ITR - 1 and 4 for 2...more...

  • Sebi's framework to curb stock market spo.. 05 Apr 2021 | 14:00 | Dion Global

    The new framework to curb instances of stock market spoofing kicked off on Monday, whereby serial o...more...

  • Manufacturing activities in India eases i.. 05 Apr 2021 | 12:12 | Dion Global

    India"s manufacturing sector activities lost further growth momentum and fell to a seven-month...more...

  • BHIM UPI transactions more than double to.. 01 Apr 2021 | 17:52 | Dion Global

    The number of transactions through BHIM UPI more than doubled to 273 crore in March 2021, according...more...

  • Bank credit to grow 10 pc in FY22 on fast.. 01 Apr 2021 | 16:08 | Dion Global

    Banking system"s credit growth will almost double to 10 per cent in 2021-22 on the economic re...more...

  • Govt to withdraw cut in rate on small sav.. 01 Apr 2021 | 09:33 | Dion Global

    In a relief to savers, Finance Minister Nirmala Sitharaman on Thursday said the government will wit...more...

  • RBI extends timeline to comply with direc.. 31 Mar 2021 | 17:10 | Dion Global

    The Reserve Bank of India on Wednesday extended the timeline by six months to comply with its guide...more...

  • RBI extends timeline to comply with direc.. 31 Mar 2021 | 17:10 | Dion Global

    The Reserve Bank of India on Wednesday extended the timeline by six months to comply with its guide...more...

  • Retail inflation for industrial workers r.. 31 Mar 2021 | 17:09 | Dion Global

    Retail inflation for industrial workers rose to 4.48 per cent in February, due to higher prices of ...more...

  • Retail inflation for industrial workers r.. 31 Mar 2021 | 17:09 | Dion Global

    Retail inflation for industrial workers rose to 4.48 per cent in February, due to higher prices of ...more...

  • Digital payments will grow to 71.7% of al.. 31 Mar 2021 | 15:41 | Dion Global

    Digital payments will grow at a rapid pace over the next few years and account for a 71.7 per cent ...more...

  • Printing of QR code on B2C invoices defer.. 31 Mar 2021 | 15:40 | Dion Global

    The government has deferred by three months till July 1 the requirement of printing dynamic QR code...more...

  • Centre Releases Rs 30,000 crore To States.. 31 Mar 2021 | 09:49 | Dion Global

    The Central Government has released GST Compensation of Rs. 30,000 crore to States as part compensa...more...

  • Investor wealth jumps over Rs 6 lakh cr i.. 30 Mar 2021 | 18:47 | Dion Global

    Investor wealth surged Rs 6,02,001.9 crore in two days of market rally which was supported by posit...more...

  • India's inflation "uncomfortably high": M.. 30 Mar 2021 | 16:59 | Dion Global

    India's inflation is at "uncomfortably high" level, which is an exception among Asian economies, Mo...more...

  • Sebi eases norms to encourage listing of .. 25 Mar 2021 | 17:59 | Dion Global

    To encourage listing of start-ups, markets watchdog Sebi on Thursday approved a slew of relaxations...more...

  • ESIC scheme adds 11.55 lakh new members i.. 25 Mar 2021 | 17:58 | Dion Global

    Around 11.55 lakh new members joined the ESIC-run social security scheme in January 2021 as against...more...

  • FM launches CSC and IEPFA’s mobile .. 25 Mar 2021 | 16:30 | Dion Global

    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today virtually launche...more...

  • Banks' NPAs declined to Rs 5.70 lakh cr a.. 23 Mar 2021 | 18:08 | Dion Global

    Non-performing assets of banks declined to Rs 5.70 lakh crore in December 2020 and the recovered am...more...

  • FinMin asks Sebi to address issues that l.. 22 Mar 2021 | 17:28 | Dion Global

    The finance ministry has asked markets regulator Sebi to take necessary measures to address issues ...more...

  • Household debt soars to 37.1% of GDP, sav.. 22 Mar 2021 | 13:59 | Dion Global

    The year-long pandemic left households more indebted, which has sharply jumped to 37.1 per cent of ...more...

  • RBI Announces Rate Of Interest On Governm.. 22 Mar 2021 | 10:37 | Dion Global

    The rate of interest on Government of India Floating Rate Bond, 2033 (GOI FRB 2033) applicable for ...more...

  • Gram Ujala scheme to offer LED bulbs for .. 19 Mar 2021 | 17:46 | Dion Global

    State-run EESL arm Convergence Energy Services Ltd (CESL) on Friday launched the Gram Ujala program...more...

  • Retail inflation for farm, rural workers .. 19 Mar 2021 | 17:10 | Dion Global

    Retail inflation for farm workers and rural labourers rose to 2.67 per cent and 2.76 per cent in Fe...more...

  • India's economy may grow at 12% in 2021: .. 19 Mar 2021 | 14:11 | Dion Global

    India"s economy is likely to grow by 12 per cent in 2021 following a 7.1 per cent contraction ...more...

  • US India Artificial Intelligence (USIAI) .. 19 Mar 2021 | 10:03 | Dion Global

    Secretary, Department of Science & Technology, Prof Ashutosh Sharma, emphasised the necessity to sc...more...

  • Over 33.42 lakh public grievances receive.. 18 Mar 2021 | 16:43 | Dion Global

    As many as 33.42 lakh public grievances were received by the government in 2020, of which 23.19 lak...more...

  • Two lakh jobs added in IT sector since 20.. 18 Mar 2021 | 16:41 | Dion Global

    The IT sector has contributed 8 per cent to the country's GDP and two lakh new jobs have been added...more...

  • 16.5 lakh benefited under Aatmanirbhar Bh.. 17 Mar 2021 | 15:47 | Dion Global

    Around 16.5 lakh people have benefited from the Aatmanirbhar Bharat Rozgar Yojana (ABRY) which was ...more...

  • India's Software Services Exports Surge 9.. 17 Mar 2021 | 14:05 | Dion Global

    Reserve Bank of India (RBI) has released the data related to the 2019-20 round of its annual survey...more...

  • Subscribers under NPS, APY schemes rise 2.. 17 Mar 2021 | 12:39 | Dion Global

    The subscribers under the flagship NPS and APY pension schemes grew by nearly 22 per cent to 4.15 c...more...

  • Agri Min says 3,815 posts vacant in ICAR 16 Mar 2021 | 18:29 | Dion Global

    Agriculture Minister Narendra Singh Tomar on Tuesday said 3,815 posts in scientific and technical g...more...

  • Cabinet approves Bill to set up DFI 16 Mar 2021 | 16:24 | Dion Global

    The Union Cabinet on Tuesday approved a bill to set up a Development Finance Institution (DFI) to g...more...

  • Inflation remains low in last 7 years: Go.. 16 Mar 2021 | 16:23 | Dion Global

    The government on Tuesday informed Parliament that inflation has remained low in the last seven yea...more...

  • Funds under MPLADS for 2019-20 cleared: F.. 16 Mar 2021 | 13:54 | Dion Global

    Finance Minister Nirmala Sitharaman on Tuesday said in the Rajya Sabha that fund under the Members ...more...

  • Nationwide bank strike continues to impac.. 16 Mar 2021 | 11:10 | Dion Global

    Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in t...more...

  • WPI inflation rises to 27-month high of 4.. 15 Mar 2021 | 17:22 | Dion Global

    The wholesale price-based inflation rose for the second consecutive month to a 27-month high of 4.1...more...

  • Retail inflation spikes to three-month hi.. 15 Mar 2021 | 12:21 | Dion Global

    Retail inflation spikes to three-month high of 5.03% in Feb on higher food prices Retail inflation...more...

  • GST fraud of Rs 20,124 cr detected during.. 09 Mar 2021 | 18:07 | Dion Global

    The government has detected GST fraud of Rs 20,124 crore between November 9, 2020, and January 31, ...more...

  • OECD Expects Double Digit Expansion In In.. 09 Mar 2021 | 17:54 | Dion Global

    The Organisation for Economic Co-operation and Development (OECD) on Tuesday forecast India's GDP t...more...

  • More than 50% account holders under PMJDY.. 08 Mar 2021 | 16:31 | Dion Global

    The finance ministry on Monday said about 55 per cent of the total account holders under the Pradha...more...

  • Cos garner Rs 9,100 cr through public iss.. 04 Mar 2021 | 17:08 | Dion Global

    As many as eight firms raised over Rs 9,100 crore through retail issuance of non-convertible debent...more...

  • FDI rises 40% to USD 51.47 bn in Apr-Dec .. 04 Mar 2021 | 17:02 | Dion Global

    Foreign direct investment (FDI) in India grew 40 per cent to USD 51.47 billion during April-Decembe...more...

  • EPFO retains 8.5% interest on EPF deposit.. 04 Mar 2021 | 14:44 | Dion Global

    Retirement fund body EPFO on Thursday decided to retain 8.5 per cent annual rate of interest on pro...more...

  • India, Norway to work together in marine .. 03 Mar 2021 | 15:51 | Dion Global

    India and Norway will work jointly in the area of marine spatial planning for the next five years, ...more...

  • Govt brings insurance brokers within ombu.. 03 Mar 2021 | 14:11 | Dion Global

    The government has amended insurance ombudsman rules, bringing insurance brokers within their ambit...more...

  • India's services sector expands at fastes.. 03 Mar 2021 | 11:41 | Dion Global

    India's services activity expanded at the fastest rate in a year during February, while employment ...more...

  • GST collections rise 7% to Rs 1.13 lakh c.. 02 Mar 2021 | 09:28 | Dion Global

    GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7...more...

  • Manufacturing PMI eases in Feb; firms upb.. 01 Mar 2021 | 16:39 | Dion Global

    India's manufacturing sector activities eased slightly in February but firms were upbeat as they re...more...

  • Indian economy grows by 0.4 in Oct-Dec 26 Feb 2021 | 18:03 | Dion Global

    After contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October...more...

  • ESIC scheme adds 12.06 lakh new members i.. 25 Feb 2021 | 17:05 | Dion Global

    Around 12.06 lakh new members joined the ESIC-run social security scheme in December 2020 against 9...more...

  • India signs $304 mn AIIB loan agreement f.. 24 Feb 2021 | 10:07 | Dion Global

    The Government of India and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agr...more...

  • India's GDP may turn positive at 1.3 pc i.. 23 Feb 2021 | 16:57 | Dion Global

    India"s GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnesse...more...

  • India, Mauritius ink free trade pact 23 Feb 2021 | 16:54 | Dion Global

    India and Mauritius have signed a free trade agreement, under which over 300 domestic goods from ag...more...

  • CCI approves various acquisition proposal.. 23 Feb 2021 | 12:31 | Dion Global

    The Competition Commission of India (CCI) approves acquisition by PGP Glass Private Limited (Acquir...more...

  • CCI okays acquisition of API Holdings Pri.. 23 Feb 2021 | 12:29 | Dion Global

    The Competition Commission of India (CCI) approves acquisition by CDPQ Private Equity Asia Pte. Ltd...more...

  • Govt of India and World Bank Sign Project.. 23 Feb 2021 | 12:26 | Dion Global

    The Government of India, Government of Nagaland and the World Bank today signed a $68 million proje...more...

  • 56,368 New Houses approved under PMAY(U) 23 Feb 2021 | 12:25 | Dion Global

    Construction of 56,368 houses have been approved under PMAY-U at 53rd Central Sanctioning and Monit...more...

  • India committed to enhancing capabilities.. 22 Feb 2021 | 12:50 | Dion Global

    India had an age-old experience in making arms and military equipment but after Independence this c...more...

  • RBI Comes Up With Guidelines To Set Up Ro.. 19 Feb 2021 | 16:06 | Dion Global

    The Reserve Bank of India (RBI) has published detailed guidelines to strengthen India's digital pay...more...

  • Oxford Economics ups India growth forecas.. 17 Feb 2021 | 18:08 | Dion Global

    Global forecasting firm Oxford Economics on Wednesday revised India's economic growth projection fo...more...

  • Govt invites suggestions on blue economy .. 17 Feb 2021 | 14:31 | Dion Global

    The Ministry of Earth Sciences (MoES) has rolled out the draft blue economy policy in the public do...more...

  • Govt launches E-Chhawani portal and mobil.. 16 Feb 2021 | 16:12 | Dion Global

    Raksha Mantri Rajnath Singh on Tuesday launched E-Chhawani portal and mobile app in New Delhi, to p...more...

  • Amazon India to commence Electronic Devic.. 16 Feb 2021 | 16:07 | Dion Global

    Shri Ravi Shankar Prasad, the Union Minister for Electronics & Information Technology, Communicatio...more...

  • RBI Sets Up Expert Committee on Primary (.. 15 Feb 2021 | 15:46 | Dion Global

    As part of the Statement on Developmental and Regulatory Policies released along with the Monetary ...more...

  • WPI inflation jumps up to 2.03% in January 15 Feb 2021 | 13:55 | Dion Global

    The wholesale price-based inflation rose to 2.03 per cent in January, 2021, even as food prices coo...more...

  • Industrial production grows by 1% in Dece.. 15 Feb 2021 | 10:12 | Dion Global

    India's industrial production grew by 1 per cent in December, official data showed on Friday Accor...more...

  • Highest ever spending under MNREGA during.. 12 Feb 2021 | 16:46 | Dion Global

    Finance Minister Nirmala Sitharman on Friday said Prime Minister Narendra Modi-led NDA government h...more...

  • Govt collects Rs 1,492 cr equalisation le.. 12 Feb 2021 | 15:31 | Dion Global

    The government collected Rs 1,492 crore worth equalisation levy between April 1, 2020 and January 3...more...

  • Gadkari to launch India"s first CNG .. 11 Feb 2021 | 18:08 | Dion Global

    Union Minister Nitin Gadkari will on Friday launch India's first CNG tractor that could save about ...more...

  • No proposal to change FDI rules for e-com.. 10 Feb 2021 | 18:11 | Dion Global

    There is no proposal to bring in changes in FDI (foreign direct investment) norms for the e-commerc...more...

  • Cabinet nod for Rs 100 cr grant-in-aid to.. 10 Feb 2021 | 17:49 | Dion Global

    The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal to give Rs 100 cr...more...

  • Govt to soon bring bill on crypto currenc.. 09 Feb 2021 | 16:35 | Dion Global

    The government will soon bring a bill on crypto currencies as existing laws are inadequate to deal ...more...

  • Union Budget 2021 places AYUSH sector on .. 08 Feb 2021 | 11:54 | Dion Global

    The Union Budget 2021-22 has brought out numerous enablers and catalysts which the AYUSH Sector can...more...

  • Govt allocates Rs 16000 cr for Pradhan Ma.. 08 Feb 2021 | 11:52 | Dion Global

    To boost the safety of farmers' crops and ensure maximum benefit of crop insurance reaches to farme...more...

  • RBI keeps policy rate unchanged fourth ti.. 05 Feb 2021 | 10:58 | Dion Global

    Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per c...more...

  • RBI projects GDP growth rate of 10.5% for.. 05 Feb 2021 | 10:56 | Dion Global

    In line with the Union Budget, the Reserve Bank of India on Friday projected a GDP growth rate of 1...more...

  • RBI's MPC starts deliberations on monetar.. 03 Feb 2021 | 16:28 | Dion Global

    The Reserve Bank"s rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday...more...

  • Govt formally seals Rs 48,000 cr deal to .. 03 Feb 2021 | 11:05 | Dion Global

    The government on Wednesday formally sealed the Rs 48,000 crore deal to procure 83 Tejas light comb...more...

  • Exports rise 5.37% in January 02 Feb 2021 | 11:12 | Dion Global

    The country's exports grew 5.37 per cent year-on-year to USD 27.24 billion in January 2021, mainly ...more...

  • Budget 2021: Govt lowers loan limit for d.. 01 Feb 2021 | 15:18 | Dion Global

    Finance Minister Nirmala Sitharaman on Monday brought down the value of loans that can be introduce...more...

  • Budget 2021: Govt imposes cess on petrol,.. 01 Feb 2021 | 15:15 | Dion Global

    In a bid to boost agriculture infrastructure, the government on Monday announced a cess on certain ...more...

  • Budget 2021: Govt pegs fiscal deficit at .. 01 Feb 2021 | 13:45 | Dion Global

    Finance Minister Nirmala Sitharaman on Monday said the government estimates fiscal deficit of 6.8 p...more...

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