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Economy News

  • Govt may opt to control retail fuel price.. 24 Sep 2018 | 15:18 | Dion Global

    With petrol and diesel prices scaling record highs, S&P Global Ratings Monday said the government m...more...

  • India may cut oil imports to mitigate pai.. 24 Sep 2018 | 15:13 | Dion Global

    India, the world's third-biggest oil importer, is considering cutting oil purchases to soften the b...more...

  • EU-India fully committed on free trade pa.. 24 Sep 2018 | 11:00 | Dion Global

    According to an EU official, the European Union and India are fully committed to moving forward on ...more...

  • Govt steps to boost capital inflow unlike.. 24 Sep 2018 | 10:11 | Dion Global

    The five-pronged strategy announced by the government to increase capital inflow into the country i...more...

  • Govt to take all measures to ensure liqui.. 24 Sep 2018 | 10:02 | Dion Global

    Seeking to calm the nerves of worried investors, Finance Minister Arun Jaitley said Monday that the...more...

  • RBI will go for another rate hike in curr.. 24 Sep 2018 | 10:02 | Dion Global

    A CII survey has said that over 40 per cent of Indian firms expect the Reserve Bank of India (RBI) ...more...

  • Govt planning time-bound settlement of co.. 24 Sep 2018 | 10:00 | Dion Global

    The government has said that it is mulling an ordinance which provides for time-bound settlement of...more...

  • There is no liquidity concern of NBFCs: S.. 24 Sep 2018 | 08:56 | Dion Global

    SBI Chairman Rajnish Kumar has said that there was no concern on liquidity of such firms, amid ongo...more...

  • Need to look at business solutions to cat.. 24 Sep 2018 | 08:43 | Dion Global

    Tomasz Kozlowski, Ambassador of the European Union has said that there is need for new approaches t...more...

  • PM launches Ayushman Bharat to provide he.. 24 Sep 2018 | 08:43 | Dion Global

    The Prime Minister, Narendra Modi, on Sunday launched the health assurance scheme: Ayushman Bharat ...more...

  • Seven of top-10 cos lose m-cap worth Rs 8.. 24 Sep 2018 | 07:54 | Dion Global

    Seven of the 10 most valued Indian companies suffered a cumulative erosion of Rs 897.7967 billion i...more...

  • RBI, Sebi monitoring financial markets' d.. 24 Sep 2018 | 07:51 | Dion Global

    In a rare move, the RBI and Sebi on Sunday said they are "closely monitoring" activities in the fin...more...

  • BSE to move 8 companies out of ASM framew.. 24 Sep 2018 | 07:50 | Dion Global

    Leading exchange BSE will move out eight companies from the additional surveillance measure (ASM) f...more...

  • RBI shortlists Infosys, TCS, 3 other IT f.. 24 Sep 2018 | 07:49 | Dion Global

    The Reserve Bank has shortlisted five IT firms including Infosys and TCS for implementation of a ce...more...

  • FPIs pull out $2.1 bn in Sep so far due t.. 24 Sep 2018 | 07:48 | Dion Global

    Overseas investors have pulled out a massive Rs 153.65 billion ($2.1 billion) from the capital mark...more...

  • Ministerial panel on GSTN to meet tomorrow 21 Sep 2018 | 16:40 | Dion Global

    A ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi will on Saturday take stock o...more...

  • Rural demand to pick up on MSP hikes, far.. 21 Sep 2018 | 15:55 | Dion Global

    Rural demand is expected to pick up in the coming months driven by MSP hike, farm loan waivers and ...more...

  • Hike in small savings rates: Govt may red.. 21 Sep 2018 | 15:32 | Dion Global

    The hike in interest rates on small savings schemes would help the government collect higher amount...more...

  • NDB approves $525 mn loan to MP for infra.. 21 Sep 2018 | 08:23 | Dion Global

    The New Development Bank (NDB) of the BRICS countries has said that it has approved a USD 525-milli...more...

  • Prabhu writes to FM seeking more bank cre.. 21 Sep 2018 | 00:33 | Dion Global

    Commerce Minister Suresh Prabhu has raised the issue of declining export credit with Finance Minist...more...

  • Set up independent PRB to foster competit.. 21 Sep 2018 | 00:08 | Dion Global

    An inter-ministerial panel has said that it has suggested setting up an independent Payments Regula...more...

  • Govt appoints MDs, CEOs in 10 PSBs 21 Sep 2018 | 00:05 | Dion Global

    According to reports, Mrutyunjay Mahapatra and Padmaja Chundru are among five deputy managing direc...more...

  • Ayushman Bharat to give fillip to Digital.. 19 Sep 2018 | 11:02 | Dion Global

    Union minister J P Nadda Tuesday said the "Ayushman Bharat", the insurance scheme of the central go...more...

  • New entity post banks' merger to be opera.. 19 Sep 2018 | 10:31 | Dion Global

    The new entity to be formed with the merger of Bank of Baroda, Vijaya Bank and Dena Bank will be op...more...

  • Govt unveils operational guidelines for P.. 19 Sep 2018 | 10:22 | Dion Global

    The Government has decided to incorporate the provision of penalties for States and Insurance Compa...more...

  • Govt modifies operational guidelines for .. 19 Sep 2018 | 10:22 | Dion Global

    The Government has decided to incorporate the provision of penalties for States and Insurance Compa...more...

  • PM, Bangladesh jointly unveil e-plaques f.. 19 Sep 2018 | 10:18 | Dion Global

    Prime Minister Narendra Modi, and the Prime Minister of Bangladesh, Sheikh Hasina, on Tuesday joint...more...

  • PM Modi launches projects worth over Rs 5.. 19 Sep 2018 | 10:16 | Dion Global

    The Prime Minister, Narendra Modi, on Tuesday inaugurated and laid the Foundation Stone for several...more...

  • Anti-corruption officials should attend R.. 19 Sep 2018 | 10:01 | Dion Global

    The Central Vigilance Commission (CVC) has said that all anti-corruption officials working with ban...more...

  • Prabhu woos Australian pension funds 19 Sep 2018 | 00:32 | Dion Global

    Commerce and Industry Minister Suresh Prabhu Tuesday sold the India growth story to Australian Supe...more...

  • Suresh Prabhu Urges G-20 Members to enhan.. 18 Sep 2018 | 15:35 | Dion Global

    Commerce and Industry Minister Suresh Prabhu led the Indian delegation for the G-20 Trade Ministers...more...

  • Ind-Ra maintains stable outlook on SBI, B.. 18 Sep 2018 | 14:15 | Dion Global

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

  • India may achieve debt/GDP target of 40% .. 18 Sep 2018 | 14:13 | Dion Global

    India Ratings and Research (Ind-Ra) has said that the central government could be able to achieve t...more...

  • Merger of BoB, Vijaya, Dena Bank to impro.. 18 Sep 2018 | 11:14 | Dion Global

    Moody's Investors Service Tuesday said the plan to merge Bank of Baroda, Vijaya Bank and Dena Bank ...more...

  • India again extends deadline to impose hi.. 18 Sep 2018 | 11:08 | Dion Global

    The government, for the second time, has extended the deadline for the imposition of higher customs...more...

  • Merger of 3 PSUs signifies the govt's det.. 18 Sep 2018 | 09:34 | Dion Global

    Commenting on the decision taken by government earlier today to merge Dena Bank, Vijaya Bank and Ba...more...

  • User-oriented technological solutions cri.. 18 Sep 2018 | 09:33 | Dion Global

    General V. K. Singh, Minister of State for External Affairs, on Monday underlined the need for user...more...

  • Decision to merge PSBs a progressive move.. 18 Sep 2018 | 08:19 | Dion Global

    Industry body Ficci has said that the government's decision to merge three state-owned banks is a p...more...

  • Govt may exceed Rs 11.5 lakh cr direct ta.. 18 Sep 2018 | 08:09 | Dion Global

    CBDT Chairman Sushil Chandra has said that Government may exceed Rs 11.5 lakh crore direct tax coll...more...

  • Govt to extend deadline for imposition of.. 18 Sep 2018 | 08:08 | Dion Global

    A senior official has said that the government will further extend the deadline for the imposition ...more...

  • Global factors to be blamed for rupee dep.. 18 Sep 2018 | 00:14 | Dion Global

    Finance Minister Arun Jaitley Monday blamed the depreciation of rupee to a combination of global fa...more...

  • 'MSME loans: Pvt banks, NBFCs eat into PS.. 17 Sep 2018 | 15:28 | Dion Global

    State-run banks' market share in loans to the micro, small and medium enterprises (MSMEs), a major ...more...

  • NPA provisions for banks may stay elevate.. 17 Sep 2018 | 14:35 | Dion Global

    Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall l...more...

  • 8 of top 10 Sensex companies lose Rs 417 .. 17 Sep 2018 | 10:12 | Dion Global

    Eight of the 10 most valued Indian companies together suffered an erosion of Rs 416.6 billion in th...more...

  • Modified Jan Dhan: No of accounts swell t.. 17 Sep 2018 | 10:09 | Dion Global

    As many as 2 million people have joined the modified Pradhan Mantri Jan Dhan Yojna (PMJDY), taking ...more...

  • Public policy makers need to focus on nat.. 17 Sep 2018 | 10:05 | Dion Global

    Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, on Saturday sai...more...

  • Finance Commission to visit Maharashtra t.. 17 Sep 2018 | 10:05 | Dion Global

    The Fifteenth Finance Commission of the Government of India is visiting the state of Maharashtra fr...more...

  • Rupee, oil prices, US-China tussle to gui.. 17 Sep 2018 | 09:36 | Dion Global

    Stock markets would continue to be guided by movement of the rupee, trade issues between the US and...more...

  • Equity market running ahead of fundamenta.. 17 Sep 2018 | 09:35 | Dion Global

    Indian equities have run well ahead of fundamentals and investors should book profits given the str...more...

  • Nabard okays Rs 656.34 bn loan for 93 irr.. 17 Sep 2018 | 09:34 | Dion Global

    The National Bank for Agriculture and Rural Development (Nabard) has approved Rs 656.34 billion loa...more...

  • Revival of cooperative sector must for im.. 17 Sep 2018 | 00:27 | Dion Global

    Making a strong case for revival of the cooperative sector in the country, Reserve Bank of India Di...more...

  • Govt to stick to fiscal deficit target: F.. 17 Sep 2018 | 00:20 | Dion Global

    The government will stick to the fiscal deficit target of 3.3 per cent this fiscal as it expects bu...more...

  • Govt has taken necessary policy measures .. 17 Sep 2018 | 00:18 | Dion Global

    The government has put in place necessary policy measures to bring about financial stability, an of...more...

  • Pradhan urges policy makers to focus on n.. 17 Sep 2018 | 00:16 | Dion Global

    Union Minister Dharmendra Pradhan Saturday called for a collective introspection on the changing na...more...

  • Time right for policy intervention on rup.. 17 Sep 2018 | 00:15 | Dion Global

    The rupee is close to its intrinsic value of around 72 per US dollar and the time is ripe for polic...more...

  • Comm Min eases process to avail export in.. 17 Sep 2018 | 00:07 | Dion Global

    The commerce ministry's foreign trade arm DGFT has simplified the procedure for traders to avail ex...more...

  • Uttarakhand ranked best state under PMGSY.. 17 Sep 2018 | 00:05 | Dion Global

    An official has said that Uttarakhand has been ranked the best among states in the country for the ...more...

  • Around 22.5 cr e-way bills generated till.. 17 Sep 2018 | 00:04 | Dion Global

    The Goods and Services Tax Network (GSTN) has said that around 22.5 crore e-way bills have been gen...more...

  • India climbs 1 spot in UN’s human d.. 17 Sep 2018 | 00:04 | Dion Global

    According to reports, India climbed one spot to 130 among 189 countries in the latest human develop...more...

  • PSBs to recover Rs 1.5 lakh cr of bad deb.. 17 Sep 2018 | 00:03 | Dion Global

    The Indian Government has said that it expects state-run banks to recover Rs 1.5 lakh crore of bad ...more...

  • Salary hike to address Anganwadi workers .. 17 Sep 2018 | 00:02 | Dion Global

    Finance Minister has said that the government's decision to increase the remuneration of Anganwadi ...more...

  • Business should be done within rules and .. 14 Sep 2018 | 16:45 | Dion Global

    Prime Minister Narendra Modi on Friday said his government has sent out a clear message over the la...more...

  • Petrol, diesel rates scale new highs 14 Sep 2018 | 14:08 | Dion Global

    Petrol and diesel prices Friday scaled new highs as rates were increased on account of rupee deprec...more...

  • WPI inflation drops to 4-month low of 4.5.. 14 Sep 2018 | 13:04 | Dion Global

    Inflation based on wholesale prices eased to a four-month low of 4.53 per cent in August on softeni...more...

  • PNB puts NPAs on sale to recover Rs 1,320.. 14 Sep 2018 | 11:01 | Dion Global

    Punjab National Bank has said that it has put nearly two dozen non-performing accounts (NPAs) on sa...more...

  • TDS provisions under GST to be implemente.. 14 Sep 2018 | 11:01 | Dion Global

    The Indian Government has said that it has notified October 1 as the date for implementing the tax ...more...

  • Cabinet approves MoU with Egypt for coope.. 14 Sep 2018 | 10:57 | Dion Global

    The Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) between India and...more...

  • Need to make IBC more effective, says off.. 14 Sep 2018 | 10:49 | Dion Global

    Insolvency & Bankruptcy Code (IBC) has simplified a lot of things, but a lot more needs to be done,...more...

  • Banks have to take haircuts of 40-60% to .. 14 Sep 2018 | 10:48 | Dion Global

    With stressed debt of over Rs 50,000 crore under independent credit evaluation (ICE) framework, ban...more...

  • July IIP data a positive sign towards rev.. 14 Sep 2018 | 10:47 | Dion Global

    Terming the latest estimates for Index of Industrial Production (IIP) as a positive sign towards th...more...

  • Cabinet okays two MoUs with South Africa 14 Sep 2018 | 09:33 | Dion Global

    The Union Cabinet, chaired by Prime Minister Narendra Modi, has been apprised of the Memorandum of ...more...

  • Cabinet approves MoUs with Brunei Darussa.. 14 Sep 2018 | 09:28 | Dion Global

    The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Brun...more...

  • Govt focusing skilling workforce: Prabhu 14 Sep 2018 | 00:36 | Dion Global

    The government is focusing on skilling people across sectors as it will help create economic opport...more...

  • Work on group insolvency norms in progres.. 12 Sep 2018 | 12:00 | Dion Global

    Insolvency and Bankruptcy Board of India (IBBI) chairman MS Sahoo has said that the process of putt...more...

  • India, Syria bilateral trade to touch $50.. 12 Sep 2018 | 11:05 | Dion Global

    Exporters body FIEO has said that the bilateral trade between India and war torn Syria is expected ...more...

  • India, Russia to increase economic cooper.. 12 Sep 2018 | 11:04 | Dion Global

    The commerce Ministry has said that India and Russia discussed ways to increase economic cooperatio...more...

  • List of high profile banking fraud cases .. 12 Sep 2018 | 11:03 | Dion Global

    Former RBI Governor Raghuram Rajan has said that a list of high profile cases related to banking fr...more...

  • Govt hikes remuneration for ASHA and Anga.. 12 Sep 2018 | 09:59 | Dion Global

    The Prime Minister, Narendra Modi, on Tuesday announced a landmark increase in remuneration for ASH...more...

  • Capital markets need greater governance n.. 12 Sep 2018 | 09:57 | Dion Global

    Chairman, Securities and Exchange Board of India (SEBI), Ajay Tyagi on Tuesday expressed great hope...more...

  • Raise limits on loans granted through OTP.. 12 Sep 2018 | 00:24 | Dion Global

    Niti Aayog chief executive Amitabh Kant pitched for increasing the limits on loans granted through ...more...

  • RBI remains net seller of US dollar in Ju.. 12 Sep 2018 | 00:21 | Dion Global

    The Reserve Bank of India (RBI) continued to be a net seller of the US dollar for the fourth consec...more...

  • RBI remains net seller of US dollar in Ju.. 12 Sep 2018 | 00:21 | Dion Global

    The Reserve Bank of India (RBI) continued to be a net seller of the US dollar for the fourth consec...more...

  • RBI nominee on PSU boards create illusion.. 12 Sep 2018 | 00:20 | Dion Global

    Former RBI Governor Raghuram Rajan is not in favour of having an RBI nominee on the boards of publi...more...

  • India's public spending on agri R&D not f.. 11 Sep 2018 | 17:04 | Dion Global

    India's public spending on agriculture research and development is not far behind neighbouring Chin...more...

  • Last date for filing GSTR-1 for July 2017.. 11 Sep 2018 | 13:28 | Dion Global

    The Finance Ministry Monday extended the last date for filing final sales return GSTR-1 for July 20...more...

  • Suppliers to pay penalty for not passing .. 11 Sep 2018 | 11:02 | Dion Global

    The National Anti Profiteering Authority (NAA) has said that it has ruled that suppliers will be li...more...

  • India's share in Asia-Pacific's GDP rises.. 11 Sep 2018 | 10:21 | Dion Global

    India's share in the GDP of Asia and Pacific region has increased to 17.3 per cent in 2017 from 14....more...

  • Monsoon remained below normal in August: .. 11 Sep 2018 | 10:03 | Dion Global

    As per the official IMD data, the countrywide monsoon saw the highest rain deficiency of the season...more...

  • Economic growth to moderate in 2nd half o.. 11 Sep 2018 | 10:02 | Dion Global

    A UBS report has said that India's economic growth is expected to moderate in the second half of th...more...

  • Most sovereigns globally face limited thr.. 11 Sep 2018 | 09:58 | Dion Global

    Moody's Investors Service, a global rating agency, has said that the credit quality of sovereigns g...more...

  • Govt extends due dates for filing of FORM.. 11 Sep 2018 | 09:56 | Dion Global

    Ministry of Finances on Monday said that it has been observed that the number of taxpayers who have...more...

  • India, Bangladesh jointly launch three pr.. 11 Sep 2018 | 09:54 | Dion Global

    Prime Minister Narendra Modi, the Prime Minister of Bangladesh, Sheikh Hasina, Chief Minister of We...more...

  • Over optimistic bankers, growth slowdown .. 11 Sep 2018 | 00:17 | Dion Global

    Over optimistic bankers, slowdown in government decision making process and moderation in economic ...more...

  • Re to hit 73 by Mar 2019; fiscal target t.. 11 Sep 2018 | 00:08 | Dion Global

    India is the only major emerging market having a negative balance of payments (BoP) and the pressur...more...

  • Petroleum prices rising due to global fac.. 10 Sep 2018 | 16:07 | Dion Global

    The major factor for rising prices of petrol and diesel is the global macro situation, said industr...more...

  • Focus on entrepreneurship, launch venture.. 10 Sep 2018 | 12:08 | Dion Global

    Union Petroleum Minister Dharmendra Pradhan asked the youths to focus on entrepreneurship and launc...more...

  • USIBC members call on PM; express desire .. 10 Sep 2018 | 12:02 | Dion Global

    The board members of the United States India Business Council (USIBC) Friday called on Prime Minist...more...

  • Only 33% regularly saving for retirement:.. 10 Sep 2018 | 12:01 | Dion Global

    According to a report, only a third in India are regularly saving for their retirement while just 3...more...

  • Rupee weakening credit negative for cos, .. 10 Sep 2018 | 11:22 | Dion Global

    Sustained weakening of the rupee is credit negative for Indian companies which generate revenue in ...more...

  • Govt planning strategy to increase tax re.. 10 Sep 2018 | 11:13 | Dion Global

    The Finance Ministry has said that it is planning a strategy to shore up tax revenues and engaging ...more...

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