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Economy News

  • No trade-off between inflation, growth: S.. 19 Feb 2018 | 00:43 | Dion Global

    Former Reserve Bank of India governor Dr D Subbarao termed as false the debate over inflation versu...more...

  • Budget not limited to outlay, focus on ou.. 19 Feb 2018 | 00:27 | Dion Global

    The BJP-led government's budget reforms have created a new work culture and are transforming th...more...

  • Govt to unveil scheme to ensure MSP for f.. 19 Feb 2018 | 00:04 | Dion Global

    The Indian Government has said that it may soon unveil a Rs 15,000 crore plan to ensure the farmers...more...

  • Govt to discuss challenges faced by agric.. 19 Feb 2018 | 00:04 | Dion Global

    According to reports, a two-day national conference will be held on February 19-20 to discuss chall...more...

  • India Inc sees M&A deals worth $15 bn in .. 16 Feb 2018 | 15:59 | Dion Global

    Corporate India's merger and acquisition (M&A) activity witnessed over six-fold increase in yea...more...

  • FY19 bank outlook: Recovery in sight; cre.. 16 Feb 2018 | 15:17 | Dion Global

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

  • Banks should accept coins of all denomina.. 16 Feb 2018 | 15:17 | Dion Global

    The Reserve Bank has said that banks should not refuse to accept coins of all denominations from cu...more...

  • Online consumer spending to surge 2.5 tim.. 16 Feb 2018 | 15:15 | Dion Global

    A report has said that online consumer spending is expected to grow 2.5 times to around USD 100 bil...more...

  • Need to look at fiscal implications of un.. 16 Feb 2018 | 13:59 | Dion Global

    The IMF has said that the tax collection assumptions in India’s budget are ambitious but ther...more...

  • Exports up 9% in Jan; trade deficit widen.. 16 Feb 2018 | 11:26 | Dion Global

    India's exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth ...more...

  • Govt constantly working to double farmers.. 16 Feb 2018 | 10:35 | Dion Global

    Prime Minister has set a target to double farmers' income by 2022 and the Ministry is constantl...more...

  • Culture infrastructure to fuel India as s.. 16 Feb 2018 | 09:38 | Dion Global

    A FICCI-KPMG report on the visual arts industry in India reveals that the Rs. 16 billion Indian vis...more...

  • BSE extends window to submit Aadhaar for .. 15 Feb 2018 | 16:45 | Dion Global

    To ensure compliance with anti-money laundering rules, leading stock exchange BSE today extended th...more...

  • PFRDA identifies 21 banks as makers of ex.. 15 Feb 2018 | 16:26 | Dion Global

    Pension Fund Regulatory and Development Authority (PFRDA) has identified 21 banks as makers of exce...more...

  • India signs second loan pact with NDB for.. 15 Feb 2018 | 16:25 | Dion Global

    A Loan Agreement for financing of Rajasthan Water Sector Restructuring Project for the Desert Areas...more...

  • RBI sets rupee reference rate at 63.9222 .. 15 Feb 2018 | 16:04 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 63.9222 against the US dol...more...

  • Govt to change base year for GDP, IIP to .. 15 Feb 2018 | 15:38 | Dion Global

    The government will change the base year to 2017-18 for the calculation of GDP and IIP numbers whil...more...

  • India needs to work towards financial inc.. 15 Feb 2018 | 15:15 | Dion Global

    A top Government Official has said that although India has made a lot of progress towards achieving...more...

  • ICAI to publish concept paper on virtual .. 15 Feb 2018 | 15:14 | Dion Global

    Chartered accountants' apex body ICAI has said that it is looking into various aspects of virtu...more...

  • Maha Govt to provide Rs 200 cr aid to far.. 15 Feb 2018 | 15:14 | Dion Global

    The Maharashtra Government has said that it has announced a compensation package of Rs 200 crore fo...more...

  • WPI inflation eases to 6-month low of 2.8.. 15 Feb 2018 | 13:01 | Dion Global

    Inflation based on wholesale prices eased to a six-month low of 2.84 per cent in January on cheaper...more...

  • Unsatisfactory jobs, under-employment big.. 15 Feb 2018 | 00:22 | Dion Global

    India faces the problem of under-employment and an unsatisfactory job scenario more than unemployme...more...

  • New bad loan norms by RBI to punish defau.. 14 Feb 2018 | 15:09 | Dion Global

    The Indian Government has said that RBI has tightened rules to make banks identify and tackle any n...more...

  • Increase in no. of people not paying serv.. 14 Feb 2018 | 15:09 | Dion Global

    According to a recent survey, the number of people who did not pay or refused to pay the service ch...more...

  • GSTN to ensure stakeholder familiarity be.. 14 Feb 2018 | 14:14 | Dion Global

    GST Network Chairman Ajay Bhushan Pandey has said the company will try to ensure that stakeholders ...more...

  • LTCG will not impact NPS: PFRDA chairman 14 Feb 2018 | 12:13 | Dion Global

    The proposal of long-term capital gains tax will not have much impact on the National Pension Schem...more...

  • Rise in bond yields to erode banks' r.. 14 Feb 2018 | 12:08 | Dion Global

    India Ratings and Research (Ind-Ra) estimates banking industry’s profitability would be affec...more...

  • Reclassification of MSMEs to boost manufa.. 14 Feb 2018 | 10:36 | Dion Global

    Minister of Textiles Smriti Zubin Irani said that reclassification of MSMEs and 5 percent reduction...more...

  • Balancing farmer’s and consumer'.. 14 Feb 2018 | 10:21 | Dion Global

    Having raised farmers’ expectations by promising them Minimum Support Price (MSP) which would...more...

  • RBI notifies revised framework to deal wi.. 13 Feb 2018 | 12:26 | Dion Global

    The Reserve Bank of India today came out with a revised framework for expeditious resolution of bad...more...

  • RBI likely to cut rates by 25 bps in Augu.. 13 Feb 2018 | 12:24 | Dion Global

    A report has said that inflation is peaking off and the Reserve Bank of India is expected to cut ra...more...

  • Economic growth to cross 7.5% next fiscal.. 13 Feb 2018 | 11:29 | Dion Global

    Union minister Piyush Goyal has said that the country's economic growth is likely to cross 7.5 ...more...

  • Business Confidence Index rises 9.1% in D.. 13 Feb 2018 | 11:28 | Dion Global

    A survey by economic think tank NCAER has said that Business Confidence Index rose 9.1 per cent in ...more...

  • 'Growth to rebound to 7.5% in FY19; s.. 12 Feb 2018 | 17:10 | Dion Global

    India's economy will accelerate to 7.5 per cent in 2018-19 and there is a slim chance of the mu...more...

  • India, Bangladesh discuss ways to boost t.. 12 Feb 2018 | 16:36 | Dion Global

    Senior officials of India and Bangladesh held detailed discussions in Dhaka on ways to boost bilate...more...

  • Budget to boost agri sector but slips on .. 12 Feb 2018 | 15:23 | Dion Global

    India Ratings and Research (Ind-Ra) has said that a slew of measures announced in the FY19 budget t...more...

  • Fiscal situation to be better next year: .. 12 Feb 2018 | 15:17 | Dion Global

    Finance Minister Arun Jaitley has said that the fiscal situation should be comfortable next financi...more...

  • MPC decisions need to be forward-looking:.. 12 Feb 2018 | 15:17 | Dion Global

    RBI Governor Urjit Patel has said that the monetary policy decisions need to be forward- looking an...more...

  • Recapitalisation of PSBs to improve lendi.. 12 Feb 2018 | 15:16 | Dion Global

    Finance Minister Arun Jaitley has said that the government's move to recapitalise public sector...more...

  • RBI sets rupee reference rate at 64.2838 .. 12 Feb 2018 | 14:38 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 64.2838 against the US dol...more...

  • 15 mnths after note ban, RBI still proces.. 12 Feb 2018 | 13:08 | Dion Global

    The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised ...more...

  • Rajasthan announces loan waiver for farme.. 12 Feb 2018 | 12:26 | Dion Global

    Rajasthan chief minister Vasundhara Raje announced one-time loan waiver of up to Rs 50,000 for smal...more...

  • Rajasthan announces loan waiver for farme.. 12 Feb 2018 | 12:26 | Dion Global

    Rajasthan chief minister Vasundhara Raje announced one-time loan waiver of up to Rs 50,000 for smal...more...

  • PM woos investors at Oman-India business .. 12 Feb 2018 | 12:16 | Dion Global

    Prime Minister Narendra Modi today met with industry leaders of the Gulf and West Asia region at th...more...

  • Working on cluster approach towards infra.. 12 Feb 2018 | 12:11 | Dion Global

    The government is working on a cluster approach towards infrastructure development to promote manuf...more...

  • Salary & benefits top priority for Indian.. 12 Feb 2018 | 12:09 | Dion Global

    Millennials account for 25 per cent of the working age population in India and while choosing a com...more...

  • India, Palestine sign six pact worth $42... 12 Feb 2018 | 11:38 | Dion Global

    India and Palestine on Saturday inked six memorandums of understanding (MoUs), including in the are...more...

  • India, Oman sign 8 agreements as PM Modi .. 12 Feb 2018 | 11:28 | Dion Global

    India and Oman have signed eight agreements, including on cooperation in the field of defence, heal...more...

  • FM reveals formula for fixing MSP 50% ove.. 12 Feb 2018 | 10:55 | Dion Global

    Finance Minister Arun Jaitley today said the government will take into account the actual input cos...more...

  • Need to harness India's opportunities.. 12 Feb 2018 | 10:06 | Dion Global

    “India is a nation of opportunities and there is need to harness them,” said Smriti Ira...more...

  • Bank ratings volatility likely to subside.. 12 Feb 2018 | 10:06 | Dion Global

    The share of bank ratings with stable outlooks is at its highest level in recent years, suggesting ...more...

  • Gross NPAs decline marginally to 9.8%: Go.. 12 Feb 2018 | 10:05 | Dion Global

    Gross non-performing assets (NPAs) of banks declined marginally to 9.8 per cent at the end of Septe...more...

  • Retail inflation to settle at 5% in Jan: .. 12 Feb 2018 | 10:02 | Dion Global

    A foreign brokerage firm has said that retail inflation is expected to moderate at 5 per cent after...more...

  • FPIs take out Rs 3,800 cr in just 7 tradi.. 12 Feb 2018 | 07:38 | Dion Global

    Foreign investors pulled over Rs 3,800 crore from the Indian stock markets in the last seven tradin...more...

  • DeMo depositors, all companies should fil.. 09 Feb 2018 | 13:51 | Dion Global

    The Income Tax Department today urged those who deposited "large amounts of cash" post demonetisati...more...

  • Norms tweaked for fast track insolvency r.. 09 Feb 2018 | 10:20 | Dion Global

    The norms for fast track insolvency proceedings have been tweaked wherein both fair value and liqui...more...

  • India Inc welcomes change in criteria for.. 09 Feb 2018 | 10:12 | Dion Global

    India Inc today welcomed the government's move to change the criteria for classifying MSMEs say...more...

  • Delhi-NCR generates 5900 tonnes of medica.. 09 Feb 2018 | 09:57 | Dion Global

    With an increase in the number of healthcare facilities, Delhi, Gurgaon, Faridabad, Noida and Ghazi...more...

  • India, Britain to improve transport syste.. 09 Feb 2018 | 09:44 | Dion Global

    A Memorandum of Understanding (MoU) has been signed between India and Britain to improve public tra...more...

  • RBI cautions bank customers against fake .. 09 Feb 2018 | 09:25 | Dion Global

    The Reserve Bank of India has cautioned against its fake website which seek to obtain personal and ...more...

  • Home loans taken prior to April 2016 may .. 08 Feb 2018 | 17:32 | Dion Global

    Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base...more...

  • "India should be 'wooden-headed' .. 08 Feb 2018 | 16:29 | Dion Global

    Former Reserve Bank of India (RBI) governor Duvvuri Subbarao today said Finance Minister Arun Jaitl...more...

  • Asian liquidity stress indicator improves.. 08 Feb 2018 | 14:04 | Dion Global

    Moody's Investors Service says that its Asian Liquidity Stress Indicator (Asian LSI) improved f...more...

  • CBDT signs 7 advance pricing agreements i.. 08 Feb 2018 | 12:49 | Dion Global

    The CBDT has signed five unilateral advance pricing agreements (APAs) and 2 bilateral APAs with Ind...more...

  • RBI to continue sharing surpluses with Go.. 08 Feb 2018 | 12:05 | Dion Global

    Reserve Bank Governor Urjit Patel has said that the central bank will continue to transfer surpluse...more...

  • Cabinet approves Rs 1650 cr for implement.. 08 Feb 2018 | 11:45 | Dion Global

    The Union Cabinet on Wednesday approved implementation of 'Prime Minister's Research Fellow...more...

  • Cabinet approves amendment to MSMED Bill 08 Feb 2018 | 11:40 | Dion Global

    The Union Cabinet has approved change in the basis of classifying Micro, Small and Medium enterpris...more...

  • Cabinet apprised pact with Tunisia for co.. 08 Feb 2018 | 11:25 | Dion Global

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

  • Cabinet approves changes in Major Port Au.. 08 Feb 2018 | 11:19 | Dion Global

    The Union Cabinet on Wednesday approved the incorporation of the official amendments to the Major P...more...

  • Cabinet approves pact with UK and Norther.. 08 Feb 2018 | 11:15 | Dion Global

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

  • Cabinet okays double taxation avoidance p.. 08 Feb 2018 | 11:12 | Dion Global

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

  • Cabinet okays pact with Australia for Sec.. 08 Feb 2018 | 11:11 | Dion Global

    The Union Cabinet on Wednesday gave its approval for signing of Memoranda of Understanding for Seco...more...

  • DoT to seek Cabinet nod on new telecom po.. 08 Feb 2018 | 11:09 | Dion Global

    The telecom ministry today said it hopes to place the proposed New Telecom Policy before the Cabine...more...

  • Cabinet approves pact with USA on law enf.. 08 Feb 2018 | 10:05 | Dion Global

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

  • CCEA okays expansion of Ujjwala beneficia.. 08 Feb 2018 | 10:04 | Dion Global

    The Cabinet Committee on Economic Affairs (CCEA) has approved to enhance of the target of Pradhan M...more...

  • RBI status quo on expected lines: India I.. 08 Feb 2018 | 10:02 | Dion Global

    India Inc has said that the status quo was on expected lines amid concerns over inflation and risks...more...

  • RBI missed opportunity of lowering intere.. 08 Feb 2018 | 09:45 | Dion Global

    Apex industry body FICCII has said that RBI has kept the policy rate unchanged since August 2017. I...more...

  • RBI to unveil grievance redressal mechani.. 08 Feb 2018 | 09:20 | Dion Global

    The Reserve Bank has said that it will bring about a customer grievance redressal mechanism for non...more...

  • 52% of the notified SEZ land vacant: Comm.. 08 Feb 2018 | 00:50 | Dion Global

    As much as 52 per cent of the notified special economic zones (SEZ) land is presently vacant in the...more...

  • Cabinet gives ex-post facto nod for amend.. 08 Feb 2018 | 00:32 | Dion Global

    The Cabinet gave its ex-post facto approval for the amendments that were made in the Insolvency and...more...

  • Expect a long pause from RBI from here: A.. 08 Feb 2018 | 00:31 | Dion Global

    Rating agencies said that the Reserve Bank is on for a long pause in rates, following the policy an...more...

  • RBI to link base rate with MCLR 07 Feb 2018 | 17:17 | Dion Global

    The Reserve Bank said today that it will link the base rate with the MCLR from April 1 to ensure ex...more...

  • RBI outlines measures to support MSME sec.. 07 Feb 2018 | 17:13 | Dion Global

    The Reserve Bank today announced a slew of measures for micro, small and medium enterprises (MSMEs)...more...

  • RBI lowers economic forecast to 6.6% for .. 07 Feb 2018 | 16:33 | Dion Global

    The Reserve Bank today lowered the economic growth projection for 2017-18 to 6.6 per cent, but said...more...

  • GST rate on tickets to amusement parks an.. 07 Feb 2018 | 15:27 | Dion Global

    The GST Council has recommended reduction of GST rate on services by way of admission to Amusement ...more...

  • GST council recommends relief in rate on .. 07 Feb 2018 | 15:23 | Dion Global

    In its Meeting held on January 18, 2018, the GST Council has recommended that for the purpose of GS...more...

  • Companies see more jobs raining in Jan-Ju.. 07 Feb 2018 | 15:22 | Dion Global

    Reflecting the bullish sentiment across industries, companies' hiring outlook for the first two...more...

  • RBI sees inflation firming up at 5.1% in .. 07 Feb 2018 | 15:07 | Dion Global

    The Reserve Bank is expecting retail inflation to rise to 5.1 per cent in the last quarter of the o...more...

  • Govt forms 6 sub-groups to identify regul.. 07 Feb 2018 | 15:05 | Dion Global

    The commerce and industry ministry has said that six sub-groups have been formed to identify regula...more...

  • Rs 10 coin production halted due to adequ.. 07 Feb 2018 | 15:04 | Dion Global

    The Indian Government has said that production of Rs 10 coins has been halted temporarily due to ad...more...

  • RBI keeps policy rate unchanged on inflat.. 07 Feb 2018 | 14:53 | Dion Global

    The Reserve Bank kept the key policy rate unchanged at 6 per cent for the third consecutive time to...more...

  • Fixation of MSP to have nominal impact on.. 07 Feb 2018 | 14:03 | Dion Global

    An SBI research report has said that there will be minimal impact on inflation from the government&...more...

  • Govt to finalise roadmap for MSME bad loa.. 07 Feb 2018 | 12:04 | Dion Global

    The government expects to finalise a road map for resolving the bad loans issue in the MSME sector ...more...

  • No notice to taxpayers in case of minor f.. 07 Feb 2018 | 11:15 | Dion Global

    From now on, the taxman will not issue demand notice to taxpayers in case there is a minor mismatch...more...

  • Govt to release funds under special packa.. 07 Feb 2018 | 11:03 | Dion Global

    Finance Minister Arun Jaitley has said that a formula will soon be worked out to release funds unde...more...

  • Govt eases norms for incorporating compan.. 07 Feb 2018 | 10:23 | Dion Global

    The Ministry of Corporate Affairs had notified a new e-form called Simplified Proforma for Incorpor...more...

  • GST would lead to tax compliance and reve.. 07 Feb 2018 | 10:18 | Dion Global

    The structural reforms implemented by the Government including path-breaking initiatives such as de...more...

  • Budget balances growth and fiscal consoli.. 07 Feb 2018 | 10:17 | Dion Global

    Moody's Investors Service, a global rating agency, has said that India's budget for the fis...more...

  • Road map for MSME bad loans may be finali.. 07 Feb 2018 | 00:48 | Dion Global

    The government expects to finalise a road map for resolving the bad loans issue in the MSME sector ...more...

  • Import duty hike in Budget to garner Rs 7.. 07 Feb 2018 | 00:46 | Dion Global

    The import duty hike in 45 items announced in the Budget will earn about Rs 7,000 crore revenue to ...more...

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