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Economy News

  • RBI Announces Third Tranche Of Bond Buyin.. 11 Jun 2021 | 12:34 | Dion Global

    As announced in the Governor's statement of June 04, 2021, the Reserve Bank will conduct the third ...more...

  • India, Australia to expand cyber security.. 10 Jun 2021 | 17:08 | Dion Global

    India and Australia on Thursday agreed to broad-base cooperation in the spheres of the digital econ...more...

  • RBI expands Resolution Framework 2.0 cove.. 04 Jun 2021 | 14:46 | Dion Global

    The RBI on Friday expanded the coverage of Resolution Framework 2.0 by doubling the maximum aggrega...more...

  • NACH to be available on all days from Aug.. 04 Jun 2021 | 12:54 | Dion Global

    Reserve Bank of India (RBI) Friday said National Automated Clearing House (NACH) will be available ...more...

  • RBI lowers GDP growth projection to 9.5% .. 04 Jun 2021 | 12:00 | Dion Global

    The Reserve Bank on Friday lowered the country"s growth projection for the current financial y...more...

  • RBI projects retail inflation at 5.1 pc i.. 04 Jun 2021 | 11:58 | Dion Global

    The Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current f...more...

  • RBI keeps policy rate unchanged for 6th t.. 04 Jun 2021 | 10:50 | Dion Global

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

  • 50,000 startups recognised by DPIIT: Comm.. 03 Jun 2021 | 17:11 | Dion Global

    As many as 50,000 startups have been recognised by the Department for Promotion of Industry and Int...more...

  • Govt sets up expert panel to fix minimum .. 03 Jun 2021 | 14:15 | Dion Global

    The government has constituted an expert group led by Prof Ajit Mishra, that will give recommendati...more...

  • FICCI suggests graded approach to unlock .. 02 Jun 2021 | 16:47 | Dion Global

    With the number of coronavirus infections declining in the country, industry chamber FICCI has sugg...more...

  • India's manufacturing sector activity sli.. 01 Jun 2021 | 12:40 | Dion Global

    India's manufacturing sector activity witnessed a significant loss of growth momentum in May due to...more...

  • EPFO allows members to avail second COVID.. 01 Jun 2021 | 09:07 | Dion Global

    Retirement fund body EPFO has allowed its over five crore subscribers to avail the second COVID-19 ...more...

  • RBI Says Consumer Price Inflation To Aver.. 27 May 2021 | 14:40 | Dion Global

    The Reserve Bank Of India (RBI) stated today in its Annual Report that the evolving Consumer Price ...more...

  • Pension corpus under PFRDA swells over Rs.. 26 May 2021 | 18:12 | Dion Global

    Pension Fund Regulatory and Development Authority on Wednesday said asset under management (AUM) ge...more...

  • Cabinet clears pacts inked by ICoAI, ICSI.. 26 May 2021 | 11:21 | Dion Global

    Union Cabinet on Tuesday approved various pacts that have been signed by the cost accountants"...more...

  • India's GDP to grow at 1.3% in Mar quarte.. 26 May 2021 | 11:20 | Dion Global

    The country"s GDP is likely to grow at 1.3 per cent in the fourth quarter of 2020-21 and may s...more...

  • ESIC scheme adds 12.24 lakh new members i.. 26 May 2021 | 10:58 | Dion Global

    Around 12.24 lakh new members joined the ESIC-run social security scheme in March, as against 11.77...more...

  • Barclays cuts India's FY22 GDP estimate t.. 25 May 2021 | 11:11 | Dion Global

    A British brokerage on Tuesday cut India"s FY22 GDP growth estimate by a sharp 0.80 per cent t...more...

  • Bank credit grows by 6.02%; deposits by 9.. 25 May 2021 | 10:12 | Dion Global

    Bank credit grew by 6.02 per cent to Rs 108.69 lakh crore and deposits increased by 9.87 per cent t...more...

  • Icra pegs Q4 GDP growth at 2%; projects 7.. 25 May 2021 | 10:08 | Dion Global

    Domestic rating agency Icra on Monday forecast a 2 per cent uptick in growth during the March FY21 ...more...

  • RBI issues guidelines for amalgamation of.. 25 May 2021 | 09:56 | Dion Global

    The Reserve Bank on Monday said it will consider amalgamation of District Central Co-operative Bank...more...

  • RBI Board approves transfer of Rs 99,122 .. 21 May 2021 | 14:09 | Dion Global

    The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central gover...more...

  • Government Extends Income Tax Returns Fil.. 21 May 2021 | 10:46 | Dion Global

    The government has extended the due date of filing income tax returns for 2020-21 for individuals b...more...

  • GOI Announces Sale Of Four Dated Securiti.. 18 May 2021 | 12:37 | Dion Global

    The government of India (GoI) has announced the Sale (Re-issue) of (i) 5.63% Government Security, 2...more...

  • Wholesale Price Index Surges 10.49% On Ye.. 17 May 2021 | 14:19 | Dion Global

    The Wholesale Price in India (WPI) revealed today that in April, 2021 (over April, 2020), the annua...more...

  • PM releases 8th installment worth over Rs.. 14 May 2021 | 15:32 | Dion Global

    Prime Minister Narendra Modi on Friday released the eighth installment of over Rs 20,000 crore to m...more...

  • RBI Announces Second Tranche Of Open Mark.. 14 May 2021 | 12:12 | Dion Global

    The Reserve Bank will conduct the second tranche of open market purchase of government securities o...more...

  • Govt approves procurement of 1.5 lakh uni.. 12 May 2021 | 18:07 | Dion Global

    The government on Wednesday approved the procurement of 1,50,000 units of "Oxycare" syste...more...

  • Moody's slashes India growth forecast to .. 11 May 2021 | 18:28 | Dion Global

    Moody"s Investors Service on Tuesday slashed India"s growth forecast for the current fina...more...

  • FinMin, NDB to hold seminar on importance.. 11 May 2021 | 16:43 | Dion Global

    The Finance Ministry and New Development Bank (NDB) will organise a seminar on the importance of &q...more...

  • DBS announces aid worth Rs 10 cr for COVI.. 10 May 2021 | 14:50 | Dion Global

    Singaporean lender DBS, which operates a wholly-owned subsidiary in the country, on Monday said it ...more...

  • India to breach fiscal deficit target in .. 07 May 2021 | 12:39 | Dion Global

    India is likely to breach its fiscal deficit target in the financial year to March 2022 mainly due ...more...

  • Cabinet approves allocation Of Additional.. 05 May 2021 | 16:00 | Dion Global

    The Cabinet, chaired by Prime Minister Narendra Modi, has given its ex-post facto approval to the a...more...

  • RBI allows loan restructuring for individ.. 05 May 2021 | 11:50 | Dion Global

    Reserve Bank on Wednesday announced a slew of measures including loan restructuring for individual ...more...

  • RBI to make 2nd purchase of G-secs worth .. 05 May 2021 | 11:02 | Dion Global

    RBI on Wednesday said the second purchase of government securities worth Rs 35,000 crore under the ...more...

  • GoI announces Sale Of Four Dated Securiti.. 04 May 2021 | 10:55 | Dion Global

    The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.63% Government Security, 2...more...

  • Ficci stresses on speeding up vaccination.. 03 May 2021 | 17:54 | Dion Global

    Industry body Ficci has suggested the government a series of steps, including speeding up vaccinati...more...

  • Corporate revenue seen growing 6% in FY22.. 03 May 2021 | 16:20 | Dion Global

    With the second wave of the pandemic disrupting supply chains for most industries, India Ratings ha...more...

  • GST collections hit record high of Rs 1.4.. 03 May 2021 | 09:08 | Dion Global

    GST collections crossed the Rs 1 lakh crore mark for the seventh month in a row and touched a recor...more...

  • Retail inflation for industrial workers r.. 30 Apr 2021 | 16:26 | Dion Global

    Retail inflation for industrial workers rose to 5.64 per cent in March, mainly due to higher prices...more...

  • India Inc Steps Forward To Augment The Av.. 28 Apr 2021 | 11:03 | Dion Global

    The Confederation of Indian Industry (CII) has formed a Task Force on Oxygen Supply Chain to work w...more...

  • RBI issues guidelines for appointment of .. 27 Apr 2021 | 11:59 | Dion Global

    The Reserve Bank of India on Tuesday issued guidelines for appointment of statutory auditors of ban...more...

  • RBI to conduct customer satisfaction surv.. 26 Apr 2021 | 16:49 | Dion Global

    The Reserve Bank of India (RBI) has decided to conduct a customer satisfaction survey to find out t...more...

  • EPFO net new enrolments grow nearly 20% t.. 20 Apr 2021 | 17:50 | Dion Global

    Net new enrolments with retirement fund body EPFO grew by nearly 20 per cent to 12.37 lakh in Febru...more...

  • Cabinet approves pact between CCI, Brazil.. 20 Apr 2021 | 17:44 | Dion Global

    The Union Cabinet on Tuesday approved signing of a pact between fair trade regulator CCI and the Ad...more...

  • RBI receives 8 applications for setting u.. 19 Apr 2021 | 17:13 | Dion Global

    The Reserve Bank on Thursday said it has received four applications each under the guidelines for &...more...

  • Investors' wealth tumbles over Rs 3.70 la.. 19 Apr 2021 | 13:05 | Dion Global

    Investors' wealth in morning trade on Monday tumbled over Rs 3.70 lakh crore as markets went into a...more...

  • 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...

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Hang Seng28505.380.06%
Shanghai Composite3539.150.28%
Sensex52574.460.44%
NSE Index15746.50.40%
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BSE Auto 23267.37-0.51%
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BSE CARBONEX2596.210.41%

Commodity

Gold47005-0.25%
Silver67877-1.16%
Copper701.8572.11%
Crude Oil52770.00%
Lead171.1527.34%
Mentha Oil1132.1-2.17%
Nickel1293.368.64%

Currency

USD/INR 74.13(1.28 %)
GBP/INR 103.05(-0.17 %)
EUR/INR 88.26(-0.32 %)
JPY/INR 0.67(0.76 %)
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HKD/INR 9.55(1.56 %)

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