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Economy News

  • CBDT notifies forms for firms to avail lo.. 14 Feb 2020 | 17:34 | Dion Global

    The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax...more...

  • PM Modi in Varanasi on Sunday; to launch .. 14 Feb 2020 | 17:28 | Dion Global

    Prime Minister Narendra Modi will visit his Lok Sabha constituency of Varanasi on Sunday, where he ...more...

  • Govt willing to do more beyond Budget to .. 14 Feb 2020 | 15:30 | Dion Global

    Finance Minister Nirmala Sitharaman on Friday said that if required, the government would take more...more...

  • WPI inflation rises to 3.1% in January 14 Feb 2020 | 14:03 | Dion Global

    Wholesale prices based inflation rose to 3.1 per cent in January, as against 2.59 per cent in the p...more...

  • Banks credit grows at 7.13 pc in 2nd half.. 14 Feb 2020 | 11:16 | Dion Global

    Banks credit and deposits grew at 7.13 per cent and 9.91 per cent to Rs 101.02 lakh crore and Rs 13...more...

  • RBI new asset recognition norms credit ne.. 14 Feb 2020 | 10:15 | Dion Global

    The Reserve Bank of India's recent asset recognition norms that allows banks not to treat real esta...more...

  • S&P retains India's rating at 'BBB-', say.. 13 Feb 2020 | 16:54 | Dion Global

    Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with sta...more...

  • Focusing on 12-13 sectors with competitiv.. 13 Feb 2020 | 15:27 | Dion Global

    Commerce and Industry Minister Piyush Goyal on Thursday said they are focusing on 12-13 sectors suc...more...

  • FinMin notifies common application form f.. 13 Feb 2020 | 13:14 | Dion Global

    The finance ministry has notified a common application form for registration of foreign portfolio i...more...

  • Industrialist Sajjan Jindal urges govt to.. 13 Feb 2020 | 13:12 | Dion Global

    India needs to strengthen domestic manufacturing capacity in various areas, including antibiotics, ...more...

  • Payment to states delayed due to low real.. 13 Feb 2020 | 10:43 | Dion Global

    Finance Minister Nirmala Sitharaman on Wednesday said inadequate realisation of GST compensation ce...more...

  • Retail inflation inches up to 7.59% in Ja.. 13 Feb 2020 | 10:32 | Dion Global

    Retail inflation inched up to 7.59 per cent in January on costlier food items, showed government da...more...

  • Cabinet approves amendments to DTAA with .. 13 Feb 2020 | 09:55 | Dion Global

    The Union Cabinet on Wednesday approved amendments to the existing double tax avoidance agreement w...more...

  • Nasscom pegs FY20 revenue growth at 7.7% .. 12 Feb 2020 | 17:31 | Dion Global

    Industry body Nasscom has projected a revenue growth of 7.7 per cent at USD 191 billion for the IT ...more...

  • Pesticides Management Bill gets Cabinet n.. 12 Feb 2020 | 16:28 | Dion Global

    A Bill to regulate business of pesticides and compensate farmers in case of losses from usage of sp...more...

  • RBI's enhanced role to deter malpractices.. 12 Feb 2020 | 14:28 | Dion Global

    President Ram Nath Kovind on Wednesday said the Reserve Bank's enhanced regulatory role will deter ...more...

  • India gets $463.44 million FDI in food pr.. 12 Feb 2020 | 09:38 | Dion Global

    India has received foreign direct investment (FDI) of USD 463.44 million in the food processing sec...more...

  • Govt has taken specific steps to boost ex.. 11 Feb 2020 | 16:47 | Dion Global

    The government has taken several steps, including tax refund scheme and enhanced credit to exporter...more...

  • Economy not in trouble; green shoots visi.. 11 Feb 2020 | 15:50 | Dion Global

    Finance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoots ...more...

  • RBI releases draft framework for New Paym.. 11 Feb 2020 | 13:13 | Dion Global

    The Reserve Bank of India (RBI) on Monday published draft framework for authorisation of a new pan-...more...

  • MSME restructuring extension signify RBI'.. 10 Feb 2020 | 17:47 | Dion Global

    The RBI extending the MSME loan restructuring scheme and allowing relaxation in asset classificatio...more...

  • Budget announcements for startups to boos.. 10 Feb 2020 | 16:44 | Dion Global

    Budget proposals for start-ups will help promote growth of budding entrepreneurs in the country, fi...more...

  • AP govt inks MoU with 11 agri institution.. 10 Feb 2020 | 16:34 | Dion Global

    The Andhra Pradesh government on Monday signed a "path-breaking" memoranda of understanding with 11...more...

  • Taking steps for speedy redressal of EPFO.. 10 Feb 2020 | 13:27 | Dion Global

    The Labour and Employment Ministry on Monday said procedures and policies are being streamlined to ...more...

  • FPIs net buyers in Feb, invest Rs 5,177 c.. 10 Feb 2020 | 10:05 | Dion Global

    Foreign investors remained net buyers in Indian capital markets for a sixth straight month in Febru...more...

  • FM Sitharaman pitches for rationalisation.. 10 Feb 2020 | 10:03 | Dion Global

    Finance Minister Nirmala Sitharaman on Sunday said the Union Budget has laid the foundation of incr...more...

  • Eight of 10 most valued cos add Rs 1.57 t.. 10 Feb 2020 | 09:58 | Dion Global

    Eight of the top 10 valued companies added Rs 1,57,270.8 crore to their total market valuation last...more...

  • Govt seeks to engage itself with business.. 10 Feb 2020 | 09:57 | Dion Global

    Union Finance Minister Nirmala Sitharaman on Sunday said that the government wants continuous engag...more...

  • Finance ministry expects at least 80% of .. 07 Feb 2020 | 16:30 | Dion Global

    The finance ministry expects at least 80 per cent of the taxpayers to move to the new income tax re...more...

  • Budget 2020 provides 'discreet and consid.. 07 Feb 2020 | 14:14 | Dion Global

    Finance Minister Nirmala Sitharaman on Friday said the budget presented by her last week provides a...more...

  • India's rice exports likely to dip by 18-.. 06 Feb 2020 | 18:09 | Dion Global

    India's rice exports is expected to witness around 20 per cent decline this fiscal, due to heighten...more...

  • Par panel suggests steps to monitor expen.. 06 Feb 2020 | 18:09 | Dion Global

    A parliamentary panel has asked various ministries to develop a robust mechanism in coordination an...more...

  • RBI raises CPI inflation to 6.5% for Oct-.. 06 Feb 2020 | 17:12 | Dion Global

    The Reserve Bank of India has raised upwards its retail inflation projection for the last quarter o...more...

  • I-T dept launches e-calculator to compare.. 06 Feb 2020 | 15:34 | Dion Global

    The Income-Tax Department has launched an e-calculator for individuals to estimate their tax liabil...more...

  • Pan-India cheque truncation system to be .. 06 Feb 2020 | 14:28 | Dion Global

    In a bid to accelerate clearance of cheques, the Reserve Bank of India (RBI) on Thursday said it ha...more...

  • RBI keeps benchmark interest rate unchang.. 06 Feb 2020 | 14:23 | Dion Global

    The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate uncha...more...

  • USD 118.3 bln received in remittances sin.. 06 Feb 2020 | 09:17 | Dion Global

    An estimated 13.62 million Indian nationals are staying abroad and USD 118.3 billion has been recei...more...

  • Cabinet approves conferring INI status to.. 05 Feb 2020 | 18:30 | Dion Global

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

  • Cabinet clears amendment to banking laws .. 05 Feb 2020 | 18:16 | Dion Global

    In order to protect interest of depositors, the Union Cabinet on Wednesday approved amendment to Ba...more...

  • FM introduces Direct Tax Vivad Se Vishwas.. 05 Feb 2020 | 14:30 | Dion Global

    Finance Minister Nirmala Sitharaman on Wednesday introduced a bill in Lok Sabha which seeks to prov...more...

  • Fitch says Budget light on new structural.. 05 Feb 2020 | 12:33 | Dion Global

    Finance Minister Nirmala Sitharaman's Budget for 2020-21 was light on new structural reforms, Fitch...more...

  • India's service sector activity growth hi.. 05 Feb 2020 | 11:18 | Dion Global

    India's services sector activity surged to a seven-year high in January driven by sharp increase in...more...

  • RBI to come out with last monetary policy.. 04 Feb 2020 | 10:04 | Dion Global

    Amid slowing GDP growth and rising inflation, the Reserve Bank of India (RBI) will unveil its last ...more...

  • Manufacturing PMI signals revival, hits 8.. 04 Feb 2020 | 10:03 | Dion Global

    The country's manufacturing sector activity climbed to a near eight-year high in January, driven by...more...

  • Banks, select financial institutions repo.. 04 Feb 2020 | 09:31 | Dion Global

    Frauds involving Rs 1,13,374 crore were reported by banks and select financial institutions in the ...more...

  • Fitch predicts India's FY21 GDP growth at.. 03 Feb 2020 | 17:07 | Dion Global

    Fitch Ratings on Monday said India is expected to clock a GDP growth of 5.6 per cent in the next fi...more...

  • Economy not in recession: Anurag Thakur 03 Feb 2020 | 17:06 | Dion Global

    The government on Monday said the economy is not in recession and India recorded the highest averag...more...

  • Analysts expect RBI to hike rates in 2020.. 03 Feb 2020 | 16:39 | Dion Global

    Meeting the fiscal deficit target of 3.5 per cent for FY2020-21 is a challenge, and the possible in...more...

  • MSME Ministry allocated Rs 7,572 cr in Bu.. 03 Feb 2020 | 10:49 | Dion Global

    The Union Budget 2020-21 has earmarked an all-time high allocation of Rs 7,572.20 crore for the Min...more...

  • Budget 2020: Plan to hike FPI limit in co.. 01 Feb 2020 | 14:38 | Dion Global

    The government plans to increase investment limit of foreign portfolio investors (FPI) in corporate...more...

  • Budget 2020: Govt announces Rs 8,000-cr o.. 01 Feb 2020 | 14:35 | Dion Global

    The government on Saturday announced Rs 8,000 crore outlay for developing quantum computing linked ...more...

  • Budget 2020: Clean, reliable, robust fina.. 01 Feb 2020 | 13:28 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday said a clean, reliable and robust financial sector ...more...

  • Budget 2020: Govt mulls changes in PFRDA .. 01 Feb 2020 | 13:23 | Dion Global

    Finance Minister Nirmala Sitharaman has proposed to make amendments for separation of government pe...more...

  • Budget 2020: Govt permits five-fold incre.. 01 Feb 2020 | 13:22 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday said the government has permitted DICGC to raise de...more...

  • Budget 2020: Large solar power capacity a.. 01 Feb 2020 | 13:18 | Dion Global

    Finance Minister Nirmala Sitharaman on Friday proposed the setting up of large solar power capacity...more...

  • Budget 2020: Companies Act to be amended .. 01 Feb 2020 | 13:01 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday said the government plans to amend the Companies Ac...more...

  • Budget 2020: FM proposes to increase turn.. 01 Feb 2020 | 13:00 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday said the government looks to increase the turnover ...more...

  • Budget 2020: Policy for data centre parks.. 01 Feb 2020 | 12:44 | Dion Global

    The government will bring out a policy for data centre parks throughout the country, Finance Minist...more...

  • Budget 2020: FM proposes National Technic.. 01 Feb 2020 | 12:43 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday proposed National Technical Textile Mission with an...more...

  • Budget 2020: 100 more airports to be deve.. 01 Feb 2020 | 12:42 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday said 100 more airports will be developed by 2025 to...more...

  • Budget 2020: NIRVIK scheme to provide hig.. 01 Feb 2020 | 12:40 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday announced Nirvik (Niryat Rin Vikas Yojana) scheme t...more...

  • Budget 2020: Rs 22,000 cr outlay for powe.. 01 Feb 2020 | 12:39 | Dion Global

    The Centre has proposed an outlay of Rs 22,000 crore for power and renewable energy sector for 2020...more...

  • Budget 2020: Single investment clearance .. 01 Feb 2020 | 12:34 | Dion Global

    The government will create a single investment cell to expedite grant of licences and promote entre...more...

  • Budget 2020: Sitharaman unveils new infra.. 01 Feb 2020 | 12:24 | Dion Global

    In the Union Budget 2020 presented today, FM Nirmala Sitharaman announced a host of measures to hel...more...

  • Budget 2020: Govt to bring new education .. 01 Feb 2020 | 12:23 | Dion Global

    The Centre will soon announce a new education policy and the government has received over 2 lakh su...more...

  • Budget 2020: FM proposes Kisan Rail in PP.. 01 Feb 2020 | 12:09 | Dion Global

    Finance Minister Nirmala Sitharaman on Saturday proposed to set up Kisan Rail in public-private-par...more...

  • Govt to launch campaign to eliminate TB b.. 01 Feb 2020 | 12:09 | Dion Global

    The government will launch a campaign to eliminate tuberculosis (TB) by 2025, Finance Minister Nirm...more...

  • Budget 2020: Govt to expand Mission Indra.. 01 Feb 2020 | 12:00 | Dion Global

    Finance minister Nirmala Sitharaman allocated Rs 69,000 crore, inclusive of Rs 6,400 crore for Jan ...more...

  • States asked to adopt 3 central model law.. 01 Feb 2020 | 11:59 | Dion Global

    The government has asked states to adopt three central model laws on agricultural land leasing, mar...more...

  • Budget 2020: New education policy soon 01 Feb 2020 | 11:51 | Dion Global

    150 higher institutes to start apprentice training for general category students, FM said. IND-S...more...

  • Budget 2020: FDI in India rises to USD 28.. 01 Feb 2020 | 11:50 | Dion Global

    Foreign direct investment (FDI) into the country has increased to USD 284 billion during 2014-19, F...more...

  • FM allocates Rs 2.83 trillion for agro an.. 01 Feb 2020 | 11:42 | Dion Global

    Our govt has insured 61.1 mn farmers under Pradhan Mantri Fasal Bima Yojna, FM said. Budget prop...more...

  • India now 5th largest economy globally: S.. 01 Feb 2020 | 11:41 | Dion Global

    India is now the fifth largest economy in the world and the Central government debt has reduced to ...more...

  • Budget 2020: Govt to bring simplified ret.. 01 Feb 2020 | 11:40 | Dion Global

    A simplified return format for GST is being introduced from April 2020, Finance Minister Nirmala Si...more...

  • Budget 2020: Govt proposes plans to help .. 01 Feb 2020 | 11:30 | Dion Global

    Govt to help farmers set up solar power units. The government is also looking to change existing re...more...

  • Budget 2020: Committed to doubling farmer.. 01 Feb 2020 | 11:29 | Dion Global

    FM outlines 16 actions under aspirational theme. Under Aspiration India, FM announced that governme...more...

  • Budget 2020: FM Sitharaman begins her Bud.. 01 Feb 2020 | 11:18 | Dion Global

    In the Budget speech she says only through higher growth can our youth get employed. She further ...more...

  • Cabinet approves Union Budget for 2020-21 01 Feb 2020 | 11:11 | Dion Global

    The Union Cabinet headed by Prime Minister Narendra Modi on Saturday approved the Budget for the fi...more...

  • Govt nets Rs 1.1 lakh cr from GST in Jan 01 Feb 2020 | 10:26 | Dion Global

    Goods and services tax (GST) collection has crossed the Rs 1 lakh crore-mark for the third month in...more...

  • Labour reforms, higher women participatio.. 31 Jan 2020 | 16:25 | Dion Global

    Deregulating labour laws, encouraging MSMEs, increasing female participation in workforce and highe...more...

  • Economic slowdown bottomed out, uptick fr.. 31 Jan 2020 | 16:24 | Dion Global

    Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per ...more...

  • Economic Survey says economic growth to r.. 31 Jan 2020 | 14:34 | Dion Global

    The Economic Survey on Friday projected India's economic growth at 6 per cent to 6.5 per cent in th...more...

  • Govt to spend Rs 25 lakh cr to boost rura.. 31 Jan 2020 | 14:33 | Dion Global

    The government has provided over Rs 43,000 crore to more than 8 crore farmers under the PM-KISAN sc...more...

  • Not fiscal stimulus, alternate measures n.. 31 Jan 2020 | 09:30 | Dion Global

    The government should focus on alternate measures to stimulate economy as it is not possible to giv...more...

  • Govt to get over Rs 39,500 cr under Sabka.. 30 Jan 2020 | 18:19 | Dion Global

    The government is expected to realise Rs 39,500 crore from the Sabka Vishwas Scheme, a dispute reso...more...

  • Ficci survey projects FY20 GDP growth at .. 30 Jan 2020 | 11:23 | Dion Global

    Industry body Ficci on Wednesday said its Economic Outlook Survey has projected the country's annua...more...

  • States fiscal deficit seen jumping to 3% .. 30 Jan 2020 | 10:28 | Dion Global

    Indicating rising stress levels in the finances of the states, India Ratings has revised downward t...more...

  • Google announces USD 1 mn grant to promot.. 29 Jan 2020 | 17:29 | Dion Global

    Technology giant Google on Wednesday announced a USD 1 million grant to promote news literacy among...more...

  • BSE to shift 30 stocks to restricted trad.. 29 Jan 2020 | 15:19 | Dion Global

    Leading stock exchanges BSE and NSE will shift several scrips to the restricted trading segment fro...more...

  • FinMin puts in place measures to protect .. 28 Jan 2020 | 16:31 | Dion Global

    With a view to protect prudent commercial decision of bankers, the government has taken a slew of d...more...

  • New record as Rs 12000 cr transferred dir.. 28 Jan 2020 | 12:09 | Dion Global

    Prime Minister Narendra Modi on Tuesday said a new record was created earlier this month when Rs 12...more...

  • Govt signs accord with NDFB, ABSU to reso.. 27 Jan 2020 | 14:18 | Dion Global

    The government on Monday signed an accord with one of the dreaded insurgent groups of Assam -- the ...more...

  • UDAY not failure; new scheme likely in Bu.. 27 Jan 2020 | 14:16 | Dion Global

    Asserting that the UDAY scheme was not a failure Power Minister R K Singh on Monday said an improve...more...

  • Budget expectations, earnings, coronaviru.. 27 Jan 2020 | 09:30 | Dion Global

    Earnings from major companies such as HDFC, US Fed's interest rate decision and hopes of positive m...more...

  • FPIs pour in Rs 1,624 cr in January so fa.. 27 Jan 2020 | 09:14 | Dion Global

    Foreign portfolio investors (FPI) have infused a net sum of Rs 1,624 crore into the Indian capital ...more...

  • India can end up with 5% real GDP growth .. 24 Jan 2020 | 17:59 | Dion Global

    India can end up with a real GDP growth of five per cent this financial year excluding the inflatio...more...

  • India's Ujjwala scheme provided LPG acces.. 24 Jan 2020 | 13:49 | Dion Global

    Although India's Ujjwala programme encouraged adoption of liquefied petroleum gas (LPG) for cooking...more...

  • RBI raises investment limit for FPIs in g.. 24 Jan 2020 | 12:55 | Dion Global

    The Reserve Bank of India on Thursday raised the investment limit for FPIs in government and corpor...more...

  • CSR expenditure by cos listed on NSE up 1.. 24 Jan 2020 | 10:48 | Dion Global

    Corporate Social Responsibility (CSR) spending by companies listed on NSE increased 18 per cent to ...more...

  • India to see Rs 4 lakh cr investment in g.. 24 Jan 2020 | 09:28 | Dion Global

    India will see an investment of over Rs 4 lakh crore in development of gas supply and distribution ...more...

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