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Economy News

  • India Inc's Jan-Jun deal tally at USD 74... 16 Jul 2018 | 17:55 | Dion Global

    Corporate India announced deals worth USD 74.8 billion in the January-June period, registering a 90...more...

  • WPI inflation spikes to 4-yr high of 5.77.. 16 Jul 2018 | 16:45 | Dion Global

    Inflation based on wholesale prices accelerated to over 4-year high of 5.77 per cent in June on inc...more...

  • RBI to go for another 0.25% rate hike in .. 16 Jul 2018 | 11:35 | Dion Global

    Brokerage BNP Paribas said the Reserve Bank of India (RBI) will go for another 0.25 per cent hike i...more...

  • Govt, pvt sectors should work together fo.. 16 Jul 2018 | 10:26 | Dion Global

    Government and private sectors should work in tandem to build a proper skilled ecosystem as India i...more...

  • Govt forms committee to review provisions.. 16 Jul 2018 | 08:40 | Dion Global

    The Indian Government has said that it has constituted a 10-member committee to review the penal pr...more...

  • Rural demand growth driven by farm loan w.. 16 Jul 2018 | 08:39 | Dion Global

    A report has said that the green-shoots of demand growth seen in some rural pockets is driven by fa...more...

  • RBI gets global praise for targeted commu.. 16 Jul 2018 | 07:48 | Dion Global

    The RBI has come in for effusive praise by the global banking authority, the Bank for International...more...

  • PFRDA notifies new norms for pension dist.. 16 Jul 2018 | 07:48 | Dion Global

    Pension fund regulator PFRDA has notified fresh Point of Presence (PoP) norms to deepen penetration...more...

  • Indian digital economy likely to touch $1.. 16 Jul 2018 | 07:37 | Dion Global

    Economic Affairs Secretary Subhash Chandra Garg on Saturday said that India's digital economy is ex...more...

  • FDI in services sector slumps 23% in 2017.. 16 Jul 2018 | 07:35 | Dion Global

    FDI inflows in the services sector declined by about 23 per cent to USD 6.7 billion in 2017-18, acc...more...

  • Swachh Survekshan Grameen launched to ran.. 13 Jul 2018 | 16:13 | Dion Global

    The government today launched its 'Swachh Survekshan Grameen' 2018, a survey of rural cleanliness p...more...

  • Govt looking at proposal to include minin.. 13 Jul 2018 | 16:12 | Dion Global

    The mines ministry is looking at the industry's proposal to classify royalties from mines as input ...more...

  • India poised to pip Britain to become 5th.. 13 Jul 2018 | 15:34 | Dion Global

    Union Minister Arun Jaitley today exuded confidence that India will pip Great Britain to become the...more...

  • RBI likely to raise interest rates in Aug.. 13 Jul 2018 | 15:32 | Dion Global

    The Reserve Bank of India is expected to go for further rate hikes this fiscal, with the next incre...more...

  • Jaitley calls for more Centre-state coope.. 13 Jul 2018 | 12:36 | Dion Global

    Union minister Arun Jaitley suggested a uniform set of policies for the agriculture sector across t...more...

  • Farmers should diversify to increase inco.. 13 Jul 2018 | 12:03 | Dion Global

    Farmers should not depend only on agriculture but also look at other options like dairying or anima...more...

  • Factory growth slips to 7-month low; reta.. 13 Jul 2018 | 00:14 | Dion Global

    Industrial production slipped to a seven-month low of 3.2 per cent in May due to sluggish performan...more...

  • Use of Aadhaar in Ayushman Bharat desirab.. 12 Jul 2018 | 17:08 | Dion Global

    The government today clarified that Aadhaar is "desirable" but not mandatory to avail benefits unde...more...

  • Merit-based GST rate rationalisation poss.. 12 Jul 2018 | 16:50 | Dion Global

    The GST Council may look at rationalising tax rates on some items on the basis of merit after ensur...more...

  • 'Govt aims to provide jobs in nearly 2.5 .. 12 Jul 2018 | 16:43 | Dion Global

    Prime Minister Narendra Modi on Thursday said that the government is aiming to provide stable job o...more...

  • Amount locked up in tax litigation to red.. 12 Jul 2018 | 16:42 | Dion Global

    The amount locked up in tax litigation will come down by Rs 5,600 crore as the government has decid...more...

  • Governor releases ASSOCHAM Knowledge Repo.. 12 Jul 2018 | 16:12 | Dion Global

    West Bengal Governor K N Tripathi today said there is increased realisation on quality of education...more...

  • Govt asks agro-chem cos to bring innovati.. 12 Jul 2018 | 16:09 | Dion Global

    The government today asked agro-chemicals industry to come up with innovation solutions to deal wit...more...

  • CCI imposes penalty of Rs 19.07 cr on SAL.. 12 Jul 2018 | 10:16 | Dion Global

    Competition Commission of India (CCI) has issues order against South Asia LPG Company Pvt. Ltd. (SA...more...

  • India, UK sign MoU to cooperate in legal .. 12 Jul 2018 | 10:11 | Dion Global

    Taking forward the exchange of legal practitioners, India and United kingdom on Wednesday signed Mo...more...

  • Govt takes slew of measures for reducing .. 12 Jul 2018 | 10:07 | Dion Global

    In order to reduce the long pending grievances of taxpayers and to minimise litigations pertaining ...more...

  • Madhya Pradesh leg of Startup India yatra.. 12 Jul 2018 | 09:48 | Dion Global

    The Startup India Yatra van will travel to 10 cities of Madhya Pradesh, starting from the capital B...more...

  • PM Modi to interact directly with benefic.. 12 Jul 2018 | 09:46 | Dion Global

    Prime Minister Narendra Modi will interact directly with the members of Self Help Groups under Deen...more...

  • India pips France to become 6th largest e.. 12 Jul 2018 | 01:07 | Dion Global

    India emerged as the world's sixth largest economy in 2017 surpassing France and likely to go past ...more...

  • India emerges as world's 6th largest econ.. 12 Jul 2018 | 01:07 | Dion Global

    India emerged as the world's sixth largest economy in 2017 surpassing France and likely to go past ...more...

  • PE investment in real estate grows by 36%.. 12 Jul 2018 | 00:35 | Dion Global

    The private equity (PE) investment in Indian real estate sector grew by an average 36 per cent annu...more...

  • Rupee to remain at 68-72 against USD in n.. 11 Jul 2018 | 16:38 | Dion Global

    The rupee is expected to be around 68-72 against the USD in the next 2-4 months, and the depreciati...more...

  • GST Council to consider rate cut on items.. 11 Jul 2018 | 16:33 | Dion Global

    The GST Council may consider reduction in tax rates on host of items with low revenue implications ...more...

  • GoM not in favour of sugar cess, moots lo.. 11 Jul 2018 | 15:49 | Dion Global

    A ministerial panel today mooted GST reduction on ethanol from 18 per cent to 12 per cent but did n...more...

  • MPC to continue with 3-day format for mon.. 11 Jul 2018 | 10:56 | Dion Global

    The Reserve Bank today said it will continue with the three-day meeting format of the Monetary Poli...more...

  • India & RMI to further advance trade ties 11 Jul 2018 | 09:30 | Dion Global

    India & Republic of Marshall Islands (RMI) have reaffirmed their commitment to further advance ties...more...

  • 6 working groups formed to enhance trade .. 11 Jul 2018 | 09:27 | Dion Global

    The second India-Republic of Korea CEOs Forum meeting was convened on Tuesday in New Delhi with lea...more...

  • States' performance in doing biz ranking .. 11 Jul 2018 | 00:58 | Dion Global

    States' performance in the ease of doing business ranking by the World Bank and DIPP shows that rem...more...

  • RBI remains net seller of US dollar in Ma.. 11 Jul 2018 | 00:56 | Dion Global

    Reserve Bank remained net seller of the US dollar after it sold whopping USD 5.767 billion of the U...more...

  • Solution to home buyers problems likely t.. 11 Jul 2018 | 00:44 | Dion Global

    An empowered committee, set up by the Uttar Pradesh government to resolve problems of home buyers i...more...

  • FBIL to set reference rate for USD/INR, o.. 11 Jul 2018 | 00:19 | Dion Global

    The Financial Benchmarks India Private Limited (FBIL) took over from RBI the responsibility of comp...more...

  • India-Korea for early upgradation of trad.. 11 Jul 2018 | 00:16 | Dion Global

    India and South Korea today resolved for early conclusion of talks to upgrade the existing Comprehe...more...

  • Par panel summons CEA, ED, CBI over mount.. 11 Jul 2018 | 00:13 | Dion Global

    A parliamentary panel summoned outgoing chief economic adviser Arvind Subramanian, the Enforcement ...more...

  • Govt engages UNDP to fast-track crop insu.. 10 Jul 2018 | 16:37 | Dion Global

    The Centre has put in place a new professional team to fast-track crop insurance scheme PMFBY and r...more...

  • India, South Korea sign five MoUs in Scie.. 10 Jul 2018 | 14:20 | Dion Global

    India and South Korea today signed five MoUs in the field of Science & Technology, according to an ...more...

  • Hiring activity sees 9% rise in June : Re.. 10 Jul 2018 | 10:56 | Dion Global

    Hiring activity registered nine per cent rise in June driven by significant growth in real estate, ...more...

  • ADB accords approval for lining project o.. 10 Jul 2018 | 10:17 | Dion Global

    Union Minister of State (IC) for Power and New & Renewable Energy R.K Singh on Monday took a meetin...more...

  • India and South Korean sign early harvest.. 10 Jul 2018 | 10:12 | Dion Global

    Suresh Prabhu, Minister of Commerce and Industry and Kim Hyun-chong, the Minister for Trade, Indust...more...

  • Manufacturing sector records robust sales.. 10 Jul 2018 | 09:46 | Dion Global

    The manufacturing sector recorded robust growth in sales in the fourth quarter ended January-March ...more...

  • India actively pursuing setting up exclus.. 10 Jul 2018 | 09:26 | Dion Global

    Union Commerce and Industry Minister, Suresh Prabhu, has said that the India and Republic of Korea ...more...

  • Korea to expand bilateral trade with Indi.. 10 Jul 2018 | 09:23 | Dion Global

    The President of Republic of Korea, MOON Jae-in, on Monday affirmed his commitment to raise the lev...more...

  • Union Cabinet okayed Rs 4,500 cr for deve.. 10 Jul 2018 | 00:55 | Dion Global

    The Union Cabinet has sanctioned Rs 4,500 crore for the ongoing development projects in northeast s...more...

  • Prabhu, S Korean trade minister discuss w.. 10 Jul 2018 | 00:48 | Dion Global

    Commerce and Industry Minister Suresh Prabhu hold bilateral discussions with his South Korean count...more...

  • Ease of biz: Ranking of states to be rele.. 09 Jul 2018 | 15:57 | Dion Global

    The commerce and industry ministry will tomorrow release the ranking of states and union territorie...more...

  • MSP hike could impact retail inflation by.. 09 Jul 2018 | 12:43 | Dion Global

    The hike in minimum support price (MSP) of 14 summer crops can increase retail inflation by 73 basi...more...

  • Goyal urges traders to expose tax evaders 09 Jul 2018 | 12:35 | Dion Global

    Finance minister Piyush Goyal urged the traders' community to expose the tax evaders and mandatoril...more...

  • Forex reserves up by $24.34 bn to $424.55.. 09 Jul 2018 | 11:31 | Dion Global

    India's foreign exchange reserves increased by USD 24.34 billion to USD 424.55 billion as of end Ma...more...

  • NITI proposes 'National Health Stack' to .. 09 Jul 2018 | 11:16 | Dion Global

    The NITI Aayog came out with a blueprint of the the National Health Stack (NHS), a shared digital h...more...

  • After months of hefty pullout, FPIs infus.. 09 Jul 2018 | 11:13 | Dion Global

    Foreign investors have pumped in over Rs 30 billion in the Indian capital markets in the last five ...more...

  • RBI cancels licence of Alwar Urban Co-ope.. 09 Jul 2018 | 11:06 | Dion Global

    The RBI said the licence of Alwar Urban Co-operative Bank in Alwar, Rajasthan has been cancelled as...more...

  • Set up central agency with experts to eva.. 09 Jul 2018 | 10:57 | Dion Global

    Cost accountants' apex body ICAI has suggested constituting a central agency, with cost accountants...more...

  • Karnataka Budget: Populist schemes and co.. 09 Jul 2018 | 10:03 | Dion Global

    The waiver of farm loans announced by the government of Karnataka (GoK) in the FY19 budget, in comb...more...

  • FICCI welcomes India's Accession to WIPO .. 09 Jul 2018 | 09:55 | Dion Global

    The Union Cabinet's approval for accession to the WIPO Copyright Treaty, 1996 (WCT) and the WIPO Pe...more...

  • Continuous efforts being made to simplify.. 09 Jul 2018 | 09:51 | Dion Global

    Finance Secretary Hasmukh Adhia has said that continuous efforts are being made to simplify the GST...more...

  • WTO's existence is under threat: Prabhu 09 Jul 2018 | 00:31 | Dion Global

    Union Minister for Commerce and Civil Aviation Suresh Prabhu said the existence of multilateral tra...more...

  • India does not subsidise exports, complie.. 09 Jul 2018 | 00:12 | Dion Global

    Dispelling the "misconception" that India subsidises its exports, Commerce Minister Suresh Prabhu a...more...

  • MSP hike to boost farm income, spur growt.. 09 Jul 2018 | 00:06 | Dion Global

    The government's decision to hike the minimum support price (MSP) for 14 khariff crops would boost ...more...

  • Kharif MSP to increase wholesale and CPI .. 06 Jul 2018 | 16:27 | Dion Global

    India Ratings and Research (Ind-Ra) has said that the hike in minimum support price (MSP) of kharif...more...

  • ADB to provide Rs 5598-crore loan to Punj.. 06 Jul 2018 | 13:23 | Dion Global

    The Asian Development Bank (ADB) has agreed in-principle to provide Rs 5,598-crore loan on nominal ...more...

  • CACP suggests new law 'Right to Sell at M.. 06 Jul 2018 | 12:29 | Dion Global

    Farm advisory body CACP has suggested that the government should consider bringing a separate law e...more...

  • MSP hike step towards doubling farmers' i.. 06 Jul 2018 | 11:48 | Dion Global

    Union Minister Krishna Raj said the decision to increase Minimum Support Price for various crops, i...more...

  • Decision to increase MSP historic: Rupala 06 Jul 2018 | 11:36 | Dion Global

    Calling the decision of the Centre to increase MSP by 1.5 times as historic, Union Agriculture Mini...more...

  • MSP hike will encourage people to take up.. 06 Jul 2018 | 11:34 | Dion Global

    Union AYUSH Minister Shripad Naik said that the Centre's move to hike the Minimum Support Price of ...more...

  • Bank credit grows at 12.84%, deposits at .. 06 Jul 2018 | 11:23 | Dion Global

    Bank credit grew by 12.84 per cent to Rs 86,16,408 crore in the fortnight ended June 22, according ...more...

  • RBI launches June 2018 round of inflation.. 06 Jul 2018 | 09:23 | Dion Global

    The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households...more...

  • RBI launches June 2018 Round of Consumer .. 06 Jul 2018 | 09:18 | Dion Global

    The Reserve Bank of India has launched the latest round of Consumer Confidence Survey for the month...more...

  • RBI to conduct term repo auction worth Rs.. 06 Jul 2018 | 09:14 | Dion Global

    Reserve Bank of India on Thursday said that it will conduction variable rate 14-day term repos wort...more...

  • Govt working on institutional mechanism t.. 05 Jul 2018 | 17:16 | Dion Global

    As India aims to double its farm exports by 2022, Commerce Secretary Rita Teaotia today said the go...more...

  • Online hiring activity declines in June: .. 05 Jul 2018 | 16:29 | Dion Global

    Online hiring activity declined both on monthly as well as yearly basis in June even as the product...more...

  • RBI sets rupee reference rate at 68.7545 .. 05 Jul 2018 | 16:04 | Dion Global

    The Reserve Bank of India today fixed the reference rate of the rupee at 68.7545 against the US dol...more...

  • India should take new bold reforms in agr.. 05 Jul 2018 | 16:02 | Dion Global

    Stating that India's agro-food sector is at a critical juncture, facing multiple challenges, a new ...more...

  • Cabinet gives nod to bill for setting up .. 05 Jul 2018 | 10:11 | Dion Global

    The Union Cabinet today gave its nod to a bill which seeks to set up DNA data banks across India to...more...

  • Cabinet approves commercial rates exempti.. 05 Jul 2018 | 09:56 | Dion Global

    The government today approved the exemption of commercial rates for a plot of land allotted to the ...more...

  • Cabinet approves accession to WIPO treati.. 05 Jul 2018 | 09:55 | Dion Global

    The government has approved a proposal regarding accession to WIPO Copyright Treaty and WIPO Perfo...more...

  • Ensure equitable credit to minorities in .. 05 Jul 2018 | 01:14 | Dion Global

    The Reserve Bank (RBI) directed banks to ensure that minorities in 121 identified districts receive...more...

  • CCI launches online guidance system for m.. 05 Jul 2018 | 01:10 | Dion Global

    The Competition Commission launched an online guidance system on merger & acquisitions rules in ord...more...

  • FIEO suggests steps to boost exports by $.. 05 Jul 2018 | 01:06 | Dion Global

    Exporters body FIEO suggested several steps, including support for R&D, line of credit and interest...more...

  • Higher MSP not to impact fiscal deficit t.. 05 Jul 2018 | 01:04 | Dion Global

    Union Minister Arun Jaitley said the government's fiscal deficit target would not be breached on ac...more...

  • MSP hike to boost agri sector share in GD.. 05 Jul 2018 | 01:01 | Dion Global

    Terming the rise in MSP for kharif crops a 'revolutionary step', Union Minister Chaudhary Birender ...more...

  • FM-led panel to decide on fund allocation.. 05 Jul 2018 | 00:58 | Dion Global

    The government has constituted a ministerial panel headed by the finance minister to decide about f...more...

  • MSP hike draws mixed reaction from agri-e.. 05 Jul 2018 | 00:57 | Dion Global

    Agri experts and farm bodies said the hike in the minimum support price (MSP) of 2018-19 kharif cro...more...

  • Govt committed to growth of agriculture s.. 04 Jul 2018 | 17:51 | Dion Global

    Prime Minister Narendra Modi today said the government has fulfilled its promise of hiking the mini...more...

  • Total CSR spend by top Indian companies m.. 04 Jul 2018 | 17:50 | Dion Global

    The total corporate social responsibility (CSR) spending by the top 500 companies in the country si...more...

  • Prabhu expects 20% growth in exports 04 Jul 2018 | 16:21 | Dion Global

    Commerce Minister Suresh Prabhu today said he is expecting around 20 per cent growth in exports in ...more...

  • Cabinet approves extension of RRBs' recap.. 04 Jul 2018 | 16:20 | Dion Global

    The government today approved extension of recapitalisation scheme for Regional Rural Banks (RRBs) ...more...

  • Cab approves steep Rs 200 per quintal hik.. 04 Jul 2018 | 15:01 | Dion Global

    The government today hiked the minimum support price for paddy by a steep Rs 200 per quintal as it ...more...

  • CBDT signs 3 more unilateral APAs with ta.. 04 Jul 2018 | 15:00 | Dion Global

    The Central Board of Direct Taxes (CBDT) has signed three more unilateral advance pricing agreement...more...

  • Services PMI returns to growth in June, r.. 04 Jul 2018 | 13:55 | Dion Global

    Following a marginal contraction in May, the services sector returned to growth during June and reg...more...

  • Govt making efforts to double farmers' in.. 04 Jul 2018 | 12:43 | Dion Global

    Union minister Ram Vilas Paswan said the NDA government was making efforts to double farmers' incom...more...

  • Govt making efforts to double farmers' in.. 04 Jul 2018 | 12:27 | Dion Global

    Union minister Ram Vilas Paswan said the NDA government was making efforts to double farmers' incom...more...

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