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Economy News

  • Reserve Bank Proposes Multiple Layer Stru.. 22 Jan 2021 | 17:17 | Dion Global

    In view of the recent stress in the Non-Banking Financial Compnies (NBFC) sector, it has become imp...more...

  • Cabinet Approves Investment Proposal Of R.. 21 Jan 2021 | 10:04 | Dion Global

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

  • Index of mineral production at 104.5 in N.. 20 Jan 2021 | 17:54 | Dion Global

    The index of mineral production of mining and quarrying sector for the month of November was 104.5,...more...

  • Retail inflation for farm, rural workers .. 20 Jan 2021 | 17:49 | Dion Global

    Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively,...more...

  • Cabinet approves MoU with Uzbekistan for .. 20 Jan 2021 | 14:10 | Dion Global

    The Union Cabinet on Wednesday gave ex-post facto approval to a memorandum of understanding (MoU) b...more...

  • RBI Releases List Of Domestic Systemicall.. 20 Jan 2021 | 12:36 | Dion Global

    SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (...more...

  • FinMin allows Madhya Pradesh to raise Rs .. 19 Jan 2021 | 17:12 | Dion Global

    The Finance Ministry on Tuesday said Madhya Pradesh has been permitted to raise additional Rs 1,423...more...

  • NITI Aayog to Launch Second Edition of In.. 19 Jan 2021 | 15:48 | Dion Global

    NITI Aayog will release the second edition of the India Innovation Index 2020 on 20 January in a vi...more...

  • PM announces Rs 1,000-cr "Startup In.. 18 Jan 2021 | 09:59 | Dion Global

    Prime Minister Narendra Modi on Saturday announced the launch of Rs 1,000-crore "Startup India...more...

  • December wholesale inflation slows to 1.2.. 14 Jan 2021 | 12:23 | Dion Global

    The wholesale price-based inflation slowed to 1.22 per cent in December on easing food prices, as p...more...

  • RBI constitutes Working Group on Digital .. 14 Jan 2021 | 10:01 | Dion Global

    Reserve Bank of India (RBI) has constituted a Working Group on digital lending including lending th...more...

  • Cabinet approves MoU on scientific and te.. 13 Jan 2021 | 15:23 | Dion Global

    The Union Cabinet on Wednesday approved a memorandum of understanding (MoU) on scientific and techn...more...

  • Retail inflation drops to 4.59% in Dec: G.. 13 Jan 2021 | 10:12 | Dion Global

    Retail inflation fell sharply to 4.59 per cent in December, mainly due to declining food prices, go...more...

  • GoI announces sale four dated securities .. 12 Jan 2021 | 11:44 | Dion Global

    Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.48% Government Security, 2023?...more...

  • India's real GDP to expand by 10.1% in FY.. 11 Jan 2021 | 16:31 | Dion Global

    Domestic rating agency Icra Ratings on Monday said it expects the country"s real gross domesti...more...

  • Real GDP Estimated To Contract 7.7% In FY.. 08 Jan 2021 | 10:13 | Dion Global

    India's real Gross Domestic Product (GDP) in FY 2020-21 is estimated to contract by 7.7% as compare...more...

  • Hiring activity registers 14% sequential .. 07 Jan 2021 | 13:54 | Dion Global

    The overall hiring activity in the country has improved by 14 per cent during December 2020, compar...more...

  • Reserve Money Expands By 9.7% In This Fis.. 07 Jan 2021 | 10:27 | Dion Global

    The Reserve Bank Of India (RBI) has reported that currency in circulation contracted by 0.3% on the...more...

  • RBI to be on a long-pause in rates on sti.. 06 Jan 2021 | 16:51 | Dion Global

    The non-food component in the price basket will continue to keep inflation at a high level and resu...more...

  • I-T refunds worth Rs 1.64 lakh cr issued .. 06 Jan 2021 | 14:25 | Dion Global

    The Income Tax department on Wednesday said it has issued refunds worth over Rs 1.64 lakh crore to ...more...

  • India's manufacturing sector activity str.. 04 Jan 2021 | 12:15 | Dion Global

    India"s manufacturing sector activity strengthened in December, with manufacturers stepping up...more...

  • Over 4.84 cr ITRs for 2019-20 filed till .. 01 Jan 2021 | 13:43 | Dion Global

    Over 4.84 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till December 31,...more...

  • Govt implementing Rs 320-cr project for 5.. 31 Dec 2020 | 16:03 | Dion Global

    The government is implementing a Rs 320-crore project for five major ports in order to provide a di...more...

  • Over 4.73 cr ITRs filed till Dec 30 for 2.. 31 Dec 2020 | 16:02 | Dion Global

    Over 4.73 crore income tax returns (ITRs) for fiscal 2019-20 have been filed till December 30, amid...more...

  • Interest rate on PPF, NSC, other small sa.. 31 Dec 2020 | 14:42 | Dion Global

    The government on Thursday kept the interest rates on small savings schemes, including PPF and NSC,...more...

  • Cabinet approves Rs 4,573 cr interest sub.. 30 Dec 2020 | 17:52 | Dion Global

    The Union Cabinet on Wednesday approved a scheme to provide bank loans at lower rates to distilleri...more...

  • Govt approves Rs 3,000 crore project for .. 30 Dec 2020 | 17:52 | Dion Global

    The government on Wednesday said it has approved a Rs 3,000 crore project to turn Paradip Port into...more...

  • Over 4.54 cr ITRs filed for fiscal 2019-2.. 30 Dec 2020 | 15:45 | Dion Global

    With just two days left for the deadline for individuals to file income tax returns (ITRs) to end, ...more...

  • Over 4.23 cr ITRs for fiscal 2019-20 file.. 28 Dec 2020 | 16:11 | Dion Global

    Over 4.23 crore taxpayers have filed their Income Tax Returns for Assessment Year 2020-21 (fiscal y...more...

  • RBI cautions against unauthorised digital.. 24 Dec 2020 | 09:55 | Dion Global

    The Reserve Bank Of India (RBI) stated today that there have been reports about individuals/small b...more...

  • Cabinet approves revised DTH service guid.. 23 Dec 2020 | 18:23 | Dion Global

    The Union Cabinet on Wednesday (23 December 2020) approved the proposal for revision of the guideli...more...

  • EPFO added 11.55 lakh net subscribers in .. 21 Dec 2020 | 10:20 | Dion Global

    The provisional payroll data of EPFO reveals that EPFO has added 11.55 lakh net subscribers in the ...more...

  • Nitin Gadkari launches website of Prabha .. 18 Dec 2020 | 16:26 | Dion Global

    Union Minister, Shri Nitin Gadkari, formally launched Prabha Khaitan Foundation’s website (pk...more...

  • We expect the government to introduce mor.. 18 Dec 2020 | 16:26 | Dion Global

    Mr Uday Shankar, President, FICCI, commenting on upcoming budget said, "The government has been tak...more...

  • RBI announces auction for sale of governm.. 17 Dec 2020 | 15:37 | Dion Global

    Government of India has announced the sale (issue/re-issue) of Government Stock through auctions to...more...

  • Cabinet okays Rs 3,500 cr sugar export su.. 16 Dec 2020 | 17:18 | Dion Global

    The government on Wednesday approved a subsidy of Rs 3,500 crore to sugar mills for the export of 6...more...

  • EPFO settles 52 lakh COVID-19 claims, dis.. 16 Dec 2020 | 13:56 | Dion Global

    Retirement fund body EPFO has settled 52 lakh COVID-19 non-refundable advance claims, and disbursed...more...

  • India's GDP Estimated To Contract By 7.4%.. 16 Dec 2020 | 13:28 | Dion Global

    Based on better than expected economic recovery, the State Bank Of India (SBI), in its latest resea...more...

  • India's Exports Down 14% This Fiscal, Imp.. 16 Dec 2020 | 10:05 | Dion Global

    India's overall exports (Merchandise and Services combined) in April-November 2020-21 are estimated...more...

  • Govt invites proposals for setting up ele.. 16 Dec 2020 | 09:59 | Dion Global

    The government has invited proposals from entities to set up electronic chip manufacturing units in...more...

  • BSE Ebix Insurance Broking beta launches .. 15 Dec 2020 | 17:32 | Dion Global

    BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange, on Tuesday announced ...more...

  • GOI Announces Sale Of Four Dated Securiti.. 15 Dec 2020 | 09:50 | Dion Global

    The Government of India (GoI) has announced the Sale (Re-issue) of (i) '4.48% Government Security, ...more...

  • Govt issues guidelines for COVID-19 vacci.. 14 Dec 2020 | 16:55 | Dion Global

    Vaccinating 100-200 people in each session per day, monitoring them for 30 minutes after administer...more...

  • WPI inflation at 9-month high of 1.55% in.. 14 Dec 2020 | 12:23 | Dion Global

    The wholesale price-based inflation rose to a 9-month high of 1.55 per cent in November as manufact...more...

  • India, Uzbekistan ink 9 pacts; resolve to.. 11 Dec 2020 | 17:25 | Dion Global

    India and Uzbekistan on Thursday signed nine agreements to broadbase cooperation in an array of are...more...

  • Reserve Bank of India Prescribes Eligibil.. 10 Dec 2020 | 11:49 | Dion Global

    The Reserve Bank of India (RBI) said that in order to infuse greater transparency and uniformity in...more...

  • Cabinet approves Rs 22,810 crore outlay f.. 09 Dec 2020 | 15:56 | Dion Global

    The Union Cabinet on Wednesday approved Rs 22,810 crore outlay for a new employment scheme that aim...more...

  • GST revenue at Rs 1.04 lakh cr in November 02 Dec 2020 | 10:11 | Dion Global

    Revenue from Goods and Services Tax (GST) stood at over Rs 1.04 lakh crore in November as against R...more...

  • India's manufacturing PMI slips to 3-mont.. 01 Dec 2020 | 11:21 | Dion Global

    India's manufacturing sector activity lost momentum and fell to a three-month low in November amid ...more...

  • I-T refunds worth Rs 1.36 lakh cr issued .. 26 Nov 2020 | 09:47 | Dion Global

    The Income Tax Department has issued refunds worth over Rs 1.36 lakh crore to over 41 lakh taxpayer...more...

  • Banking services to get affected as union.. 26 Nov 2020 | 09:44 | Dion Global

    Banking services across the country are likely to get affected on Thursday as over four lakh employ...more...

  • Cabinet approves MoU between BRICS nation.. 25 Nov 2020 | 18:16 | Dion Global

    The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday approved a Memorandum of Un...more...

  • Cabinet approves MoU between ICAI, Nether.. 25 Nov 2020 | 16:24 | Dion Global

    The Union Cabinet on Wednesday approved a Memorandum of Understanding (MoU) between the Institute o...more...

  • Cabinet approves Rs 6,000 cr infustion in.. 25 Nov 2020 | 15:41 | Dion Global

    The Union Cabinet on Wednesday approved equity infusion of Rs 6,000 crore in NIIF Debt Platform spo...more...

  • CCEA nod to Rs 2,480 crore FDI in ATC Tel.. 25 Nov 2020 | 15:39 | Dion Global

    The government has approved a proposal involving foreign direct investment of Rs 2,480 crore by ATC...more...

  • Non-performing loans in Indian banking se.. 25 Nov 2020 | 09:59 | Dion Global

    Non-performing loans in the Indian banking sector is likely to witness an uptick and may shoot up t...more...

  • Rural economy and agri crucial for self-r.. 24 Nov 2020 | 16:13 | Dion Global

    Identifying rural economy and agriculture as the "main focus areas" for self-reliance, Union minist...more...

  • India likely to have current account surp.. 23 Nov 2020 | 14:45 | Dion Global

    Chief Economic Adviser K V Subramanian on Monday said India is likely to post current account surpl...more...

  • Manufacturing Sector Recovery Picks Up, C.. 23 Nov 2020 | 09:59 | Dion Global

    FICCI's latest quarterly survey on Manufacturing pointed towards recovery of manufacturing sector f...more...

  • RBI announces Special Open Market Operati.. 20 Nov 2020 | 10:16 | Dion Global

    The Reserve Bank of India, on a review of current liquidity and financial conditions, has decided t...more...

  • Two entities start testing products under.. 17 Nov 2020 | 16:10 | Dion Global

    Testing of products under the RBI's regulatory sandbox, which was delayed on account of COVID-19 pa...more...

  • WPI inflation rises 1.48% in October as m.. 17 Nov 2020 | 10:12 | Dion Global

    The wholesale price-based inflation rose to an eight-month high of 1.48 per cent in October, as man...more...

  • CPI Surges Near Six Year High, Food Price.. 13 Nov 2020 | 12:31 | Dion Global

    India's Consumer Price Index (CPI) extended upward momentum and rose to 7.61% in the month of Octob...more...

  • Index Of Industrial Production Rises For .. 13 Nov 2020 | 12:29 | Dion Global

    India's industrial production saw 0.2% growth in September, rising for first time in seven months. ...more...

  • Centre approves Rs 4,382 cr as calamity a.. 13 Nov 2020 | 12:03 | Dion Global

    A high-level committee, headed by Union Home Minister Amit Shah, has approved the release of nearly...more...

  • FM announces Rs 900 crore grant for COVID.. 13 Nov 2020 | 10:15 | Dion Global

    Finance Minister Nirmala Sitharman on Thursday announced a Rs 900 crore grant to the Department of ...more...

  • Industrial production remains flat at 0.2.. 13 Nov 2020 | 10:12 | Dion Global

    Industrial production remained flat at 0.2 per cent growth in September, despite higher output of m...more...

  • Moody's revises upwards India GDP forecas.. 12 Nov 2020 | 14:27 | Dion Global

    Moody's Investors Service on Thursday revised upwards its GDP forecasts for India to (-) 8.9 per ce...more...

  • FM announces Rs 18,000 cr additional outl.. 12 Nov 2020 | 14:24 | Dion Global

    Finance Minister Nirmala Sitharaman on Thursday announced a Rs 18,000 crore additonal outlay for th...more...

  • FM announces new employment generation sc.. 12 Nov 2020 | 14:23 | Dion Global

    Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsi...more...

  • Data for October 2020 brightened near-ter.. 12 Nov 2020 | 10:09 | Dion Global

    The Reserve Bank Of India (RBI) noted in a latest update that at a time when global economic activi...more...

  • I-T refunds worth Rs 1.32 lakh cr issued .. 11 Nov 2020 | 15:50 | Dion Global

    The Income Tax department has issued refunds worth over Rs 1.32 lakh crore to over 39 lakh taxpayer...more...

  • Union Cabinet approves production-linked .. 11 Nov 2020 | 15:47 | Dion Global

    The Cabinet on Wednesday approved offering Rs 2 lakh crore worth of production-linked incentives to...more...

  • Union Cabinet approves production-linked .. 11 Nov 2020 | 15:45 | Dion Global

    The Cabinet on Wednesday approved offering Rs 2 lakh crore worth of production-linked incentives to...more...

  • Shipping Ministry renamed Ministry of Por.. 11 Nov 2020 | 12:46 | Dion Global

    The Centre has renamed the Shipping Ministry as the Ministry of Ports, Shipping and Waterways, days...more...

  • Centre releases Rs 6,195 cr to 14 states 10 Nov 2020 | 17:27 | Dion Global

    The Centre has released Rs 6,195 crore to 14 states as monthly instalment of post devolution revenu...more...

  • Cabinet nod for inking MoU between India,.. 04 Nov 2020 | 18:05 | Dion Global

    The Union Cabinet has given its approval for signing an MoU between the Central Drugs Standard Cont...more...

  • India's business sentiment recovering, ou.. 04 Nov 2020 | 11:54 | Dion Global

    National Council of Applied Economic Research (NCAER) carried out the 114th Round of the NCAER Busi...more...

  • RBI increases market trading hours with g.. 03 Nov 2020 | 11:41 | Dion Global

    The Reserve Bank on Monday announced phased restoration of trading hours for various debt as well a...more...

  • GST collections cross Rs 1 lakh cr in Oct.. 02 Nov 2020 | 16:34 | Dion Global

    GST collections in October stood at over Rs 1.05 lakh crore, crossing for the first time Rs 1 lakh ...more...

  • India's manufacturing PMI jumps to a deca.. 02 Nov 2020 | 15:22 | Dion Global

    India's manufacturing sector activity improved for the third straight month in October with compani...more...

  • FinMin notifies extended deadline for 201.. 30 Oct 2020 | 17:46 | Dion Global

    The finance ministry has notified the extended due date for filing income tax returns (ITR) for the...more...

  • Govt raises ethanol procurement prices fo.. 30 Oct 2020 | 16:21 | Dion Global

    The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved ...more...

  • Govt to provide production-linked incenti.. 30 Oct 2020 | 16:03 | Dion Global

    The government will introduce the production-linked incentive (PLI) scheme for more sectors to boos...more...

  • India eight core industries output contra.. 30 Oct 2020 | 10:12 | Dion Global

    India's output of eight core infrastructure sectors dropped by 0.8 per cent in September, mainly du...more...

  • Cabinet nod to programme for maintaining,.. 29 Oct 2020 | 17:00 | Dion Global

    The Union Cabinet on Thursday approved a project to ensure maintenance and improvement of 736 dams ...more...

  • Cabinet approves signing of MoU between I.. 29 Oct 2020 | 16:53 | Dion Global

    The Union Cabinet on Thursday approved the signing of a Memorandum of Understanding (MoU) between I...more...

  • Govt streamlines patent rules to promote .. 29 Oct 2020 | 11:34 | Dion Global

    The government on Wednesday said it has amended patent rules to streamline the submission requireme...more...

  • IFSCA board approves bullion exchange reg.. 28 Oct 2020 | 11:38 | Dion Global

    The board of the International Financial Services Centres Authority (IFSCA) on Tuesday approved dra...more...

  • India, US ink strategic defence pact 27 Oct 2020 | 14:29 | Dion Global

    India and the US on Tuesday inked a landmark defence agreement that will allow sharing of high-end ...more...

  • Govt extends deadline for filing Income T.. 26 Oct 2020 | 14:45 | Dion Global

    The due date for furnishing of ITRs for the taxpayers who are required to furnish report in respect...more...

  • Govt procures 107 lakh tonnes of paddy at.. 22 Oct 2020 | 09:39 | Dion Global

    Government-owned FCI and state procurement agencies have bought 106.88 lakh tonnes of paddy so far ...more...

  • RBI announces Rs 1 lakh crore "on ta.. 22 Oct 2020 | 09:35 | Dion Global

    The Reserve Bank on Wednesday announced an "on tap" Targeted Long-Term Repo Operations (T...more...

  • Central govt announces Rs 3,737 cr bonus .. 22 Oct 2020 | 09:35 | Dion Global

    The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government e...more...

  • Govt procures 107 lakh tonnes of paddy at.. 21 Oct 2020 | 17:27 | Dion Global

    Government-owned FCI and state procurement agencies have bought 106.88 lakh tonnes of paddy so far ...more...

  • Govt issues draft rules for Rashtriya Rak.. 21 Oct 2020 | 17:27 | Dion Global

    The Centre has issued draft rules for the Rashtriya Raksha University Act 2020, which was enacted i...more...

  • Govt launches Rs 10,000cr scheme to boost.. 19 Oct 2020 | 17:43 | Dion Global

    Union Minister of State for Agriculture Parshottam Rupala on Monday launched a new scheme, Ayushman...more...

  • Govt launches Rs 10,000cr scheme to boost.. 19 Oct 2020 | 17:43 | Dion Global

    Union Minister of State for Agriculture Parshottam Rupala on Monday launched a new scheme, Ayushman...more...

  • RBI announces Rs 10000 cr OMO purchase of.. 19 Oct 2020 | 09:51 | Dion Global

    The Reserve Bank of India, as announced in the Statement on Developmental and Regulatory Policies d...more...

  • RBI announces Rs 10000 cr OMO purchase of.. 19 Oct 2020 | 09:51 | Dion Global

    The Reserve Bank of India, as announced in the Statement on Developmental and Regulatory Policies d...more...

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