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Economy News

  • No better place to invest than in India, .. 17 Oct 2019 | 14:32 | Dion Global

    Investors can find no better place in the world than India that has a democracy loving and capitali...more...

  • India developed digital payment system al.. 17 Oct 2019 | 14:31 | Dion Global

    The digital payment system that has been developed in India not only allows big tech companies to p...more...

  • Vardhan launches 'food safety mitra' sche.. 17 Oct 2019 | 10:13 | Dion Global

    On the lines of 'arogya mitras', the government on Wednesday launched a scheme for engaging 'food s...more...

  • FinMin gets around 45 applications for PF.. 17 Oct 2019 | 09:38 | Dion Global

    The Finance Ministry has received about 45 applications for the PFRDA chairman post, which has been...more...

  • India, China discuss cooperation in educa.. 16 Oct 2019 | 17:21 | Dion Global

    India and China on Wednesday held their first Joint Working Group (JWG) meeting on education here d...more...

  • RBI issues guidelines on 'on tap' authori.. 16 Oct 2019 | 10:21 | Dion Global

    In a circular, the RBI said it has been decided to offer on-tap authorisation for Bharat Bill Payme...more...

  • Govt to set up 14 skills training centres.. 16 Oct 2019 | 10:18 | Dion Global

    Union Skill Development and Entrepreneurship Minister Mahendra Nath Pandey on Tuesday unveiled plan...more...

  • Digital tech to contribute 20 % India's .. 16 Oct 2019 | 10:16 | Dion Global

    Digital technologies are expected to generate USD 1 trillion in economic value by 2025, accounting ...more...

  • India's services exports up 10% in Aug at.. 16 Oct 2019 | 09:38 | Dion Global

    India's services exports rose by 10.4 per cent to USD 18.24 billion in August in the current financ...more...

  • Ayushman Bharat programme empowering seve.. 15 Oct 2019 | 10:42 | Dion Global

    Prime Minister Narendra Modi on Tuesday highlighted the progress made by the government's flagship ...more...

  • Retail inflation rises to 3.99% in Septem.. 15 Oct 2019 | 09:22 | Dion Global

    Retail inflation spiked to 3.99 per cent in September mainly due to higher prices of food items, go...more...

  • Indian economy structurally, fundamentall.. 14 Oct 2019 | 17:15 | Dion Global

    Indian economy is structurally and fundamentally very strong and the current slowdown, which is cyc...more...

  • DPIIT seeks I&B Ministry's views on issue.. 14 Oct 2019 | 16:51 | Dion Global

    The Department for Promotion of Industry and Internal Trade (DPIIT) has sought views of Information...more...

  • Wholesale inflation eases to over 3-year .. 14 Oct 2019 | 16:26 | Dion Global

    Wholesale inflation eased to more than three-year low of 0.33 per cent in September mainly due to f...more...

  • Over Rs 81,700 cr disbursed by banks duri.. 14 Oct 2019 | 15:14 | Dion Global

    The Finance Ministry on Monday said loans worth Rs 81,781 crore were disbursed during the nine-day ...more...

  • India will honour energy contractual comm.. 14 Oct 2019 | 14:05 | Dion Global

    Finance Minister Nirmala Sitharaman on Monday said that India will honour contractual commitments u...more...

  • India and Sierra Leone sign six agreements 14 Oct 2019 | 10:21 | Dion Global

    India and Sierra Leone signed 6 agreements today to expand the bilateral relations in various field...more...

  • Quarterly earnings, global trends to be m.. 14 Oct 2019 | 10:06 | Dion Global

    Quarterly earnings from biggies like Reliance Industries, HUL and Wipro as well as overseas cues wo...more...

  • India and Comoros sign agreements on defe.. 11 Oct 2019 | 16:49 | Dion Global

    Vice President M Venkaiah Naidu and President of Comoros Azali Assoumani held wide ranging talks he...more...

  • Farm cooperatives can play key role in ac.. 11 Oct 2019 | 16:14 | Dion Global

    Farm and allied sector cooperatives have a huge potential to play a key role in making India a USD ...more...

  • Indian cooperatives ink pact with Sri Lan.. 11 Oct 2019 | 16:13 | Dion Global

    India, the world's largest milk producer, on Friday signed a memorandum of interest (MoI) with Sri ...more...

  • India, Thailand vow to enhance trade, inv.. 11 Oct 2019 | 10:12 | Dion Global

    India and Thailand on Thursday vowed to strengthen bilateral ties by enhancing trade and investment...more...

  • CAG forwards audit report for 2018-19 to .. 11 Oct 2019 | 09:50 | Dion Global

    The Comptroller and Auditor General of India has forwarded its audit report on the accounts of Gene...more...

  • Govt saves USD 1.54 bn in first year of f.. 11 Oct 2019 | 09:44 | Dion Global

    The government has saved USD 1.54 billion (about Rs 10,800 crore) in the first year of implementati...more...

  • After a flat Aug, hiring activity sees 8%.. 11 Oct 2019 | 09:31 | Dion Global

    Hiring activity has seen a rise of 8 per cent in September on the back of strong growth in the IT s...more...

  • Moody's cuts India GDP growth forecast to.. 10 Oct 2019 | 13:23 | Dion Global

    Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per ...more...

  • India, France to deepen defence ties; agr.. 09 Oct 2019 | 17:52 | Dion Global

    Defence minister Rajnath Singh said on Wednesday that he had "fruitful deliberations" with his Fren...more...

  • Govt increases DA by 5 percentage points .. 09 Oct 2019 | 14:55 | Dion Global

    The government on Wednesday announced the highest ever 5 percentage points increase in dearness all...more...

  • Govt extends Aadhaar seeding date for PM-.. 09 Oct 2019 | 14:51 | Dion Global

    The government on Wednesday extended Aadhaar seeding date to avail Rs 6,000 benefit under Pradhan M...more...

  • Effects of global slowdown more pronounce.. 09 Oct 2019 | 11:04 | Dion Global

    The global economy is witnessing "synchronized slowdown", which will result in slower growth for 90...more...

  • India, US should sign totalisation agreem.. 09 Oct 2019 | 09:23 | Dion Global

    Trade Promotion Council for India (TPCI) on Tuesday suggested that India and the US should sign tot...more...

  • AIIMS, health ministry launch 'eDantSeva'.. 07 Oct 2019 | 16:25 | Dion Global

    The All India Institute of Medical Sciences in collaboration with the Union Health Ministry on Mond...more...

  • Nirmala Sitharaman to inaugurate national.. 07 Oct 2019 | 09:38 | Dion Global

    Finance Minister Nirmala Sitharaman will today inaugurate the income tax department's national e-as...more...

  • RBI may cut rate by another 25 bps in Dec.. 07 Oct 2019 | 09:18 | Dion Global

    The RBI is likely to cap its record interest rate cutting sphere with another 0.25 percentage point...more...

  • FPIs pull out Rs 3,000 crore from equitie.. 07 Oct 2019 | 09:16 | Dion Global

    Foreign portfolio investors have offloaded equities worth around Rs 3,000 crore in just three tradi...more...

  • India Inc welcomes RBI move; says rate cu.. 04 Oct 2019 | 16:07 | Dion Global

    The reduction in key policy rate by the RBI is expected to revive investment and encourage consumpt...more...

  • Rate cut to boost housing demand in festi.. 04 Oct 2019 | 14:53 | Dion Global

    The RBI's decision to cut key policy rate by 25 basis points will boost consumer sentiment as well ...more...

  • RBI increases lending limit of MFIs to Rs.. 04 Oct 2019 | 14:45 | Dion Global

    The Reserve Bank of India has raised the lending cap for microfinance institutions to Rs 1.25 lakh,...more...

  • Have no reason to double govt commitment .. 04 Oct 2019 | 13:54 | Dion Global

    Governor Shaktikanta Das on Friday said the Reserve Bank has no doubt over government commitment to...more...

  • India's services sector activity contract.. 04 Oct 2019 | 13:13 | Dion Global

    The country's services sector activity contracted in September and fell to its lowest level since F...more...

  • RBI sharply cuts GDP growth forecast to 6.. 04 Oct 2019 | 13:00 | Dion Global

    The Reserve Bank on Friday sharply cut its economic growth projection for this fiscal to 6.1 per ce...more...

  • RBI cuts rates by 0.25% to support growth 04 Oct 2019 | 12:46 | Dion Global

    The Reserve Bank on Friday cut its key rates by 0.25 per cent to boost economy from six-year low sa...more...

  • Union Cabinet reviews progress of decisio.. 04 Oct 2019 | 11:05 | Dion Global

    The Union Cabinet on Thursday reviewed the progress made in the major policy decisions taken by it ...more...

  • Bharat-22 ETF: Anchor investors put in Rs.. 04 Oct 2019 | 10:20 | Dion Global

    The fourth tranche of Bharat-22 exchange traded fund received an overwhelming response from institu...more...

  • India, Bangladesh likely to sign MoU for .. 04 Oct 2019 | 09:55 | Dion Global

    India and Bangladesh are likely to sign an MoU for a new waterway to connect Gomati river in Tripur...more...

  • Interest rate on house building advance c.. 04 Oct 2019 | 09:55 | Dion Global

    The Centre has reduced the interest on House Building Advance from 8.5 per cent to 7.9 per cent for...more...

  • Indian firms raised USD 0.86 bn through 1.. 03 Oct 2019 | 16:30 | Dion Global

    Corporate India raised USD 0.86 billion (around Rs 6,000 crore) through 10 initial public offerings...more...

  • Many more structural reforms in offing to.. 03 Oct 2019 | 14:23 | Dion Global

    There will be many more structural reforms by the government in the coming days to push economy to ...more...

  • Equity, collateral root of financing defi.. 03 Oct 2019 | 14:10 | Dion Global

    Raising funds through equity and providing collateral for debt are the root cause of financing defi...more...

  • No need to panic, Indian banking system s.. 03 Oct 2019 | 10:30 | Dion Global

    The Reserve Bank has assured the general public that the Indian banking system is safe and stable a...more...

  • GST collection declines to Rs 91,916 cr i.. 01 Oct 2019 | 17:30 | Dion Global

    The Goods and Services Tax (GST) collection in September declined to Rs 91,916 crore, as against Rs...more...

  • DBS expects RBI to make 20 bps rate cut t.. 01 Oct 2019 | 14:52 | Dion Global

    The Reserve Bank of India is likely to cut repo rate this week by half of the 40 bps expected in th...more...

  • India Sep manufacturing PMI unchanged fro.. 01 Oct 2019 | 12:05 | Dion Global

    The country's manufacturing sector activity in September remained unchanged amid subdued demand con...more...

  • Indian Army to celebrate 94th Military Nu.. 01 Oct 2019 | 10:42 | Dion Global

    Ninety-fourth Raising Day of the Military Nursing Service (MNS) is to be celebrated on October 01, ...more...

  • FinMin asks HP Banks to hold camps to pro.. 01 Oct 2019 | 10:24 | Dion Global

    The banks in Himachal Pradesh will hold customer outreach programmes amid sluggish economic scenari...more...

  • Fiscal deficit reaches over 78% at Rs 5.5.. 01 Oct 2019 | 10:02 | Dion Global

    The country's fiscal deficit touched Rs 5.54 lakh crore at the end of August, which was 78.7 per ce...more...

  • Despite soaring gold import,lower crude n.. 01 Oct 2019 | 09:59 | Dion Global

    Lower crude prices and higher invisible receipts have helped the country narrow the current account...more...

  • Govt to borrow Rs 2.68 lakh cr in H2 FY20 01 Oct 2019 | 09:57 | Dion Global

    The government will borrow Rs 2.68 lakh crore in the second half of current fiscal, Economic Affair...more...

  • Centre commits Rs 560 cr to state governm.. 01 Oct 2019 | 09:53 | Dion Global

    The Centre on Monday announced a commitment of Rs 560 crore to state governments to promote demand-...more...

  • Rajnath Singh to present Raksha Mantri Ex.. 01 Oct 2019 | 09:44 | Dion Global

    One of the oldest Departments under Government of India, the Defence Accounts Department, is going ...more...

  • Core sector output declines by 0.5 per ce.. 30 Sep 2019 | 18:05 | Dion Global

    The eight core industries in August recorded a 0.5 per cent decline in output of coal, crude oil, n...more...

  • India's real GDP growth likely to be 5.2%.. 30 Sep 2019 | 17:12 | Dion Global

    India's real GDP growth for the current financial year is likely to be 5.2 per cent as muted busine...more...

  • Ram Nath Kovind, the President of India a.. 30 Sep 2019 | 16:47 | Dion Global

    Ram Nath Kovind, the President of India awarded the President’s Colours to the Corps of Army ...more...

  • RBI may go for another rate cut on Oct 4:.. 30 Sep 2019 | 10:03 | Dion Global

    The RBI may cut the key policy rate again on Friday, the fifth in row, to complement the government...more...

  • Foreign investors pour in Rs 7,714 cr int.. 30 Sep 2019 | 09:54 | Dion Global

    After remaining net sellers for the past two months, foreign investors infused a net Rs 7,714 crore...more...

  • Total government liabilities rise to Rs 8.. 27 Sep 2019 | 16:48 | Dion Global

    Total liabilities of the government increased to Rs 88.18 lakh crore at end-June 2019 from Rs 84.68...more...

  • Corporate tax cut to improve India's comp.. 27 Sep 2019 | 15:03 | Dion Global

    The steepest ever cut in tax that companies pay will improve relative competitiveness of India and ...more...

  • GST Network starts online refund processi.. 27 Sep 2019 | 08:54 | Dion Global

    GST Network, the IT backbone of the indirect tax system, on Thursday unveiled an online refund proc...more...

  • Equity market rally lifts investor wealth.. 26 Sep 2019 | 17:22 | Dion Global

    Investors became richer by Rs 1.57 lakh crore on Thursday as nearly 400 points rally in the BSE Sen...more...

  • India rises 4 places to 44th rank in worl.. 26 Sep 2019 | 17:20 | Dion Global

    India has advanced four places to 44th position in terms of digital competitiveness in the world as...more...

  • Corp tax cuts may bolster growth eventual.. 26 Sep 2019 | 17:18 | Dion Global

    Fitch Ratings on Thursday said the steep cut in tax paid by companies may stimulate investments and...more...

  • Corp tax reduction to boost growth, inves.. 26 Sep 2019 | 16:21 | Dion Global

    The government decision to cut corporate tax will boost growth and investment in the country, Minis...more...

  • Indian economy to start recovering from l.. 26 Sep 2019 | 15:38 | Dion Global

    The Indian economy is expected to start its recovery from later part of this fiscal thanks to the i...more...

  • PM Modi announces USD 14 mn grant, USD 15.. 26 Sep 2019 | 14:14 | Dion Global

    Prime Minister Narendra Modi announced a USD 14-million grant for community development projects in...more...

  • Take advantage of golden opportunity, inv.. 26 Sep 2019 | 12:07 | Dion Global

    Prime Minister Narendra Modi on Wednesday invited global businesses to invest in India, saying hist...more...

  • Investor wealth drops by Rs 1.84 lakh cr .. 25 Sep 2019 | 17:35 | Dion Global

    Investors saw their wealth plunge by Rs 1.84 lakh crore on Wednesday following heavy losses in the ...more...

  • Govt to set up dedicated unit for effecti.. 25 Sep 2019 | 12:09 | Dion Global

    The government has proposed to set up a dedicated unit to effectively monitor the implementation of...more...

  • ADB sharply cuts India's GDP growth forec.. 25 Sep 2019 | 10:28 | Dion Global

    The Asian Development Bank on Wednesday sharply cut India's growth forecast to 6.5 per cent for the...more...

  • Labour Min notifies 8.65% interest rate o.. 25 Sep 2019 | 10:23 | Dion Global

    The Labour Ministry has notified 8.65 per cent interest rate on employees provident fund for 2018-1...more...

  • Govt needs to exempt tax on interest earn.. 25 Sep 2019 | 10:08 | Dion Global

    In view of the declining interest scenario, the government should consider exempting interest earne...more...

  • Govt reviewing 59-minute loan scheme to m.. 24 Sep 2019 | 17:31 | Dion Global

    The government is reviewing the ambitious 59-minute loan scheme to make it more effective, MSME Min...more...

  • Infosys, TCS, HDFC among 17 Indian firms .. 24 Sep 2019 | 16:02 | Dion Global

    As many as 17 Indian companies, including Infosys, TCS and HDFC, have been named in the list of Wor...more...

  • Group of IAS Officers of 2017 Batch call .. 24 Sep 2019 | 16:01 | Dion Global

    IAS officers of the 2017 batch, currently attached to different Ministries and Departments of the G...more...

  • Election Commission of India appoints 2 S.. 24 Sep 2019 | 16:01 | Dion Global

    As per the powers conferred on it under Article 324 of the Constitution and Section 20B of The Repr...more...

  • India, UAE discuss areas of cooperation t.. 24 Sep 2019 | 10:01 | Dion Global

    India and the UAE have discussed areas of cooperation in various sectors, including civil aviation ...more...

  • EAC-PM welcomes steps taken by Finance Mi.. 23 Sep 2019 | 17:29 | Dion Global

    Nirmala Sitaraman, the Union Minister for Finance & Corporate Affairs, made path breaking announcem...more...

  • Govt estimates kharif crop output at 140... 23 Sep 2019 | 16:50 | Dion Global

    The country's foodgrain production is estimated slightly lower at 140.57 million tonnes in the khar...more...

  • Raksha Mantri urges media to stay sensiti.. 23 Sep 2019 | 15:12 | Dion Global

    Shripad Naik, Raksha Rajya Mantri has called upon media to remain sensitive towards the national se...more...

  • Investor wealth zooms Rs 10.50 lakh cr in.. 23 Sep 2019 | 12:24 | Dion Global

    Investor wealth continued to soar for the second consecutive day on Monday, rising by Rs 10.50 lakh...more...

  • FPIs withdraw Rs 4,193 crore from capital.. 23 Sep 2019 | 11:37 | Dion Global

    Foreign investors have pulled out a net sum of Rs 4,193 crore from the Indian capital markets in Se...more...

  • Top 1,000 listed firms may see tax saving.. 23 Sep 2019 | 11:25 | Dion Global

    CRISIL Research on Sunday said top 1,000 listed companies could see tax savings of Rs 37,000 crore ...more...

  • Healthcare industry welcomes govt's decis.. 20 Sep 2019 | 15:12 | Dion Global

    Healthcare industry on Friday welcomed the government's decision to slash corporate tax, and said r...more...

  • National Highways Authority of India bid .. 20 Sep 2019 | 15:09 | Dion Global

    The National Highways Authority of India (NHAI) has identified various stretches on pan India basis...more...

  • India needs skill policy for every state;.. 20 Sep 2019 | 14:42 | Dion Global

    Measures such as formulating skill policy for every state, creation of centre for excellence and si...more...

  • Decision to slash corporate tax rate to a.. 20 Sep 2019 | 14:42 | Dion Global

    The government's decision to slash corporate tax rate for companies will boost investors sentiments...more...

  • Govt slashes corporate tax to 25.17% for .. 20 Sep 2019 | 13:36 | Dion Global

    In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 per ce...more...

  • Home Minister to chair 29th Meeting of th.. 20 Sep 2019 | 11:38 | Dion Global

    Amit Shah, the Union Minister for Home Affairs, will be chairing the 29th meeting of the Northern Z...more...

  • VP interacts with High School Students ab.. 20 Sep 2019 | 11:36 | Dion Global

    M. Venkaiah Naidu, the Vice President of India, has called upon students, teachers and all educatio...more...

  • Investor wealth erodes by Rs 1.65 lakh cr.. 20 Sep 2019 | 10:37 | Dion Global

    Investor wealth dropped by Rs 1.65 lakh crore on Thursday as equities witnessed a heavy sell-off, w...more...

  • Factory investment at 3-year low of Rs 3... 20 Sep 2019 | 09:57 | Dion Global

    Factory investment in 2017-18 hit a three-year low of Rs 3.31 lakh crore in actual terms, according...more...

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