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Economy News

  • Govt raises Rs 11,500 cr from strategic s.. 27 Mar 2020 | 16:42 | Dion Global

    The government has raised Rs 11,500 crore through strategic sale of two state-run power companies, ...more...

  • Intensity, duration of COVID-19 to determ.. 27 Mar 2020 | 14:58 | Dion Global

    The RBI on Friday said the impact of coronavirus outbreak on the economy will depend on the intensi...more...

  • Slashed interest rate needs quick transmi.. 27 Mar 2020 | 14:08 | Dion Global

    Finance Minister Nirmala Sitharaman on Friday asked banks for "quick transmission" of slashed inter...more...

  • RBI Guv exhorts people to go digital amid.. 27 Mar 2020 | 13:18 | Dion Global

    RBI Governor Shaktikanta Das on Friday nudged all to promote digital transaction amid the heavy bea...more...

  • 'RBI measures will boost economic activit.. 27 Mar 2020 | 13:15 | Dion Global

    Union minister Prakash Javadekar on Friday said the RBI's measures to help businesses tide over the...more...

  • 'RBI measures will boost economic activit.. 27 Mar 2020 | 13:14 | Dion Global

    Union minister Prakash Javadekar on Friday said the RBI's measures to help businesses tide over the...more...

  • RBI to infuse Rs 3.74 lakh cr liquidity i.. 27 Mar 2020 | 11:47 | Dion Global

    Reserve Bank Governor Shaktikanta Das on Friday said about Rs 3.74 lakh crore liquidity on aggregat...more...

  • EMIs put on hold, big-bang interest rate .. 27 Mar 2020 | 11:40 | Dion Global

    The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate...more...

  • Financial package will go a long way in e.. 27 Mar 2020 | 10:11 | Dion Global

    Prime Minister Narendra Modi on Thursday said the financial package announced by his government to ...more...

  • Industry welcomes stimulus measures for p.. 27 Mar 2020 | 09:49 | Dion Global

    India Inc welcomed the Rs 1.70 lakh crore relief package for the poor and most vulnerable sections ...more...

  • 64% of Indian businesses ready to tackle .. 26 Mar 2020 | 17:55 | Dion Global

    When the world is fighting the coronavirus pandemic, 64 per cent businesses in India said they are ...more...

  • Mega bank consolidation on track; to take.. 26 Mar 2020 | 16:57 | Dion Global

    The government on Thursday said the mega bank consolidation plan is very much on track and will tak...more...

  • Govt to transfer Rs 2,000 under PM-KISAN .. 26 Mar 2020 | 15:07 | Dion Global

    To provide relief to farmers affected due to the lockdown, the Centre on Thursday said it will tran...more...

  • Govt to provide 5 kg grains, 1 kg pulses .. 26 Mar 2020 | 14:13 | Dion Global

    Finance Minister Nirmala Sitharaman on Thursday announced 5 kg of wheat or rice and one kg of prefe...more...

  • FM to announce economic package soon to d.. 26 Mar 2020 | 13:12 | Dion Global

    Finance Minister Nirmala Sitharaman will soon announce a comprehensive package to deal with coronav...more...

  • Coronavirus to impact India's economic gr.. 26 Mar 2020 | 13:11 | Dion Global

    Coronavirus will impact India's economic growth "severely", as the COVID-19 lockdown is causing sig...more...

  • Banks asset quality may take further hit .. 26 Mar 2020 | 12:32 | Dion Global

    The outbreak of COVID-19 and continued slowdown in the economy are likely to have an impact on bank...more...

  • Cabinet nod for supply of 2kg extra subsi.. 25 Mar 2020 | 16:43 | Dion Global

    To ensure sufficient supply during the lockdown, the government on Thursday decided to increase mon...more...

  • Pvt security cos to back PM's call to sup.. 25 Mar 2020 | 15:11 | Dion Global

    The private security industry, which employs 50 lakh people, has resolved to fully back Prime Minis...more...

  • Permit app-based cabs to work as delivery.. 25 Mar 2020 | 15:10 | Dion Global

    Amid nationwide lockdown,industry body Assocham has urged that app-based cabs be permitted to opera...more...

  • Experts peg India's cost of COVID-19 lock.. 25 Mar 2020 | 11:22 | Dion Global

    Pegging the cost of the COVID-19 lockdown at USD 120 billion (approximately Rs 9 lakh crore) or 4 p...more...

  • Centre has made provision of Rs 15,000 cr.. 25 Mar 2020 | 11:21 | Dion Global

    Underlining that health services should be the only priority of state governments at this time, Pri...more...

  • Govt extends tax deadlines, waives ATM ch.. 24 Mar 2020 | 17:57 | Dion Global

    The government on Tuesday extended the deadline for filing income tax and GST returns, raised thres...more...

  • Finance ministry and regulators monitorin.. 24 Mar 2020 | 15:54 | Dion Global

    Finance Minister Nirmala Sitharaman on Tuesday said regulators and her ministry are monitoring deve...more...

  • Govt extends GST filing deadline in view .. 24 Mar 2020 | 15:14 | Dion Global

    Finance Minister Nirmala Sitharaman on Tuesday extended the deadline for filing GST returns for Mar...more...

  • Companies' expenditure to tackle COVID-19.. 24 Mar 2020 | 10:01 | Dion Global

    Spending by corporates to deal with the coronavirus outbreak will be considered as CSR activity und...more...

  • Companies' spending to tackle COVID-19 to.. 23 Mar 2020 | 17:52 | Dion Global

    Companies' expenditure to deal with the coronavirus outbreak will be considered as CSR activities, ...more...

  • Investor wealth plummets over Rs 10 lakh .. 23 Mar 2020 | 13:10 | Dion Global

    Investor wealth plummeted by over Rs 10 lakh crore in the first hour of trade on Monday as the equi...more...

  • Fitch cuts India growth to 5.1% for FY'21.. 20 Mar 2020 | 15:32 | Dion Global

    Fitch Ratings on Friday cut India growth forecast to 5.1 per cent for FY 2020-21, saying supply cha...more...

  • Govt directs PSUs to enforce work from ho.. 20 Mar 2020 | 15:23 | Dion Global

    The government has directed all central public sector undertakings to enforce work from home for ha...more...

  • Govt notifies rules, forms for Vivad Se V.. 20 Mar 2020 | 09:28 | Dion Global

    The government has notified the rules and online forms to be filled by taxpayers for availing the d...more...

  • Sebi gives 45-day relaxation to cos for f.. 19 Mar 2020 | 14:40 | Dion Global

    Markets regulator Sebi on Thursday gave relaxation of 45 days to companies for filing fourth quarte...more...

  • RBI to inject Rs 10,000 cr liquidity into.. 19 Mar 2020 | 12:00 | Dion Global

    The Reserve Bank will inject liquidity of Rs 10,000 crore through open market operations on Friday ...more...

  • Govt liabilities at Rs 93.89 lakh crore a.. 19 Mar 2020 | 09:38 | Dion Global

    Total liabilities of the government increased to Rs 93.89 lakh crore at the end of December 2019, u...more...

  • Govt may cut rate on small savings scheme.. 18 Mar 2020 | 16:00 | Dion Global

    The government is considering rate moderation for small savings schemes in the upcoming quarter, a ...more...

  • BofA cuts Mar qtr growth forecast to 4% o.. 18 Mar 2020 | 15:15 | Dion Global

    Wall Street brokerage Bank of America Securities has cut its March quarter growth forecast by 30 bp...more...

  • PM-KISAN scheme being implemented across .. 17 Mar 2020 | 15:35 | Dion Global

    The Pradhan Mantri Kisan Samman Nidhi Yojana (PMKSNY) has been implemented successfully across the ...more...

  • Share of Indian vendors in defence contra.. 17 Mar 2020 | 11:16 | Dion Global

    The share of Indian companies in contracts awarded by the Union Defence Ministry for procurement of...more...

  • Investors get poorer by Rs 7.62 lakh cr a.. 17 Mar 2020 | 09:38 | Dion Global

    Investors' wealth eroded by Rs 7.62 lakh crore on Monday as markets witnessed yet another sharp fal...more...

  • RBI hints at rate cut in April 3 policy m.. 16 Mar 2020 | 17:25 | Dion Global

    The Reserve Bank on Monday hinted at a rate cut at the next Monetary Policy Committee (MPC) meet on...more...

  • 'Don't miss the March 31 deadline': I-T D.. 16 Mar 2020 | 17:17 | Dion Global

    The Income Tax Department on Monday issued a public message saying it was "mandatory" to link PAN w...more...

  • Govt taking steps to minimise disputes re.. 16 Mar 2020 | 15:19 | Dion Global

    The government is trying to minimise disputes pertaining to promotion, pension and service matters ...more...

  • Covid-19 panic: RBI Gov to hold presser a.. 16 Mar 2020 | 15:06 | Dion Global

    Reserve Bank of India governor Shaktikanta Das is holding a press conference at 4 pm on Monday as m...more...

  • Wholesale inflation eases to 2.26 pc in F.. 16 Mar 2020 | 14:19 | Dion Global

    Wholesale price index (WPI) based inflation softened to 2.26 per cent in February on the back of ch...more...

  • Indian retail reels under coronavirus con.. 16 Mar 2020 | 13:03 | Dion Global

    Amid the rising number of coronavirus cases in the country, the order of closure of malls and multi...more...

  • Investor wealth erodes by Rs 6.25 lakh cr.. 16 Mar 2020 | 10:59 | Dion Global

    Investor wealth worth Rs 6.25 lakh crore was wiped off in early morning trade on Monday as markets ...more...

  • Cabinet approves reconstruction scheme fo.. 13 Mar 2020 | 16:26 | Dion Global

    The Union Cabinet on Friday approved reconstruction scheme for Yes Bank under which SBI will acquir...more...

  • Cabinet clears 4% DA hike for central gov.. 13 Mar 2020 | 16:12 | Dion Global

    The Union Cabinet on Friday approved 4 per cent hike in dearness allowance (DA) to 21 per cent for ...more...

  • Rs 1.83 Lakh cr spent on MNREGA in 2017-2.. 13 Mar 2020 | 15:50 | Dion Global

    Expenditure under MNREGA almost doubled to Rs 1.83 lakh crore during 2017-18 to 2019-20 as compared...more...

  • Govt, RBI to take all necessary steps to .. 13 Mar 2020 | 15:20 | Dion Global

    The government and the RBI will take all necessary steps to quell the "fear sentiment" created due ...more...

  • Current account deficit narrows sharply t.. 13 Mar 2020 | 10:50 | Dion Global

    The country's current account deficit (CAD) narrowed sharply to USD 1.4 billion, or 0.2 per cent of...more...

  • Nasscom urges govt to ease restrictions o.. 13 Mar 2020 | 09:20 | Dion Global

    IT industry body Nasscom has urged the government to relax restrictions regarding allowing employee...more...

  • Retail inflation eases to 6.58 pc in Feb 12 Mar 2020 | 18:36 | Dion Global

    Retail inflation slowed to 6.58 per cent in February over the previous month mainly due to easing f...more...

  • ADB to give USD 200 mn to companies manuf.. 12 Mar 2020 | 14:44 | Dion Global

    The Asian Development Bank (ADB) on Thursday said it will provide USD 200 million (about Rs 1,480 c...more...

  • RBI continues to be net purchaser of doll.. 12 Mar 2020 | 09:30 | Dion Global

    The Reserve Bank of India (RBI) continued to be a net purchaser of the US dollar after it bought US...more...

  • Investors to submit form to brokers for r.. 11 Mar 2020 | 18:33 | Dion Global

    Markets regulator Sebi on Wednesday said investors need to submit an appropriate e-mail address to ...more...

  • RBI gets bids worth Rs 48,856 crore for R.. 09 Mar 2020 | 17:53 | Dion Global

    The Reserve Bank of India on Monday said it has received Rs 48,856 crore of bids in the fourth long...more...

  • Depositors' money safe in banks, concerns.. 09 Mar 2020 | 09:19 | Dion Global

    Allaying concerns raised by many after Yes Bank fiasco, the Reserve Bank on Sunday reiterated that ...more...

  • Investors poorer by Rs 3.85 lakh cr in ma.. 06 Mar 2020 | 15:14 | Dion Global

    A sharp plunge in the equity market made investors poorer by Rs 3.85 lakh crore on Friday as the BS...more...

  • Maha's economy to grow at 5.7% in 2019-20.. 06 Mar 2020 | 09:02 | Dion Global

    Maharashtra's economy is expected to grow at 5.7 per cent during 2019-20, marginally down from the ...more...

  • Himachal Pradesh economy to grow 5.6 pc i.. 05 Mar 2020 | 15:53 | Dion Global

    Himachal Pradesh is expected to grow at a slower pace of 5.6 per cent in 2019-20 as compared to 7.1...more...

  • Govt approves 72 changes to companies law.. 05 Mar 2020 | 11:55 | Dion Global

    Aiming further improvement in ease of doing business, the Cabinet on Wednesday approved 72 changes ...more...

  • Cabinet clears proposal for direct overse.. 05 Mar 2020 | 11:44 | Dion Global

    In a significant move, the Cabinet on Wednesday approved a proposal to allow direct listing of Indi...more...

  • India's services sector growth hits seven.. 04 Mar 2020 | 13:32 | Dion Global

    Marking its quickest rise in over seven years, India's services sector activity expanded for the fi...more...

  • Banks, select FIs report frauds worth Rs .. 03 Mar 2020 | 18:21 | Dion Global

    The government on Tuesday said banks and select financial institutions have reported frauds of over...more...

  • FDI inflow dips 1.4 pc to USD 10.67 bn in.. 03 Mar 2020 | 17:19 | Dion Global

    Foreign direct investment into India dipped marginally by 1.4 per cent to USD 10.67 billion (about ...more...

  • Rs 16,712 cr loan sanctioned to women und.. 03 Mar 2020 | 14:20 | Dion Global

    Women account for over 81 per cent of the total beneficiaries under the 'Stand Up India' scheme wit...more...

  • New scheme for entrepreneurship developme.. 03 Mar 2020 | 11:43 | Dion Global

    The MSME Ministry will soon announce a new scheme on entrepreneurship and skill training for disabl...more...

  • OECD lowers India's FY21 GDP growth to 5... 03 Mar 2020 | 11:33 | Dion Global

    Global agency OECD on Monday lowered its India's GDP growth forecast to 5.1 per cent from the earli...more...

  • Govt to allow onion export from Mar 15 02 Mar 2020 | 18:28 | Dion Global

    The government will allow export of onions from March 15 in the interest of farmers, Commerce and I...more...

  • 6.35 cr ITRs e-filed till mid-Feb in FY20 02 Mar 2020 | 18:26 | Dion Global

    As many as 6.35 crore income tax returns have been filed electronically till mid February this fisc...more...

  • Vivaad Se Vishwas scheme to help save tim.. 02 Mar 2020 | 17:37 | Dion Global

    Finance Minister Nirmala Sitharaman on Monday said the direct tax dispute resolution scheme announc...more...

  • India's mfg activity eases marginally in .. 02 Mar 2020 | 11:55 | Dion Global

    The country's manufacturing sector activity eased in February from a near eight-year high in the pr...more...

  • FPIs invest Rs 6,554 cr in markets in Feb.. 02 Mar 2020 | 11:01 | Dion Global

    Overseas investors invested only Rs 6,554 crore in Indian markets on net basis in February, as they...more...

  • Bank credit growth dips to 8.5% in Januar.. 02 Mar 2020 | 10:58 | Dion Global

    Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period le...more...

  • Govt's monthly GST lottery scheme to curb.. 02 Mar 2020 | 10:56 | Dion Global

    The government is planning to launch lottery offer under the Goods and Services Tax (GST) from Apri...more...

  • GST collections at Rs 1.05 trn in Feb, up.. 02 Mar 2020 | 10:55 | Dion Global

    The government has collected Rs 1.05 trillion as GST revenue in February, up 8 per cent over the sa...more...

  • GDP growth slows to 5-quarter low of 6.6%.. 02 Mar 2020 | 09:46 | Dion Global

    India's economic growth slipped to a 5-quarter low of 6.6 per cent in October-December period of 20...more...

  • ICEA urges states not to support any prop.. 20 Feb 2020 | 12:03 | Dion Global

    India Cellular and Electronics Association (ICEA), the apex body for mobile and electronics industr...more...

  • Over 28,000 start-ups registered with DPI.. 20 Feb 2020 | 11:42 | Dion Global

    Over 28,000 start-ups are registered with the Department for Promotion of Industry and Internal Tra...more...

  • Cabinet approves signing of updated AIFMD.. 20 Feb 2020 | 11:40 | Dion Global

    The government on Wednesday approved signing of updated Alternative Investment Fund Managers Direct...more...

  • Interest subvention for dairy farmers rai.. 20 Feb 2020 | 09:34 | Dion Global

    The government on Wednesday increased the interest subvention or subsidy on loans given to the dair...more...

  • Govt to formulate national action plan on.. 20 Feb 2020 | 09:30 | Dion Global

    The Corporate Affairs Ministry is undertaking "rigorous consultations" with stakeholders for formul...more...

  • India Inc to offer double-digit salary hi.. 19 Feb 2020 | 17:40 | Dion Global

    Corporate India is expected to roll double-digit salary hike this appraisal season and the average ...more...

  • Financial institutions may continue to fa.. 19 Feb 2020 | 17:22 | Dion Global

    With deceleration in growth and tight liquidity conditions, the country's financial institution sec...more...

  • Govt approves changes in PMFBY to make it.. 19 Feb 2020 | 17:18 | Dion Global

    The government on Wednesday approved major changes in the Pradhan Mantri Fasal Bima Yojana (PMFBY) ...more...

  • Govt approves Rs 4,558 cr scheme for the .. 19 Feb 2020 | 16:21 | Dion Global

    The government on Wednesday approved a Rs 4,558-crore scheme to promote the dairy sector which will...more...

  • Union Cabinet approves creation of 22nd L.. 19 Feb 2020 | 16:20 | Dion Global

    The Union Cabinet on Wednesday approved the creation of the 22nd Law Commission, which advises the ...more...

  • RBI Governor says no reason to doubt govt.. 19 Feb 2020 | 11:25 | Dion Global

    Throwing his weight behind Finance Minister Nirmala Sitharaman's budget numbers, Reserve Bank Gover...more...

  • Women entrepreneurs can generate 150-170 .. 19 Feb 2020 | 11:20 | Dion Global

    Women in entrepreneurship can generate transformational employment in India and generate 150170 mil...more...

  • Govt pegs wheat output at record 106.21 m.. 19 Feb 2020 | 10:56 | Dion Global

    India is set to harvest a record 106.21 million tonne wheat in 2019-20 crop year on increase in acr...more...

  • Govt to soon announce measures to deal wi.. 19 Feb 2020 | 09:39 | Dion Global

    The government will soon announce measures to deal with the impact of Coronavirus outbreak on the d...more...

  • Moody's lowers Apac growth forecast to 5... 18 Feb 2020 | 17:51 | Dion Global

    Moody's on Tuesday lowered growth forecast for the Asia-Pacific (Apac) region to 5.2 per cent for 2...more...

  • Create more awareness about PMFBY: Centre.. 18 Feb 2020 | 12:25 | Dion Global

    The Centre on Monday appealed all stakeholders to create awareness among farmers about central sche...more...

  • RBI gets Rs 1.94 lakh cr bids for maiden .. 18 Feb 2020 | 11:02 | Dion Global

    The Reserve Bank on Monday successfully kicked off the maiden long-term reverse repo operation (LTR...more...

  • Payment of AGR dues to bring down fiscal .. 17 Feb 2020 | 17:52 | Dion Global

    Payment of adjusted gross revenue dues of Rs 1.20 lakh crore by telcos will reduce the fiscal defic...more...

  • Govt working to boost rural economy: Kovi.. 17 Feb 2020 | 16:38 | Dion Global

    President Ram Nath Kovind on Monday said the NDA government is taking several steps to strengthen t...more...

  • Moody's cuts India growth projection to 5.. 17 Feb 2020 | 12:39 | Dion Global

    Moody's Investors Service on Monday slashed India's growth forecast to 5.4 per cent for 2020 from 6...more...

  • PM launches, lays foundation of 50 projec.. 17 Feb 2020 | 10:20 | Dion Global

    Prime Minister Narendra Modi on Sunday launched or laid foundation of 50 projects worth Rs 1,254 cr...more...

  • Global trends to dictate markets in holid.. 17 Feb 2020 | 10:12 | Dion Global

    With no key events due in a holiday-shortened week, markets would take cues from global trends and ...more...

DOW Jones21636.78-4.06%
Nasdaq7502.38-3.79%
S&P 5002541.47-3.37%
Nikkei 22519389.433.88%
Hang Seng23484.280.56%
Shanghai Composite2772.20.26%
Sensex29815.59-0.44%
NSE Index8660.250.21%
BSE 100LCTMC3158.45-0.37%
BSE Auto 11223.81-2.35%
BSE CARBONEX1391.76-0.34%
BSE CPSE 842.810.85%

Commodity

Gold409890.00%
Silver368710.00%
Copper388.3-4.78%
Crude Oil1700-8.85%
Lead141.65.36%
Mentha Oil1295.10.00%
Nickel89216.31%

Currency

USD/INR 75.12(-0.15 %)
GBP/INR 93.45(4.97 %)
EUR/INR 83.41(1.66 %)
JPY/INR 0.70(2.44 %)
CAD/INR 53.79(1.98 %)
HKD/INR 9.69(-1.32 %)

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