Economy News

Indian export to US increased by $755 million due to trade war with China: Report

Trade diversion effects for India were smaller compared some other countries, "but still substantial".

Nov 6, 2019

Here's why Indian government is mooting ten mega parks near ports

In the latest global competitiveness report, India slipped ten places to get 68th rank.

Nov 5, 2019

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex crosses 40,400 to hit record high; Nifty above 11,900

The Sensex gained for the seventh straight session over the strong inflow of foreign funds and better than expected earnings post the corporate tax cut.

Nov 4, 2019

SBI to auction NPAs worth Rs 700 crore in November to recover dues

There will be three auctions in the month and the total amount outstanding is Rs 700.34 crore, according to SBI's auction plan.

Nov 4, 2019

Jet Airways threatened with bankruptcy proceedings

Jet Airways grounded but still flying on bourses, up 44% in 9 days

The stock, which could be out of most investors' portfolios by now, steadily gained nearly 45 per cent in just the past nine trading sessions, surprising analysts and investors alike.

Nov 2, 2019

Sensex hits record high, surpasses 40,260, Nifty tops 11,900

Indian shares have seen steady gains in the last few sessions buoyed by positive global cues.

Oct 31, 2019

Mukesh Ambani confirms India's economic slowdown temporary, reforms undertaken to reverse trend

Mukesh Ambani stated that the reforms undertaken by Prime Minister Narendra Modi's government since August will bear fruits in the next few quarters.

Oct 30, 2019

Why did RBI slap Rs 1 crore penalty on Bandhan Bank?

Bandhan Bank was required to bring down the shareholding of its "non-operative financial holding company" to 40 per cent of its paid-up equity capital within three years from the date of start of business.

Oct 30, 2019

Air India Airbus A320 passenger aircraft.

Air India divestment: Will India allow 100% foreign ownership to attract buyers?

DPIIT and the aviation ministry exploring options including easing of FDI norms to attract bidders for Air India after last attempt's failure

Oct 29, 2019

More sectors to be brought under subsidised UDAN regional connectivity scheme

Airport Authority of India may announce more subsidised flights to revive unserved and underserved sectors under Prime Minister Modi's UDAN programme; there are already more than 600 regional connectivity routes served under the scheme.

Oct 28, 2019

What is RCEP? Will it be bad for economy like demonetisation, GST as some think?

China-led, 16-member RCEP is an expansion of the 10-member Asean by taking in the Asian bloc's free trade partners; the RECP is expected to cover about 3.4 bn population and $49.5 trn GDP (PPP) marking 39.5% of the global economy.

Oct 26, 2019

India rises up 14 ranks to 63rd place in World Bank 'Doing Business' list

The report stated that starting a business in India has been made easier by abolishing filing fees for the Simplified Proforma for Incorporating a Company Electronically (SPICE), electronic memorandum of association, and articles of association.

Oct 24, 2019

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Uber CEO Khosrowshahi urges Indians to shun car ownership 'trap' unlike in the developed world and support innovation and new technologies; Sitharaman had suggested auto sector slowdown in part is because of ride-hailing apps like Uber and Ola.

Oct 23, 2019

Big bonanza for farmers: Govt hikes MSP for rabi crops from 50% to 109%

In a bid to increase farmers' income, the decision was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.

Oct 23, 2019

Auto companies aid Sensex in finishing in the green

The benchmark Sensex closed 94.99 points higher at 39,058.83 after logging an intra-day high of 39,196.67 and a low of 38,866.08. The broader Nifty ended at 11,604.10, gaining 15.75 points.

Oct 23, 2019

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Economy News

Indian export to US increased by $755 million due to trade war with China: Report

Here's why Indian government is mooting ten mega parks near ports

Market today: Sensex crosses 40,400 to hit record high; Nifty above 11,900

SBI to auction NPAs worth Rs 700 crore in November to recover dues

Jet Airways grounded but still flying on bourses, up 44% in 9 days

Sensex hits record high, surpasses 40,260, Nifty tops 11,900

Mukesh Ambani confirms India's economic slowdown temporary, reforms undertaken to reverse trend

Why did RBI slap Rs 1 crore penalty on Bandhan Bank?

Air India divestment: Will India allow 100% foreign ownership to attract buyers?

More sectors to be brought under subsidised UDAN regional connectivity scheme

What is RCEP? Will it be bad for economy like demonetisation, GST as some think?

India rises up 14 ranks to 63rd place in World Bank 'Doing Business' list

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Big bonanza for farmers: Govt hikes MSP for rabi crops from 50% to 109%

Auto companies aid Sensex in finishing in the green

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react