Economy News

Gujarat election result 2017: Modi will shun economic reforms and play populist card in the run-up to 2019

Union Budget 2018 may see a softening of the reform drive and a focus on social spending

Dec 18, 2017

Car manufacturers want 2 GST rates for passenger vehicles in Budget 2018

The industry has suggested the government to tax used vehicles at 5 percent GST on the differential value between sale and purchase price of the used cars.

Dec 17, 2017

15 companies that have survived over 100 years in India [VIDEO]

From India's independence struggle to economic liberalisation, these handful of Indian companies have stood the test of time.

Dec 16, 2017

Infrastructure, bank clean-up top priorities for govt, says Arun Jaitley

One of the major economic reforms undertaken by the NDA government was when in October, the Centre announced Rs 2.11 lakh crore mega bank recapitalisation plan for the public sector banks.

Dec 15, 2017

India's first employment policy in next Budget? All you need to know

The policy will ensure a significant shift from informal to formal jobs.

Dec 15, 2017

Income inequality in India widens; top 10% earns 55% of country's income: World Inequality Report

The report also stated that in India rise in income inequality has been more gradual since 1980.

Dec 14, 2017

WPI inflation reaches 8-month high of 3.93% in November on mounting food prices

It is the highest wholesale inflation since March.

Dec 14, 2017

PM Modi promises jobs; assures help to small and medium businesses

PM Modi said that his government has already brought in 87 reforms in 21 sectors since it took office in May 2014.

Dec 14, 2017

India's current account deficit widens to $7.2 billion in September quarter on rising imports

Analysts also expect CAD to further widen and end the fiscal year ending in March at 1.7-2.0 percent of GDP.

Dec 14, 2017

November inflation rises to 15-month high of 4.88%, breaching RBI mid-term ceiling

India's retail inflation in November breached the Reserve Bank of India's medium-term target of 4 percent.

Dec 12, 2017

Hiring sentiment in India rises for Q1 2018 from last quarter : Survey

The survey points out that hiring intention remain positive in various sectors for the January-March period.

Dec 12, 2017

India's GDP growth set to rise 7.2 percent in 2018, 7.4 percent in 2019: UN report

But, the report also pointed out that the performance of private investment remains a key macroeconomic issue.

Dec 12, 2017

Here's to a happy new year! Employees in India to get about 15% hike in 2018

Employees in India are likely to see a 10-15 percent hike in the new year as the economy is likely to shed of demonetisation woes and other issues such as automation.

Dec 11, 2017

Morgan Stanley expects India's GDP growth to accelerate to 7.5 percent in 2018

India's private capital spending and demand conditions are gradually recovering after the new tax regime and cash ban had disrupted economic growth for a short term.

Dec 8, 2017

Fake Rs 2,000 note was out within 53 days of demonetisation!

In just 53 days between November 8 and December 31 last year, police and other government agencies seized 2,272 fake Rs 2,000 notes -- at a time when people across the country were struggling to get hold of the new currency.

Dec 7, 2017