Economy News

Income tax scrutiny made online: Get all the details here

As per the new process, individuals under tax scrutiny are required to submit the responses along with attachments and evidences on the e-filing portal through the 'E-proceeding' function.

Feb 13, 2018

IndoStar Capital plans IPO to raise Rs 2,000 crore

The IndoStar Capital Finance is planning to raise an estimated Rs 2,000 crore through the public offering.

Feb 12, 2018

fuel prices in india, daily petrol price, daily diesel price, diesel price, petrol price, omcs, modi govt, daily fuel price

Petrol and diesel prices drop in India for 5th consecutive day

The fuel prices continued to fall for the fifth straight day in India after touching a peak on February 6.

Feb 12, 2018

Is SBI not telling you something about its bad loans?

SBI on Friday said an audit by the Reserve Bank of India showed bad loans was about Rs 23,239 crore higher than what it reported earlier.

Feb 12, 2018

sensex at all time high, sensex at new high, indian stock markets, djia at record high, djia makes history

Market's TINA moment: There's no alternative to a crash

The P/E ratio of Sensex stocks was near the dangerous 2008 levels while the ratio of corporate profits to GDP has been low.

Feb 9, 2018

itc share price, gst laws cleared, gst bills in parliament, buzzing stocks, nifty closes at all-time high, sensex gainers, usd vs inr, india forex reserves

This analyst believes India will decouple from U.S. market in 2-3 months

U.S. selloff is unlikely to have a bearing on the emerging markets, which will outperform in medium and long-term.

Feb 9, 2018

greyorange robots, greyorange butler robots, robots in japan, Nitori Holdings, nitori home furnishings

Automation to steal 30% of jobs by mid-2030: Women, ethnic minorities to be worst affected

Women and ethnic minorities who work in the low-skilled jobs will be hit first by the automation, predicts a study conducted by PricewaterhouseCoopers (PWC).

Feb 9, 2018

Banks set to raise lending rates, should you be worried?

The hike in lending rates comes just days after the Reserve Bank of India left its key policy rate unchanged to "carefully" nurture economic growth.

Feb 9, 2018

indian it companies, it hiring, it jobs, recruitment in it companies, infosys hiring, infosys vishal sikka, tcs hiring, h1b visa, h1 b visa, donald trump, hcl tech

Attention techies, these 15 companies are barred from applying for H-1B visas

The United States Department of Labor recently released a list of 15 employers who cannot apply for H1-B visas, which are much-sought-after by techies all around the world, including India.

Feb 8, 2018

Cryptocurrency boom: Meet the top 10 virtual currency billionaires in the world

Here are the top-ten richest people in the cryptocurrency world listed by Forbes.

Feb 8, 2018

Mutual fund inflows see best January since 2015

The latest inflow has been mainly driven by contributions from liquid or money market funds, and equity, equity-linked saving schemes.

Feb 8, 2018

Government planning to link driving licence to Aadhaar: report

A software to link Aadhar to driving licences and connect all states real-time is being developed, a court-appointed panel has said.

Feb 8, 2018

rbi, rbi mpc meeting, rbi bi monthly meeting on april 6, sensex reacts to monetary review meeting, rbi growth projections, rbi governor urjit patel

RBI policy says much without doing much; worries around inflation

From the language of this policy, market experts believe that the central bank will hold interest rates at least at the next two monetary policy committee meetings.

Feb 8, 2018