Economy News

bse, stock markets, stock broker, indian stock markets, bse sensex, nse nifty

Markets cheer Moody's decision to upgrade India's credit rating

Sensex and Nifty gained over 370 points and 112 points, respectively, in early trade on Friday.

Nov 17, 2017

rbi, rbi repo rate, rbi governor urjit patel, urjit patel on farm loan waiver, up govt waives farm loans, agrarian crisis in india, modi govt

RBI may release another list of 50 loan defaulters

March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against borrowers.

Nov 17, 2017

arun jaitley, jaitley to meet bankers on 12 june, psu banks npas, bad loans, npa ordinance, gst implementation, it minister to meet head honchos

Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

"I think the bottoming out of the economy is complete and now it should start moving upwards, Jaitley said.

Nov 16, 2017

Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals

This bill, however, bans H1-B dependent employers from replacing American jobs with H1-B employees.

Nov 16, 2017

45 companies to bid for India's first mega coastal economic zone

The first mega CEZ will stretch from Nashik, Thane, Mumbai, Pune and Raigarh.

Nov 16, 2017

Restaurants agree to lower GST rate, but menu prices may rise

Earlier, the tax rate was 18 percent for air-conditioned restaurants and 12 percent for non-air-conditioned eateries.

Nov 16, 2017

India beats US and China on farmland: Report

The US Geological Survey shows global farmland totals 1.87 billion hectares (4.62 billion acres), which is about 15 to 20 percent higher than earlier projections.

Nov 15, 2017

note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

For bank recapitalisation, Modi govt wants special dividend from RBI

The RBI has been asked if it can pay a special dividend, apart from the yearly surplus that it pays the Centre.

Nov 15, 2017

inflation, retail inflation, inflation may 2017, rbi inflation target, rbi, pay commission, modi govt

Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

Fuel inflation has remained high for the past three-four months as petrol and diesel prices continued to rally high due to surge in global crude prisce.

Nov 14, 2017

Centre to revamp Make in India to create jobs and boost GDP

The government will focus on high potential sectors like leather, textiles and garments, engineering, pharmaceuticals and automobiles to create jobs.

Nov 14, 2017

India's October retail inflation touches 7-month high

India's annual consumer inflation in October increased to 3.58 percent from a year earlier, government data showed on Monday.

Nov 14, 2017

colgate palmolive, fmcg companies in india, hul, dabur, retail stores, grocery stores, toothpaste, patanjali

FMCG companies set to reduce prices after GST rate cut; but benefits unlikely to reach consumers soon

Firms like Hindustan Unilever, Dabur, Amul, GlaxoSmithKline (GSK), Procter & Gamble, Nestle and Perfetti Van Melle said they have either decided to cut down prices or are planning to do so.

Nov 13, 2017