Economy News

Rail passengers react to ticket price hike on Twitter

The Railway Delivery Group, which represents Network Rail and train operators, have announced that ticket prices across the UK will increase by an average of 2.3% from January 2017.

Dec 2, 2016

Evening wrap: SC raps govt on note ban, Tirupati temple to go cashless, Miss World 2016 live coverage, and more

Read about Brazil crash airline's licence suspended, and Tata passenger vehicle sales grow.

Dec 2, 2016

Demonetisation: Your old Rs 500 and Rs 1,000 notes could be worth a fortune

To a numismatist, the older and rarer a coin or a note, and the better condition it is in, the more valuable it is.

Dec 2, 2016

#TataVsMistry being fought by paid drones on Twitter?

Marketing executives are convinced that several of the tweets indicate that they are being paid for by vested interests.

Dec 2, 2016

Demonetisation move: SC asks Centre for steps to ease suffering of people in rural areas

The apex court has also advised political parties to categorise petitions to be referred to high courts to streamline the hearing.

Dec 2, 2016

RBI seen cutting rates as demonetisation rattles economy: Poll

According to a Reuters poll, two-thirds of the respondents expected the RBI's Monetary Policy Committee to cut the repo rate on December 7.

Dec 2, 2016

TCS to help world's richest temple in Tirupati go cashless

TCS expertise will help the temple trust adopt e-transactions to provide enhanced services for the visiting pilgrims.

Dec 2, 2016

Demonetisation: Modi Govt working on Aadhaar-based mobile app; debit, credit cards may become redundant

Mobile phones will be used to authenticate biometrics of customers who use the Aadhaar-based app to make payments.

Dec 2, 2016

Demonetisation move: Centre submits affidavit ahead of crucial Supreme Court hearing

The affidavit will be taken up for hearing by a bench headed by Chief Justice TS Thakur on Friday, December 2.

Dec 2, 2016

No double charging of products with MRP, says Consumer Affairs department

The MRP rule for bottled water will apply to all packaged products including shops, malls and airports.

Dec 1, 2016

Demonetised notes worth Rs 11 lakh crore returned till now: Report

A CNBC-TV18 report, citing government sources, suggests about 77 percent of Rs 14.18 lakh crore has come back to the banking system.

Dec 1, 2016

Demonetisation forcibly executed before planning was complete, likely to hit GDP rate: NITI Aayog vice-chairman

Arvind Panagariya says leaking of information forced PM Modi to hasten the process and reassured that GDP rates will pick up in long term.

Dec 1, 2016

Jewellery bought from disclosed income, inherited not to be taxed: Govt

Government Thursday clarified that amended Income Tax bill passed by Lok Sabha has no provision to impose tax on legitimate holdings of jewellery.

Dec 1, 2016

Demonetisation hastens Nomura's call for rate cut by RBI

Nomura Securities says near-term economic slowdown can be partially offset by a 25 bps rate cut at the December MPC meeting.

Dec 1, 2016

Phishing websites spoof 26 banks in India trying to steal customer details

Pretending as secure payment gateways, these phishing sites first gather sensitive data and then a fake failed login message is displayed to the victim.

Dec 1, 2016