Economy News

Aadhaar Pay back in demand, crosses 200 million transactions in July

As per the latest data from the National Payments Corporation of India, transactions increased 11 percent, from 185 million in June to 206 million this July.

Aug 12, 2019

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

The trend of cutting down the investments was seen after eight core sector industries such as coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity continued to show a negative growth due to the economy slowdown.

Aug 12, 2019

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Home buyers will enjoy the status of banks and institutional creditors and can take real estate companies into bankruptcy proceedings.

Aug 10, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 2019

India Inc wants Rs 1 lakh crore stimulus package

Industry top officials said the government has assured them to take steps soon to boost the economic growth.

Aug 9, 2019

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Automakers call for major incentives as top carmaker Maruti reduces production by 25 percent for the sixth consecutive month in July

Aug 8, 2019

US-China trade war could trigger prolonged global recession this year

Is global economy slipping into a recession? Key indicators paint glum picture

Almost all main economic and industrial indicators that provide a reliable guide to the business cycle confirm the economy has already slowed severely.

Aug 8, 2019

J&K developments: Trade ban will hurt Pakistani traders more than Indians

Imran Khan's decision to cut off trade ties with India over Jammu and Kashmir developments will harm Pakistani traders who enjoyed the most favoured nation status with India until recently while Indians will be hit to a lesser extent.

Aug 8, 2019

Pakistan expels Indian envoy, suspends trade for revoking Kashmir's special status

The Pakistan government announced a five-point plan against India in a tweet on Wednesday after a National Security Committee (NSC) meeting.

Aug 8, 2019

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

The central bank reduced the repo rate by 35 basis points to 5.40 per cent from 5.75 per cent in its third bi-monthly Monetary Policy Statement for 2019-20.

Aug 7, 2019

Slow market paralyses Audi sales, firm plans to halt future investments in India

The slow pace of the local market is expected to affect Audi's annual sales to see a dip in 2019. The recent inauguration of a sales outlet would help boost the demand for the luxury car among the Indian public.

Aug 7, 2019

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

With a fourth 25 basis points repo rate cut a foregone conclusion, observers are watching for RBI guidance about its outlook on the state of the economy.

Aug 6, 2019

Is China a 'currency manipulator'? Beijing hits back by halting import of US farm products

A weak Chinese currency makes US products more expensive while making Chinese products more attractive in foreign markets.

Aug 6, 2019

A global investor meet maybe Modi's healing touch for mortified J&K people

Economists think the change of status to Union Territory may have removed impediments to investments in Jammu & Kashmir and Ladakh; Prime Minister Modi may inaugurate summit in October

Aug 6, 2019

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Auto industry may further cut production

The slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the month-on-month sales de-growth.

Aug 4, 2019

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Economy News

Aadhaar Pay back in demand, crosses 200 million transactions in July

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

India Inc wants Rs 1 lakh crore stimulus package

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Is global economy slipping into a recession? Key indicators paint glum picture

J&K developments: Trade ban will hurt Pakistani traders more than Indians

Pakistan expels Indian envoy, suspends trade for revoking Kashmir's special status

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

Slow market paralyses Audi sales, firm plans to halt future investments in India

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

Is China a 'currency manipulator'? Beijing hits back by halting import of US farm products

A global investor meet maybe Modi's healing touch for mortified J&K people

Auto industry may further cut production

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