Economy News

India may soon allow FDI in nuclear power area; PMO mulls over decision

The decision would be a paradigm shift in India's nuclear power policy, and subsequently, open the gates for multinational companies to invest in the country's nuclear energy projects.

Jan 12, 2020

'Lack of credit, lower consumption led India's growthrate to 5%': World Bank

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by growth of only 4.5 per cent in the July-September quarter.

Jan 9, 2020

Gold goes ballistic amid rising war fears as Iran missiles hit US bases in Iraq

Yellow metal prices have soared Rs 2,000 per 10 grams in four days, fuelled by a war of words between President Trump and Teheran.

Jan 8, 2020

Union budget 2020: Income tax relief for middle class on cards

The central government has held multiple discussions on this issue to spur economic growth and the proposal to reduce the tax burden as a step to boost demand in the country.

Jan 7, 2020

Prime Minister Narendra Modi with industralists

PM Modi meets Mukesh Ambani, other industrialists to discuss economic revival ahead of Budget 2020

The meeting discussed the current economic scenario and measures needed to boost growth, consumption, employment, and reviving economy, sentiments and industrial growth from the slowdown.

Jan 7, 2020

Govt mulls over cutting spending to curb deficit; may hurt growth

Asia's third-largest economy, which is growing at its slowest pace in over six years because of lack of private investment, could be hurt further if the government cuts spending.

Jan 7, 2020

The New Rice War: China eats into big African markets secured by India

The Chinese strategy has ultimately disrupted the global market of rice exports wherein India feels the pinch, being the largest exporter.

Jan 4, 2020

Gold, silver, oil prices surge on West Asia tensions

While the stock markets have taken a beating, gold, silver and oil prices have jumped sharply.

Jan 4, 2020

Petrol, diesel prices hiked across all major cities: Check latest rates in key cities

Petrol prices were up by 8-11 paise and diesel was hiked by 11-14 paise in all major cities across the country.

Jan 3, 2020

India's merchandise exports could rise to $330-340 billion in FY20: FIEO

If the global situation improves, which is likely in the first half of 2020, India may look for 15 per cent growth in exports during the next financial year.

Dec 31, 2019

Govt proposes waiving carbon tax on coal to finance pollution-curbing equipment

Modi's office has proposed waiving the carbon tax of 400 rupees ($5.61) per tonne that was levied on the production and import of coal. The move seeks to improve the financial health of utilities and distribution companies.

Dec 31, 2019

China commerce ministry says it has proactively dealt with US trade frictions

The ministry has implemented the decisions of the central government and "resolutely safeguarded the interests of the country and the people", it said in a statement on its website.

Dec 29, 2019

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: Macro-data, crude oil prices to steer indices' movements

Market observers pointed out that global crude oil prices along with the expectations of a healthy third quarter (Q3) earning result season would also influence the market's movement.

Dec 29, 2019

Allahabad Bank, UCO Bank, IOB get Rs 8,655 cr fund infusion

UCO Bank posted a loss of Rs 892 crore in Q2, Allahabad Bank a loss of Rs 2,103 crore and Indian Overseas Bank posted Rs 2,254 crore loss in July-September quarter.

Dec 28, 2019

Oil hits three-month highs on upbeat US and Chinese economic data

Data on Friday showed profits at China's industrial firms rose at the fastest pace in eight months in November.

Dec 27, 2019

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Economy News

India may soon allow FDI in nuclear power area; PMO mulls over decision

'Lack of credit, lower consumption led India's growthrate to 5%': World Bank

Gold goes ballistic amid rising war fears as Iran missiles hit US bases in Iraq

Union budget 2020: Income tax relief for middle class on cards

PM Modi meets Mukesh Ambani, other industrialists to discuss economic revival ahead of Budget 2020

Govt mulls over cutting spending to curb deficit; may hurt growth

The New Rice War: China eats into big African markets secured by India

Gold, silver, oil prices surge on West Asia tensions

Petrol, diesel prices hiked across all major cities: Check latest rates in key cities

India's merchandise exports could rise to $330-340 billion in FY20: FIEO

Govt proposes waiving carbon tax on coal to finance pollution-curbing equipment

China commerce ministry says it has proactively dealt with US trade frictions

Market outlook: Macro-data, crude oil prices to steer indices' movements

Allahabad Bank, UCO Bank, IOB get Rs 8,655 cr fund infusion

Oil hits three-month highs on upbeat US and Chinese economic data

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