Economy News

Can India tide over economic crisis that may be worse than the 2008 recession?

Goldman Sachs believes the liquidity issue that NBFCs fuelled is only part of the story as the consumption fall is responsible for a third of the overall slump that began snowballing from January 2018.

Oct 18, 2019

Galaxy care becomes first hospital in the world to ACQUIRE THE VERSIUS SURGICAL ROBOTIC SYSTEM

Galaxy Care is a well-established centre of excellence for laparoscopic surgery

Oct 18, 2019

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day.

Oct 18, 2019

DHFL reports $29 million loss in June quarter; company under financial stress

One of India's biggest housing finance companies, DHFL posted a net loss of 2.06 billion rupees during the quarter compared with a profit of 4.35 billion rupees.

Oct 18, 2019

Home sales decline 25% in July-September: Report

A comparison of numbers between the first half of FY19 and FY20 also showed that home sales and new launches moved downwards.

Oct 18, 2019

Sitharaman's economic revival plan goes for a toss, slowest credit growth in last two years

The data shows that although retail lending activities have increased, lenders are taking a much cautious approach on some consumer loans.

Oct 17, 2019

Satya Nadella gets 66% pay hike in 2018-19; guess how much he makes

When Satya Nadella took over from Steve Ballmer in 2014, he took home $84.3 million which is the highest earnings in a fiscal year for him so far.

Oct 17, 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

Sensex, Nifty nearly flat; metal stocks drag

Investors in India hoped that the government's corporate tax cut last month would give a fillip to companies' September-quarter earnings.

Oct 17, 2019

PMC bank scam: ED identifies more assets of HDIL promoters, directors

The development comes a day after the probe agency revealed that Patel, as the then Union Minister of Heavy Industry, was a frequent flier on Wadhawans' luxury private jet Bombardier Challenger 300.

Oct 17, 2019

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Finance Minister Sitharaman says India cannot sacrifice 'economic strength' and strategic interests to comply with US sanctions.

Oct 16, 2019

Even after growth rate cut to 6.1%, Indian economy remains 'very strong': IMF

India and China with their projected growth rate of 6.1 percent for the current year share the top rank among major economies.

Oct 16, 2019

PMC Bank crisis: After Sanjay Gulati, Fattomal Punjabi dies of cardiac arrest

Mulund resident Fattomal Punjabi, who was an account holder at the disgraced PMC Bank, died of a heart attack.

Oct 15, 2019

'Indian economy doing very badly': Nobel awardee Abhijit Banerjee

Abhijit Banerjee, who shared the Nobel prize for economics, said that the Indian economy is "doing very badly" even as the government is increasingly recognising that there is a problem.

Oct 15, 2019

Trump or Xi? Who has won the first round of US-China trade wars?

President Trump hails 'the greatest and biggest deal ever made for our Great Patriot Farmers'; US agrees to suspend next round of tariff hike on Chinese imports while Beijing will import $40-50 billion US farm products.

Oct 14, 2019

Market today: Nifty, Sensex rise ahead of inflation data; Infosys drops

Indian retail inflation probably reached a 12-month high in September, but still leaving room for further interest rate cuts.

Oct 14, 2019

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Economy News

Can India tide over economic crisis that may be worse than the 2008 recession?

Galaxy care becomes first hospital in the world to ACQUIRE THE VERSIUS SURGICAL ROBOTIC SYSTEM

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

DHFL reports $29 million loss in June quarter; company under financial stress

Home sales decline 25% in July-September: Report

Sitharaman's economic revival plan goes for a toss, slowest credit growth in last two years

Satya Nadella gets 66% pay hike in 2018-19; guess how much he makes

Sensex, Nifty nearly flat; metal stocks drag

PMC bank scam: ED identifies more assets of HDIL promoters, directors

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Even after growth rate cut to 6.1%, Indian economy remains 'very strong': IMF

PMC Bank crisis: After Sanjay Gulati, Fattomal Punjabi dies of cardiac arrest

'Indian economy doing very badly': Nobel awardee Abhijit Banerjee

Trump or Xi? Who has won the first round of US-China trade wars?

Market today: Nifty, Sensex rise ahead of inflation data; Infosys drops

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