Economy News

PM Modi promises jobs; assures help to small and medium businesses

PM Modi said that his government has already brought in 87 reforms in 21 sectors since it took office in May 2014.

Dec 14, 2017

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India's current account deficit widens to $7.2 billion in September quarter on rising imports

Analysts also expect CAD to further widen and end the fiscal year ending in March at 1.7-2.0 percent of GDP.

Dec 14, 2017

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November inflation rises to 15-month high of 4.88%, breaching RBI mid-term ceiling

India's retail inflation in November breached the Reserve Bank of India's medium-term target of 4 percent.

Dec 12, 2017

Hiring sentiment in India rises for Q1 2018 from last quarter : Survey

The survey points out that hiring intention remain positive in various sectors for the January-March period.

Dec 12, 2017

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India's GDP growth set to rise 7.2 percent in 2018, 7.4 percent in 2019: UN report

But, the report also pointed out that the performance of private investment remains a key macroeconomic issue.

Dec 12, 2017

Here's to a happy new year! Employees in India to get about 15% hike in 2018

Employees in India are likely to see a 10-15 percent hike in the new year as the economy is likely to shed of demonetisation woes and other issues such as automation.

Dec 11, 2017

Morgan Stanley expects India's GDP growth to accelerate to 7.5 percent in 2018

India's private capital spending and demand conditions are gradually recovering after the new tax regime and cash ban had disrupted economic growth for a short term.

Dec 8, 2017

The fake Rs 2,000 notes were dispensed bearing ‘Guaranteed by the Children’s Government’, etc.

Fake Rs 2,000 note was out within 53 days of demonetisation!

In just 53 days between November 8 and December 31 last year, police and other government agencies seized 2,272 fake Rs 2,000 notes -- at a time when people across the country were struggling to get hold of the new currency.

Dec 7, 2017

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India's auto-component industry to grow 9-11% on higher car, two-wheeler sales

ICRA expects the industry-wide credit profile trends to remain stable, supported by robust demand from the OEM segment in the near term.

Dec 7, 2017

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Small shops will now pay less fee on debit card payments as RBI rejigs merchant discount rate

The new rates will be effective from 1st January 2018.

Dec 7, 2017

Indian Railways travellers will soon get incentives for booking tickets via digital transactions

Other incentives will include offering free passenger insurance for cashless ticket purchases.

Dec 7, 2017

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RBI holds repo rate unchanged at 6%, maintains neutral stance

Following the decision, the benchmark repo rate stands at 6 percent, and the reverse repo rate remains unchanged at 5.75 percent and the central bank maintained a neutral policy stance.

Dec 6, 2017

GST makes it tough to evade taxes: Finance Secretary Hasmukh Adhia

The government on Tuesday also announced incentives worth Rs 8,450 crore to boost exports of goods and services.

Dec 6, 2017

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GST impact: Services PMI hit three-month low in November, Nomura 'surprised'

A composite PMI, which takes into account both manufacturing and services activity, fell to 50.3 from last month's 51.3.

Dec 5, 2017

Fitch lowers India's GDP outlook to 6.7%, says 'growth has repeatedly disappointed'

The US-based rating agency also lowered the country's growth forecast for 2019 fiscal to 7.3 percent from 7.4 percent.

Dec 5, 2017

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Economy News

PM Modi promises jobs; assures help to small and medium businesses

India's current account deficit widens to $7.2 billion in September quarter on rising imports

November inflation rises to 15-month high of 4.88%, breaching RBI mid-term ceiling

Hiring sentiment in India rises for Q1 2018 from last quarter : Survey

India's GDP growth set to rise 7.2 percent in 2018, 7.4 percent in 2019: UN report

Here's to a happy new year! Employees in India to get about 15% hike in 2018

Morgan Stanley expects India's GDP growth to accelerate to 7.5 percent in 2018

Fake Rs 2,000 note was out within 53 days of demonetisation!

India's auto-component industry to grow 9-11% on higher car, two-wheeler sales

Small shops will now pay less fee on debit card payments as RBI rejigs merchant discount rate

Indian Railways travellers will soon get incentives for booking tickets via digital transactions

RBI holds repo rate unchanged at 6%, maintains neutral stance

GST makes it tough to evade taxes: Finance Secretary Hasmukh Adhia

GST impact: Services PMI hit three-month low in November, Nomura 'surprised'

Fitch lowers India's GDP outlook to 6.7%, says 'growth has repeatedly disappointed'

Jammu's Umran Malik earns national call-up for South Africa series; 'city of temples' lights up in celebration [details]

IPL 2022: SRH vs PBKS live-stream, squad, timings and everything you need to know about today's match

Amid huge influx of tourists, J&K issues advisory on Monkeypox [details]

92 monkeypox cases confirmed in 12 countries, may spread globally: WHO

Madonna banned from Instagram Live after sharing nude photos; expresses shock [details]