Economy News

RBI cuts repo rate by 25 basis points to 5.75%, bank loans to be cheaper

The Reserve Bank of India's Monetary Policy Committee today announced its decision to slash the repo rate to 5.75 per cent from 6 per cent.

Jun 6, 2019

World Bank retains India's growth rate for fiscal 2020 at 7.5%

In the next three years, India's growth rate will be supported by robust investment and private consumption.

Jun 5, 2019

Indian industry seek corporate tax rate cut to 20% in upcoming budget

The Confederation of Indian Industry (CIII) called on Modi to push reforms in the budget so as to boost private investment and domestic consumer demand and achieve 8-10 percent economic growth rates over the next few years.

Jun 4, 2019

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Is global economy showing signs of slowdown?

There have been concerns about the impending recession by seeing the present scenario of an aggressive overheating of the market. The US market might get to a standstill or a slowdown.

Jun 3, 2019

Digital India gets a boost as government sets 100-day horizon for 5G trials

India will join a select band of countries with commercial 5G-grade communication services; Ravi Shankar Prasad pushes for spectrum auction this year for the first time after 2016.

Jun 3, 2019

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

Escalating US-China trade wars may trigger prolonged global recession this year

Morgan Stanley warns investors must take into account the threat of a prolonged recession for their investment strategy given the worsening trade war rhetoric between the US and China

Jun 3, 2019

After a week of euphoric hearts, expect cautious heads to return to the market

Indices are expected to trade sideways as the euphoria of Modi 2.0 ebbs and worries of global tensions and domestic slowdown begin to take hold; time ripe for stock specific play.

Jun 2, 2019

Global airlines slash profit forecast 21% on protectionism fears

The International Air Transport Association, which represents about 290 carriers or more than 80% of global air traffic, said the industry is expected to post a $28 billion profit in 2019, down from a December forecast of $35.5 billion.

Jun 2, 2019

India plays down Trump decision to remove US trade privileges

In a relatively tame response to the announcement from Washington on Friday, the government said it was "unfortunate" that its attempts to resolve significant US requests had not been accepted.

Jun 1, 2019

US-China trade wars: Markets panic as Beijing's 25% tariff on US imports bites

The US has already raised from 10 percent to 25 percent tariffs on imports from China to the tune of $200 billion.

Jun 1, 2019

Donald Trump to end trade privileges for India on June 5

Donald Trump had announced his intention to remove India from the Generalized System of Preferences (GSP) program in early March.

Jun 1, 2019

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PM Modi faces 'jobs crisis' as unemployment hits 6.1%

Pronab Sen said that small businesses had been especially weak, while the unemployment rate was likely to have spiked after the country replaced the majority of its banknotes in a shock move in 2016.

May 31, 2019

Rs 30 lakh crore transport infrastructure bonanza to be game changer for economy

Modi 2.0 is likely to set apart a huge outlay for infrastructure, including the national highways, railways, ports, and airports over five years; spending on dedicated freight corridors expected to see massive a spurt.

May 31, 2019

Modi 2.0: Forty-two PSUs will be privatised or closed; more land for foreign firms

"They (foreign investors) will have reasons to be happy. You will see a slew of reforms I can assure you of that. We are going to pretty much hit the ground running"

May 31, 2019

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Will consumption slowdown impact Indian economy?

A look at the historic performance of the FMCG sector (or consumer staples) reveals that it has been the silent star performer of the Indian equities market.

May 21, 2019

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Economy News

RBI cuts repo rate by 25 basis points to 5.75%, bank loans to be cheaper

World Bank retains India's growth rate for fiscal 2020 at 7.5%

Indian industry seek corporate tax rate cut to 20% in upcoming budget

Is global economy showing signs of slowdown?

Digital India gets a boost as government sets 100-day horizon for 5G trials

Escalating US-China trade wars may trigger prolonged global recession this year

After a week of euphoric hearts, expect cautious heads to return to the market

Global airlines slash profit forecast 21% on protectionism fears

India plays down Trump decision to remove US trade privileges

US-China trade wars: Markets panic as Beijing's 25% tariff on US imports bites

Donald Trump to end trade privileges for India on June 5

PM Modi faces 'jobs crisis' as unemployment hits 6.1%

Rs 30 lakh crore transport infrastructure bonanza to be game changer for economy

Modi 2.0: Forty-two PSUs will be privatised or closed; more land for foreign firms

Will consumption slowdown impact Indian economy?

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