Economy News

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Moody's slashes India's GDP growth forecast to 6.2% for 2019 from 6.8%

The current year has already witnessed sluggish growth since the beginning. GDP growth rate recorded in the first quarter (January-March) of this calendar year was lowest in five years at 5.8%.

Aug 24, 2019

Rift within government over revival plans - NITI Aayog and Economic advisor differ

Amid an economic slowdown, India Inc has been demanding a stimulus package from government to revive growth and prevent job losses.

Aug 23, 2019

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Mayank Shah stated that job cuts are only an eventuality that Parle may look at if the current economic slowdown continues.

Aug 23, 2019

US holds 2+2 dialogue with India on securing strategic cooperation in Indo-Pacific region

During the intersessional meeting, the two sides will discuss ways to advance cooperation on critical diplomatic and security priorities.

Aug 22, 2019

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

A sharp drop in Parle's biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people.

Aug 21, 2019

Direct tax code: Panel recommends slew of measures to lower tax burden

The committee submitted its report to Finance Minister Nirmala Sitharaman on Monday and the report is expected to be made public for consultation after due examination

Aug 20, 2019

What's the salary of Tata Sons chairman N Chandrasekaran?

Mukesh Ambani, the chairman of Reliance Industries Limited, took home a remuneration of Rs 15 crore in the last year.

Aug 14, 2019

Is India in the midst of an economic slowdown? Can it get worse?

Rapidly falling auto sales through successive months provide the most telling indication of the economy's slide as most sectors shed growth momentum; government mulls stimulus package for growth

Aug 14, 2019

Finance ministry working on stimulus package to pull economy from brink of slowdown

The stimulus could cover the financial markets that have shown big volatility in recent weeks and particularly after the presentation of Union Budget on July 5 that raised tax surcharge on FPIs.

Aug 14, 2019

Sale of passenger vehicles falls for ninth straight month as slowdown bites

Amid the ongoing liquidity crunch in the country, the demand for consumer goods has been declining.

Aug 13, 2019

PolicyBazaar plans to create 4,000 jobs in Jammu & Kashmir and Ladakh in a year

Dahiya is trying to push the expansion in Jammu & Kashmir as he has an educational exposure of four years in Jammu in his childhood

Aug 13, 2019

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

As part of the 10-year alliance, Jio will build data centres across India that will be hosted on Microsoft's Azure cloud.

Aug 13, 2019

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Government plans Rs 10,000 crore stress fund for real estate sector

In a two-hour-long meeting, the industry and Finance Minister Nirmala Sitharaman deliberated on multiple issues, including funding the stalled projects.

Aug 13, 2019

Reliance AGM 2019: Mukesh Ambani announces rollout of Jio Giga Fibre on Sept 5

Mukesh Ambani said Jio Giga Fibre will offer lifetime free voice calls from landline phones and high-speed broadband with additions like high definition TV and dish at a monthly rental of Rs 700 to Rs 10,000.

Aug 12, 2019

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

The Aramco, Reliance deal will have an enterprise value of around Rs 5,32,466 crore.

Aug 12, 2019

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Economy News

Moody's slashes India's GDP growth forecast to 6.2% for 2019 from 6.8%

Rift within government over revival plans - NITI Aayog and Economic advisor differ

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

US holds 2+2 dialogue with India on securing strategic cooperation in Indo-Pacific region

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

Direct tax code: Panel recommends slew of measures to lower tax burden

What's the salary of Tata Sons chairman N Chandrasekaran?

Is India in the midst of an economic slowdown? Can it get worse?

Finance ministry working on stimulus package to pull economy from brink of slowdown

Sale of passenger vehicles falls for ninth straight month as slowdown bites

PolicyBazaar plans to create 4,000 jobs in Jammu & Kashmir and Ladakh in a year

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

Government plans Rs 10,000 crore stress fund for real estate sector

Reliance AGM 2019: Mukesh Ambani announces rollout of Jio Giga Fibre on Sept 5

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

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