Economy News

Arun Jaitley omits any mention of poll-bound states in budget speech to avoid EC's ire

The EC had warned the government to stay away from announcing any sop aimed at luring voters in UP, Goa, Manipur, Uttarakhand and Punjab.

Feb 1, 2017

Budget 2017: Allocation for important schemes

Here's what Finance Minister Arun Jaitley allocated in Budget 2017 for important schemes.

Feb 1, 2017

Budget 2017: Here's what Finance Minister Arun Jaitley doled out to each sector

Find sector-wise allocation in the Budget 2017-2018 tabled in Parliament by Finance Minister Arun Jaitley on February 1.

Feb 1, 2017

Union Budget 2017 real estate: Infrastructure status to affordable housing will boost property sector, say experts

Real estate experts praise Finance Minister Arun Jaitley for granting infrastructure status to affordable housing in Union Budget 2017.

Feb 1, 2017

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

Many salaried people have reason to rejoice, because the income tax rate has been reduced from 10 percent to 5 percent in the Rs 2.5-5 lakh income slab.

Feb 1, 2017

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market.

Jan 31, 2017

Economic Survey 2017 suggests India-China bhai-bhai; FY2017 growth estimates could rip India of fastest-growing economy tag

China grew at 6.7 percent in CY2016 (Jan-Dec) while India is estimated to grow at 6.50-6.75 percent in FY2017, according to Economic Survey 2017.

Jan 31, 2017

UP Assembly Elections 2017: Are stock markets betting on a BJP win in Uttar Pradesh elections?

Out of the 690 seats at stake in states going to assembly polls 2017 -- Uttar Pradesh (UP), Goa, Manipur, Uttarakhand and Punjab – UP alone has 403 Assembly seats, which is about 60% of total seats

Jan 31, 2017

Economic Survey 2017 tabled; highlights of the report

Universal basic income (UBI), demonetisation, GDP estimates for FY 2017 and 2018 form part of CEA Arvind Subramanian's Economic Survey 2017.

Jan 31, 2017

Economic Survey 2016 spoke of 'implicit subsidy'; do you remember the amount?

The Economic Survey for 2015-16 (Economic Survey 2016) had insights on "implicit subsidy" on gold, LPG, PPF, rail fare and electricity.

Jan 30, 2017

January car sales preview: Maruti Suzuki, Tata Motors likely do well, says Nirmal Bang, on eve of Budget 2017

Maruti Suzuki, Renault, Hero Motocorp, Bajaj Auto, TVS, Hyundai will be reporting their January car sales on February 1, coinciding with Budget 2017.

Jan 30, 2017

Donald Trump's immigration ban: Here's how US tech industry leaders reacted

In an executive order last week, Trump banned the entry of citizens from seven Muslim countries to "keep radical Islamic terrorists" out of America.

Jan 30, 2017

Budget to chart stock market's direction in action-packed week ahead

Amid consensus of a populist Budget, markets do expect the finance minister to walk the self-committed fiscal consolidation path for FY2017-18.

Jan 29, 2017

Area sown under Rabi crops rises bucking demonetisation

The Agriculture Ministry's data primarily substantiates the perception that demonetisation may not have had an immediate impact on agriculture.

Jan 29, 2017

Two coastal economic zones to be set up in Andhra Pradesh for Rs 20,000 crore

The two zones – Srikakulam to Vijayawada and Vijayawada to Nellore – will be created under the ambitious Sagarmala project.

Jan 29, 2017