Economy News

PM Modi abolishes Rs 500 and Rs 1,000 notes from November 8 midnight; banks, ATM not open on November 9 [Image of new notes]

PM Modi has announced that people will have 50 days to exchange all these notes, as govt launches Rs 2,000 note.

Nov 8, 2016

Delhi air pollution: SC seeks Centre's response in 48 hours; Assocham says it's crippling economy

As Delhi's air quality has worsened after Diwali, the court is likely to pass a detailed order after the government's response.

Nov 8, 2016

Cauvery protests, BBMP demolition drives hit new launches in Bengaluru during September quarter

While the protests over the Cauvery (Kaveri) water row were violent, the demolition drive against encroachments dampened sentiments.

Nov 8, 2016

DGCA says pilots who report sick, are late for flights may face harsh consequences

The airline body has slammed the DGCA's draft proposal.

Nov 8, 2016

Britain PM Theresa May's India visit faces multiple setbacks

Narendra Modi and Tata Group make Britain PM Theresa May's maiden India visit tough.

Nov 7, 2016

Evening wrap: Security tightened ahead of US elections, 2 actors drown in Karnataka and more

Also, read about the Congress top rung wanting Rahul Gandhi to take over, and Joe Jonas and Sophie Turner caught kissing.

Nov 7, 2016

Sales of air purifiers, masks surge manyfold as Delhi, NCR reel under smog

Online retailers, chemists and retail shops are either running out of air purifiers and masks or are loaded with huge orders.

Nov 6, 2016

RBI may cut interest rate again during December policy review: HSBC

The foreign brokerage is not expecting any further rate cuts after December.

Nov 6, 2016

Donald Trump says he will tax US corporations exorbitantly if they lay off and outsource work

Trump also said trade agreements like NAFTA and Trans-Pacific Partnership are no good to the US and will be renegotiated to benefit Americans.

Nov 6, 2016

British media spooked by India's demand that country ease visa laws

British PM May had, as Home Secretary, tightened visa norms, making it quite difficult for Indian students and tourists to go there.

Nov 6, 2016

Top 7 Sensex companies lost Rs 56,380 crore in market cap on unfavourable global cues

Reliance Industries led the crack in market capitalisation by Rs 15, 470 crore, while TCS lost Rs 13,625 crore.

Nov 6, 2016

Morning Brief: Trump rushed out of rally, Rami Malek's new role, Zendaya's clothing line and more

Read about updates from the battle for Mosul, and what could affect Indo-UK bilateral trade.

Nov 6, 2016

Brexit, falling pound to hit India-UK bilateral trade: Report

Ahead of British PM Theresa May's India visit, Ficci tells an English daily that the picture on bilateral trade is bleak.

Nov 5, 2016

7th Pay Commission: Here is what the panel said on salary hike for state government staff

The 7th Central Pay Commission speaks at length on whether states are financially capable of giving hike to government employees.

Nov 5, 2016

New UK visa rules for non-EU citizens set to affect Indian IT professionals

The changes include raised salary thresholds for different categories and modified English language requirements.

Nov 4, 2016