Economy News

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Headline inflation reflects a structural shift, and is low enough to warrant more aggressive cuts, say senior govt officials.

Aug 3, 2017

Arun Jaitley defends SBI's decision to cut interest rate on savings account

All India Trinamool Congress (AITMC) lawmaker Derek O'Brien raised the issue through a Zero Hour mention.

Aug 3, 2017

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

GST woes: After manufacturing, services activity hits a new low in July

Both the PMI indices, manufacturing and services, slipped below the crucial threshold of 50 in July, says IHS Markit.

Aug 3, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india, rera, real estate

RBI cuts repo rate: Home loans won't be cheap

After the 25bps cut in the lending rate by the central bank, the cost of funds for the banking system is expected to come down further. The home loan borrowers should, therefore, get the advantage of lower EMIs.

Aug 2, 2017

India's job confidence is highest in Asia Pacific market; does it reflect the ground reality?

India's job confidence is highest in the Asia Pacific market according to Michael Page Job Applicant Confidence Index Q2 2017.

Aug 2, 2017

rbi governor, garima kapoor, elara securities, rbi governor urjit patel, rbi repo rate

RBI Monetary Policy: Repo rate cut by 25 bps, policy stance neutral

Following the decision, the benchmark repo rate stands reduced to six percent from 6.25 percent. Accordingly, the reverse repo rate has been pegged down to 5.75 percent from previous six percent.

Aug 2, 2017

Sikkim standoff: How affected are Chinese firms in India amid calls of boycott?

How are Chinese firms doing in India amid calls for boycott of Chinese goods from various quarters? Find out.

Aug 2, 2017

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Restructured bank loans fall in FY17: Report

The fall is significant when compared to the preceding two financial years.

Aug 1, 2017

Arvind Panagariya quits as NITI Aayog vice-chairman

Arvind Panagariya wants to return to Columbia University as he has exhausted his leave of absence. The PM has accepted the resignation and his last day in office will be August 31.

Aug 1, 2017

India pharma sector, pharmaceutical companies, pharma, pharma companies

Rs 8,450 crore deal: Has Modi govt blocked China's biggest acquisition in India?

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has reportedly decided to block a Chinese firm's deal with Hyderabad-based Gland Pharma.

Aug 1, 2017

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

If all banks reduce interest rate on savings deposits, public sector lenders stand to gain more than others.

Aug 1, 2017

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Why Indians will pay more for buying petrol and diesel starting August 1

The All India Petroleum Dealers Association has been considering hiking petrol price by Rs 1 per litre and Rs 0.72 per litre for diesel.

Aug 1, 2017

Boeing bullish on Indian Govt's regional connectivity scheme

Calling it the "highest forecast" for the country, Boeing said that India will have a 5.1 percent share of the total global demand for aircraft, which it estimates to be about 41,030.

Aug 1, 2017

azure power, solar power projects in india, india energy, india solar power, modi govt solar projects

Sikkim standoff: Boycotting Chinese goods will backfire on India, Chinese media claims

A Chinese daily has said that plans by India to boycott Chinese goods could end up backfiring on the country. Read to know how right or wrong they are.

Aug 1, 2017

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

Jul 31, 2017

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Economy News

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Arun Jaitley defends SBI's decision to cut interest rate on savings account

GST woes: After manufacturing, services activity hits a new low in July

RBI cuts repo rate: Home loans won't be cheap

India's job confidence is highest in Asia Pacific market; does it reflect the ground reality?

RBI Monetary Policy: Repo rate cut by 25 bps, policy stance neutral

Sikkim standoff: How affected are Chinese firms in India amid calls of boycott?

Restructured bank loans fall in FY17: Report

Arvind Panagariya quits as NITI Aayog vice-chairman

Rs 8,450 crore deal: Has Modi govt blocked China's biggest acquisition in India?

Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

Why Indians will pay more for buying petrol and diesel starting August 1

Boeing bullish on Indian Govt's regional connectivity scheme

Sikkim standoff: Boycotting Chinese goods will backfire on India, Chinese media claims

Above the table: GST gets it right on the money

Bigg Boss Kannada 8 Eviction: Dhanushree is the First Contestant to be Eliminated from Sudeep's Show

Actor-filmmaker Dwarakeesh Sells his Favourite Property to Rishab Shetty to Clear Debts

Arshad Warsi reminds netizens, 'A year ago this was our last normal week'

Dream of Sonar Bangla will be fulfilled: PM Modi at BJP's mega rally in Kolkata

Ranvir Shorey reveals taste and smell remain lost even after testing Covid negative