Economy News

Monsanto has last laugh in BT cotton patent battle in India

The introduction of lab-altered seeds in India by Monsanto in 2003 changed the farming landscape in the county, which went on to become the world's biggest producer of the yarn in subsequent years.

Jan 8, 2019

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Indians' average income doubled under Modi's watch, but there's a fine print

The Centre for Monitoring Indian Economy says unemployment rate in the country shot up in the last year, hitting the highest level in 27 months in December 2018

Jan 8, 2019

China upbeat ahead of US trade talks, but differences large

Both the US and China face potentially lengthy wrangling over technology and the future of their economic relationship and have expressed an interest in settling their tariff fight.

Jan 7, 2019

Karnataka tax rate hike pushes up fuel prices; reputation as low price haven under threat

Sales tax increased to offset the revenue loss from lower fuel base price because of a fall in international crude prices.

Jan 5, 2019

IT earnings season set to begin under overhang of US slowdown fears

Analysts watch closely top Indian companies' outlook commentary for understanding the trend in the $167-billion digital services outsourcing industry.

Jan 4, 2019

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RBI stops printing Rs 2,000 notes two years after demonetisation; how safe is your cash?

The government had introduced the Rs 2,000 notes to arrest the cash shortage in economy following the demonetisation decision announced by Prime Minister Narendra Modi on November 8, 2016.

Jan 4, 2019

New investments plunge to 14-year low amid Lok Sabha election year policy uncertainties

New project announcements worth Rs 1 lakh crore in December quarter was 53 per cent off the September quarter achievement and 55 per cent less year on year.

Jan 3, 2019

New year bonanza for salaried class as Modi govt may hike EPF rate

The retirement body had Rs 600 crore in surplus last year when it offered 8.55 per cent interest on an investment.

Jan 3, 2019

New Year cheer: Mass consumption items cheaper with GST cut

At its 31st meeting on December 22, the Goods and Services Tax (GST) Council chaired by Union Finance Minister Arun Jaitley agreed to cut tax rates on 23 goods and services.

Jan 1, 2019

India retains crown as 'world's fastest growing economy'; China a close second

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth. In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 percent, after 7.7 percent in the first three months of the year.

Jan 1, 2019

Nifty, Sensex mark cautious start to 2019

This year is expected to be a crucial one for India as it heads into a general election that must be held by May.

Jan 1, 2019

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Ethiopian staff demand 8 months' salary as IL&FS hostage crisis deepens

The Ethiopian Road Authority has decided to back the demand of the locals after authority met to discuss the issue last week.

Dec 31, 2018

Sharp dip in two-wheeler sales forces West Bengal govt to review license rules

Notably, the West Bengal government had issued a "stringent" notification in June this year which resulted in the sales of scooter and motor-cycle falling sharply

Dec 31, 2018

Director General Chandrajit Banerjee at a business meeting with CEOs of the Confederation of Indian Industry (CII)

India will see strong economic growth in 2019: CII

"The positive outlook is buttressed by strong drivers emanating from the services sector, infrastructure structure including construction equipment and better demand conditions arising out of election spending," CII said.

Dec 31, 2018

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Dollar steady; Aussie gains on US-China trade developments

The dollar traded narrowly against its peers on Monday, as risk sentiment remained fragile over heightened concerns of slowing global growth and a partial U.S. government shutdown.

Dec 31, 2018

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Economy News

Monsanto has last laugh in BT cotton patent battle in India

Indians' average income doubled under Modi's watch, but there's a fine print

China upbeat ahead of US trade talks, but differences large

Karnataka tax rate hike pushes up fuel prices; reputation as low price haven under threat

IT earnings season set to begin under overhang of US slowdown fears

RBI stops printing Rs 2,000 notes two years after demonetisation; how safe is your cash?

New investments plunge to 14-year low amid Lok Sabha election year policy uncertainties

New year bonanza for salaried class as Modi govt may hike EPF rate

New Year cheer: Mass consumption items cheaper with GST cut

India retains crown as 'world's fastest growing economy'; China a close second

Nifty, Sensex mark cautious start to 2019

Ethiopian staff demand 8 months' salary as IL&FS hostage crisis deepens

Sharp dip in two-wheeler sales forces West Bengal govt to review license rules

India will see strong economic growth in 2019: CII

Dollar steady; Aussie gains on US-China trade developments

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