Economy News

Petrol and diesel prices at its lowest in 2018

Petrol prices, which have been on a decline since October 18 except for one day, are at their lowest level of 2018. Diesel rates are at their lowest since March-end.

Dec 30, 2018

India overtakes China in FDI inflows first time in 20 years

While India received more than $38 billion in FDI so far this year China lagged behind with $32 billion, data from global M&A and capital markets data provider showed.

Dec 28, 2018

An Indian farmer packs onions for sale in market in a field

Centre mulls Rs 60,000 crore agricultural package to meet Congress loan waiver challenge

Hectic parleys target announcement of a programme with free crop insurance, credit schemes and relief measures before the 2019-2020 Union Budget.

Dec 28, 2018

Retailers retaliate: Offline vendors stop stocking Bosch, Siemens products

Brick-and-mortar chains will not stock German manufacturer's products after it failed to stop online deep discounts

Dec 28, 2018

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Rupee surges 19 paise against dollar in early trade

At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.79 a dollar against the previous close of 70.14.

Dec 26, 2018

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Global stocks under a cloud as US political tumult adds to growth anxiety

US Treasury Secretary Steven Mnuchin had also raised market concerns by convening a crisis group amid the pullback in stocks.

Dec 26, 2018

Big relief for states as Modi govt may compensate on GST till 2025

The 15th Finance Commission has been tasked to make a blueprint on the modalities of the compensation proceeds to the state governments.

Dec 25, 2018

Indo-French talks on largest atomic power plant to begin soon

Nuclear Power Corporation is studying the techno-commercial proposal of prospective French partner EDF

Dec 24, 2018

Global cues, derivatives expiry to chart stock market's course

Globally, concerns over a slowdown in international growth and the ongoing partial US government shutdown are expected to be major themes during the truncated weekly trade.

Dec 23, 2018

Reversing trend in currency market; Indian rupee becomes best preforming currency in Asia since November

Interestingly, since October end, the rupee has gained 5.39% against the US dollar, making it the best performing currency in the Asian region.

Dec 23, 2018

GST council slashes taxes on 22 items; govt. to take Rs 5,500 crore hit

In another major decision, the council exempted the frozen and provisionally preserved vegetables from GST.

Dec 23, 2018

Rupee slips 37 paise to 70.07 against US dollar in early trade

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee.

Dec 21, 2018

Japan's cabinet approves record $900 billion budget, aims to soften sale tax blow

The general-account budget for the year starting April 1 is 101.5 trillion yen ($902.3 billion), and features increased spending on welfare, public works and defence on top of the offsetting steps.

Dec 21, 2018

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Dollar struggles near one-month low, risk aversion boosts yen

The dollar hovered near a one-month low against its peers on Friday, weighed down by a subdued outlook toward U.S. interest rates and the economy, while risk aversion in the broader markets boosted the yen.

Dec 21, 2018

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UK economy to slip to 7th biggest in world in 2019: PwC

PwC projected economic growth in 2019 of 1.6 percent for Britain — assuming the country manages to avoid the shock of a no-deal Brexit in March — versus 1.7 percent for France and 7.6 percent for India.

Dec 19, 2018

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Economy News

Petrol and diesel prices at its lowest in 2018

India overtakes China in FDI inflows first time in 20 years

Centre mulls Rs 60,000 crore agricultural package to meet Congress loan waiver challenge

Retailers retaliate: Offline vendors stop stocking Bosch, Siemens products

Rupee surges 19 paise against dollar in early trade

Global stocks under a cloud as US political tumult adds to growth anxiety

Big relief for states as Modi govt may compensate on GST till 2025

Indo-French talks on largest atomic power plant to begin soon

Global cues, derivatives expiry to chart stock market's course

Reversing trend in currency market; Indian rupee becomes best preforming currency in Asia since November

GST council slashes taxes on 22 items; govt. to take Rs 5,500 crore hit

Rupee slips 37 paise to 70.07 against US dollar in early trade

Japan's cabinet approves record $900 billion budget, aims to soften sale tax blow

Dollar struggles near one-month low, risk aversion boosts yen

UK economy to slip to 7th biggest in world in 2019: PwC

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