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Economy News

pay commission consumption demand inflation goods purchases buying eating out salary pensioner pension hike allowances notification modi govt

Payments banks, small finance banks to offer Atal Pension Yojana: All you need to know

In India, there are 11 payments banks and 10 small finance banks which have received the licence from the RBI to start banking operations. All these financial institutions will offer APY. Jan 27, 2018
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Good news for Indian techies as Trump proposes to end visa lottery system in favour of skilled workers

If the new proposal gets passed by the Congress and signed into law, it is expected to reduce the backlogs for getting Green Cards for the highly-skilled Indian migrants. Jan 27, 2018
Real estate

Good news for first-time homebuyers: GST relief for low-cost houses comes into effect from Jan 27

However, people who do not qualify for the CLSS will have to pay 12 percent GST for the same house. Jan 26, 2018
china, china economy, china growth rate 6.7 percent, china growth rate 6.7%, xi jinping, indian economy

Is China's 'Minsky moment' near? Soaring debt about to trigger next global financial crisis?

'China's credit bubble is easily the fastest growing in the history of capitalism' Jan 25, 2018
iGate

Budget 2018: Focus on National Employment Policy, labour law reform as jobless ranks swell to 18 million

The much-awaited National Employment Policy, which is expected to be unveiled in the 2018 budget, could be a game changer. Jan 25, 2018
bank of baroda, bob, bank of baroda share price, banks, atms, atm, cash, rbi, cash withdrawal, note ban, demonetisation

'Your money in public sector banks is safe': Govt unveils banks recapitalisation details

The government will infuse Rs 881.39 billion into public sector banks, of which Rs 8,139 crore is through the budgetary allocation in this financial year. Jan 24, 2018
unemployment in india, unemployment rate in india, bse-cmie unemployment index, pm modi 2014 elections, modi govt job creations, jobs created under modi govt

Disturbing trend: ILO warns 77% of Indian workers will face employment vulnerability by 2019, higher than world level

ILO's World Employment and Social Outlook report stated that India's vulnerable employment level is much higher than those of the world or the South Asia region. Jan 24, 2018
Home loan tax benefits

Home Loan: Tax Benefits You Must Know

There are a lot of ways you can gain tax benefits on a home loan. Jan 23, 2018
PM Modi delivering his keynote speech, at the plenary session of the World Economic Forum, in Davos on January 23, 2018.

PM Modi at Davos says India means business: How political rivals, Twitter reacted

Here's how people reacted to Prime Minister Narendra Modi's speech at the World Economic Forum in Davos. Jan 23, 2018
PM Narendra Modi

PM Modi showcases the India story at Davos: Young Indians will be job-providers, not job-seekers

Narendra Modi is the first Indian PM to address World Economic Forum in 20 years since Deve Gowda in 1997. Jan 23, 2018
Indian cricket team

The genius of Kerry Packer and the jackpot win of Indian cricket

Kerry challenged cricket governing authorities across the world and ushered in the 50-overs-a-side cricket matches. Jan 23, 2018
PM Narendra Modi

India to overtake Germany and become the 4th largest economy in 2022: Report

The IMF expects that the pace of expansion in India will revive to almost 8 percent over the next four years. Jan 23, 2018
Davos, SwitzerlandThe logo of the World Economic Forum (WEF) is seen the congress centre in the Swiss mountain resort of Davos, Switzerland, January 11, 2018 REUTERS/Arnd Wiegmann

World Economic Forum in Davos: India 5th most attractive spot for investment, shows PwC survey of global CEOs

The top five investment destination picked by the CEOs are — in decreasing order of preference — the US, China, Germany, the UK and India. Jan 23, 2018
Petrol pump

Fuel gets dearer again: Petrol price crosses Rs 80 per litre mark in Mumbai

In Mumbai, the price of a litre of petrol stood at Rs 80.10 while diesel cost Rs 67.10 on Monday. Jan 22, 2018
Artificial Intelligence

Robots to join armed forces much earlier? India, Japan team up to use AI and robotics in defence

The joint efforts of the two Asian giants on the use of AI and robotics in the defence sector are expected to start by the end of January. Jan 22, 2018
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