Economy News

Tax evasion of Rs 29,088 crore detected in 1,835 cases during April-October 2018

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore. In the case of central excise duty, the DGGI detected 119 cases where tax evaded was worth Rs 1,553 crore.

Nov 21, 2018

Delhi airport charges hiked seven times; flying out from national capital to get costlier

Currently, the domestic passengers pay Rs 10 each for departing from the Indira Gandhi International airport while an international traveller has to pay Rs 45 as user development fee.

Nov 21, 2018

India's crude oil imports rise to highest level in at least 7 years

India is among the eight countries to have received a waiver from the United States to continue crude oil imports from Iran without penalty after sanctions were reimposed on Tehran.

Nov 21, 2018

In an ambitious plan, PM Modi wants to double the economy to $5 trillion

Highlighting the work done by his incumbent government he said that efforts are being made to double the size of the economy.

Nov 20, 2018

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Sensex, Nifty snap three-day rally on global selloff

Other big losers were Tata Steel falling 3.21 per cent, Vedanta 2.89 per cent, NTPC 2.42 per cent, Bharti Airtel 2.09 per cent, SBI 1.79 per cent, HDFC 1.31 per cent, ICICI Bank 1.24 per cent and Maruti Suzuki 1.18 per cent.

Nov 20, 2018

Rupee continues rising spree for sixth straight day, strengthens 29 paise to 71.38 against US dollar

The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4.

Nov 20, 2018

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Amid weak Q2 results, India Inc profit forecasts cut; Tata Motors and Vedanta take biggest hit

The weak demand environment has not allowed the companies to transfer the higher input costs to consumers which have eventually led to the weakened operating profit margins.

Nov 19, 2018

CIC asks PMO, RBI to disclose wilful defaulters' list, Raghuram Rajan's letter on bad loans

The commission had earlier issued a show cause notice to RBI Governor Urijit Patel for "dishonouring" a Supreme Court judgment and CIC directive on disclosure of the list of wilful defaulters.

Nov 19, 2018

Petrol and diesel prices dip further as global crude rates ease

Many factors affected this downward trend, like the recovery of rupee against dollar and a lower rate on international crude oil.

Nov 19, 2018

Rupee rises 10 paise against US dollar to 71.87

At the interbank forex market, the rupee opened higher at 71.94, and advanced 10 paise to 71.87 against the US dollar.

Nov 16, 2018

British PM Theresa May vows to move on with her Brexit plan

The prime minister made the statement as she is facing a possible leadership challenge after Jacob Rees-Mogg, a leading eurosceptic in her Conservative Party, sought a non-confidence vote over her draft agreement to leave the European Union (EU) in March 2019.

Nov 16, 2018

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Economy News

Tax evasion of Rs 29,088 crore detected in 1,835 cases during April-October 2018

Delhi airport charges hiked seven times; flying out from national capital to get costlier

India's crude oil imports rise to highest level in at least 7 years

In an ambitious plan, PM Modi wants to double the economy to $5 trillion

Sensex, Nifty snap three-day rally on global selloff

Rupee continues rising spree for sixth straight day, strengthens 29 paise to 71.38 against US dollar

Amid weak Q2 results, India Inc profit forecasts cut; Tata Motors and Vedanta take biggest hit

CIC asks PMO, RBI to disclose wilful defaulters' list, Raghuram Rajan's letter on bad loans

Petrol and diesel prices dip further as global crude rates ease

Rupee rises 10 paise against US dollar to 71.87

British PM Theresa May vows to move on with her Brexit plan

Exit of Flipkart CEO adds to fears in Corporate India about sexual misconduct - report

Theresa May seeks backing from cabinet for Brexit deal

Sensex ends 119 pts higher; Nifty breaches 10,600 mark amid easing crude oil prices

Interim budget 2019: Arun Jaitley may make crucial announcements in direct tax

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