Economy News

Bonds, rupee fall over mixed exit polls for PM Modi, rise in oil prices

The rupee fell to 71.41 to the dollar, weakest since November 20 and down from Friday's close of 70.80, while the 10-year benchmark bond yield rose to 7.50 percent from 7.46 percent.

Dec 10, 2018

Global stocks extend slump as global growth worries mount

Traders returned from the weekend to face a growing wall of worry, with the world's largest economies — the United States, China and Japan — all reporting weaker-than-expected data which pointed to moderating activity.

Dec 10, 2018

UK PM Theresa May expected to delay Brexit vote, demand better deal: Report

Theresa May's spokesman said on Friday the vote would go ahead next week despite calls from some lawmakers for a delay.

Dec 10, 2018

Election results, oil prices to direct equity indices movements

The results of Assembly elections in Rajasthan, Madhya Pradesh, Chattishgarh, Telangana and Mizoram will be declared on Tuesday.

Dec 9, 2018

FinMin extends deadline for filing GST annual returns till March 31

The annual returns form in which businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal was notified in September.

Dec 8, 2018

north block finance ministry finance ministry offices home ministry government of india

Who is Krishnamurthy Subramanian, India's newest Chief Economic Advisor

Subramanian will be taking over from Arvind Subramanian who stepped down from his post in June 2018.

Dec 7, 2018

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

OPEC will consider views of PM Modi seriously before cutting production: Saudi Oil Minister

India is the world's third largest oil consuming nation, which is more than 80 per cent dependent on imports to meet its energy needs. Led by Modi, it has been very strongly making a case for oil producers' cartel OPEC to price crude at reasonable and responsible rates.

Dec 7, 2018

Rupee falls 54 paise, touches 71 level against US dollar

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.82, then fell further to 71 against the American currency, down 54 paise over it's previous closing price.

Dec 6, 2018

steel production in india, steel production japan, steel exports by india, steel imports by india, india news, steel, tata steel, factory, iip, indian economy, gdp

Fitch lowers Indian economy's growth estimate; says rupee will weaken in 2019

Fitch said widening current account deficit and increasingly challenging global economic conditions will cause the rupee's slide.

Dec 6, 2018

india forex reserves, fii buying, rbi data on foreign exchange reserves, fii debt buying, fii equity buying, indian stock markets, foreign investors in indian stock markets, pm modi, modi govt completes 3 years

US dollar rebounds amid market expectation on fed rate hikes

In late New York trading on Wednesday, the euro decreased to $1.1340 from $1.1341 in the previous session, and the British pound was up to $1.2736 from $1.2717 in the previous session, Xinhua news agency reported.

Dec 6, 2018

Sushma swaraj meets Abu Dhabi Crown Prince HH Sheikh Mohammed bin Zayed Al Nahyan

India, UAE ink Rs 3,500 crore bilateral currency swap agreement to boost trade ties

With this agreement, trading and business can now be done using domestic currencies of both the countries, instead of the US dollar.

Dec 5, 2018

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

US dollar falls amid fears of slowdown in economic growth

The US dollar bought 112.81 Japanese yen, lower than 113.68 Japanese yen of the previous session. The US dollar decreased to 0.9974 Swiss franc from 0.9988 Swiss franc, and it was up to 1.3247 Canadian dollars from 1.3210 Canadian dollars.

Dec 5, 2018

Nifty, Sensex echo weakness in Asia; domestic investors await state election results

Asian shares fell as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. An inverted U.S. yield curve also raised concerns about a possible recession.

Dec 4, 2018

Government plans to sell 149 ONGC, OIL oil fields, forms 6 member panel

The committee is constituted after Prime Minister Narendra Modi held a meeting to review domestic production profile of oil and gas and the planform cutting import dependence by 10 percent by 2022.

Dec 3, 2018

WhatsApp seeks RBI nod for payment banks for its 200 million users in India

The development comes amid WhatsApp coming under heavy fire from the government over the spread of fake messages on its platforms.

Dec 3, 2018

Prev 124 125 126 127 128 129 130 131 132 133 Next

Economy News

Bonds, rupee fall over mixed exit polls for PM Modi, rise in oil prices

Global stocks extend slump as global growth worries mount

UK PM Theresa May expected to delay Brexit vote, demand better deal: Report

Election results, oil prices to direct equity indices movements

FinMin extends deadline for filing GST annual returns till March 31

Who is Krishnamurthy Subramanian, India's newest Chief Economic Advisor

OPEC will consider views of PM Modi seriously before cutting production: Saudi Oil Minister

Rupee falls 54 paise, touches 71 level against US dollar

Fitch lowers Indian economy's growth estimate; says rupee will weaken in 2019

US dollar rebounds amid market expectation on fed rate hikes

India, UAE ink Rs 3,500 crore bilateral currency swap agreement to boost trade ties

US dollar falls amid fears of slowdown in economic growth

Nifty, Sensex echo weakness in Asia; domestic investors await state election results

Government plans to sell 149 ONGC, OIL oil fields, forms 6 member panel

WhatsApp seeks RBI nod for payment banks for its 200 million users in India

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