Economy News

Budget 2019: Here's how people are profiled in TV coverage

The budget coverage has evolved into a perfect format where everyone in society is represented, unequally, with a voice proportionate to their social standing.

Jul 5, 2019

India violating international trade norms: US complains to WTO

The US accused India of applying high duty rates on imports despite the standardised rates in India's schedule of concessions.

Jul 5, 2019

Market on tenterhooks as Sitharaman begins speech presenting Union Budget 2019

Sectoral indices of banks, auto, FMCG, and realty advance while metals worst hit in a market that is vertically split.

Jul 5, 2019

Nirmala's Budget 2019: 'Gaon, gareeb, kisan' to be core agenda, India inc new job creator, 25% tax for Rs 400 cr firms

Apart from revving economic growth, the rising fiscal deficit is another challenge that Finance Minister Nirmala Sitharaman addressed in Parliament today.

Jul 5, 2019

Budget 2019: Big push likely for farm sector, water projects, employment

The Budget is likely to include a proposal to spend 75 per cent of rural employment guarantee scheme MNREGA allocation on water-related projects.

Jul 5, 2019

Here's what made global investors fund Rs 26,749 crore in Indian start-ups

The recent statistics by Tracxn, a data tracker, shows that 10 significant deals crossing over $100 million were successfully completed in India in the last five months.

Jul 4, 2019

Union Budget 2019: What to expect from new finance minister Nirmala Sitharaman

Finance Minister Sitharaman is likely to retain allocations in the interim budget to ministries and departments in her maiden full budget.

Jul 4, 2019

Will Nirmala Sitharaman ever consider introducing Inheritance Tax, the way Japan did?

Finance Minister Nirmala Sitharaman may unveil a new mindset that may explore the possibility of introducing new taxes and Inheritance tax may top them all

Jul 4, 2019

GDP growth projected at 7% for 2019-20: Key insights from Economic Survey

According to the Economic Survey, the GDP growth projection of 7 percent in 2019-20 fiscal reflects a recovery in our economy after a deceleration in the growth momentum in 2018-19.

Jul 4, 2019

Kumaraswamy woos US businesses to invest in Karnataka

Chief Minister H.D. Kumaraswamy invited US businesses to participate in the 'Global Investors' Meet' Karnataka would host in January 2020.

Jul 3, 2019

Indian startups attracting investors again, raise record $3.9 billion in 2019

In comparison, during the entire 2016 and 2017, the Indian startups managed to raise $4.2 billion and $4.3 billion respectively.

Jul 1, 2019

Why is Deutsche Bank planning to cut 20,000 jobs?

Deutsche Bank has seen a significant 3,900 job cuts in the first quarter and a total of 7,000 job cuts since CEO Christian Sewing took over last year.

Jul 1, 2019

US-China trade war: Trump to discuss Huawei issue with Xi at G20 Osaka summit

Chinese officials have said that reversing the technology ban on the Chinese tech giant was their top priority in trade negotiations between the two countries.

Jun 29, 2019

Major victory for India on solar panel incentives as WTO rules against US

Notably, the US had made a similar complaint against India in WTO in 2014, claiming that India's Jawaharlal Nehru Solar Energy Mission provided incentives for domestically produced solar cells and modules.

Jun 28, 2019

Gross NPAs to come down to 8% by end of FY20: CRISIL report

The report said that NPAs in public sector banks, which account for more than 80% of NPAs are expected to register a fall over 400 bps to around 10.6 percent by March 2020 from a peak level of 14.6 percent in March 2018.

Jun 26, 2019