Economy News

China fails to reveal if it offered financial aid to cash-starved Pakistan

A day after Khan's four-day China visit ended, Pakistan's Finance Minister Asad Umar said that Beijing has offered $6 billion loans Islamabad to resolve country's economic crisis.

Nov 8, 2018

Arun Jaitley takes on demonetisation critics; calls it a key step to formalise economy

Congress has launched a campaign using hashtag '#DestructionByDemonetisation'. And responding to the campaign, the BJP has started a Twitter war by using hashtag #CorruptCongressFearDemo.

Nov 8, 2018

From Kejriwal to Manmohan, Opposition leaders train guns on BJP over demonetisation

On the second anniversary of the ban on Rs 500 and Rs 1,000 currency notes, the Congress called it a "black day" for the democracy and national economy, while the CPI-M termed it the "biggest scam in the history".

Nov 8, 2018

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PM Modi's demonetisation drive a 'black day' for India's democracy, economy: Congress

On November 8, 2016, the Centre had declared Rs 500 and Rs 1,000 notes as non-legal and introduced new Rs 500 and Rs 2,000 notes.

Nov 8, 2018

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India suffers WTO setback in Japan's steel tariff dispute

India fears a WTO ruling on safeguard tariff following a Japanese challenge on steel import duty will have an impact on import from other sources

Nov 8, 2018

Indian Bank raises Rs 110 crore through bonds

According to the statement, the credit rating assigned to these bonds is "CRISIL AAA/Stable" and "CARE AAA".

Nov 7, 2018

Centre demands one third of RBI reserve, RBI says no

The issue is related to the Centre seeking transfer of Rs.3.6 lakh crore that is more than a third of the total Rs.9.59 lakh crore reserves of RBI.

Nov 6, 2018

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.

Nov 6, 2018

Rupee recovers 21 paise against US dollar in early trade

The dollar's weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said.

Nov 6, 2018

Reserve Bank of India bought 37% of gold reserves in Q3 of 2018: WCD report

RBI has bought 21 tonnes of gold between January to September, with the highest purchase in the Q3. Currently, the total gold reserves with RBI is 566 tonnes.

Nov 5, 2018

Sensex down 150 points, rupee at 73

"The decline in the domestic currency is because of the US dollar, which is stronger as the their economy is doing well. As far as markets are concerned, the volatility is expected to continue. It is trading in a tight range and will continue for few months," Astha Jain, Senior Analyst, Hem Securities.

Nov 5, 2018

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Economy News

China fails to reveal if it offered financial aid to cash-starved Pakistan

Arun Jaitley takes on demonetisation critics; calls it a key step to formalise economy

From Kejriwal to Manmohan, Opposition leaders train guns on BJP over demonetisation

PM Modi's demonetisation drive a 'black day' for India's democracy, economy: Congress

India suffers WTO setback in Japan's steel tariff dispute

Indian Bank raises Rs 110 crore through bonds

Centre demands one third of RBI reserve, RBI says no

Raghuram Rajan defends RBI call for autonomy

Rupee recovers 21 paise against US dollar in early trade

Reserve Bank of India bought 37% of gold reserves in Q3 of 2018: WCD report

Sensex down 150 points, rupee at 73

Global cues, rupee dent equity indices

US to impose 'toughest ever' sanctions on Iran

CIC issues show-cause notice to RBI guv Urjit Patel for non-disclosure of wilful defaulters' list

India may trade with Iran in rupee for oil supplies

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