Economy News

Arun Jaitley hits back at RBI, says it allowed lending excesses

Government officials were very upset by RBI Deputy Governor Viral Acharya's comments, which included a reference to problems created in Argentina when its government meddled in central bank affairs.

Oct 30, 2018

modi japan visit india trade bilateral agreement tokyo china south china sea dispute territorial row bullet train shinzo abe pm defence ties technology

India, Japan seal $75-bn currency swap agreement

Economic Affairs Secretary Subhash Chandra Garg added the $75-billion agreement was one of the largest swap arrangements in the world.

Oct 30, 2018

Banks can get fire audit of currency chests done by approved agencies, says RBI

According to the RBI's annual report, there are around 3,654 small coin depots and 3,975 currency chests in the country out of which 2,575 are managed by State Bank of India.

Oct 29, 2018

wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

Price rally takes sheen off India's festive buying; 'consumers waiting for a correction'

Gold futures were trading around Rs 32,070 per 10 grams on Friday, having touched Rs 32,311, the highest since July 6, last week.

Oct 28, 2018

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".

Oct 27, 2018

Doubling down: IndiGo airline to expand, defend turf despite loss

IndiGo's success has been built on a model of simplicity, keeping costs low through the use of an all-Airbus fleet for metro flights and no codeshares with other airlines or a frequent flyer programme.

Oct 27, 2018

demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

ICICI Bank second-quarter profit halves, but asset quality improves

Net profit came in at Rs 9.09 billion ($123.84 million) in the three months ended September 30, compared with Rs 20.58 billion a year earlier, the private-sector bank said on Friday.

Oct 26, 2018

Yes Bank plunges on second-quarter profit miss; brokerages slash target prices

Shares of Yes Bank Ltd dived 15 percent to a four-week low on Friday, after the lender posted a weaker-than-expected quarterly profit due to higher provisions and weak asset quality.

Oct 26, 2018

Gold hits over 6-year high of Rs 32,625 on festive buzz, global cues

Silver, however, remained weak and fell by Rs 130 to Rs 39,600 per kg due to slackened demand from industrial units.

Oct 25, 2018

Made in India smartphones a big hit as home-grown manufacturers create 4.5 lakh jobs in last 4 years

India has more than a billion wireless subscribers, and about 380 million of them do not yet have a smartphone.

Oct 25, 2018

Karnataka's tax collection up 11% in 6 months

After forming a post-poll alliance with Congress, JD-S leader Kumaraswamy had taken the chief minister's office on May 23, and presented his maiden budget on July 5, as he also holds the finance portfolio.

Oct 24, 2018

Sensex, Nifty rebound on positive global cues, lower crude oil prices

The decline in the crude oil prices gave recovery for the global markets and aided the domestic markets to trade in the positive during the afternoon session of the trade on Wednesday.

Oct 24, 2018

Cyrus Mistry launches new global venture on second anniversary of his exit from Tata Sons

Cyrus Mistry launches a new global venture that provides strategic insights and advice to businesses, incubate new ventures and provide seed, early stage and growth capital to startups in India and worldwide.

Oct 24, 2018

bse nse share price sensex nifty gainers losers impact currency notes rs 500 and rs 1000 donald trump hillary clinton us presidential elections results india asian global cues equities

Q2 results, global cues subdue indices; Sensex sheds 290 points

Mixed second quarter results, combined with negative global cues and concerns over a liquidity crisis in the NBFC sector, subdued the key domestic indices on Tuesday.

Oct 23, 2018

Nafed to offload 200 tonnes of onion daily in Delhi to arrest price rise

Retail prices of onion, the main kitchen stable, have shot up to Rs 30-40 per kg because of tight supplies from the producing states, as per the trade data.

Oct 22, 2018

Prev 128 129 130 131 132 133 134 135 136 137 Next

Economy News

Arun Jaitley hits back at RBI, says it allowed lending excesses

India, Japan seal $75-bn currency swap agreement

Banks can get fire audit of currency chests done by approved agencies, says RBI

Price rally takes sheen off India's festive buying; 'consumers waiting for a correction'

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

Doubling down: IndiGo airline to expand, defend turf despite loss

ICICI Bank second-quarter profit halves, but asset quality improves

Yes Bank plunges on second-quarter profit miss; brokerages slash target prices

Gold hits over 6-year high of Rs 32,625 on festive buzz, global cues

Made in India smartphones a big hit as home-grown manufacturers create 4.5 lakh jobs in last 4 years

Karnataka's tax collection up 11% in 6 months

Sensex, Nifty rebound on positive global cues, lower crude oil prices

Cyrus Mistry launches new global venture on second anniversary of his exit from Tata Sons

Q2 results, global cues subdue indices; Sensex sheds 290 points

Nafed to offload 200 tonnes of onion daily in Delhi to arrest price rise

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