Economy News

IATA's 11th World Cargo Symposium to be held from March 14

It is estimated that about 1,000 cargo executives would participate at the 11th edition of IATA's World Cargo Symposium to be held in Abu Dhabi.

Mar 13, 2017

Saudi King Salman likely to visit India this year

Salman was crowned the new king in January 2015, following the death of his half-brother, King Abdullah.

Mar 13, 2017

India's factory output rises 2.7% in January

The factory output, as per the Index of Industrial Production (IIP), had inched lower by 0.10 percent during December 2016 and contracted by 1.6 percent in January of 2016.

Mar 11, 2017

Indians becoming more tax compliant? Personal income tax collection up 19.5% as of February 2017

Indirect tax collection is up 22.2 percent, while direct taxes have increased 10.7 percent at the end of February for FY2017.

Mar 10, 2017

New Rs 10 note to be introduced with increased security features

The Reserve Bank of India announced that it is issuing new Rs 10 notes, which will carry inset letter "L" in both number panels.

Mar 9, 2017

Budget Session 2017: Last chance for Parliament to pass GST laws; PM Modi hopes for 'breakthrough'

In his address on Thursday, PM Narendra Modi said a consensus would see through the crucial GST laws during the second half of Budget Session.

Mar 9, 2017

Corruption trial begins against Samsung heir Lee Jae-yong

Lee Jae-yong is being tried for his part in the graft case, which lead to the impeachment of its President Park Geun-hye.

Mar 9, 2017

Budget Session 2017: As second leg begins, here are top 5 issues that will cause disruptions

The Opposition will look to corner the government during the second leg of the budget session on a number of issues right from Gurmehar Kaur to GDP figures.

Mar 9, 2017

Spring Budget 2017: Winners and losers

On 8 May, Chancellor Philip Hammond revealed the last Spring Budget as Britain prepares for a post-Brexit economy. So, who are the winners and the losers of Hammonds Budget proposals?

Mar 8, 2017

Flipkart founders fall out of billionaires club

The successive devaluation of Flipkart has pushed the Bansals out of the billionaires' list.

Mar 8, 2017

Modi Govt revises GFRs to enable faster implementation of schemes

The revised General Financial Rules 2027 were released by finance minister Arun Jaitley on Tuesday.

Mar 8, 2017

International Women's Day special offers: Air India, Jet Airways, Vistara, SpiceJet roll out top deals

Domestic airlines Air India, Vistara, Jet Airways , SpiceJet are marking International Women's Day with various initiatives.

Mar 8, 2017

Spring Budget 2017 preview: What will Chancellor Philip Hammond have in his red box?

IBTimes UK attempts to predict what Hammond has been planning in Number 11.

Mar 7, 2017

India's vital statistics at a glance since note ban

Data for various sectors such as civil aviation, exports, imports, automobiles, tourism show a mixed trend after PM Modi's note ban decision.

Mar 7, 2017

India to remain world's fastest-growing economy, reveals Fitch Ratings's Global Economic Outlook

In its latest Global Economic Outlook (GEO) released on Tuesday, Fitch Ratings highlights significant trends globally.

Mar 7, 2017