Economy News

Food bills at Delhi restaurants come in for scrutiny; Delhi High Court issues notice to AAP govt

The Delhi HC has sought response from the AAP government on a petition alleging that restaurants overcharge customers with VAT.

Aug 27, 2016

pay commission bonanza karnataka govt employees cm siddaramaiah jubilee association lakhs of benefit hike salary

7th Pay Commission: Salary hike likely for Karnataka govt employees; CM hints at setting up new panel

Karnataka CM Siddaramaiah says state government would consider setting up pay commission to explore salary hike for employees.

Aug 26, 2016

urjit patel raghuram rajan rbi governor appointment style

RBI governor-designate Urjit Patel to be more formal, unlike Raghuram Rajan

Urjit Patel, currently one of the four deputy governors, is more likely to play to the script, unlike Rajan.

Aug 26, 2016

bank jobs recruitment clerical thousands hiring employees scrapping of bsrb cwe test examination ibps cwe written common

Bank jobs: Examination, selection process, other details you need to know about 19,000 vacancies

the Institute of Banking Personnel Selection (IBPS) will conduct the 6th CWE to fill 19,243 clerical positions in banks.

Aug 25, 2016

State Bank of India to raise Rs. 11,000 crore to meet Basel III norms

The country's largest lender plans to raise about Rs. 11,000 crore to ensure compliance with Basel III norms.

Aug 25, 2016

upi npci bank payments mobile banking goes live 21 banks digital banking unified payment interface national payments rbi commercial

India heralds new chapter in digital banking, UPI app goes live

Developed by NPCI, the Unified Payments Interface (UPI) is unique as it enables retail outlets to generate bills and secure payments.

Aug 25, 2016

India contributing big to global Internet of Things outsourced market

The IoT market will see intense consolidation through acquisitions and investments as service providers focus on end-to-end solutions.

Aug 24, 2016

7th Pay Commission: Jharkhand appoints panel to examine salary hike for employees

A decision was taken on Tuesday by the Jharkhand government to appoint a fitment panel to look into 7th pay commission proposals.

Aug 24, 2016

Defence airspace for civil aviation purposes

Centre likely to free defence airspace for commercial flights, AAI working on routes

The flexible usage of air space would cut down expenditure on fuel cost and reduce travel time, Business Standard reported.

Aug 24, 2016

gst cii states forbes industry revenue neutral rate inflation naushad

GST rate above 18% would hurt growth, says CII president Naushad Forbes

CII chief Naushad Forbes says GST rate above 18 percent would hit consumption and thereby prove detrimental to the economy.

Aug 24, 2016

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Karnataka: Multiplex film tickets may get cheaper, draft policy recommends price to be capped at Rs. 120

The draft policy proposes making it mandatory for multiplexes in Karnataka to have two prime-time shows of Kannada films.

Aug 24, 2016

Changing union budget presentation to January

Taxman sees multiple benefits in advancing budget presentation to January

Shifting the budget presentation to January will bring in more efficiency, Central Board of Direct Taxes head Rani Singh Nair said.

Aug 24, 2016

Play

Four companies confounding the Brexit doom-mongers

With all the post-vote pessimism hurting a whole range of companies in the domestically-sensitive Retail, Housebuilding and Leisure sectors, there is still value to be had even after the recent stock market rally back. Here are four companies that I think can rebound further should the UK economy hold up in the months ahead.

Aug 23, 2016