Economy News

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Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

Fuel inflation has remained high for the past three-four months as petrol and diesel prices continued to rally high due to surge in global crude prisce.

Nov 14, 2017

Centre to revamp Make in India to create jobs and boost GDP

The government will focus on high potential sectors like leather, textiles and garments, engineering, pharmaceuticals and automobiles to create jobs.

Nov 14, 2017

India's October retail inflation touches 7-month high

India's annual consumer inflation in October increased to 3.58 percent from a year earlier, government data showed on Monday.

Nov 14, 2017

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FMCG companies set to reduce prices after GST rate cut; but benefits unlikely to reach consumers soon

Firms like Hindustan Unilever, Dabur, Amul, GlaxoSmithKline (GSK), Procter & Gamble, Nestle and Perfetti Van Melle said they have either decided to cut down prices or are planning to do so.

Nov 13, 2017

10 railway stations to have airport-like facilities by 2020

Redevelopment will be in core infrastructure like platforms, lounges, ticketing counters, parking and other facilities.

Nov 13, 2017

Narendra Modi Modi government modi completes two years in office

Govt plans to create jobs by training barefoot entrepreneurs

The Ministry of Skill Development and Entrepreneurship has selected Chhapra in Bihar to launch the project.

Nov 13, 2017

GST caused temporary slowdown, India poised to recover: Assocham

India is poised on the threshold of sustainable growth despite GST hiccups, says Assocham. Read to know more.

Nov 12, 2017

Chinese economy on the verge of collapse, requires thorough reforms: Central bank governor

Zhou Xiaochuan, governor of People's Bank of China, said that China's economy is currently very vulnerable due to the large amounts of borrowed capital.

Nov 11, 2017

India-China should join hands for better trade, says Alibaba even as calls to boycott Chinese goods get louder

Alibaba chairman Benny Chen said that India is important to the region in terms of trade and the neighbouring nation was the next big thing for numerous Chinese firms.

Nov 11, 2017

China to allow foreign players to hold majority stake in finance sector

Previously the investment from foreign players in this sector was capped at 25 percent. Market experts said that the announcement was good news for foreign banks.

Nov 10, 2017

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Upward move of crude oil price could hurt Modi's future moves

According to the Reserve Bank of India (RBI) estimates, if oil price hits high or even stays at the current level of $65 per barrel in the year through March, inflation could rise by 30 basis points.

Nov 10, 2017

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DeMo: Nov 8, 2016 will be remembered as a watershed moment in history of Indian economy, says Arun Jaitley [READ FULL TEXT]

Jaitley also claimed that demonetisation had helped in reducing stone pelting incidents in Kashmir and curbing Naxal activities as the 'miscreants have run out of cash'.

Nov 7, 2017

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Economy News

Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

Centre to revamp Make in India to create jobs and boost GDP

India's October retail inflation touches 7-month high

FMCG companies set to reduce prices after GST rate cut; but benefits unlikely to reach consumers soon

10 railway stations to have airport-like facilities by 2020

Govt plans to create jobs by training barefoot entrepreneurs

GST caused temporary slowdown, India poised to recover: Assocham

Chinese economy on the verge of collapse, requires thorough reforms: Central bank governor

India-China should join hands for better trade, says Alibaba even as calls to boycott Chinese goods get louder

China to allow foreign players to hold majority stake in finance sector

Upward move of crude oil price could hurt Modi's future moves

DeMo: Nov 8, 2016 will be remembered as a watershed moment in history of Indian economy, says Arun Jaitley [READ FULL TEXT]

Govt offers grants for cities adopting EVs for mass transport; step closer to Agenda 2030?

Walmart India to open 30 stores in next 3 years [VIDEO]

India adds 1,000 technology start-ups in 2017: Nasscom [VIDEO]

Ileana D'Cruz to retire from acting; wishes to spend quality time with husband, son [details]

Priyanka Arul Mohan has big Tollywood plans; mulling big moves with Pawan Kalyan and Nani

'You are doing this for pictures': Twinkle Khanna refuses to sign autograph on her book for Akshay Kumar; fans say 'So insulting'

Henry Kissinger passes away; "Created huge headaches for India": Remembers Congress

'Doting pati and son': Vicky Kaushal touches his parents' feet, walks hand-in-hand with wife Katrina Kaif [Watch]