Economy News

Take 30% pay cut or leave: Jet Airways' junior pilots do not have much choice

In a bid to trim cost, Jet Airways is said to have made a few changes to the pilots' contracts and it will now be mandatory for them to take 10 days of leave in a month apart from their weekly offs.

Jul 21, 2017

Flare deal: ONGC's new test of resilience

The deal pushes great downstream growth for ONGC, but will need vision and a free hand to accomplish its ends.

Jul 20, 2017

Loans at your command: ICICI Bank offers up to Rs 15 lakh instant loans via ATMs

Customers can get pre-qualified personal loans of up to Rs 15 lakh in their savings accounts instantly.

Jul 20, 2017

Home loan, fixed deposit interest rates might sink further

Banks crank up interest rate engines, reassess credit scenario ahead of possible RBI cut

Jul 20, 2017

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GST confusion likely to hit merchandise exports in July, suggests report

Customs officials are interpreting GST rules differently, leading to problems, says apex body of exporters.

Jul 20, 2017

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Domestic air traffic rises 20% in June

Indian carriers flew 95.68 lakh passengers in June this year as against 79.75 lakh passengers last year.

Jul 19, 2017

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More Indians prefer stocks over mutual funds, reveals Geojit Financial survey

While 61 percent respondents prefer to invest directly in stocks, 23 percent would opt for the mutual fund route, reveals the survey.

Jul 19, 2017

Jane Austen 200: New two pound coin marks anniversary of writers death

The designer of the Jane Austen £2 coin, Dominique Evans, speaks about how the new coin came about.

Jul 18, 2017

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Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Biggest fall since November 2016 as Nifty ends below 9,850; BSE Sensex dragged down by index heavyweights ITC and Reliance Industries.

Jul 18, 2017

Legal spillover: RIL, ONGC, Shell told to shell out $3 bn in fines

The dispute over the government's share of profit petroleum and royalty from the PMT fields has raged for many years.

Jul 18, 2017

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State Bank of India warns account holders over Aadhaar

The message by SBI to account holders was sent on a day the Supreme Court referred all Aadhaar-related matters to a nine-judge bench.

Jul 18, 2017

State of realty: Rotten foundations? Yes; unreal expectations? No

Prices haven't really dropped, new project launches are on full steam, but real estate inventories are more or less intact as demand stays down.

Jul 17, 2017

GST Council increases cess on cigarettes

"In first 15 days of GST implementation, it was noted that the 28 pc tax rate plus compensation cess on cigarettes when translated, the impact of cascading effect had not adequately factored in, resulting in windfall gain for the cigarette companies," finance minister Arun Jaitley said.

Jul 17, 2017

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it

Jul 17, 2017

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Number of PSBs may go down to 12 as govt mulls consolidation

The 21 public sector banks are expected to be consolidated to 10-12 in the medium term.

Jul 17, 2017

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Economy News

Take 30% pay cut or leave: Jet Airways' junior pilots do not have much choice

Flare deal: ONGC's new test of resilience

Loans at your command: ICICI Bank offers up to Rs 15 lakh instant loans via ATMs

Home loan, fixed deposit interest rates might sink further

GST confusion likely to hit merchandise exports in July, suggests report

Domestic air traffic rises 20% in June

More Indians prefer stocks over mutual funds, reveals Geojit Financial survey

Jane Austen 200: New two pound coin marks anniversary of writers death

Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Legal spillover: RIL, ONGC, Shell told to shell out $3 bn in fines

State Bank of India warns account holders over Aadhaar

State of realty: Rotten foundations? Yes; unreal expectations? No

GST Council increases cess on cigarettes

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Number of PSBs may go down to 12 as govt mulls consolidation

Despite Cease Request, Chinese Spy Ship Hits Sri Lankan Port; What Does This Mean for India?

Laal Singh Chaddha Is Aamir's Biggest Disaster Since Mela; Earns Just Rs 46 Cr

3-Month offer: New Spotify Premium users to get 3 months of free service

After 38 long years, mortal remains of a martyr soldier recovered from Siachen Glacier [details]

What is J&K's Village Defence Guards scheme; new way to foil terrorists' evil designs [details]