Economy News

Indian Oil Corporation Petrol prices petrol price hike IOC

BJD holds protests against fuel price hike in Odisha

Petroleum Minister Dharmendra Pradhan said the BJD was suffering from mental bankruptcy as Odisha was now getting a revenue of over Rs 7,000 crore as against Rs 3,000 crore in 2014.

Sep 7, 2018

The Trump effect? US job growth accelerates in August; unemployment rate drops

The US government imposed import duties on goods including steel, aluminium, lumber and solar panels early this year to protect American industries from what Trump says is unfair foreign competition.

Sep 7, 2018

Digital currency is more cost effective than physical currency: Andhra CM

He also shared the update of capital city Amaravati's development and also blamed the central government for not giving funds and creating hurdles.

Sep 6, 2018

Rupee hits all-time low of 72.12, drops 37 paise against US dollar

Investors remained concerned over sustained foreign capital outflows and widening current account deficit in the wake of soaring crude oil prices.

Sep 6, 2018

Sharjah FDI Forum to begin in December; business leaders to discuss future of global economies

The new edition will address the current socioeconomic developments and changes in global economies, and the integration of innovative solutions and technologies to boost competitiveness and sustainability.

Sep 6, 2018

GST impact: Unemployment rate increased from 4.1% to 6.4 % despite economic growth

For Prime Minister Narendra Modi, the drawbacks of the GST, especially the job losses, could prove costly in major state elections later this year and a general election in mid-2019.

Sep 6, 2018

President Xi Jinping warns Taiwan: attempts to split China doomed to fail

China's Xi offers $60 billion aid; move to curb Indian presence in Africa

India has a strong presence in the continent with around 140 Indian companies having invested close to $4 billion in South Africa.

Sep 4, 2018

India keeps Iranian oil flowing; defies US sanctions pressure

China and India are importing oil from Iran by using ships and insurance provided by them.

Sep 4, 2018

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Reserve Bank of India buys gold to diversify assets for first time in nearly a decade

As of June 30, the stock of gold stood at 18.20 million troy ounces or equivalent to 566.23 metric tonnes, as against 17.9 million troy ounces in November 2017.

Sep 3, 2018

Prez Ram Nath Kovind says India is at an exciting juncture; invites investments from Cyprus

Cyprus is the eighth largest investor in India and bilateral trade stands at around $8.2 billion.

Sep 3, 2018

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'Raghuram Rajan's policies led to slump, not demonetisation'

Niti Aayog vice-chairman Rajiv Kumar says Rajan's policies on stressed assets resulted in a steep rise in non-performing assets in the banking sector. This led to a drastic shrinking of credit for the small scale sector, he adds.

Sep 3, 2018

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Rupee depreciation not always leads to export growth: EEPC

EEPC pointed out that the best thing in the interest of exporters is a stable currency. In any case, the present depreciation of rupee should get a contextual perspective that it is not the Indian currency alone which has lost ground against the US dollar.

Sep 3, 2018

Union Budget 2017, Union Budget 2017 entertainment sector

Rupee up by 23 paise; strengthens to 70.77 against US dollar

Official data released after market hours on Friday showed India's economy grew at a two-year high of 8.2 per cent in the April-June quarter of 2018-19 on the strong performance of manufacturing and agriculture sectors. This has increased its lead over China to remain the world's fastest-growing major economy.

Sep 3, 2018

Wipro bags biggest ever contract worth $1.5 billion from US-based Alight Solutions

In a statement, Wipro said that "this deal will result in revenues of $1.5-1.6 billion for Wipro over the tenure. This is Wipro's largest win to date."

Sep 2, 2018

GST collection falls to Rs 93,960 crore, lowest in FY19

The reasons attributed to the low GST collection this month was seasonal factors as well as a probable deferment of purchases by consumers after rate cuts were announced by the GST Council on July 21.

Sep 2, 2018

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Economy News

BJD holds protests against fuel price hike in Odisha

The Trump effect? US job growth accelerates in August; unemployment rate drops

Digital currency is more cost effective than physical currency: Andhra CM

Rupee hits all-time low of 72.12, drops 37 paise against US dollar

Sharjah FDI Forum to begin in December; business leaders to discuss future of global economies

GST impact: Unemployment rate increased from 4.1% to 6.4 % despite economic growth

China's Xi offers $60 billion aid; move to curb Indian presence in Africa

India keeps Iranian oil flowing; defies US sanctions pressure

Reserve Bank of India buys gold to diversify assets for first time in nearly a decade

Prez Ram Nath Kovind says India is at an exciting juncture; invites investments from Cyprus

'Raghuram Rajan's policies led to slump, not demonetisation'

Rupee depreciation not always leads to export growth: EEPC

Rupee up by 23 paise; strengthens to 70.77 against US dollar

Wipro bags biggest ever contract worth $1.5 billion from US-based Alight Solutions

GST collection falls to Rs 93,960 crore, lowest in FY19

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