Economy News

Indian economy cools down to 7.1% in September quarter

The GDP growth rate for H1, FY2017 is also 7.1 percent, as disclosed by Commerce and Industry Minister Nirmala Sitharaman on Monday.

Nov 28, 2016

Airports Authority of India to start digital payment for airport parking fees

The digital payment system will be applicable from November 29.

Nov 28, 2016

India's last pre-demonetisation GDP figures likely to be released soon

The September quarter (Q2) economic growth data will be keenly analysed; Q3 data will factor in demonetisation-induced slowdown.

Nov 28, 2016

RBI Governor Urjit Patel finally speaks on demonetisation; says govt working to 'ease pain of honest citizens'

Patel requested people to use debit cards and digital wallets instead of cash as it would make transactions easier and cheaper.

Nov 28, 2016

Government using demonetisation to push for financial inclusion: Report

The Centre has asked state governments, banks and employers to open bank accounts for temporary and contractual workers.

Nov 28, 2016

India's earnings from medical tourism could exceed US $8 billion by 2020: Dr Prathap Reddy

The Chairman of the Apollo Hospitals Group, who has been giving us updates on Jayalalithaa, discusses healthcare needs, medical tourism and healthcare education in India.

Nov 28, 2016

Goa aims to go cashless from Dec 31, educates vendors about mobile payments

Defence Minister Manohar Parrikar held a meeting with banks on Saturday and said Goa will become the first to go cashless.

Nov 27, 2016

Bharat Bandh likely to be a flop show as most regional parties opt out

The Congress has also sidelined itself saying the BJP was falsely accusing it of calling for a Bharat Bandh on Monday.

Nov 27, 2016

Delayed infra projects risk cost overrun of Rs 1.77 lakh crore

In a flash report, the Ministry of Statistics and Programme Implementation highlighted that only 282 of the 1,167 infrastructure projects are on schedule.

Nov 27, 2016

Foreign investors dump Indian equities, debt worth $5 billion in November

The selling pressure in Indian capital markets intensified in November over concerns that the note ban could slow down the economy.

Nov 27, 2016

FinMin calls for more private investment in infrastructure sector

Jaitley said India's economy achieved robust growth rate during the first half of present fiscal.

Nov 27, 2016

IDS declarants, pay tax by November 30 warns Income tax department

The income tax department warns declarants that non-payment of first instalment by November 30 will make declarations invalid.

Nov 27, 2016

Morning brief: Pak's new Army Chief, Hamilton takes pole position, Trump pursued Princess Diana and more

Also read about RBI's instruction to banks on demonetisation and Samsung Galaxy S8's big promise.

Nov 27, 2016

Demonetisation: RBI directs banks to maintain incremental CRR of 100% on increase in deposits

The RBI directive comes as a temporary measure to absorb excess liquidity caused by demonetised-induced surge in bank deposits.

Nov 26, 2016

BJP MP Subramanian Swamy speaks at Foreign Correspondents' Club, Hong Kong {VIDEO}

In this video, BJP MP Subramanian Swamy can be seen speaking about Indian politics, corruption and black money.

Nov 26, 2016