Economy News

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Aviation stocks to be in focus next week after release of domestic air traffic data for February

The domestic passenger volume growth has been hovering around 25 percent for the past few months in India.

Mar 18, 2017

Delhi: Airbus to set up its first Asia training centre for aircraft pilots at Aerocity

The Airbus India Training Centre at Aerocity in New Delhi will be built in a modular concept in order to become operational by end-2018 with two A320 full flight simulators.

Mar 17, 2017

Quick update on Indian stock, currency markets and foreign exchange reserves

Benchmark index Sensex is 375 points away from lifetime high while NSE Nifty closes at record high of 9,160, thanks to ITC; India's foreign exchange reserves stable.

Mar 17, 2017

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Maharashtra opposition wants SBI chief Arundhati Bhattarcharya to apologise

Opposition parties protested against SBI chairperson Arundhati Bhattacharya's comments on farm-loan waiver.

Mar 16, 2017

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India's engineering exports to cross $60 billion in FY 2017: Nirmala Sitharaman

For the 11-month period ended February 2017, India's engineering exports stood at $57.5 billion.

Mar 16, 2017

Dubai Chamber Chairman Majid Saif Al Ghurair, Maharashtra CM Devendra Fadnavis, Dubai Chamber of Commerce and Industry

Dubai Chamber to open first India office in Mumbai in 2017

A delegation of Dubai Chamber led by Chairman Majid Saif Al Ghurair is on a visit to India.

Mar 16, 2017

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Rupee gains further on dollar deluge; DBS Bank analyst looks at options for RBI

The Indian rupee has been scaling new highs for the past few days, thanks to dollar inflows on account of equity buying by foreign investors.

Mar 16, 2017

US credit cardholders to take $1.6 billion hit after US Fed hikes interest rate

Apart from credit cardholders, students and home loan buyers are also likely to be affected by the interest rate hike by the US Federal Reserve.

Mar 16, 2017

Tamil Nadu Budget 2017: All you need to know about the state Budget

Finance Minister D Jayakumar presented the state Budget in the Tamil Nadu Assembly on Thursday.

Mar 16, 2017

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India fast-tracks hydro projects in Kashmir

Hydropower projects worth $15 billion are being implemented at a fast pace, ignoring warnings from Pakistan.

Mar 16, 2017

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India's exports rise 17.5% in February, up for the sixth straight month; gold imports spurt 147%

Trade data released on Wednesday shows India's imports increase 21.76 percent while exports grew 17.48 percent, widening trade deficit. Gold imports up at $3.48 billion.

Mar 15, 2017

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Foreign investors net buyers on Indian stock markets for 9th consecutive day

Foreign institutional investors (FIIs/FPIs) have bought stocks worth Rs 12,838 crore in nine days this month, strengthening the Indian rupee.

Mar 15, 2017

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Union Cabinet announces 2% hike in DA for Central government employees, pensioners

The two percent increase in dearness allowance (DA) will be effective from January 1, 2017, for Central government staff and pensioners.

Mar 15, 2017

Multiplex tickets get cheaper in Bengaluru

Tickets in multiplex get cheaper in Bengaluru: Lets remember the selfless contribution of this trio

Kirik Keerthi aka Keerthi Kumar, Dayal Padmanabhan and KM Veeresh are happy because their fight against the exorbitant ticket prices charged by multiplexes has finally met with success.

Mar 15, 2017