Economy News

Rupee predicted to trade at 68.22 per dollar in a year; will hit a major low

The battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found.

Aug 10, 2018

Walmart-Flipkart deal to fetch Narendra Modi-led govt Rs 13,000 crore in tax?

Walmart executives had a meeting with senior income tax officials and assured them that the company will comply with all the rules and regulations.

Aug 10, 2018

Panel on fair market conduct recommends phone call intercepting powers to SEBI

According to present rules and regulations, SEBI has the power to only ask for call records including numbers called and the duration of calls made.

Aug 10, 2018

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Japan's trade balance likely to show deficit for July amid global trade tensions

Japan's exports likely grew at a solid pace in July, although worries lingered over global trade tensions, which could damage the nation's shipments and the economy, a Reuters poll showed on Friday.

Aug 10, 2018

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State govts get nutritional cushion; Centre to sell pulses at discounted rates through PDS

Pulses like tur, chana, moong, masoor and urad will be sold at a discounted price of Rs 15 per kg over current wholesale prices.

Aug 10, 2018

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CAG report identifies reasons why trains get constantly delayed in India

During the month between April 2017 and March 2018, the punctuality of mail and express trains stood at 71.39 percent as against 76.69 percent in 2016-17.

Aug 9, 2018

New US sanctions hit Russian market; rouble hits two-year low

The Russian currency is on track for its deepest weekly fall since early April when it lost 6.7 percent.

Aug 9, 2018

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Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

The aviation ministry has sought for a cap of $500 million (Rs 34.5 billion) for a single company and $1 billion (Rs 69 billion) for the entire aviation sector.

Aug 9, 2018

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Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

With the country heading towards next general election, the governments are likely to spend only with immediate benefits in mind.

Aug 9, 2018

Tesla privatisation plans: Board of directors evaluating Elon Musk's plan to take company private

In an email to Tesla employees earlier on Tuesday, CEO Elon Musk had said that he is going to take Tesla private in the future at a price of $420 per share.

Aug 9, 2018

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Dollar's march higher to run out of road within next six months: poll

Economists who had accurately forecast the US economy to expand 4.1 percent in the quarter just ended said that may be the peak for the world's largest economy.

Aug 9, 2018

RBI tightens grip on non-compliant NBFCs; cancels 368 licences

The financial stability report made by the Reserve Bank of India stated that the aggregate balance sheet size of the NBFC sector stood at Rs 22.1 trillion as of March 31.

Aug 8, 2018

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IMF calls for privatisation of Indian banks; warns against government ownership

The International Monetary Fund affirmed the significance of a comprehensive plan to improve the governance, internal controls, and operations of public sector banks, which also included privatisation of the public sector banks.

Aug 8, 2018

Who is Swaminathan Gurumurthy? Centre appoints RSS confidant to the RBI board

Gurumuthy is an economist by profession, a chartered accountant, and a commentator on political and economic affairs who is associated with the right-wing Rashtriya Swayamsevak Sangh.

Aug 8, 2018

Amid trade war with US, China reports its first current account deficit in 20 years

China has witnessed a steady fall in its current account surplus since the global economic crisis of 2008.

Aug 8, 2018

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Economy News

Rupee predicted to trade at 68.22 per dollar in a year; will hit a major low

Walmart-Flipkart deal to fetch Narendra Modi-led govt Rs 13,000 crore in tax?

Panel on fair market conduct recommends phone call intercepting powers to SEBI

Japan's trade balance likely to show deficit for July amid global trade tensions

State govts get nutritional cushion; Centre to sell pulses at discounted rates through PDS

CAG report identifies reasons why trains get constantly delayed in India

New US sanctions hit Russian market; rouble hits two-year low

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

Tesla privatisation plans: Board of directors evaluating Elon Musk's plan to take company private

Dollar's march higher to run out of road within next six months: poll

RBI tightens grip on non-compliant NBFCs; cancels 368 licences

IMF calls for privatisation of Indian banks; warns against government ownership

Who is Swaminathan Gurumurthy? Centre appoints RSS confidant to the RBI board

Amid trade war with US, China reports its first current account deficit in 20 years

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