Economy News

India needs to tighten monetary policy to curb inflation, says IMF

The inflationary pressures were mainly driven by higher oil prices and a falling rupee.

Aug 8, 2018

Trade war: India becomes dumping ground for Chinese and Japanese steelmakers

The steel imports from the world's largest steel producer soared 67 percent to 3,62,000 tonnes in the April-June period as against 2,17,000 tonnes in the previous quarter.

Aug 6, 2018

Saudi Arabia halts new trade deals with Canada, expels Canadian ambassador

Saudi Arabia is one of Canada's biggest export markets in the Gulf region and more than 15,000 Saudi students attend Canadian schools and universities.

Aug 6, 2018

Q1 results season, global trade tensions to affect markets' moves

Market analysts opined that crude oil prices and developments in the Monsoon Session of Parliament will also affect the markets' movement.

Aug 5, 2018

Trade war impact? China loses out to Japan as world's second-biggest stock market

Chinese currency and equities have been hit hard this year following the trade spat with the US and efforts by the government to check a slowing economy and cut debt.

Aug 3, 2018

Switzerland can give bank client data to India in tax dodge case: Court

Last year, the Swiss Supreme Court had rejected a French request for help in investigating a married couple for tax offences, ruling that data stolen from HSBC's Geneva private bank was inadmissible.

Aug 2, 2018

Public sector banks reluctant to disburse crop loans; Maharashtra govt threatens to take action

The Maharashtra government had earlier announced a loan waiver of R. 34,000 crore in June which was expected to help 89 lakh farmers in debt across the state.

Aug 2, 2018

Bandhan Bank becomes 7th largest Indian bank based on market capitalisation; here are the top 10

Bandhan Bank stands at Rs 84,325.35 crore after its shares rose by one percent on BSE at Rs 706.95. Comparatively, Yes Bank's market cap was Rs 84,262.14 crore. Its shares were trading 0.6 percent lower at Rs 365.70 from its previous close on BSE.

Aug 1, 2018

Godrej's alternate land 'suitable' for Mumbai-Ahmedabad bullet train, agency tells Bombay HC

Godrej and Boyce Manufacturing Company Limited had earlier objected to the acquisition of its prime 39,547 sqm property in Vikhroli for the mega project.

Aug 1, 2018

India's June infrastructure output growth hits 7-month high of 6.7 percent

The growth in output compares with an upwardly revised 4.3 percent year-on-year growth in May. During April-June, the annual output growth was 5.2 percent, data showed.

Jul 31, 2018

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Oil prices drop as OPEC production increases in July

Oil prices slipped on Tuesday after a report showed that OPEC production reached a 2018 high in the month of July, although the losses were limited as concerns about supply lingered.

Jul 31, 2018

PNB scam: MEA requests Antigua to detain fugitive diamantaire Mehul Choksi

Mehul Choksi and his nephew Nirav Modi are under the scanner of the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) for their alleged involvement in the Punjab National Bank (PNB) scam.

Jul 30, 2018

Banks, lessors serve default notices to debt-ridden Air India

The country's national carrier has failed to generate enough profits to cover the interest it has to pay on its whopping Rs. 466.69 billion debt.

Jul 30, 2018

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Equity indices continue to set fresh benchmarks; Sensex breaches 37,500 mark

The barometer S&P BSE Sensex breached the 37,500-mark for the first time, touching an all-time high of 37,511.39 points and the NSE Nifty50 touched a record level of 11,318.50 points.

Jul 30, 2018

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Spurred by trade war fears, US economy sees fastest growth rate in four years

The US economy saw its biggest rise in four years, with the GDP 4.1 percent as fears of the trade war hit domestic production. A sharp increase in consumer spending and the boost in exports of soybeans to China have been the biggest factors in the growth.

Jul 28, 2018

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Economy News

India needs to tighten monetary policy to curb inflation, says IMF

Trade war: India becomes dumping ground for Chinese and Japanese steelmakers

Saudi Arabia halts new trade deals with Canada, expels Canadian ambassador

Q1 results season, global trade tensions to affect markets' moves

Trade war impact? China loses out to Japan as world's second-biggest stock market

Switzerland can give bank client data to India in tax dodge case: Court

Public sector banks reluctant to disburse crop loans; Maharashtra govt threatens to take action

Bandhan Bank becomes 7th largest Indian bank based on market capitalisation; here are the top 10

Godrej's alternate land 'suitable' for Mumbai-Ahmedabad bullet train, agency tells Bombay HC

India's June infrastructure output growth hits 7-month high of 6.7 percent

Oil prices drop as OPEC production increases in July

PNB scam: MEA requests Antigua to detain fugitive diamantaire Mehul Choksi

Banks, lessors serve default notices to debt-ridden Air India

Equity indices continue to set fresh benchmarks; Sensex breaches 37,500 mark

Spurred by trade war fears, US economy sees fastest growth rate in four 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