Economy News

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Sensex opens at record high, Nifty above 11,000 despite global tensions

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,948.30 points on Wednesday, was quoting at 11,005.15 points, up by 56.85 points or 0.52 percent.

Jul 12, 2018

India will lose a reliable energy partner if it cuts oil import: Tehran

Last month, the Trump administration had scrapped a nuclear deal with Iran and put economic sanctions. It also threatened other countries to scrap oil imports from Iran by November or face sanctions.

Jul 11, 2018

Indian economy on the rise, now the sixth largest in the world

IMF's latest figures indicate that India has displaced France to take the sixth spot with a GDP of $2.6 trillion in 2017. Predictions for 2018 are steady growth at 7.4%.

Jul 11, 2018

Moon Jae-in shakes hands with Narendra Modi

India, South Korea aim to more than double trade to $50 billion

President Moon Jae-in and Prime Minister Narendra Modi sign 11 agreements to double trade by 2030 in the areas of railways, healthcare, telecommunications and cybersecurity. The two nations are also keen to explore a tripartite partnership for development.

Jul 11, 2018

After farmers, Godrej Group raises voice against Modi's flagship bullet train project

Godrej Group has filed a plea in Bombay High Court against the acquisition of its Vikhroli property which is worth more than Rs. 5 billion.

Jul 10, 2018

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Ease of doing Business index: Andhra, Telangana bloom while Delhi disappoints

AP has topped the annual ranking list released by the World Bank for the second consecutive year. Other states that made the top 10 are Gujarat, Karnataka, Chhattisgarh and Madhya Pradesh. The state expected to top the list, Jharkhand, ranked 4th, while Maharashtra and Delhi failed to impress.

Jul 10, 2018

E-commerce players all set to lock horns to dominate entertainment content in India

The industry experts argue that the investment in the content generation segment of the e-commerce is being done to take on Amazon India, which is aggressively strengthening its entertainment content with Prime Video.

Jul 9, 2018

Former officials of Bank of India arrested in Rs 2,654 crore loan case

This case is just another addition to the series of arrests made by the investigative agencies against the retired and serving senior officials of the Public sector Banks (PSBs)

Jul 7, 2018

Mark Zuckerberg leapfrogs Warren Buffett as world's third-richest person; here are the top 3

The 34-year-old business mogul made the cut into the top 3 world's richest billionaires list after Facebook shares climbed up to 2.4 percent. Mark Zuckerberg is now worth $81.6 billion which is $373 million more than the billionaire investor Warren Buffett.

Jul 7, 2018

Finance Secretary hints at including petroleum products under GST

The government has also hinted at lowering the tax slabs under GST once the revenue increases. After early hiccups, the tax collection has picked up pace with the total amount going over Rs 1 lakh crore.

Jul 6, 2018

India might come under scanner at WTO after steep hike in MSP

US has raised serious concerns in its submission at the WTO about India's calculation where India has maintained that its food subsidy for paddy is below 6% as compared to the permissible 10% till 2015-16.

Jul 6, 2018

Life Insurance Corporation to invest Rs 26,000 crore in Indian Railways' finance arm

The state-owned insurance group and investment company headquartered in Mumbai is planning to infuse Rs 26,000 crore through bond subscription.

Jul 5, 2018

Cabinet approves proposal to hike MSP of kharif crops

Economic experts fear that the increase in MSP could be a possible hindrance to the government's target of maintaining 3.5 percent fiscal deficit.

Jul 5, 2018

Bank of China gets green signal from RBI to open branches in India

Bank of China would only be the second Chinese bank after Industrial and Commercial Bank of China Ltd (ICBC) to open a branch in India.

Jul 5, 2018

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Karnataka Budget 2018 highlights: Homeland security university in Shivamogga, Film City in Ramanagara

Farm loan waiver was a marquee offer by Kumaraswamy. But he ran into trouble with the coalition partner over this. The CM has managed to deliver a Rs 34,000 crore loan waiver in the Karnataka budget, but is that enough? Farmers have been demanding waiver of all loans, which runs into a whopping Rs 1.14 lakh crore.

Jul 5, 2018

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Economy News

Sensex opens at record high, Nifty above 11,000 despite global tensions

India will lose a reliable energy partner if it cuts oil import: Tehran

Indian economy on the rise, now the sixth largest in the world

India, South Korea aim to more than double trade to $50 billion

After farmers, Godrej Group raises voice against Modi's flagship bullet train project

Ease of doing Business index: Andhra, Telangana bloom while Delhi disappoints

E-commerce players all set to lock horns to dominate entertainment content in India

Former officials of Bank of India arrested in Rs 2,654 crore loan case

Mark Zuckerberg leapfrogs Warren Buffett as world's third-richest person; here are the top 3

Finance Secretary hints at including petroleum products under GST

India might come under scanner at WTO after steep hike in MSP

Life Insurance Corporation to invest Rs 26,000 crore in Indian Railways' finance arm

Cabinet approves proposal to hike MSP of kharif crops

Bank of China gets green signal from RBI to open branches in India

Karnataka Budget 2018 highlights: Homeland security university in Shivamogga, Film City in Ramanagara

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