Economy News

Sharp dip in two-wheeler sales forces West Bengal govt to review license rules

Notably, the West Bengal government had issued a "stringent" notification in June this year which resulted in the sales of scooter and motor-cycle falling sharply

Dec 31, 2018

Director General Chandrajit Banerjee at a business meeting with CEOs of the Confederation of Indian Industry (CII)

India will see strong economic growth in 2019: CII

"The positive outlook is buttressed by strong drivers emanating from the services sector, infrastructure structure including construction equipment and better demand conditions arising out of election spending," CII said.

Dec 31, 2018

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Dollar steady; Aussie gains on US-China trade developments

The dollar traded narrowly against its peers on Monday, as risk sentiment remained fragile over heightened concerns of slowing global growth and a partial U.S. government shutdown.

Dec 31, 2018

Petrol and diesel prices at its lowest in 2018

Petrol prices, which have been on a decline since October 18 except for one day, are at their lowest level of 2018. Diesel rates are at their lowest since March-end.

Dec 30, 2018

India overtakes China in FDI inflows first time in 20 years

While India received more than $38 billion in FDI so far this year China lagged behind with $32 billion, data from global M&A and capital markets data provider showed.

Dec 28, 2018

An Indian farmer packs onions for sale in market in a field

Centre mulls Rs 60,000 crore agricultural package to meet Congress loan waiver challenge

Hectic parleys target announcement of a programme with free crop insurance, credit schemes and relief measures before the 2019-2020 Union Budget.

Dec 28, 2018

Retailers retaliate: Offline vendors stop stocking Bosch, Siemens products

Brick-and-mortar chains will not stock German manufacturer's products after it failed to stop online deep discounts

Dec 28, 2018

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Rupee surges 19 paise against dollar in early trade

At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.79 a dollar against the previous close of 70.14.

Dec 26, 2018

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Global stocks under a cloud as US political tumult adds to growth anxiety

US Treasury Secretary Steven Mnuchin had also raised market concerns by convening a crisis group amid the pullback in stocks.

Dec 26, 2018

Big relief for states as Modi govt may compensate on GST till 2025

The 15th Finance Commission has been tasked to make a blueprint on the modalities of the compensation proceeds to the state governments.

Dec 25, 2018

Indo-French talks on largest atomic power plant to begin soon

Nuclear Power Corporation is studying the techno-commercial proposal of prospective French partner EDF

Dec 24, 2018

Global cues, derivatives expiry to chart stock market's course

Globally, concerns over a slowdown in international growth and the ongoing partial US government shutdown are expected to be major themes during the truncated weekly trade.

Dec 23, 2018

Reversing trend in currency market; Indian rupee becomes best preforming currency in Asia since November

Interestingly, since October end, the rupee has gained 5.39% against the US dollar, making it the best performing currency in the Asian region.

Dec 23, 2018

GST council slashes taxes on 22 items; govt. to take Rs 5,500 crore hit

In another major decision, the council exempted the frozen and provisionally preserved vegetables from GST.

Dec 23, 2018

Rupee slips 37 paise to 70.07 against US dollar in early trade

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee.

Dec 21, 2018

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Economy News

Sharp dip in two-wheeler sales forces West Bengal govt to review license rules

India will see strong economic growth in 2019: CII

Dollar steady; Aussie gains on US-China trade developments

Petrol and diesel prices at its lowest in 2018

India overtakes China in FDI inflows first time in 20 years

Centre mulls Rs 60,000 crore agricultural package to meet Congress loan waiver challenge

Retailers retaliate: Offline vendors stop stocking Bosch, Siemens products

Rupee surges 19 paise against dollar in early trade

Global stocks under a cloud as US political tumult adds to growth anxiety

Big relief for states as Modi govt may compensate on GST till 2025

Indo-French talks on largest atomic power plant to begin soon

Global cues, derivatives expiry to chart stock market's course

Reversing trend in currency market; Indian rupee becomes best preforming currency in Asia since November

GST council slashes taxes on 22 items; govt. to take Rs 5,500 crore hit

Rupee slips 37 paise to 70.07 against US dollar in early trade

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