Economy News

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PM Modi steps in to quell RBI-North Block spat

The Prime Minister may have met RBI chief Urjit Patel to defuse RBI-Finance Ministry dispute ahead of the announcement of the action plan to boost MSME sector.

Nov 13, 2018

Retail inflation falls to one-year low of 3.31 percent in October

The rate of price rise in the food basket contracted by 0.86 percent in October compared to 0.51 percent rise in September, according to the Central Statistics Office data.

Nov 13, 2018

Asean signs bloc's first agreement to facilitate e-commerce transactions

The newly signed agreement will foster speed and cooperation between businesses and governments, generating more efficient transactions, said Singaporean Trade and Industry Minister Chan Chun Sing.

Nov 12, 2018

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Gold rises by Rs 80 on jewellers' buying

Globally, gold fell 0.41 per cent to $1,205.50 an ounce in Singapore on Monday. Silver too shed 0.11 per cent to $14.23 an ounce.

Nov 12, 2018

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Job market to see 4% spurt in FY2019; IT, retail and health to witness robust hiring

The FY18 has been the slowest year with regard to hiring in the last four financial years.

Nov 12, 2018

Narendra Modi Launches Skill India Mission

Skill India reality check: 70% of Indian youth don't have idea about govt's skill development programmes

According to a recent survey by Young India and Work by the Observer Research Foundation and World Economic Forum (WEF), a whopping 70 per cent of Indian youth is not even aware of these schemes.

Nov 12, 2018

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Sensex tumbles 346 points as crude prices, rupee concerns weigh

Further impacting domestic market sentiments, the Indian rupee again breached the 73-mark, dropping 57 paise (intra-day) to 73.07 against the dollar.

Nov 12, 2018

Fuel prices keep falling but looming output cut by S. Arabia, Russia could reverse trend

The oil producers have decided to act after oil dropped as much as 20 percent in one month, after hitting a four-year high in early October.

Nov 12, 2018

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

Exports shrank in September, 16 out of 30 key sectors were in negative zone

Outbound shipments of as many as 16 key sectors — including rice, tea, coffee, tobacco, engineering, leather, spices, cashew, fruits and vegetables, marine products and gems and jewellery — dipped during the month under review.

Nov 12, 2018

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What was Modi Govt's 'tearing hurry to fix' RBI capital framework?, asks Chidambaram

In a series of tweets, the senior Congress leader slammed the government for allegedly seeking funds from the RBI despite claiming that its (Centre) fiscal math was correct.

Nov 11, 2018

India's strategic petroleum reserves programme attracts overseas players

Major overseas players are interested in India's strategic petroleum reserves programme which the nation plans to expand by adding another 6.5 million tonnes capacity over and above the current 5.33 MT.

Nov 11, 2018

BJP govt greedy, plans to take away RBI reserves, says P Chidambaram

The former Union Finance Minister says that the Modi government needs to understand the roles and functions of the central bank.

Nov 10, 2018

Festive season fails to light up passenger vehicle sales; registers marginal 1.55% growth in October

The month-long period from Navratri to Diwali usually sees increased vehicle sales in India. However, multiple factors, including rising fuel prices seem to have played spoilsport this time.

Nov 10, 2018

Modi govt to sell enemy property shares worth Rs 3,000 cr to boost disinvestment receipts

The move highlights the government's decision to dispose of enemy property which are now estimated at Rs 3,000 crore at current market prices.

Nov 9, 2018

NBFC cash shortage hits real estate sector amid IL&FS episode

The scale of the problem is so humungous that even the sanctioned home loans are not being disbursed.

Nov 9, 2018

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Economy News

PM Modi steps in to quell RBI-North Block spat

Retail inflation falls to one-year low of 3.31 percent in October

Asean signs bloc's first agreement to facilitate e-commerce transactions

Gold rises by Rs 80 on jewellers' buying

Job market to see 4% spurt in FY2019; IT, retail and health to witness robust hiring

Skill India reality check: 70% of Indian youth don't have idea about govt's skill development programmes

Sensex tumbles 346 points as crude prices, rupee concerns weigh

Fuel prices keep falling but looming output cut by S. Arabia, Russia could reverse trend

Exports shrank in September, 16 out of 30 key sectors were in negative zone

What was Modi Govt's 'tearing hurry to fix' RBI capital framework?, asks Chidambaram

India's strategic petroleum reserves programme attracts overseas players

BJP govt greedy, plans to take away RBI reserves, says P Chidambaram

Festive season fails to light up passenger vehicle sales; registers marginal 1.55% growth in October

Modi govt to sell enemy property shares worth Rs 3,000 cr to boost disinvestment receipts

NBFC cash shortage hits real estate sector amid IL&FS episode

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