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Economy News

pay commission 7th cpc allowances hike committee arun jaitley india defence forces diwali gift gdp salary hike allowances pay commission

7th Pay Commission: Ashok Lavasa panel on raising allowances for Central govt employees likely to submit report soon

The Ashok Lavasa committee was formed last June to examine 7th pay commission's proposals on raising allowances of Central govt staff and pensioners. Apr 27, 2017
TCS employees

TCS, Infosys, Wipro go slow on hiring lane

Hiring by the top IT software services companies — TCS, Infosys and Wipro — continues to remain weak amid multiple headwinds. Apr 26, 2017
donald trump tax plan, donald trump likely to cut corporate tax, trump administration tax rules, wall street, america inc us inc, american companies, taxation in america

Trump tax plan will sharply slash corporate tax rates

Donald Trump will propose cutting the income tax rate paid by public corporations to 15 percent from 35 percent, officials said. Apr 26, 2017
us mexico trade relationship, trump loses to mexico, us mexico tuna battle, tuna exports to us, mexican tuna

US loses 1st trade battle with Mexico in Trump era

Mexico and the US have fought for years over tuna. The US has started imposing tariffs on Canada too. Apr 26, 2017
rbi, rbi repo rate, rbi governor urjit patel, urjit patel on farm loan waiver, up govt waives farm loans, agrarian crisis in india, modi govt

RBI chief Urjit Patel favours merger of public sector banks

It would help deal with the problem of non-performing assets (NPA) of state-owned banks, Patel said. Apr 25, 2017
india, gdp, growth rate, q3 gdp data, india vs china, world's fastest growing economy

India's oil and gas sector at a glance

The government's official body, the Petroleum and Planning Analysis Cell (PPAC), has come out with its report for FY2017. Apr 24, 2017
niti aayog, pm modi, india to become $7.25 trillion economy, india news, fastest growing economy of the world, niti aayog arvind panagariya

India's economy poised to hit $7.25 trillion by 2030: NITI Aayog

On Sunday, PM Narendra Modi met state chief ministers and senior members of government's think-tank NITI Aayog to discuss many issues. Apr 24, 2017
australia, amazon in australia, australian retailers to wage war on amazon, australian retail market

Australian retailers to 'wage war' against Amazon

Some analysts have said Amazon could take in as much as three billion dollars in sales in its first five years in Australia. Apr 24, 2017
lpg imports by india, lpg imports by india, give it up campaign, pm modi pushes lpg campaign, modi govt, ppac data for march, india cruce oil imports

PM Modi's cooking gas drive makes India world's second-largest LPG importer in FY2017

In FY2017, India imported 11 million tonnes of LPG, racing ahead of Japan's 10.6 million tonnes, while China remains world's top importer; PM Narendra Modi has been aggressively pushing gas-for-all-households. Apr 24, 2017
Agriculture impacts Environment

Nano-technology will soon make GM obsolete: MS Swaminathan

Speaking on the efforts for commercial cultivation of GM crops in India as well as the opposition to this by environment activists, Swaminathan said there was no clear public policy on GM crops. Apr 23, 2017
h-1 b visa, green card, indian visa holders, donald trump immigration policies, donald trump h-1 b visa policies, indian students in us, indian it companies

Waiting for green cards, Indian visa-holders see hope in Trump review

Estimates show there are some 1.5 million H-1B visa holders in the country waiting for green cards, many of whom are from India. Apr 22, 2017
global steel demand, global steel outlook for 2017, steel demand for 2018, sro for steel 2017, world steel association, steel companies in india, tata steel, jsw steel

Global steel demand likely to slow down next year: World Steel Association

From 1.3 percent growth rate forecast for this year, global steel demand is expected to rise 0.9 percent next year, mainly due to modest uptick in China, says WSA. Apr 22, 2017
us president donald trump, executive order for taxes, trump tax plan, us treasury secretary Steven Mnuchin

Trump to announce important tax reforms next week

US Treasury Secretary Steven Mnuchin said on Friday that the government is "pretty close" to having it ready to announce. Apr 22, 2017
indian it companies, it hiring, it jobs, recruitment in it companies, infosys hiring, infosys vishal sikka, tcs hiring, h1b visa, h1 b visa, donald trump, hcl tech

Indian software professionals, IT firms fret as US president Donald Trump orders US visa review

Trump's decision was not a huge surprise, given his election campaign pledge to put American jobs first. Apr 22, 2017
wandertrails, travel portals, earlsfield capital, experiential travel, adventure tourism, incredible india, tourism, agra, taj mahal, tourists tourism

Foreign tourist arrivals into India on the decline since December

Foreign tourist arrivals (FTAs) have been falling over the past four months, indicating tough times for the $20 billion business annually. Apr 21, 2017
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