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Economy News

rail psu, listing of psus, modi govt, economic reforms in india, irctc listing, rites listing, ircon listing, suresh prabhu

Northeast Frontier Railway tops in passenger traffic growth

NFR recorded a 6.22 percent growth in passenger traffic, highest growth rate among all zones. Apr 20, 2017
pnb punjab national bank pnb housing finance ipo share price public offer issue price issue opens brokerages angel broking ten things

Yamuna Expressway Authority cancels 17 housing projects shattering dreams of many buyers

The Yamuna Expressway Industrial Development Authority handles the road and real estate projects spanning 334 villages in Uttar Pradesh. Apr 20, 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

Layoffs in IT sector not ruled out: Assocham

India's multi-billion information technology (IT) is feeling the heat of a rising rupee, new curbs on H-1B visa. Apr 19, 2017
indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign direct investment by Indian companies rises sharply in March

Investments by Indian companies abroad spike more than two-fold in comparison to February 2017 figures, according to RBI data. Apr 18, 2017
cars, car sales, domestic car sales, gst on cars, auto industry, traffic

India's regulator reduces third party insurance premium in its latest order

The third party insurance premium for cars, scooters and trucks notified by insurance regulator IRDAI comes after protests by truckers a few days ago. Apr 18, 2017
operation clean money, income tax department, suspicious deposits, tax harassment, tax terrorism, arun jaitley, indian tax payers, tax to gdp ratio in india, pm modi

Second phase of 'operation clean money' launched; 60,000 people under I-T dept's scanner

The Central Board of Direct Taxes, the I-T department's policy-making body, said it has detected over Rs. 9,334 crore of undisclosed income between November 9, 2016 and February 28, 2017. Apr 14, 2017
china, chinese economy, china gdp growth for 2017, world bank report on china, chinese president xi jinping

World Bank forecasts China growth rate of 6.5% for this year

The World Bank also warns of issues arising from corporate debt in China, Apr 13, 2017
Solar panels

Get your solar power at a nickel for every unit in India!

EnergyTrend has said that India may overtake Japan by the end of this year and become the third largest market of solar power in the world. Apr 13, 2017
inflation, retail inflation, inflation for march 2017, india news, indian economy

India's retail inflation rises to 3.8% for March; February factory output plunges

The retail (CPI) inflation for March 2017 was on expected lines, but the sharp fall in factory output (IIP) was unexpected. Apr 12, 2017
elss, mutual fund investments, mf investment, sip investment, deduction u/s 80c, tax planning, stock market returns, income tax returns

Mutual fund managers shunned Axis Bank, Coal India, Tech Mahindra, bought SBI, ICICI Bank, ITC, HDFC Bank, GAIL, Yes Bank in March 2017

A look at shares that mutual funds (MFs) traded heavily in February would give an indication on future trends for retail investors. Apr 12, 2017
sbi revises atm charges, sbi minimum balance penalty, sbi cash transaction charges, icici bank cash transaction fee, icici bank atm free transactions, hdfc bank free cash transactions, axis bank free cash transaction

Bank accounts will be blocked if not self-certified by April 30

In a series of tweets, the income tax department on Wednesday came out with a new set of rules for bank account holders. Apr 12, 2017
Why is there still a gender pay gap?

Why is there still a gender pay gap?

On average, women in full time work can expect to earn 18.1% less money throughout their careers than men in the UK. Apr 11, 2017
iron, steel, iron ore, metal stocks, commodities, mining, metal prices, tata steel, jsw, hindalco, arabian sea, india exports, trade data, india trade, indian economy, india imports

Q4FY2017 preview: Metal companies likely to post highest quarterly profit growth in 5 years, says Motilal Oswal

Net profit of metal companies for Q4 is expected to rise 2.8 times to Rs 9,100 crore, says brokerage Motilal Oswal Securities. Apr 11, 2017
cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Domestic passenger vehicle sales cross 3 million units in FY2017

Passenger vehicle sales in FY2017 rose 9.2 percent to 30,46,727 units from 27,89,208 units sold in FY2016. Apr 11, 2017
7th pay commission, pay commission, indian railway employees, suresh prabhu, central govt employees, allowances hike, lavasa committee

7th Pay Commission: Some Central employees could get huge hike in allowances

The hike in allowances for Central government employees as recommended by the 7th pay commission is applicable to almost 10 million staff. Apr 10, 2017
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