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Economy News

PNB

PNB scam: 9.1 crore fraud exposed, officials arrested

The new alleged fraud of around 91 million rupees, involves officials of a little-known company called Chandri Paper and Allied Products Pvt Ltd Mar 15, 2018
India economy

India needs 8% growth for 30 years to achieve middle class status: World Bank

World Bank pegs India's growth at 7.3 percent in 2018-19 and gather pace in the following year, likely expanding at 7.5 percent. Mar 15, 2018
Stock market

Bandhan Bank IPO: 10 fast facts before you invest

Bandhan Bank will open its Rs 4,473 crore Initial Public Offering (IPO) on Thursday. The price band is set at Rs 370 to Rs 375. Mar 15, 2018
india, external trade, merchandise trade, india exports, imports, trade deficit, gold imports, engg imports, fiscal deficit, nirmala

Trade war: US targets India over export subsidies

India is due for a revision of its export subsidy programs under WTO rules. Mar 15, 2018
wall street

Economy & markets: Asia lackluster as global trade tensions dampen risk sentiment

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex lost 21 points or 0.06 percent to close at 33,835 on Wednesday. Mar 15, 2018
IPO

IPO alert: Nekkanti Sea Foods files papers for going public

Nekkanti Sea Foods is the third seafood exporter to file IPO papers in less than a month. Sandhya Marines and Devi Seafoods had filed papers with SEBI in the last two-three weeks. Mar 14, 2018
Google

Google to ban cryptocurrency, initial coin offering advertisements

Google has removed 320,000 publishers from its ad network for violating publisher policies and blacklisted nearly 90,000 websites and 700,000 mobile apps. Mar 14, 2018
ongc share price results bonus hpcl bpcl ioc energy oil marketing psus production exploration dividend interim performance financial q2 sensex bse nse nifty

CPSE Survey: Indian Oil, ONGC, Coal India most profitable state-run firms

The Public Enterprises Survey 2016-17, tabled in parliament on Tuesday, showed that the number of loss-making central enterprises have continued to rise for the third straight year. Mar 14, 2018
SBI

SBI closed 41.16 Lakh savings accounts in 2017-18: Is your account safe?

Due to provisions of penalty on non-maintenance of minimum balance, the State Bank of India has closed 41.16 lakh savings bank accounts between April 1, 2017, and January 31, 2018. Mar 14, 2018
Patheon NV

Economy & markets: Tillerson exit sparks U.S. protectionism fears, global stocks fall

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex lost 61 points or 0.18 percent to close at 33,856 on Tuesday. Mar 14, 2018
Indian arms

India is world's biggest weapons importer: Report

In 2013-17 the top five arms importers are India, Saudi Arabia, Egypt, the UAE and China. Of these, India and China were among the top five in 2008-12 as well. Mar 13, 2018
Aadhaar card

Aadhaar linking deadline extended indefinitely

Supreme Court indefinitely extended the March 31 deadline for linking Aadhar number to bank accounts and mobile numbers. Mar 13, 2018
Shinzo Abe

Are Japanese more worried about their jobs, or scandal-scarred PM?

The question that's bothering the public: Did the government sell land to the school management at cheap price because of their connections to Abe's wife? Mar 13, 2018
Ola cabs will dispense cash

Ola cabs, India's homegrown Uber rival, expands into Sydney

Uber, the rival of Ola in India, has a strong presence in Australia and operates in Sydney, Melbourne, Brisbane, Adelaide, Perth, and Canberra. Mar 13, 2018
SBI

SBI cuts charges for non-maintenance of minimum balance: Know new rates

The revised rates for the non-maintenance of Average Monthly Balance (AMB) in SBI savings accounts will be effective from April 01, 2018. Mar 13, 2018
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