Economy News

india manufacturing sector, global times

China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

While pointing out the flaws in the Indian manufacturing sector, the editorial in Global Times also commended India for growing.

Mar 3, 2017

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

The recovered amount is much lesser than what would ensure putting Rs 15 lakh in the account of each Indian — something that Narendra Modi had promised in the run-up to the 2014 LS polls.

Mar 3, 2017

cash transactions, limits on cash transactions at ATMs, hdfc bank cash transactions, sit reco on black money, cash holding limit, modi govt, arun jaitley

Modi govt could place limit on cash holdings by Indians

The SIT had made two recommendations on the subject, a cap on cash transactions and on cash holdings, of which one has already been accepted.

Mar 2, 2017

television viewership in india, tv viewership in india, barc india suvey, bi survey, tv serials in india, tv ads in india

Television viewership rises 18% in India: Survey

A survey by the television audience measurement agency between November 2015 and February 2016 shows interesting results.

Mar 2, 2017

india, gdp, growth rate, q3 gdp data, india vs china, world's fastest growing economy

India's Q3 GDP data raises doubts among economists

"The message from the GDP numbers doesn't tally with what we see on the ground," Nomura economist Sonal Varma said.

Mar 2, 2017

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ICICI, HDFC, Axis banks to charge Rs 150 after four free cash transactions per month

The transaction charge of Rs 150 introduced by ICICI, HDFC and Axis Bank came into effect on March 1.

Mar 2, 2017

Theresa May tells MPs not to obstruct the will of the people in Article 50 Brexit vote

Vijay Mallya extradition imminent? UK PM Theresa May meets Arun Jaitley

As Arun Jaitley was having a meeting with his British counterpart, PM May dropped in and the issue of "certain individuals who have overstayed" in UK was discussed.

Mar 1, 2017

airbus a320neo, probe into a320 neo engines, Pratt and Whitney engines, indian civil aviation, india aviation regulator dgca, airasia, indigo, air india

India's aviation regulator initiates probe into P&W engines on Airbus A320 NEOs

At least two incidents involving A320 NEO planes fitted with the engines flown by IndiGo and GoAir are under investigation.

Mar 1, 2017

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

India signs 7 unilateral advance pricing agreements covering various sectors

The sectors include telecom, pharmaceutical, banking and finance, steel, retail and information technology.

Feb 28, 2017

india news, india fiscal deficit, modi govt, pm modi, modinomics

India's April-January fiscal deficit at 105.7% of FY2017 target

The government had set a target of restricting the current fiscal's deficit to 3.5 percent of the GDP.

Feb 28, 2017

india gdp growth, india second cso estimate for fy2017, india q3 gdp growth, indian economy, demonetisation, modi govt, pm modi

PM Modi's note ban pulls down India's GDP growth rate to 7% in December quarter

The Government of India released second advance estimates for GDP growth for December quarter (Q3) and FY2017 on February 28.

Feb 28, 2017

gst council, dual control, indian economy, april 1, gst rollout, arun jaitley

Goods and Services Tax (GST): 5 things you need to know about the new tax system

Goods and Services Tax (GST) will be implemented from July 1, the Economic Affairs Secretary has confirmed. The final consumer will now bear only the GST charged by the last dealer in the supply chain.

Feb 28, 2017

shaktikanta das demonetisation arun jaitley raids income tax gold real estate arun jaitley modi criticism cash seized wealth undisclosed income bank officials suspended

GST to be rolled out on July 1: Economic Affairs Secretary Shaktikanta Das

"GST should be implemented by July 1. All states have agreed on the date," Economic Affairs Secretary Shaktikanta Das told reporters in Delhi.

Feb 28, 2017

bank strike, bank unions, bank strike on feb 28, increasing digitisation of bank operations, impact of bank strike, bank atms, network of bank atms

Here's why a public bank strike in the era of digital banking and ATMs won't be effective

Apart from new-age banking limiting the impact of bank strike by 10 lakh employees, the top three private sector bank employees are not participating.

Feb 28, 2017

Public sector banks, including SBI and PNB, to go on strike today: All you need to know about the bank unions' strike

Most banks, including the State Bank of India, Punjab National Bank and Bank of Baroda, have informed customers that operations at their bank branches and offices would be hit due to the strike.

Feb 28, 2017

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Economy News

China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

Modi govt could place limit on cash holdings by Indians

Television viewership rises 18% in India: Survey

India's Q3 GDP data raises doubts among economists

ICICI, HDFC, Axis banks to charge Rs 150 after four free cash transactions per month

Vijay Mallya extradition imminent? UK PM Theresa May meets Arun Jaitley

India's aviation regulator initiates probe into P&W engines on Airbus A320 NEOs

India signs 7 unilateral advance pricing agreements covering various sectors

India's April-January fiscal deficit at 105.7% of FY2017 target

PM Modi's note ban pulls down India's GDP growth rate to 7% in December quarter

Goods and Services Tax (GST): 5 things you need to know about the new tax system

GST to be rolled out on July 1: Economic Affairs Secretary Shaktikanta Das

Here's why a public bank strike in the era of digital banking and ATMs won't be effective

Public sector banks, including SBI and PNB, to go on strike today: All you need to know about the bank unions' strike

Security forces review Srinagar's security after Barmulla encounter [details]

KGF 2 continues to make money; Yash to sign his next big film [details inside]

TV artist killed in terrorist attack in Budgam; nephew injured [details]

Gupkar Alliance echoes in Pakistan's voice after Court's verdict on Yasin Malik [details]

Deepika Padukone's trouble to manage orange gown at Cannes grabs eyes; gets trolled [details]