Economy News

India's plan to develop key Iranian port faces U.S. headwinds

India committed $500 million to speed development of the port after sanctions on Iran were lifted following a deal struck between major powers and Tehran to curb its nuclear program in 2015. But not a single tender has been awarded for supplying equipment like cranes and forklifts.

Jun 10, 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

India takes US to World Trade Organization for failing to drop steel duties

The non-compliance complaint, effectively a new trade dispute, could lead to India asking to impose trade sanctions if the United States is found not to have complied.

Jun 9, 2017

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

India's foreign exchange reserves hit fresh high; list of top countries with high forex holdings

For the week ended June 2, India's foreign exchange reserves rose $2.4 billion, according to RBI data.

Jun 9, 2017

may 2017 inflation, may 2017 retail inflation, april 2017 iip, theresa may, nirmal bang inflation forecast, india forex reserves, india news, indian stock markets

Retail inflation likely to drop further for May, factory output for April likely to fall sharply: Nirmal Bang

Factory output (IIP) is expected to fall to 1.2 percent for April while retail inflation would come at 2.3 percent for May, says Nirmal Bang economist.

Jun 9, 2017

supreme court diesel cars ban lifted siam damage loss toyota maruti tata mahindra mercedez audi honda hyundai essar ruia vijay mallya

Five takeaways from Supreme Court order on linking Aadhaar with PAN

In a partial relief, the Supreme Court held that not linking PAN with Aadhaar will not lead to criminal consequences.

Jun 9, 2017

Wages of indecision: Govt yet to fix MGNREGA pay

In spite of a committee's recommendation to bring in change when it comes to calculating wages under MGNREGA, the central government has failed to hike the salaries in real terms.

Jun 9, 2017

arun jaitley, india oecd deal tax evasion, tax evasion by google, tax evasion by facebook

India signs OECD convention to prevent tax evasion

The agreement was signed by Union Finance Minister Arun Jaitley, who is on a four-day visit to France to participate in the OECD meetings.

Jun 8, 2017

Sun Pharma founder Dilip Shanghvi's net worth takes a $14 billion nose dive in 2 years

Sun Pharma founder Dilip Shanghvi was once India's richest person and now his net worth stands at $11.1 billion on the Bloomberg Billionaire Index.

Jun 8, 2017

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports

Petrol, diesel prices to change daily from June 16

Daily price scheme for petrol and diesel has been in force in select cities since May 1, this will now be extended across India from next Friday.

Jun 8, 2017

radhika rao, dbs bank economist radhika rao, usd vs ind, rupee vs dollar, bjp wins uttar pradesh elections, sensex gainers, rbi currency management

Rates on hold, RBI sharply cuts inflation forecasts

Marking a first, the decision was not unanimous, with a 5-1 vote.

Jun 8, 2017

RBI's monetary policy reflects new realities

Policy rate kept unchanged, inflation projection lowered at the second monetary policy meeting of the MPC that ended on Wednesday.

Jun 8, 2017

india korea bilateral trade, india $9 billion credit to korea, india korea exports, india korea trade talks

India to extend $9-bn export credit to Korea; Iranian and Indian capital market regulators ink deal

The agreement will be signed when finance minister Arun Jaitley visits Korea for the Annual Financial Bilateral Dialogue on June 14-15, 2017.

Jun 7, 2017

rbi mpc meeting, rbi repo rate, rbi governor urjit patel, rbi deputy governor, rbi slr, rbi growth rate projection

RBI voices concern over farm loan waiver again; BofA Merrill Lynch says write-offs could reach $40 billion by 2019

Uttar Pradesh waived farm loans worth Rs 36,000 crore while Maharashtra also intends to write off agri loans of about Rs 30,000 crore, raising alarm in RBI.

Jun 7, 2017

cash, money, atm, layoffs, salary, hike, money, mutual funds, employees, hiring, it jobs, it hiring, tcs, wipro, infosys, tech mahindra

7th Pay Commission: Ashok Lavasa report on allowances was not part of Wednesday's agenda, says report

The Union Cabinet did not take up the issue of raising HRA and other allowances of Central government employees as proposed by the pay commission.

Jun 7, 2017

rbi, rbi mpc meeting, rbi bi monthly meeting on april 6, sensex reacts to monetary review meeting, rbi growth projections, rbi governor urjit patel

RBI leaves repo rate unchanged at 6.25%, revises FY2018 growth rate downwards to 7.3% [Watch Urjit Patel's media interaction]

The Monetary Policy Committee meeting of the RBI retains repo rate at 6.25 percent and estimates GVA for 2017-18 at 7.3 percent.

Jun 7, 2017

Prev 163 164 165 166 167 168 169 170 171 172 Next

Economy News

India's plan to develop key Iranian port faces U.S. headwinds

India takes US to World Trade Organization for failing to drop steel duties

India's foreign exchange reserves hit fresh high; list of top countries with high forex holdings

Retail inflation likely to drop further for May, factory output for April likely to fall sharply: Nirmal Bang

Five takeaways from Supreme Court order on linking Aadhaar with PAN

Wages of indecision: Govt yet to fix MGNREGA pay

India signs OECD convention to prevent tax evasion

Sun Pharma founder Dilip Shanghvi's net worth takes a $14 billion nose dive in 2 years

Petrol, diesel prices to change daily from June 16

Rates on hold, RBI sharply cuts inflation forecasts

RBI's monetary policy reflects new realities

India to extend $9-bn export credit to Korea; Iranian and Indian capital market regulators ink deal

RBI voices concern over farm loan waiver again; BofA Merrill Lynch says write-offs could reach $40 billion by 2019

7th Pay Commission: Ashok Lavasa report on allowances was not part of Wednesday's agenda, says report

RBI leaves repo rate unchanged at 6.25%, revises FY2018 growth rate downwards to 7.3% [Watch Urjit Patel's media interaction]

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