Economy News

India clocks GDP growth at 7.3% in September quarter

While the services sector and agriculture led the growth, manufacturing remained a drag as investment activity during the quarter declined.

Nov 30, 2016

Time Person of the Year 2016: PM Modi front-runner, but can he hold on to the lead?

On Tuesday, a Time report said the Indian prime minister had 18 percent of the votes, down from his earlier lead of 21 percent.

Nov 30, 2016

Evening wrap: 3 Army officials killed in chopper crash, cyclone Nada in TN, 'sextortion' is a thing, and more

Read about the government's plans on putting up with payday rush, and Bigg Boss 10 wild card entrant's sexist comment.

Nov 30, 2016

Aditya Puri slams analysts, economists for predicting GDP will fall after note ban

Admitting that there is bound to be a "temporary aberration", Puri said the move was necessary to root out counterfeit notes from the country.

Nov 30, 2016

Demonetisation: Sensex likely to settle down at 21,000, says Gurumurthy [VIDEO]

Gurumurthy said the note ban was due as the UPA's neglect led to a spurt in the circulation of high-denomination currencies from 34% in 2004 to about 87% in 2016.

Nov 30, 2016

This is what happens to your old Rs 500, Rs 1,000 demonetised notes

Read on to know where does the demonetised currency go and what happens to it.

Nov 30, 2016

RBS fails Bank of England stress test, must bolster capital

The banks' performance in the stress test was worse than what many market participants had expected.

Nov 30, 2016

Inside the worlds first emotionally powered store

Research shows that Christmas shopping can be as stressful as running a marathon. Online retailer eBay is helping relieve this anxiety at a new store in London, U.K., where biometric facial recognition technology is being used to gauge shoppers response to products.

Nov 30, 2016

RBI puts cap on withdrawals from Jan Dhan accounts

In a bid to protect rural people from being used for any money laundering activity, the central bank has put a withdrawal limit of Rs 10,000 per month.

Nov 30, 2016

Demonetisation: Advance salary, prepaid cards by employers to beat cash crunch blues

Digital and advance payments of salary are the major ways in which employers are making payouts to employees.

Nov 30, 2016

Demonetisation: Credit profiles of real estate companies to weaken, says Fitch

Property and gold are popular instruments for investing undeclared income in India's large cash-based economy.

Nov 30, 2016

Domestic car sales in November: Nirmal Bang's preview gives insights on impact of demonetisation

November car and two-wheeler sales are in focus over the impact of demonetisation.

Nov 30, 2016

GST rollout to be another disruptor after demonetisation: Marico

The chairman of the domestic FMCG firm said the government is trying to do many things within a short period of time.

Nov 30, 2016

Demonetisation: RBI removes restrictions on withdrawals

The latest notification by the RBI on November 28 does not specify any limit for the first time since demonetisation.

Nov 29, 2016

Indian IT sector needs innovations to stay relevant: Highlights from BengaluruITE.Biz 2016

Hundreds of startups and other technology companies displayed innovative products at BengaluruITE.Biz 2016.

Nov 29, 2016