Economy News

India's free trade pact with ASEAN questionable: Assocham

The free trade agreement with the 10-nation bloc did not help India as imports rose but exports dropped, creating trade imbalance.

Sep 8, 2016

Car sales up 9.53%, passenger vehicles sales jump 16.68% in August

Vehicle sales across categories registered a growth of 23.72 percent to 20,10,794 units from 16,25,332 units in August 2015.

Sep 8, 2016

'Indo-French project 'Swachh Neer' aims to tackle water scarcity'

The project aims to solve rising water problems in both the countries by developing technologies for recycling and recovery of waste water.

Sep 8, 2016

GST Bill receives President's assent

The Goods and Services Tax (GST) Bill was approved by President Pranab Mukherjee on Thursday.

Sep 8, 2016

Mamata Banerjee urges investors in Germany to forget Singur, invest in Bengal

Leading a business delegation, Banerjee assured investors of every possible support from the state government.

Sep 8, 2016

Domestic air passenger traffic increases 26% in July

The air travel demand in India surged 26.2 percent in July as against the average global demand of 3.8 percent.

Sep 8, 2016

World Tourism Day 2016: Bangkok to host U.N. event

Thailand capital Bangkok will host this year's World Tourism Day on September 27, 2016.

Sep 7, 2016

Singapore Exchange to sell stake in BSE

The announcement comes at a time when the BSE said it will file its draft prospectus for IPO early next month.

Sep 7, 2016

Jaitley reiterates commitment to GST, rules out privatisation of govt banks

Arun Jaitley said the country's economic policy must deliver growth benefits to the citizens.

Sep 7, 2016

RBI deputy governor R Gandhi to head monetary policy department

The portfolios of the deputy governors at the Reserve Bank of India were revised on the day Raghuram Rajan handed over governorship to Urjit Patel.

Sep 7, 2016

Majority of Indians cannot afford fruits and vegetables: Study

To bridge the gap, it would require more than half of the household's income to be spent in achieving consumption levels, a Lancet report pointed out.

Sep 6, 2016

Domestic tourism expected to attract $8 billion investment

About 144 investors from 70 companies will take part in the event to explore various sectors associated with tourism such as aviation, hospitality, civic amenities, roadways.

Sep 6, 2016

Rupee reaches 4-month high trade rate of 66.51 against US dollar

The rupee was trading at 66.51 per dollar, up 0.46%, the maximum gain since May 25, from its previous close of 66.83.

Sep 6, 2016

A look at Urjit Patel, previous governors of Reserve Bank of India

On Sept. 4, 2016, Urjit Patel took over as the 24th governor of the Reserve Bank of India. Here is a look at few previous RBI governors.

Sep 5, 2016

Nitin Gadkari's former OSD named in Maharashtra irrigation scam

The chargesheet is related to irregularities in over Rs 100-crore work of the Ghodazari branch of the Left Bank Canal (LBC) of Gosikhurd dam.

Sep 5, 2016