Economy News

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NSE could sell 25% stake in its proposed IPO: Report

The offer-for-sale of equity shares is likely to net National Stock Exchange about Rs 10,000 crore.

Nov 16, 2016

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Banks are major beneficiaries of PM Modi's demonetisation drive: IDFC

Consumers-facing businesses like auto and consumer durables will feel the heat in the near-term.

Nov 16, 2016

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Opposition accuses govt of unleashing 'economic anarchy' on demonetisation

Congress leader Anand Sharma also blamed the government for being insensitive to the problems of the common man.

Nov 16, 2016

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Currency ban: Copies of ID proof not required for exchanging old notes, says RBI

The guidelines provided by the RBI state that customers only need to show valid ID proof and not their photocopies.

Nov 16, 2016

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Winter session: Demonetisation on high-priority as opposition parties plan 30 protests outside Parliament

Congress and TMC have asked for suspension of all work to discuss the demonetisation issue on the first day of the session.

Nov 16, 2016

Morning brief: India's exports rise sharply, Super Mario Run release date, FIFA World Cup qualifiers and more

Also read about the rise in hate crimes against Muslims in the US and How To Get Away With Murder season 3 big revelation.

Nov 16, 2016

Demonetisation row: How much cash will PM Modi and Rahul Gandhi exchange at banks

The estimates, if remain unchanged, are based on asset declaration at the end of financial year 2015-16.

Nov 16, 2016

Indian Oil Corporation Petrol Diesel price decreased

Petrol price slashed by Rs 1.46 per litre, diesel by Rs 1.53 per litre

Petrol price will be priced Rs 65.93 per litre in Delhi after the revised price, down from Rs 67.62 per litre.

Nov 15, 2016

Government to present Union budget on February 1

The move is aimed at ensuring that state governments can disburse funds for various schemes from the beginning of the financial year on April 1.

Nov 15, 2016

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India's exports rise sharply in October, gold imports spurt; trade deficit widens

External trade data for October shows exports rise almost 10 percent and imports increase 8 percent; gold imports up 108 percent, YoY.

Nov 15, 2016

Demonetised currency worth Rs 87 lakh seized in Kerala, Chhattisgarh, Telangana

Demonetised currency worth Rs 62 lakh seized from a man in Kerala on Tuesday morning.

Nov 15, 2016

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Supreme Court refuses to stay demonetisation, asks for more steps to ease inconvenience to common man

The apex court agreed in-principle with the government's contention that there will be "some collateral damage" of the move.

Nov 15, 2016

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Demonetisation: Jewellers, farmers, Jan Dhan accounts under scanner

Income tax authorities and other agencies are keeping a tab on jewellery stores, farmers and unusually high deposits in Jan Dhan accounts.

Nov 15, 2016

Play

Theresa May: Change is in the air

British Prime Minister Theresa May said change is in the air during a speech about the current political landscape, the EU and trade at the Lord Mayors Banquet in London.She described the election of Donald Trump as US president and Britains vote to leave the European Union as proof that change is happening. She also called on business leaders to help her government shape an economy that works for everyone.

Nov 15, 2016