Economy News

Demonetisation move: Centre submits affidavit ahead of crucial Supreme Court hearing

The affidavit will be taken up for hearing by a bench headed by Chief Justice TS Thakur on Friday, December 2.

Dec 2, 2016

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No double charging of products with MRP, says Consumer Affairs department

The MRP rule for bottled water will apply to all packaged products including shops, malls and airports.

Dec 1, 2016

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Demonetised notes worth Rs 11 lakh crore returned till now: Report

A CNBC-TV18 report, citing government sources, suggests about 77 percent of Rs 14.18 lakh crore has come back to the banking system.

Dec 1, 2016

Demonetisation forcibly executed before planning was complete, likely to hit GDP rate: NITI Aayog vice-chairman

Arvind Panagariya says leaking of information forced PM Modi to hasten the process and reassured that GDP rates will pick up in long term.

Dec 1, 2016

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Jewellery bought from disclosed income, inherited not to be taxed: Govt

Government Thursday clarified that amended Income Tax bill passed by Lok Sabha has no provision to impose tax on legitimate holdings of jewellery.

Dec 1, 2016

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Demonetisation hastens Nomura's call for rate cut by RBI

Nomura Securities says near-term economic slowdown can be partially offset by a 25 bps rate cut at the December MPC meeting.

Dec 1, 2016

How Secure Is Your Password? Here's a List Of 2014's Worst Passwords; Tips On Choosing Strong Passwords

Phishing websites spoof 26 banks in India trying to steal customer details

Pretending as secure payment gateways, these phishing sites first gather sensitive data and then a fake failed login message is displayed to the victim.

Dec 1, 2016

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Demonetisation moderately slows down manufacturing in November

The PMI for November came in at 52.3, down from 54.4 in October, but impact of demonetisation was not critical.

Dec 1, 2016

Saudi Arabia infuses $27 billion into sovereign wealth fund

With falling oil revenue, the country is looking at more investments through its wealth fund to boost national income.

Dec 1, 2016

Demonetisation: Road ministry proposes Rs 5 to Rs 100 coupons as new currency at toll plazas

The Ministry of Road Transport and Highways has proposed that high-security coupons be used as small denomination currency at toll plazas.

Dec 1, 2016

Aviation stocks down post 3% fall in jet fuel prices

The new Aviation Turbine Fuel (ATF) prices came into effect on December 1.

Dec 1, 2016

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Payday cash crunch: Banks seek police protection, put withdrawal limits as queues outside banks and ATMs get longer

Bankers said that they are receiving less than half the cash required on a daily basis with several running out of cash within hours of opening shop.

Dec 1, 2016

Demonetisation: Short of cash? Here are 6 ways to beat cash crunch blues

You need to reduce your usage of cash and shift to digital modes of payment and use fintech innovation to beat the cash crunch.

Nov 30, 2016

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

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Economy News

Demonetisation move: Centre submits affidavit ahead of crucial Supreme Court hearing

No double charging of products with MRP, says Consumer Affairs department

Demonetised notes worth Rs 11 lakh crore returned till now: Report

Demonetisation forcibly executed before planning was complete, likely to hit GDP rate: NITI Aayog vice-chairman

Jewellery bought from disclosed income, inherited not to be taxed: Govt

Demonetisation hastens Nomura's call for rate cut by RBI

Phishing websites spoof 26 banks in India trying to steal customer details

Demonetisation moderately slows down manufacturing in November

Saudi Arabia infuses $27 billion into sovereign wealth fund

Demonetisation: Road ministry proposes Rs 5 to Rs 100 coupons as new currency at toll plazas

Aviation stocks down post 3% fall in jet fuel prices

Payday cash crunch: Banks seek police protection, put withdrawal limits as queues outside banks and ATMs get longer

Demonetisation: Short of cash? Here are 6 ways to beat cash crunch blues

India clocks GDP growth at 7.3% in September quarter

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

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]