Economy News

Railway employees may get 78-day pay as bonus before Dussehra

The decision of paying the bonus could cost the railways, already facing financial crunch, about Rs 2,000 crore.

Sep 25, 2016

After GST, 10,000 firms expected to be listed on Bombay Stock Exchange

GST tax regime will be beneficial to the smaller firms, which would help them grow faster and bring in more transparency.

Sep 25, 2016

September car, two-wheeler sales likely to show robust growth

The 7th pay panel recommendations, along with the festive season, are likely to drive car and two-wheeler sales in September.

Sep 24, 2016

IDS 2016: Collection details under amnesty scheme leak

Information about collections under the IDS 2016 are emerging, despite the government assuring "complete confidentiality."

Sep 24, 2016

72% of used cars in India sold on Olx: Report

Selling online is preferred as it is considered to be hassle-free and less time consuming.

Sep 23, 2016

India's foreign exchange reserves slide from record high

RBI data released on Friday shows that India's foreign exchange reserves fell $1.67 billion to $369.6 billion.

Sep 23, 2016

GST Council fixes annual turnover limit at Rs 20 lakh

The GST Council will meet again on 30 September to decide the draft rules and other area-based exemptions.

Sep 23, 2016

Illegal construction in Bengaluru: Find out if your house will be demolished using this online tool

This app will tell you if your house is illegally constructed or not, as per BBMP's rajakaluve map.

Sep 23, 2016

India witnessing 'jobless' growth: Modi minister

YS Chowdary,leader of NDA ally TDP, holds the science and technology portfolio in Modi government.

Sep 23, 2016

India's current account deficit falls drastically to $300 million in June quarter

Meanwhile, net FDI dropped to $4.1 billion in the first quarter, primarily on account of external loan repayments.

Sep 22, 2016

Union Cabinet appoints 3 external members to Monetary Policy Committee

The six-member committee would also include RBI Governor Urjit Patel and two senior officials of the monetary policy department.

Sep 22, 2016

India's crude steel production rises 9.4% in August 2016

India produced 8.1 Mt of crude steel in August, according to World Steel Association.

Sep 22, 2016

Bullet train project: Indian Railways launches drive to hire top management

The railways invites applicants for the top four posts in the newly-formed National Highway Speed Rail Corp Ltd.

Sep 21, 2016

PM Narendra Modi emulates Vajpayee on budgets

The NDA government scraps railway budget and merges it with the union budget, a paradigm shift in India's parliamentary history.

Sep 21, 2016

Tourism Summit 2016: India eyes multi-billion dollars in investments during 3-day event

IITIS 2016 comprises meetings, seminars for various stakeholders such as travel agents, investors and government.

Sep 21, 2016