Economy News

Walmart India to open 30 stores in next 3 years [VIDEO]

The global retail giant plans to add 5-7 stores in the next calendar year even as it begins piloting 'dark stores' or fulfilment centres for retailers, stockists and kirana stores buying from it.

Nov 4, 2017

India adds 1,000 technology start-ups in 2017: Nasscom [VIDEO]

While Bengaluru, Delhi and Mumbai retained their position as the key start-up hubs in India, 20 per cent of the startups emerged from tier II and III cities, the report noted.

Nov 4, 2017

Harsimrat Kaur Badal, Union Cabinet Minister of Food Processing in the Government of India

Central government signs Rs 10,000 crore deal with Patanjali

The Indian government had also received assurance from 13 domestic and global firms to invest a collective amount of Rs 68,000 crore in food processing over the next few years.

Nov 4, 2017

Will this event strengthen India's position as a global food factory?

World Food India 2017: All you need to know [VIDEO]

India is expected to attract an investment of US $10 billion in food processing sector and generate 1 million jobs in the next 3 years.

Nov 3, 2017

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India's services activity expands at fastest pace in October on higher demand

The Nikkei/IHS Markit Services Purchasing Managers' Index (PMI) rose to 51.7 last month — the highest since June — from 50.7 in September.

Nov 3, 2017

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Union government pushing to improve Ease of Doing Business ranking

According to reports, after jumping to the 100th place this year, India is now preparing to enter into the top-50 club with around 90 specific reforms lined up for various ministries.

Nov 3, 2017

Calls to boycott Chinese goods in India get louder even as China believes it is 'an irrational move'

The wide availability of Chinese goods, which are much more affordable than Indian goods and hence find more customers, also doesn't bode well for the Modi-government's "Make-in-India" initiative.

Nov 3, 2017

Confused between a job in Delhi and Mumbai? This is the city that has a higher salary scale

As per World Bank's Ease of Doing Business report, employees in Delhi are paid much better than those in Mumbai even though workers in the commercial capital are entitled to more annual paid leaves.

Nov 2, 2017

India's manufacturing activity loses steam in October on GST bite

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 50.3 in October from September's 51.2.

Nov 1, 2017

Infosys refutes claims of unsatisfactory work on GST network; promises to resolve issues at the earliest

Three government officials have said that they are not happy with the GST network created and run by IT giant Infosys as taxpayers have frequently been facing glitches.

Nov 1, 2017

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GST Council meet: Govt likely to reduce items in 28% slab

The GST Council headed by Union Finance Minister Arun Jaitley is yet to take a final decision. The Council will meet on November 9 in Guwahati, Assam.

Nov 1, 2017

India jumps to 100th spot on World Bank's Ease of Doing Business list

However, India lags in areas such as "starting a business", "enforcing contracts" and "dealing with construction permits."

Nov 1, 2017

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IMF advises Gulf countries to shift from oil, diversify energy resources

In its Regional Economic Outlook, IMF projected GCC countries economic growth at just 0.5 percent this year, the worst since the global financial crisis of 2009.

Oct 31, 2017

Evading taxes? IT dept may soon descend on you as it gears up to open old files and closed cases

The apex court's ruling overturns the CBDT's notification, in which it said that the IT department would not file an appeal if the amount of tax to be recovered is Rs 4 lakh or below.

Oct 31, 2017

Bank recapitalisation 'appropriate', 'bad loan' problem not as bad as it looks: Former RBI governor Y V Reddy

Dr YV Reddy said that non-performing assets (NPAs) is not today's problem, the problem has been accumulated over the years.

Oct 29, 2017

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Economy News

Walmart India to open 30 stores in next 3 years [VIDEO]

India adds 1,000 technology start-ups in 2017: Nasscom [VIDEO]

Central government signs Rs 10,000 crore deal with Patanjali

World Food India 2017: All you need to know [VIDEO]

India's services activity expands at fastest pace in October on higher demand

Union government pushing to improve Ease of Doing Business ranking

Calls to boycott Chinese goods in India get louder even as China believes it is 'an irrational move'

Confused between a job in Delhi and Mumbai? This is the city that has a higher salary scale

India's manufacturing activity loses steam in October on GST bite

Infosys refutes claims of unsatisfactory work on GST network; promises to resolve issues at the earliest

GST Council meet: Govt likely to reduce items in 28% slab

India jumps to 100th spot on World Bank's Ease of Doing Business list

IMF advises Gulf countries to shift from oil, diversify energy resources

Evading taxes? IT dept may soon descend on you as it gears up to open old files and closed cases

Bank recapitalisation 'appropriate', 'bad loan' problem not as bad as it looks: Former RBI governor Y V Reddy

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react