Economy News

Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, other airlines performed in August

IndiGo continues to lead as the largest carrier with a market share of 39.9 percent in August.

Sep 20, 2016

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

FIPB to consider 15 foreign investment proposals next week

The board will decide proposals of IBM India, Morgan Stanley India Primary Dealer and BNP Paribas Asset Management, among others.

Sep 19, 2016

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IDS 2016: Taxman gets ready to go after defaulters once amnesty scheme ends

The Income Declaration Scheme (IDS) 2016 is a one-time chance to come clean on undisclosed income.

Sep 19, 2016

National Highways Authority of India (NHAI)

India approves transnational highway project worth $1 billion

The highway project, funded by the Asian Development Bank, will connect India with Bangladesh, Bhutan and Nepal.

Sep 18, 2016

Germans protest against Obama-backed trade deals

Germans are concerned about certain 'controversial' provisions that may have negative impact on consumers.

Sep 17, 2016

Oil hits multi-week lows as growing supplies stoke glut concern

Apart from rising Iranian exports, there are also signs of Nigeria and Libya resuming oil exports, fuelling concerns that a global glut would persist.

Sep 16, 2016

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

The next policy review meeting is scheduled to be held on October 4.

Sep 16, 2016

rupee 20 patel urjit new currency notes denomination rbi issues statement governor rbi

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

The new Rs. 20 note will bear the year as "2016" on the reverse and Urjit Patel's signature on the front, says RBI.

Sep 16, 2016

rupee devaluation dbs bank analyst rao radhika exports import rbi efforts stabilise fcnr fieo reports media competition weak global economy

Rupee devaluation is a bad idea, says DBS Bank economist

The disadvantages far outweigh the likely gains, says Radhika Rao, DBS Bank economist.

Sep 16, 2016

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India's exports fall less than 1% in August; gold imports decline 77%

Exports account for about 20 per cent of India's gross domestic product.

Sep 15, 2016

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

International firms have expressed interest after the government allowed 100 per cent FDI in the food processing segment.

Sep 14, 2016

cement, weak demand, demonetisation, real estate problems, modi, slowdown, indian economy, nirmal bang

Indian cement companies set to gain in coming months: Deutsche Bank

Monsoon-led demand recovery and improved margins are set to reflect in share prices of cement firms, says Deutsche Bank.

Sep 14, 2016

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India expected to post first current account surplus in nine years

For the full year ending in March 2017, India is likely to post a deficit even lower than last year's 1.1 per cent of GDP.

Sep 14, 2016

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India adds 94 lakh vehicles to its roads in 5 months

Domestic vehicle sales rise 15.4 percent to 93.91 lakh units between April and August this year, but exports fall.

Sep 14, 2016

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

While Arundhati Bhattacharya ranks second, Chanda Kochhar claims fifth and Shikha Sharma holds the 19th position in the list.

Sep 14, 2016

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Economy News

Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, other airlines performed in August

FIPB to consider 15 foreign investment proposals next week

IDS 2016: Taxman gets ready to go after defaulters once amnesty scheme ends

India approves transnational highway project worth $1 billion

Germans protest against Obama-backed trade deals

Oil hits multi-week lows as growing supplies stoke glut concern

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

Rupee devaluation is a bad idea, says DBS Bank economist

India's exports fall less than 1% in August; gold imports decline 77%

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

Indian cement companies set to gain in coming months: Deutsche Bank

India expected to post first current account surplus in nine years

India adds 94 lakh vehicles to its roads in 5 months

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

Jasprit Bumrah to tie-the-knot this weekend in Goa: Reports

Bomb scare at Taj Mahal was hoax; tourist entry resumes

Karnataka dead man comes alive moments before autopsy; here's what happened

Ibrahim Ali Khan is every bit of a royal Nawab at Punjab CM's granddaughter's wedding (PICS)

Sona Mohapatra slams Janhvi Kapoor's Nadiyon Paar: We have no spine, guts to back the new