Economy News

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

IMF, RBI raise risk concerns in India's banking system, suggest privatisation of weaker PSBs

In the reports the institutions urged Indian government to consider diluting stakes in weak public sector banks (PSBs) rather than merging them with stronger banks.

Dec 22, 2017

India's 'new normal' growth rate is 7-8%, says Finance Minister Arun Jaitley

If India grows at 7-8 percent in 2018 as expected by the government, it might snatch back its title of the fastest growing major economy in the world.

Dec 22, 2017

Higher visa fees and HR 170 Bill add to woes of Indian IT companies

"The US government's immigration policy is creating an artificial distinction between one company and another," said R Chandrashekhar, president of NASSCOM.

Dec 22, 2017

Top 10% earners have 56% of India's wealth: Report [VIDEO]

India's list of billionaires went from 1 to 132 in the last 3 decades. All this while, the country continues to remain the home to world largest population of malnourished children and poor people.

Dec 21, 2017

steel production in india, steel production japan, steel exports by india, steel imports by india, india news, steel, tata steel, factory, iip, indian economy, gdp

Indicators for November signal rebound in industrial growth, says ICRA

The Indian economy report shows auto production on a year-on-year basis surged to a 38-month high, 19 percent in November from 2.2 percent in October this year.

Dec 21, 2017

RBI worried over risks to inflation, fiscal uncertainty; don't expect rate cut in near future

The monetary policy committee (MPC) members are concerned about rising crude oil prices, fiscal slippage for the ongoing financial year and rising inflationary expectations of households.

Dec 21, 2017

RBI likely stopped printing Rs 2,000 notes or is going slow on supply: Report

The report also noted that share of small currency notes in total currency in circulation now, may have surged to 35 percent in value terms.

Dec 21, 2017

Is there a crack in the Bitcoin bubble?

Bill Gates had some predictions about bitcoin in 2014, let's find out if they've come true.

Dec 20, 2017

Centre willing to bring petrol under GST ambit, but after consensus with states

Earlier, during his tour to the US, the Union Finance Minister had hinted at the government's intentions to bring petrol under the GST regime, but never confirmed it.

Dec 20, 2017

US crackdown on H1-B visas pushes Indian techies and other immigrants to Canada

Under the Canada's fast track visa programme, workers can apply to stay for three years and also apply for permanent residency.

Dec 20, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india, rera, real estate

Home loan growth fell massively due to reforms like RERA, GST

Market experts said the first half of this year was also impacted by the effects of demonetisation.

Dec 19, 2017

Budget 2018: A glimpse at what one can expect from the upcoming budget

The glimpse comes after Minister of Finance Arun Jaitley invited leaders from the industry to share their suggestions for the upcoming budget.

Dec 19, 2017

After victory in Gujarat, BJP's big focus will be rural economy in the next Budget; will farmers' suicide reduce in 2018?

The Budget in February 2018 is going to be the last full-fledged one that will be presented by Finance Minister Arun Jaitely before the 2019 election.

Dec 19, 2017

Gujarat election result 2017: Modi will shun economic reforms and play populist card in the run-up to 2019

Union Budget 2018 may see a softening of the reform drive and a focus on social spending

Dec 18, 2017

Car manufacturers want 2 GST rates for passenger vehicles in Budget 2018

The industry has suggested the government to tax used vehicles at 5 percent GST on the differential value between sale and purchase price of the used cars.

Dec 17, 2017

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Economy News

IMF, RBI raise risk concerns in India's banking system, suggest privatisation of weaker PSBs

India's 'new normal' growth rate is 7-8%, says Finance Minister Arun Jaitley

Higher visa fees and HR 170 Bill add to woes of Indian IT companies

Top 10% earners have 56% of India's wealth: Report [VIDEO]

Indicators for November signal rebound in industrial growth, says ICRA

RBI worried over risks to inflation, fiscal uncertainty; don't expect rate cut in near future

RBI likely stopped printing Rs 2,000 notes or is going slow on supply: Report

Is there a crack in the Bitcoin bubble?

Centre willing to bring petrol under GST ambit, but after consensus with states

US crackdown on H1-B visas pushes Indian techies and other immigrants to Canada

Home loan growth fell massively due to reforms like RERA, GST

Budget 2018: A glimpse at what one can expect from the upcoming budget

After victory in Gujarat, BJP's big focus will be rural economy in the next Budget; will farmers' suicide reduce in 2018?

Gujarat election result 2017: Modi will shun economic reforms and play populist card in the run-up to 2019

Car manufacturers want 2 GST rates for passenger vehicles in Budget 2018

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