Economy News

Stalled infrastructure projects cost government Rs 1.72 lakh crore extra

The expenditure incurred on these 1,257 projects till July is Rs 6.80 lakh core, which is 38.87 per cent of the total anticipated cost. Moreover, of the 1,257 projects there are 331 projects, whose cost overran by 274 times.

Oct 23, 2017

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

If your Rajdhani train tickets are not confirmed, you could soon opt to fly!

The proposal was pushed by the Chairman of the Indian Railway Board Ashwani Lohani last summer when he was Chairman and Managing Director of Air India.

Oct 23, 2017

Decisions on key lending rates entering trickier waters, show RBI monetary policy panel minutes

Observers are wary about the deep divide within the RBI Monetary Policy Committee when it comes to deciding key interest rates. Read to know more.

Oct 20, 2017

Railways to spend Rs 3,000 cr to automate yards; how will it impact jobs?

The Railway Board has already identified 38 yards which would be developed into smart yards, and are currently awaiting the clearance from the board.

Oct 18, 2017

A surgeon and his assistant perform cosmetic surgery inside a hospital operation theater in Mumbai May 9, 2008. [Representational Image]

Medical services for foreigners will now be cheaper in Karnataka

A policy on medical tourism and wellness will be launched within a month to focus on the particular travel segment so that tourists are not cheated on such trips.

Oct 18, 2017

Jaya Jaware at the company's headquarters in Mountain View, California, U.S. April 21, 2017. [Representational Image]

Number of Indians seeking work in the US falls 38 percent

Data from a job site shows a sharp drop in the number of Indians seeking to move to the US and the UK over the past year, compared to the corresponding year-ago period. Read to know more.

Oct 18, 2017

People wade through a water-logged road past a stalled passenger bus during rains in Mumbai, August 29, 2017.

India plans to shell out Rs 20 billion to perk up weather prediction

Collection data stations and mathematical models will also go through upgradation-cum-modernisation.

Oct 18, 2017

Festive season boosts temporary recruitment amid lacklustre economic growth

While the salaries for temporary profiles are unchanged, the demand has however shot up.

Oct 17, 2017

India's Infrastructure Fund to receive $1 bn from Abu Dhabi Investment Authority

This agreement will make ADIA get the tag of becoming the first institutional investor and a shareholder in the NIIF's Master Fund.

Oct 17, 2017

Govt gears up to implement Rs 1.2 lakh crore universal social security plan for poorest

The government is keen on rolling out this mandatory scheme by next year, ahead of the 2019 general elections. Read on to know more.

Oct 17, 2017

GST on AC and non-AC restaurants likely to be at same rate soon

The final decision is yet to be taken by the five-member GST council at the November 9 meeting.

Oct 16, 2017

inflation, retail inflation, inflation may 2017, rbi inflation target, rbi, pay commission, modi govt

Wholesale inflation cools to 2.6% in September from four-month high in August

And inflation in vegetable prices cooled to 15.48 percent in September as against a high of 44.91 percent last month.

Oct 16, 2017

Foreign firms lining up 5.5 lakh crore investment; 7 lakh jobs on the anvil

The country has recorded highest inflow of foreign direct investment (FDI) in tune of Rs 2.7 lakh crore ($43 billion) in financial year 2017, an increment of 9 percent from the previous year.

Oct 16, 2017

US Federal Reserve's new move could affect emerging economies: Jaitley

Jaitley said the highest priority for the government is to create new jobs as millions of young people enter the workforce every year.

Oct 15, 2017

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Economy News

Stalled infrastructure projects cost government Rs 1.72 lakh crore extra

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

If your Rajdhani train tickets are not confirmed, you could soon opt to fly!

Decisions on key lending rates entering trickier waters, show RBI monetary policy panel minutes

Railways to spend Rs 3,000 cr to automate yards; how will it impact jobs?

Medical services for foreigners will now be cheaper in Karnataka

Number of Indians seeking work in the US falls 38 percent

India plans to shell out Rs 20 billion to perk up weather prediction

Festive season boosts temporary recruitment amid lacklustre economic growth

India's Infrastructure Fund to receive $1 bn from Abu Dhabi Investment Authority

Govt gears up to implement Rs 1.2 lakh crore universal social security plan for poorest

GST on AC and non-AC restaurants likely to be at same rate soon

Wholesale inflation cools to 2.6% in September from four-month high in August

Foreign firms lining up 5.5 lakh crore investment; 7 lakh jobs on the anvil

US Federal Reserve's new move could affect emerging economies: Jaitley

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