Economy News

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Infosys says COO Pravin Rao's statement on client spending 'misrepresented'

A TV channel had quoted Infosys COO Pravin Rao as saying that clients are asking IT companies to execute projects for 25-30 percent less.

Jun 7, 2017

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GST on printers, monitors be brought down to remove confusion, says MAIT

The GST Council has fixed 18 percent tax rate on laptops and desktops, and 28 percent on printers and monitors, creating ambiguity, according to MAIT.

Jun 6, 2017

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RBI doesn't yet have a case to switch stance from neutral to dovish

The RBI's Monetary Policy Committee has a tough balancing act to perform amid inflation, Q4 GDP data and forecast of a normal monsoon.

Jun 6, 2017

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GST: Smokescreen with a lot of fire?

The additional cost of GST could negatively impact consumer price inflation and the ability of companies to pass on tax benefits to their consumers.

Jun 5, 2017

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RBI's Monetary Policy Committee meeting: Experts at DBS Bank, Kotak Mahindra Bank, Orbis Economics say rate cut unlikely

The RBI's MPC will be meeting for the first time this fiscal on Tuesday in the backdrop of record low inflation and weak Q4 GDP numbers.

Jun 5, 2017

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All you need to know about Goods and Services Tax (GST)

Here is a comprehensive update on goods and services tax (GST), by the government of India.

Jun 3, 2017

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GST Council fixes 3% tax rate for gold, 18% for biscuits, 12% for garments

The 15th meeting of the Goods and Services Tax (GST) Council finalises rates for gold, biscuits, footwear, textiles.

Jun 3, 2017

Five times Jeremy Corbyn lost his cool

Leader of the U.K. Labour Party Jeremy Corbyn has had some feisty interviews in the past. So before the General Election on 8 June, here are five times his temper got the best of him.

Jun 2, 2017

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Highlights of energy minister Piyush Goyal's visit to Berlin, Leipzig and Munich

Goyal also met Roland Siller, DG Europe and Asia, KfW to discuss long term affordable financing for renewable industry in India.

Jun 2, 2017

Economic slowdown: Chinese daily Global Times mocks India; calls demonetisation a 'self goal'

China's Global Times said in a piece that India should avoid shock economic treatments and focus more on measures to boost private investment.

Jun 2, 2017

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71% Indian SMEs optimistic about domestic economic growth in 2017: Survey

The survey was commissioned by American Express and carried out by Oxford Economics.

Jun 1, 2017

RBI seems to be responding to change.org petition on bank charges: Sucheta Dalal

The petition on change.org started by business journalist Sucheta Dalal on bank charges, account number portability, has 2,09,962 supporters.

Jun 1, 2017

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India's GDP likely to grow at 7.3% in FY18: Elara Securities economist

In a note, Garima Kapoor, economist at Elara Securities, says Indian economy would grow at 7.3 percent in 2017-18 as against 7.1 percent in 2016-17.

Jun 1, 2017

Infosys co-founder Narayana Murthy to IT companies: Take salary cuts to stem job losses

In an interview to a TV channel, Infosys co-founder Narayana Murthy says senior executives of IT companies should take pay cuts and train employees to limit job losses.

Jun 1, 2017

Karnataka IT Minister Priyank Kharge to meet employees union to discuss IT layoffs

While Karnataka IT minister Priyank Kharge plans to meet the All India IT Employees Association that he will meet them "soon," Ravi Shankar Prasad is likely to meet the IT giants this month.

Jun 1, 2017

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Economy News

Infosys says COO Pravin Rao's statement on client spending 'misrepresented'

GST on printers, monitors be brought down to remove confusion, says MAIT

RBI doesn't yet have a case to switch stance from neutral to dovish

GST: Smokescreen with a lot of fire?

RBI's Monetary Policy Committee meeting: Experts at DBS Bank, Kotak Mahindra Bank, Orbis Economics say rate cut unlikely

All you need to know about Goods and Services Tax (GST)

GST Council fixes 3% tax rate for gold, 18% for biscuits, 12% for garments

Five times Jeremy Corbyn lost his cool

Highlights of energy minister Piyush Goyal's visit to Berlin, Leipzig and Munich

Economic slowdown: Chinese daily Global Times mocks India; calls demonetisation a 'self goal'

71% Indian SMEs optimistic about domestic economic growth in 2017: Survey

RBI seems to be responding to change.org petition on bank charges: Sucheta Dalal

India's GDP likely to grow at 7.3% in FY18: Elara Securities economist

Infosys co-founder Narayana Murthy to IT companies: Take salary cuts to stem job losses

Karnataka IT Minister Priyank Kharge to meet employees union to discuss IT layoffs

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