Economy News

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Rail, general budget merger proposal being examined, says finance ministry official

A Union Finance Ministry official said the Central government has already started examining the possible merger of rail and general budgets.

Aug 8, 2016

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Bengaluru leads in launch of new residential properties during June quarter: Colliers India

Colliers India said Bengaluru (Bangalore) accounted for about 48 percent of 24,000 residential units launched in June quarter.

Aug 8, 2016

An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013

India's fight against inflation to help macroeconomic stability: Moody's

In an inflation-fighting move by the outgoing RBI Governor Raghuram Rajan, the government this week notified Parliament that it would introduce the target of 4 percent.

Aug 7, 2016

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Saudi envoy to India says 2,500 and not 10,000 Indians stranded; Modi govt launches 4-pronged effort

Saudi Arabia's ambassador to India, Saud Bin Mohammed Al Sati, says the lay-offs do not reveal a pattern, even as India launches 4-pronged effort.

Aug 6, 2016

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7th Pay Commission: Govt issues notification on hike for pensioners, finally

After keeping about 52 lakh pensioners guessing, the Modi government finally cleared the hike as proposed by the 7th Central Pay Commission.

Aug 6, 2016

Subir Gokarn meets RBI governor Raghuram Rajan, triggers speculation: Report

Former deputy governor of RBI Subir Gokarn's purported meeting with RBI chief Raghuram Rajan on Friday has triggered speculation.

Aug 6, 2016

Mutual funds: Some transactions in DSP BlackRock Micro Cap Fund temporarily suspended

Certain transactions have been suspended fearing possibility that large inflows may prove detrimental to investors' interests.

Aug 6, 2016

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GST Bill is a positive reform signal for India, will remove trade barriers: Fitch

Fitch expects the debt to reach 69.4 percent of the GDP in the present financial year.

Aug 5, 2016

Government extends minimum import price for steel products by 2 months

The extension is an indication that India is becoming increasingly protectionist as it tries to support domestic players.

Aug 5, 2016

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GST Bill: How 'one nation one tax' law would affect people from April next year

The Goods and Services Tax won't be a win-win for all when it presumably comes into effect from April 1, 2017.

Aug 4, 2016

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GST Bill: What foreign media had to say about 'one nation, one tax' legislation

Many prominent newspapers and channels covered the passage of the GST Bill on Wednesday, seen as key to Modi's economic reforms.

Aug 4, 2016

Cabinet approves monetisation of 75 road projects

The cabinet has authorised NHAI to monetise the public funded highway projects, which would garner Rs. 1 lakh crore.

Aug 4, 2016

GST Bill passed in Rajya Sabha uninamously; FM Arun Jaitley, P Chidambaram, Anand Sharma, Sitaram Yechury, others spoke

After a heated debate, the Rajya Sabha passed the GST Bill on Wednesday; the AAIADMK walked out before the voting.

Aug 3, 2016

Falling crude oil prices hit Indian migrants in Gulf region

The inward remittance decline was recorded 2.2 percent at $35.9 billion during the financial year 2015-16.

Aug 3, 2016

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GST Bill: India Inc. will be fine with 20% rate, says CII chief Naushad Forbes

The GST Bill may not have specified a rate, but industry body CII says anything above 20 percent would be "problematic".

Aug 3, 2016

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Economy News

Rail, general budget merger proposal being examined, says finance ministry official

Bengaluru leads in launch of new residential properties during June quarter: Colliers India

India's fight against inflation to help macroeconomic stability: Moody's

Saudi envoy to India says 2,500 and not 10,000 Indians stranded; Modi govt launches 4-pronged effort

7th Pay Commission: Govt issues notification on hike for pensioners, finally

Subir Gokarn meets RBI governor Raghuram Rajan, triggers speculation: Report

Mutual funds: Some transactions in DSP BlackRock Micro Cap Fund temporarily suspended

GST Bill is a positive reform signal for India, will remove trade barriers: Fitch

Government extends minimum import price for steel products by 2 months

GST Bill: How 'one nation one tax' law would affect people from April next year

GST Bill: What foreign media had to say about 'one nation, one tax' legislation

Cabinet approves monetisation of 75 road projects

GST Bill passed in Rajya Sabha uninamously; FM Arun Jaitley, P Chidambaram, Anand Sharma, Sitaram Yechury, others spoke

Falling crude oil prices hit Indian migrants in Gulf region

GST Bill: India Inc. will be fine with 20% rate, says CII chief Naushad Forbes

Bengal road accident: 18 killed, several injured; Shah, Guv condole deaths [details]

Bhavesh Shekhawat secures maiden Nationals gold; Vijay Kumar finishes fourth [details]

UP TET 2021 question paper leaked, went viral on WhatsApp; exam cancelled [details]

Mysuru student gang-rape case: K'taka Police submit 1,499 page charge sheet

Gambhir receives another e-mail from ISIS-Kashmir from the same e-mail ID