Economy News

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

RBI Governor hinted PSU bank mergers as recapitalisation plans

RBI Governor Urjit Patel said that PSBs will need to take haircut on current exposure, and higher provisions requirement will affect the capital position of several banks.

Aug 20, 2017

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Indian railway projects worth Rs 1 lakh crore halt over GST confusion

Before GST was introduced, contractors had to pay a maximum of 4 percent service tax depending on the state but after the new tax system was launched, a GST of 18 percent was imposed.

Aug 19, 2017

RBI to issue new Rs 50 note: Top features to look out for in the new banknote

New Rs 50 banknote will have a motif of Hampi with the chariot and Swachh Bharat logo and the slogan on the reverse.

Aug 19, 2017

Digital toll payment: Centre launches new app to buy RFID cards for seamless highway transportation

The government has also ordered to make toll lanes on highways RFID-enabled by October 31, and also directed that one lane at toll gates should be exclusively be reserved for FASTags starting September 1.

Aug 18, 2017

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Will coal remain the mainstay of India's energy mix?

Piyush Goyal said the country would not be apologetic about having to use coal in future while all developments in the US and the West for over 150 years were on the back of the coal itself.

Aug 18, 2017

India sees over 15% growth in foreign tourist arrivals [VIDEO]

Foreign tourist arrivals from January 2017 to July 2017 were 56.74 lakh, recording a growth of 15.7 per cent from last year, said tourism ministry.

Aug 18, 2017

Climate challenge costs India $10 billion every year

A further plunge in the farming productivity driven by extreme weather events will add a lot of stress and India could turn into a major importer of food items like milk and pulses.

Aug 18, 2017

Here is why US-North Korea tension is not good for Indian economy

Data analytics firm Statista revealed that North Korea imported as much as 85 percent of its goods worth around Rs 22,555 crore (USD 3.47 billion) from China in 2015.

Aug 17, 2017

Here's how private players will benefit from Centre's new metro policy

The policy came up with a major change, as it shifts from existing financial rate of return to economic rate of return.

Aug 17, 2017

India may use LED for all lights by 2019, will save Rs 40,000 crore each year

Energy Efficiency Services Ltd (EESL) shook hands with Indian oil companies for selling its LED bulbs, tubelights and fans at more than 54,500 petrol pumps.

Aug 17, 2017

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Are ATMs being driven to extinction? Demonetisation, digitisation have the answer

Are demonetisation and digitisation driving ATMs to extinction with an increase in cashless transactions? Read to know more.

Aug 16, 2017

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Modi govt plans to double nuclear power capacity to 14K MW: Piyush Goyal

Earlier in May, the Union Cabinet had approved the setting up of 10 indigenous Pressurised Heavy Water Reactors (PHWRs) for nuclear power generation.

Aug 15, 2017

Cracking 'shells': Can Sebi bring Launderers Anonymous to book with sheer zeal?

SEBI and investors face uncertain tides as the market regulator weeds out shell firms in the corporate ocean.

Aug 14, 2017

RIL, BP to submit revised investment plan for KG-D6 gas finds

The government had in 2012 approved a $1.529-billion plan to produce 10.36 million standard cubic meters per day of gas from four satellite fields of KG-D6 by 2016-17.

Aug 14, 2017

Auditing the auditors: RBI raises questions about differences in loan write-downs

In some cases, the apex bank also doubted the provisioning methodology and non-performing asset (NPA) figures arrived at by the auditors at a few public sector banks.

Aug 14, 2017

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Economy News

RBI Governor hinted PSU bank mergers as recapitalisation plans

Indian railway projects worth Rs 1 lakh crore halt over GST confusion

RBI to issue new Rs 50 note: Top features to look out for in the new banknote

Digital toll payment: Centre launches new app to buy RFID cards for seamless highway transportation

Will coal remain the mainstay of India's energy mix?

India sees over 15% growth in foreign tourist arrivals [VIDEO]

Climate challenge costs India $10 billion every year

Here is why US-North Korea tension is not good for Indian economy

Here's how private players will benefit from Centre's new metro policy

India may use LED for all lights by 2019, will save Rs 40,000 crore each year

Are ATMs being driven to extinction? Demonetisation, digitisation have the answer

Modi govt plans to double nuclear power capacity to 14K MW: Piyush Goyal

Cracking 'shells': Can Sebi bring Launderers Anonymous to book with sheer zeal?

RIL, BP to submit revised investment plan for KG-D6 gas finds

Auditing the auditors: RBI raises questions about differences in loan write-downs

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