Economy News

Spring Budget 2017 preview: What will Chancellor Philip Hammond have in his red box?

IBTimes UK attempts to predict what Hammond has been planning in Number 11.

Mar 7, 2017

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India's vital statistics at a glance since note ban

Data for various sectors such as civil aviation, exports, imports, automobiles, tourism show a mixed trend after PM Modi's note ban decision.

Mar 7, 2017

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India to remain world's fastest-growing economy, reveals Fitch Ratings's Global Economic Outlook

In its latest Global Economic Outlook (GEO) released on Tuesday, Fitch Ratings highlights significant trends globally.

Mar 7, 2017

sbi revises atm charges, sbi minimum balance penalty, sbi cash transaction charges, icici bank cash transaction fee, icici bank atm free transactions, hdfc bank free cash transactions, axis bank free cash transaction

State Bank of India joins ICICI, HDFC & Axis Bank to impose restrictions on cash transactions

Besides issuing new rules on cash withdrawals and deposits, the SBI also re-introduced penalty for not maintaining a minimum bank balance.

Mar 6, 2017

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Plans afoot to introduce common registration form for provident fund, ESIC

This would be in line with a series of changes made or being planned to give relief to employees in provident fund (EPFO), pension and insurance claims.

Mar 6, 2017

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China faces uphill task in gas vs coal trade-off

The projected extra needs would inflate China's gas demand by a quarter, according to consultancy Wood Mackenzie.

Mar 6, 2017

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Nepal Investment Summit secures $13.51 billion in investment commitment

China commits $8.3 billion at the Nepal Investment Summit that also five other countries making promises to invest in the country.

Mar 4, 2017

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US Fed chair signals March interest rate hike

The US Federal Reserve is scheduled to hold its next monetary policy meeting on March 14 and 15.

Mar 4, 2017

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Farm loan waiver: Karnataka wants Centre to write off Rs 21,164 crore, PM Modi promises to waive agriculture debt in UP

Karnataka CM Siddaramaiah wants PM Modi to waive 50 percent of bank loans to farmers, opening the floodgates for Tamil Nadu and other states.

Mar 3, 2017

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India services sector rebounds for first time in 4 months, reveals PMI data for February

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 50.3 in February from 48.7 in January.

Mar 3, 2017

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China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

While pointing out the flaws in the Indian manufacturing sector, the editorial in Global Times also commended India for growing.

Mar 3, 2017

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

The recovered amount is much lesser than what would ensure putting Rs 15 lakh in the account of each Indian — something that Narendra Modi had promised in the run-up to the 2014 LS polls.

Mar 3, 2017

cash transactions, limits on cash transactions at ATMs, hdfc bank cash transactions, sit reco on black money, cash holding limit, modi govt, arun jaitley

Modi govt could place limit on cash holdings by Indians

The SIT had made two recommendations on the subject, a cap on cash transactions and on cash holdings, of which one has already been accepted.

Mar 2, 2017

television viewership in india, tv viewership in india, barc india suvey, bi survey, tv serials in india, tv ads in india

Television viewership rises 18% in India: Survey

A survey by the television audience measurement agency between November 2015 and February 2016 shows interesting results.

Mar 2, 2017

india, gdp, growth rate, q3 gdp data, india vs china, world's fastest growing economy

India's Q3 GDP data raises doubts among economists

"The message from the GDP numbers doesn't tally with what we see on the ground," Nomura economist Sonal Varma said.

Mar 2, 2017

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Economy News

Spring Budget 2017 preview: What will Chancellor Philip Hammond have in his red box?

India's vital statistics at a glance since note ban

India to remain world's fastest-growing economy, reveals Fitch Ratings's Global Economic Outlook

State Bank of India joins ICICI, HDFC & Axis Bank to impose restrictions on cash transactions

Plans afoot to introduce common registration form for provident fund, ESIC

China faces uphill task in gas vs coal trade-off

Nepal Investment Summit secures $13.51 billion in investment commitment

US Fed chair signals March interest rate hike

Farm loan waiver: Karnataka wants Centre to write off Rs 21,164 crore, PM Modi promises to waive agriculture debt in UP

India services sector rebounds for first time in 4 months, reveals PMI data for February

China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

Modi govt could place limit on cash holdings by Indians

Television viewership rises 18% in India: Survey

India's Q3 GDP data raises doubts among economists

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