Economy News

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7th Pay Commission: 55 lakh Central government pensioners to get higher pension with effect from January 2016

The Union Cabinet on Wednesday approved higher payment of pension to 53 lakh pensioners, with effect from January 1, 2016.

May 3, 2017

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CBI arrests income tax commissioner over corruption charges; ED moves against CEO of Zoom Developers

Commissioner of Income Tax (Appeals) BB Rajendra Prasad was arrested in Mumbai; Vijay Choudhary of Zoom Developers arrested over money-laundering.

May 3, 2017

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Aggrieved home buyers yet to understand benefits of real estate regulator

Under the central law, each state has to notify rules and set up a regulatory authority to manage the real estate sector.

May 2, 2017

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Asian factories get off to solid start in second quarter

A multi-year trade recession for Asia's exporters has ended as global demand revives though there are challenges.

May 2, 2017

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7th Pay Commission: Karnataka govt employees not to participate in May 4 strike

In view of the assurances given by CM Siddaramaiah, Karnataka state government employees said on Tuesday there was no need for a strike.

May 2, 2017

Bank employees to get lower DA for May, June, July 2017

In a statement, the Indian Banks' Association (IBA) said bank employees will be paid dearness allowance (DA) at 45.6 percent of pay.

May 2, 2017

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'Made in India' smartphones make it big in March quarter shipments

Smartphone shipments in India stood at 29 million units in the January-March 2017 quarter, says research firm Counterpoint.

Apr 29, 2017

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India's forex reserves rise to $371 billion; Federal Bank Q4 net profit spurts 25 times

Data released by RBI reveals that India's foreign exchange reserves rose $1.25 billion for the week ended April 21, 2017.

Apr 29, 2017

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GST Council chairman and finance minister Arun Jaitley lays speculation to rest on tax rates

At an event on Friday, Arun Jaitley said there won't be "surprises" in the tax rates in the context of the GST that will be rolled out from July 1, 2017.

Apr 28, 2017

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India to pip Germany as 4th largest economy by 2022: IMF

In addition to dethroning Germany as the fourth-largest economy of the world, India is also likely to get a boost from GST, says IMF.

Apr 28, 2017

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Sovereign Gold Bonds: Series I for 2017-18 closes this Akshaya Tritiya

The latest issue of Sovereign Gold Bonds Scheme gives people a chance to buy gold at Rs 2,901 per gm as against Rs 2,945 closing price on Thursday.

Apr 28, 2017

Donald Trump tells Canada, Mexico that US will not exit NAFTA immediately

Trump's announcement came after the media reports that his administration was considering giving a formal notice to US' partners in NAFTA of pulling out of the deal.

Apr 27, 2017

Donald Trump proposes 'one of the biggest tax cuts in American history'

As he heads closer to 100 days of his presidency, Trump is now seeking to follow through on a flagship pledge he made during his presidential campaigns last year.

Apr 27, 2017

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7th Pay Commission: Ashok Lavasa panel on raising allowances for Central govt employees likely to submit report soon

The Ashok Lavasa committee was formed last June to examine 7th pay commission's proposals on raising allowances of Central govt staff and pensioners.

Apr 27, 2017

TCS, Infosys, Wipro go slow on hiring lane

Hiring by the top IT software services companies — TCS, Infosys and Wipro — continues to remain weak amid multiple headwinds.

Apr 26, 2017

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Economy News

7th Pay Commission: 55 lakh Central government pensioners to get higher pension with effect from January 2016

CBI arrests income tax commissioner over corruption charges; ED moves against CEO of Zoom Developers

Aggrieved home buyers yet to understand benefits of real estate regulator

Asian factories get off to solid start in second quarter

7th Pay Commission: Karnataka govt employees not to participate in May 4 strike

Bank employees to get lower DA for May, June, July 2017

'Made in India' smartphones make it big in March quarter shipments

India's forex reserves rise to $371 billion; Federal Bank Q4 net profit spurts 25 times

GST Council chairman and finance minister Arun Jaitley lays speculation to rest on tax rates

India to pip Germany as 4th largest economy by 2022: IMF

Sovereign Gold Bonds: Series I for 2017-18 closes this Akshaya Tritiya

Donald Trump tells Canada, Mexico that US will not exit NAFTA immediately

Donald Trump proposes 'one of the biggest tax cuts in American history'

7th Pay Commission: Ashok Lavasa panel on raising allowances for Central govt employees likely to submit report soon

TCS, Infosys, Wipro go slow on hiring lane

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