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india news, india external trade, india exports, india imports, gold imports by india, trade deficit, india external trade, note ban

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
global economic outlook march 2017, fitch ratings oulook, india gdp fy2018 outlook, indian economy, chinese economy

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
india pmi factory output gdp inflation retail rate repo growth high production goods workers

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
china news, china gas needs, chinese economy, china coal output

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
nepal investment summit, chinese investments in nepal, indian investments in nepal, india nepal trade, india nepal relations

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
us fed rate hike, janet yellen, us economy, us investors in india, fed interest rate

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
farm loan waiver karnataka, farm loan waiver modi, agricultural loans, bank loans to farmers, drought in karnataka, drought in tn, farm loans, sbi, pnb, bank of baroda

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
income tax, demonetisation, cash deposits in banks, rs 2.5 lakh, cbdt chief, black money, pm modi, india news

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
india manufacturing sector, global times

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
Rs 500 notes

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
demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

ICICI, HDFC, Axis banks to charge Rs 150 after four free cash transactions per month

The transaction charge of Rs 150 introduced by ICICI, HDFC and Axis Bank came into effect on March 1. Mar 2, 2017
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