Economy News

China promises to improve laws, Govt services to boost private investment

China is counting on its private sector to invest more in the economy as the government tries to shift away from state-run heavy industry.

Jun 5, 2016

Union Minister for Science & Technology and Earth Sciences Harsh Vardhan

India will double its investment in clean energy research in five years: Harsh Vardhan

The investment will go up from $72 million to $145 million in the next half decade, the minister said at a meet in the U.S.

Jun 4, 2016

India in talks with Bangladesh over developing Payra sea port

Bangladesh reportedly cancelled an agreement with China regarding the Payra port, and instead, was ready to hand it over to India.

Jun 4, 2016

U.S. lawmakers probe Fed cyber breaches, cite 'serious concerns'

The House Committee on Science, Space and Technology sent a letter to Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information.

Jun 4, 2016

indian oil ioc petrol pump saudi aramco total bp

Saudi Aramco, Total, BP eye Indian fuel retail market

India's growing fuel consumption is making the country an attractive proposition for Saudi Aramco, Total and BP.

Jun 3, 2016

Here's what IATA said on global passenger demand, PLF, revenues for 2016

Passenger demand growth rate will be down to 6.2 percent, while cargo demand growth may be muted at 2.1 percent, y-o-y, said IATA.

Jun 3, 2016

OPEC fails to agree on capping output

Tensions between Saudi Arabia and Iran had blighted several previous OPEC meetings.

Jun 3, 2016

Sebi chief sells India story to Silicon Valley investors

Minority shareholders in India now have stronger rights than in the United States, Sebi chairman U.K. Sinha said.

Jun 3, 2016

Despite gloomy warnings for economy, UK voters seem to favour Brexit

A majority of British citizens favour Brexit despite a negative assessment of economic consequences by OECD and others.

Jun 2, 2016

raghuram rajan second term india inc jaitley modi sub swamy controversy

CII supports second term for RBI Governor Raghuram Rajan

Naushad Forbes, president of the CII, said that Rajan's re-appointment will be seen as "positive" by industry.

Jun 2, 2016

India seeking $56 billion investments in electronics sector by 2020

Due to increasing demand for hi-tech products, India needs to increase output in the electronic sector by $300 billion in the next four years.

Jun 2, 2016

Japanese investors looking 'very seriously' at India, says Arun Jaitley

FM Arun Jaitley said that reforms, like the passage of the GST Bill, will turn India into a 'more developed' economy.

Jun 2, 2016

rice paddy msp modi government kharif season crops food inflation

Modi government hikes minimum support prices for rice; analysts say food inflation could go up

The decision to raise MSP for rice and other crops for this fiscal's kharif crop season has also been welcomed for its "prudent" nature.

Jun 2, 2016

westinghouse toshiba nuclear plants in india indo us nuclear deal narendra modi us visit

India in 'advanced discussions' with Westinghouse Electric to set up 6 nuclear plants

Arun Singh, India's envoy to the U.S., told reporters that the country and Westinghouse Electric are in "advanced discussions" for the project.

Jun 2, 2016

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Kolkata-based Anandabazar Patrika reported that Rajan has requested the prime minister to relieve him of his duties after his tenure ends in early September.

Jun 1, 2016

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Economy News

China promises to improve laws, Govt services to boost private investment

India will double its investment in clean energy research in five years: Harsh Vardhan

India in talks with Bangladesh over developing Payra sea port

U.S. lawmakers probe Fed cyber breaches, cite 'serious concerns'

Saudi Aramco, Total, BP eye Indian fuel retail market

Here's what IATA said on global passenger demand, PLF, revenues for 2016

OPEC fails to agree on capping output

Sebi chief sells India story to Silicon Valley investors

Despite gloomy warnings for economy, UK voters seem to favour Brexit

CII supports second term for RBI Governor Raghuram Rajan

India seeking $56 billion investments in electronics sector by 2020

Japanese investors looking 'very seriously' at India, says Arun Jaitley

Modi government hikes minimum support prices for rice; analysts say food inflation could go up

India in 'advanced discussions' with Westinghouse Electric to set up 6 nuclear plants

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Bronze for us is as good as gold: Indian goalkeeper Sreejesh's mother

Prashant Kishor resigns as Punjab CM's Principal Advisor; takes break from public life [details]

India reports 42K fresh Covid cases; ICMR sends out concern over festival gatherings

Covid-19 cases surpass 200mn-mark across the globe; Sri Lanka reports highest single-day deaths

Bengaluru to conduct sero survey of all age groups