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Economy News

Yao Zhenhua, China Insurance Regulatory Commission, Vanke real estate, fraud in china, corruption in china, corporate frauds in china

China bars 4th richest man for 10 years over financial irregularities

Yao Zhenhua was barely known in China before an insurer he controls started to accumulate shares last year in one of the most prominent property developers, Vanke. Feb 25, 2017
india wind power tariff, india wind energy, india solar energy, solar parks in india, re projects, piyush goyal, modi govt, india news

India: Wind power tariff falls to record low at first-ever, rate-based auction

Inox Wind, Mytrah Energy, Green Infra and Ostro Kutch Wind are the winners who bid for a record low of Rs 3.46 per unit. Feb 25, 2017
indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

FDI inflows into India up by 22% during April-December 2016

India received $35.84 billion FDI between April and December 2016 as against $29.44 billion in corresponding period last fiscal. Feb 24, 2017
hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Real estate spirals to record low in December quarter, as note ban bites: Knight Frank

The Real Estate Sentiment Index dropped below 50 and in the process, hit a three-year low during the December 2016 quarter marking it the worst quarter since the global financial crisis Feb 23, 2017
unemployment in india, unemployment rate in india, bse-cmie unemployment index, pm modi 2014 elections, modi govt job creations, jobs created under modi govt

Unemployment in India: Urban Indians suffer more than rural folks, reveals BSE-CMIE survey

Unemployment rates in India are crucial as Narendra Modi had promised new 1 million jobs every year while campaigning for the 2014 Lok Sabha elections. Feb 23, 2017
Tamil Nadu Legislative Assembly

7th Pay Commission: Tamil Nadu all set to announce salary hike for 18 lakh employees

June 30 is the deadline for the five-member panel to submit recommendations after studying the 7th Pay Commission proposals. Feb 23, 2017
aegean airlines, india greece air services, india greece aviation ties, india rwanda air services, rwand air, greek airlines, african airlines

India signs aviation agreements with Greece, Rwanda

The air service agreements with Greece and Rwanda are aimed at boosting trade, investment, tourism and cultural exchanges. Feb 22, 2017
Fake Rs 2000 note

Fake Rs2,000 notes with 'Churan Lable' issued by SBI ATM in Delhi; Children Bank of India strikes again!

After actress Megha Chakraborty warned against lower-denomination notes purportedly issued by the "Children Bank of India", some Rs2,000 notes by the same "bank" came out of an SBI ATM in South Delhi. Feb 22, 2017
operation clean money, income tax department, suspicious deposits, tax harassment, tax terrorism, arun jaitley, indian tax payers, tax to gdp ratio in india, pm modi

Operation Clean Money: Five lakh Indian tax payers under taxman's surveillance

'Operation Clean Money' was launched on January 31, 2017 to e-verify large cash deposits made between November 9 and December 30, 2016. Feb 22, 2017
shaktikanta das demonetisation arun jaitley raids income tax gold real estate arun jaitley modi criticism cash seized wealth undisclosed income bank officials suspended

No new Rs 1,000 notes, says Economic Affairs Secretary Shaktikanta Das; Is this another govt flip-flop after demonetisation?

The statement runs counter to Das' previous remarks on November 10, when he said new Rs 500 and Rs 1,000 notes would be introduced with special features and new designs in a few months. Feb 22, 2017
india external trade january 2017, india trade jan 2017, india imports jan 2017, india exports jan 2017, india gold imports, india trade balance

India is now among the top 10 trading partners of US

Provisional data for 2016 shows that India moved two ranks to become the 9th trading partner of the US. Feb 22, 2017
textile gdp growth hi nirmala lok sabha modi govt demonetisation india growth rate economy world's fastest bse nse sensex price goods iip factory output

7th Pay Commission could give an unintended bonanza to private sector employees

In its report, the 7th Central Pay Commission has proposed doubling the gratuity ceiling for Central government employees to Rs 20 lakh. Feb 22, 2017
Uddhav Thackeray

BMC elections 2017: 5 reasons why voter turnout in Mumbai was the highest in 25 years and a headache for BJP

The 55 percent turnout for the BMC elections — for which Maharashtra Chief Minister Devendra Fadnavis congratulated Mumbaikars — could well be a body blow for the BJP. Feb 22, 2017
qr code

Bharat QR code: Here are 5 reasons why this digital transaction method is a win-win

From BHIM app to Aadhaar Pay, the Indian government has been working to increase digital transactions in the country and reduce its dependence on cash. Feb 21, 2017
new rs 1000 note, new series of rs 1,000 note, rbi new currencies, demonetisation, note ban, rbi updates on note ban, pm modi

Reserve Bank of India to issue new series of Rs 1,000 notes soon: Report

A media report says printing of the new series of Rs 1,000 notes has already commenced, just four months after demonetisation. Feb 21, 2017
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PM Modi-Chinese President Xi's meeting reflects pragmatic approach from India, China
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Army's Heroic Rescue in Flood-Hit Northern India
Army's heroic rescue in flood-hit northern India; 5,000 civilians, 300 paramilitary personnel rescued
GST or Goods and Services tax
India's GST collections rise 6.5 pc in Aug to Rs 1.86 lakh crore
PM Modi to kick off SEMICON India 2025 in Delhi on Tuesday, 33 countries to participate
PM Modi to kick off SEMICON India 2025 in Delhi on Tuesday, 33 countries to participate
'Held me through sad days..' Ankita Lokhande pens note for late Priya Marathe after skipping her funeral; netizens say 'show off, fake'
'Held me through sad days..' Ankita Lokhande pens note for Priya Marathe; skips funeral [reactions]
Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points
Indian equity indices witness sharp rally on resilient Q1 GDP data, SCO outcomes
Patna on high alert ahead of conclusion of INDIA Bloc's 'Voter Adhikar Yatra' today
Patna on high alert ahead of conclusion of INDIA Bloc's 'Voter Adhikar Yatra'
Online Gaming Act: GameKraft refrains from challenging govt on real-money gaming ban
India enforces Online Gaming Act; boosts electronics manufacturing
India's growth to remain healthy in FY26 amid robust domestic consumption, govt spending
Morgan Stanley ups India's GDP growth forecast, expects cut in GST to spur demand
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