Economy News

Arvind Panagariya quits as NITI Aayog vice-chairman

Arvind Panagariya wants to return to Columbia University as he has exhausted his leave of absence. The PM has accepted the resignation and his last day in office will be August 31.

Aug 1, 2017

India pharma sector, pharmaceutical companies, pharma, pharma companies

Rs 8,450 crore deal: Has Modi govt blocked China's biggest acquisition in India?

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has reportedly decided to block a Chinese firm's deal with Hyderabad-based Gland Pharma.

Aug 1, 2017

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

If all banks reduce interest rate on savings deposits, public sector lenders stand to gain more than others.

Aug 1, 2017

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Why Indians will pay more for buying petrol and diesel starting August 1

The All India Petroleum Dealers Association has been considering hiking petrol price by Rs 1 per litre and Rs 0.72 per litre for diesel.

Aug 1, 2017

Boeing bullish on Indian Govt's regional connectivity scheme

Calling it the "highest forecast" for the country, Boeing said that India will have a 5.1 percent share of the total global demand for aircraft, which it estimates to be about 41,030.

Aug 1, 2017

azure power, solar power projects in india, india energy, india solar power, modi govt solar projects

Sikkim standoff: Boycotting Chinese goods will backfire on India, Chinese media claims

A Chinese daily has said that plans by India to boycott Chinese goods could end up backfiring on the country. Read to know how right or wrong they are.

Aug 1, 2017

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

Jul 31, 2017

President Pranab Mukherjee and Prime Minister Narendra Modi

GST is a historic achievement: PM Narendra Modi

Over 12 lakh businesses have applied for fresh registration under the GST, revenue Secretary Hasmukh Adhia said.

Jul 30, 2017

No plan to shift to Jan-Dec financial year from 2018: Minister

Though discussions on shifting the financial year to January-December instead of April-March are still on within the government, the change will not happen next year, Minister of State for Finance has said.

Jul 30, 2017

IL&FS bags Rs 4,899-crore Zojila tunnel project in rebidding

IL&FS earlier constructed the 10.89-km Chenani-Nashri tunnel on the Jammu-Srinagar Highway, inaugurated by Prime Minister Narendra Modi in April this year.

Jul 29, 2017

ONGC gets govt go-ahead to buy 80% in GSPC for Rs 7,738 cr

Debt-ridden GSPC has made nine gas discoveries in the Bay of Bengal block, of which three have been approved for development.

Jul 28, 2017

indian farmer, farm loan waiver, up govt waives farm loans, bjp kisan morcha, congress govt, bank loans, rbi governor urjit patel

Agri Distress: 55% crop insurance claims pending

In Telangana, Rs 311 crore was collected as premium and against Rs 174 crore of estimated claims, farmers did not receive any payouts.

Jul 28, 2017

Amazon CEO Jeff Bezos, amazon share price, amazon acquires souq

Who is Jeff Bezos? 7 things to know about the World's Richest Man with net worth of $105.1 billion

From making a cameo appearance in Star Trek to working in McDonald's, here are a few lesser-known facts about Amazon founder Jeff Bezos.

Jul 28, 2017

Jeff Bezos loses world's richest person title in less than a day; Bill Gates regains top spot

A surge in Amazon.com shares on Thursday in advance of the online retailer's earnings report had briefly propelled CEO Jeff Bezos past Bill Gates as the world's richest person.

Jul 28, 2017

Going bust: Steeling up for insolvency, and the intriguing case of Electrosteel

When management promises turn out to be sheer mirage, there arise glaring examples of the high quantum of mismanagement which banks and taxpayers face.

Jul 27, 2017

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Economy News

Arvind Panagariya quits as NITI Aayog vice-chairman

Rs 8,450 crore deal: Has Modi govt blocked China's biggest acquisition in India?

Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

Why Indians will pay more for buying petrol and diesel starting August 1

Boeing bullish on Indian Govt's regional connectivity scheme

Sikkim standoff: Boycotting Chinese goods will backfire on India, Chinese media claims

Above the table: GST gets it right on the money

GST is a historic achievement: PM Narendra Modi

No plan to shift to Jan-Dec financial year from 2018: Minister

IL&FS bags Rs 4,899-crore Zojila tunnel project in rebidding

ONGC gets govt go-ahead to buy 80% in GSPC for Rs 7,738 cr

Agri Distress: 55% crop insurance claims pending

Who is Jeff Bezos? 7 things to know about the World's Richest Man with net worth of $105.1 billion

Jeff Bezos loses world's richest person title in less than a day; Bill Gates regains top spot

Going bust: Steeling up for insolvency, and the intriguing case of Electrosteel

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