Economy News

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India signs 7 unilateral advance pricing agreements covering various sectors

The sectors include telecom, pharmaceutical, banking and finance, steel, retail and information technology.

Feb 28, 2017

india news, india fiscal deficit, modi govt, pm modi, modinomics

India's April-January fiscal deficit at 105.7% of FY2017 target

The government had set a target of restricting the current fiscal's deficit to 3.5 percent of the GDP.

Feb 28, 2017

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PM Modi's note ban pulls down India's GDP growth rate to 7% in December quarter

The Government of India released second advance estimates for GDP growth for December quarter (Q3) and FY2017 on February 28.

Feb 28, 2017

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Goods and Services Tax (GST): 5 things you need to know about the new tax system

Goods and Services Tax (GST) will be implemented from July 1, the Economic Affairs Secretary has confirmed. The final consumer will now bear only the GST charged by the last dealer in the supply chain.

Feb 28, 2017

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GST to be rolled out on July 1: Economic Affairs Secretary Shaktikanta Das

"GST should be implemented by July 1. All states have agreed on the date," Economic Affairs Secretary Shaktikanta Das told reporters in Delhi.

Feb 28, 2017

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Here's why a public bank strike in the era of digital banking and ATMs won't be effective

Apart from new-age banking limiting the impact of bank strike by 10 lakh employees, the top three private sector bank employees are not participating.

Feb 28, 2017

Public sector banks, including SBI and PNB, to go on strike today: All you need to know about the bank unions' strike

Most banks, including the State Bank of India, Punjab National Bank and Bank of Baroda, have informed customers that operations at their bank branches and offices would be hit due to the strike.

Feb 28, 2017

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HSBC under investigation for aiding tax evasion in India, elsewhere

The disclosure was made by HSBC in its annual report released recently.

Feb 27, 2017

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Bangladesh: Face-off between global fashion brands and govt ends

H&M, Inditex, C&A, Next and Tchibo were at loggerheads with the Bangladesh government over crackdown on labour leader and workers.

Feb 27, 2017

Oscars 2017: Lion nomination leads to increased interest from foreign tourists; 70% rise in hotel bookings in Kolkata

Several portions of Lion, based on the real-life story of Saroo Brierly, have been shot on locations in Kolkata, and have piqued the interest of tourists.

Feb 27, 2017

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Mumbai is India's richest city with 28 billionaires

The total wealth of Mumbai's billionaires and millionaires is $820 billion, according to a report.

Feb 27, 2017

LSE merger with Deutsche Boerse hits European Commission roadblock

The LSE said in a statement that the EC had asked it to sell its 60 percent stake in fixed-income trading platform MTS to satisfy antitrust concerns.

Feb 27, 2017

MWC 2017, Samsung, Galaxy Tab S3, Galaxy Book, launch, specs, all you need to know

MWC 2017: Samsung unveils new Galaxy Tab S3, Galaxy Book

Samsung's new Galaxy Tab S3 series and Galaxy Book support the new HDR video standard and the new Samsung Flow feature.

Feb 27, 2017

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

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Economy News

India signs 7 unilateral advance pricing agreements covering various sectors

India's April-January fiscal deficit at 105.7% of FY2017 target

PM Modi's note ban pulls down India's GDP growth rate to 7% in December quarter

Goods and Services Tax (GST): 5 things you need to know about the new tax system

GST to be rolled out on July 1: Economic Affairs Secretary Shaktikanta Das

Here's why a public bank strike in the era of digital banking and ATMs won't be effective

Public sector banks, including SBI and PNB, to go on strike today: All you need to know about the bank unions' strike

HSBC under investigation for aiding tax evasion in India, elsewhere

Bangladesh: Face-off between global fashion brands and govt ends

Oscars 2017: Lion nomination leads to increased interest from foreign tourists; 70% rise in hotel bookings in Kolkata

Mumbai is India's richest city with 28 billionaires

LSE merger with Deutsche Boerse hits European Commission roadblock

MWC 2017: Samsung unveils new Galaxy Tab S3, Galaxy Book

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

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

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