Economy News

India GDP economic growth projection forecast 2016 2017

UN retains India's economic growth projections for 2016, 2017

India is expected to grow at 7.3 percent and 7.5 percent post in 2016 and 2017, says UN in its latest report.

May 12, 2016

foreign tourists FTAs e tourist visa FEE india incredible india

Tourist arrivals into India on e-tourist visa rose exponentially in April

In April 2016, 70,000 tourists visited India on e-tourist visa, up from 19,000 in April 2015.

May 12, 2016

gold jewellery gold prices gold purchases akshay tritiya WGC world gold council

India's gold demand falls sharply in March quarter, says World Gold Council

Overall gold demand plunged 39 percent while the jewellery segment demand fell to a seven-year low, according to a WGC report.

May 12, 2016

Global corruption costs trillions in bribes, lost growth: IMF

IMF said that tackling corruption is critical for the achievement of macro-economic stability.

May 12, 2016

Britain's exit from EU could create opportunities for India: Report

For India, negotiating with Britain will become easier as it would not have to abide by the free trade agreement.

May 12, 2016

China eyes $724 billion of transport investment over next 3 years

The investment splurge underlines China's reliance on high-levels of public sector spending.

May 12, 2016

Rakesh Jhunjhunwala Rare Enterprises DTAA Mauritius

Rakesh Jhunjhunwala resents 'son-in-law' treatment to FIIs: Report

Rakesh Jhunjhunwala, partner of Rare Enterprises, dismisses fears of FIIs pulling out of Indian markets due to the DTAA with Mauritius.

May 11, 2016

Drought to dent Indian economy by $100 billion: Assocham

Around 33 crore people across 256 districts across the country are currently facing water shortage.

May 11, 2016

Ministry of Finance building in New Delhi

India to tax Mauritius investments for first time since 1983

The tax will apply to investments made from April 1, 2017, and will be imposed at 50 percent of the domestic rate.

May 11, 2016

Banks uncertain about further negotiations with Mallya

Bankers want Mallya to disclose his assets under oath since they are unsure about the reliability of the offer made, the Economic Times reported.

May 11, 2016

"We should kick out the RBI governor:" BJP's Subramanian Swamy on Raghuram Rajan

BJP Rajya Sabha MP Subramanian Swamy slammed RBI Governor Raghuram Rajan for his interest rate (repo rate) policy.

May 10, 2016

Indirect tax evasion, undisclosed income worth Rs. 71,000 crore detected

The Indian government attributed the detection of tax evasion and undisclosed income to "enhanced enforcement measures."

May 10, 2016

7th Pay Commission: Government employees may get higher salary than proposed by panel: Report

Central government employees could get a minimum monthly salary of Rs. 24,000 as against Rs.18,000 proposed by the 7th Pay Commission.

May 10, 2016

Saudi Aramco plans global expansion amid falling crude oil prices

The move is aimed at meeting global oil demand, notwithstanding challenging market conditions, state-run Saudi Aramco said.

May 10, 2016

Education sector in India offers huge business opportunities, says rating agency Ind-Ra

The share of private schools in India increased between 2009 and 2015, says Ind-Ra in a report.

May 10, 2016

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Economy News

UN retains India's economic growth projections for 2016, 2017

Tourist arrivals into India on e-tourist visa rose exponentially in April

India's gold demand falls sharply in March quarter, says World Gold Council

Global corruption costs trillions in bribes, lost growth: IMF

Britain's exit from EU could create opportunities for India: Report

China eyes $724 billion of transport investment over next 3 years

Rakesh Jhunjhunwala resents 'son-in-law' treatment to FIIs: Report

Drought to dent Indian economy by $100 billion: Assocham

India to tax Mauritius investments for first time since 1983

Banks uncertain about further negotiations with Mallya

"We should kick out the RBI governor:" BJP's Subramanian Swamy on Raghuram Rajan

Indirect tax evasion, undisclosed income worth Rs. 71,000 crore detected

7th Pay Commission: Government employees may get higher salary than proposed by panel: Report

Saudi Aramco plans global expansion amid falling crude oil prices

Education sector in India offers huge business opportunities, says rating agency Ind-Ra

Arshad Warsi reminds netizens, 'A year ago this was our last normal week'

Dream of Sonar Bangla will be fulfilled: PM Modi at BJP's mega rally in Kolkata

Ranvir Shorey reveals taste and smell remain lost even after testing Covid negative

Kangana Ranaut: Was told I am too good an actor to be a Bollywood leading lady

Delnaaz Irani: Never said I want to be an A-list actress or Yash Raj heroine