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Economy News

Civil Aviation

Aviation ministry proposes simple entry-exit rules for airlines operating on regional routes

The civil aviation ministry's decision aims at bringing about maximum participation from domestic carriers. Jun 22, 2016
arvind subramanian subramanian swamy rbi governor rajan cea modi govt arun jaitley

Now, Arvind Subramanian faces BJP leader Subramanian Swamy's attacks

After targeting RBI governor Raghuram Rajan, BJP leader Subramanian Swamy is now training his guns at Arvind Subramanian. Jun 22, 2016
Nikesh Arora

SoftBank investors shrug off abrupt exit of heir apparent Arora

Nikesh Arora, a former Google executive, joined Softbank in 2014. Jun 22, 2016
brexit world bank economy global growth fears britain

Brexit: George Soros warns of 'Black Friday', says leaving EU will make Brits poorer

The billionaire investor is of the view that Brexit would lead to job loss, currency devaluation and hit financial markets. Jun 21, 2016
Mumbai skyline at night

Find out where cricketers, bollywood stars and business tycoons are investing

Property rates in Worli, Mumbai, are skyrocketing and can cost up to Rs. 42,000 per sq.ft. Jun 21, 2016
IB Times

Income tax department plans to impose series of measures on defaulters: Report

Those who evade income tax would be denied PAN card, LPG subsidy and loans. Jun 21, 2016
Bullet train project

Mumbai-Ahmedabad bullet train project clears major roadblock

The proposed Rs. 98,000 crore project had hit a roadblock after the Maharashtra government refused to allot BKC land to the railways. Jun 21, 2016

Gold edges up on softer dollar; Brexit concerns ease further

A vote on June 23 by Britain to leave the 28-member EU, dubbed "Brexit," could tip Europe back into recession. Jun 21, 2016
retail ease of doing business gdri marks and spencer

India Inc cautious about profit levels, investment prospects: FICCI survey

India's overall business confidence index, however, increased with regard to the outlook on sales, exports and employment. Jun 20, 2016
India GDP agriculture gdp estimate rural demand

Monsoon rains cover half of India; to accelerate sowing

The June to September monsoon is crucial for farm output and economic growth. Jun 20, 2016
small savings mof post office ppf nsc kvp banks recurring deposit scheme senior citizens

Small savings interest rates: Why govt decided to spare PPF, senior citizen scheme, recurring deposits this quarter

Small savings include public provident fund, NSCs, Kisan Vikas Patra and other deposit schemes sold through post offices. Jun 20, 2016
jet airways civil aviation domestic air traffic dgca

Domestic air traffiic: Passenger complaints skyrocket in 2 months

Passengers complaints shot up to 96,361 in May from 46,833 in April, DGCA data shows. Jun 20, 2016
Indian Army

Govt allows 100% FDI in defence, aviation sectors

The new measures are expected to bring higher FDI inflows and contribute to the growth of investment, income and employment. Jun 20, 2016
Aviation Air India IndiGo Jet

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in May

Read here to know the market share of Indigo, Air India, SpiceJet, Go Air, AirAsia India, Jet Airways, Vistara in May. Jun 20, 2016
Oil platform

Oil extends gains as Brexit fears ease

London Brent crude for August delivery was up 34 cents at $49.51 a barrel by 0235 GMT. Jun 20, 2016
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