Economy News

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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

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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

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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

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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

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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

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

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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 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

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Economy News

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

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

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

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

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

India signs aviation agreements with Greece, Rwanda

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

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

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