Economy News

Airport commissions second solar power plant.

Adani Green Energy raises $750 mn; to ramp up focus on ESG

Adani Green Energy Ltd (AGEL), Indias largest renewable energy company, has priced its maiden ListCo senior issuance of USD 750m through a 3 year issuance under the 144A/Reg S format, at a fixed coupon of 4.375%.

Sep 3, 2021

India's ICI Index up at 9.4% in July; Production growth expected to gain momentum in 2021

The Index of Eight Core Industries (ICI) readings for the month of July showed an expansion of 9.4 per cent from a decline of 7.6 per cent in July last year

Sep 1, 2021

Privatisation Move: Under-utilised assets to be monetised under NMP, says Nirmala Sitharaman

The assets in sectors such as roads, railways, airports, mines, and power where investments have already been made but under-utilised will be monetised under NMP

Aug 23, 2021

Sitharaman's statement on servicing oil bonds 'astonishing': Congress

A day after Finance Minister Nirmala Sitharaman ruled out any cut in excise duty on fuel, as of now, since the previous UPA government had reduced fuel prices by issuing oil bonds of Rs 1.44 lakh crore, senior Congress leader and former Finance Minister P. Chidambaram hit out, terming her statement "astonishing" and "incredible ignorance".

Aug 18, 2021

Taliban takeover worries dry fruit traders in India, to impact bilateral trade

Afghan exports to India include dried raisins, walnut, almond, fig, pine nut, pistachios, dried apricot, and fresh fruits such as apricot, cherry, watermelon, and medicinal herbs, which will be heavily impacted after the takeover of Taliban

Aug 18, 2021

Australia is increasingly becoming a strategic partner, it is time for economic relations to keep pace

Why Australia and India are natural partners; now more than ever [explained]

Given the present geopolitical scenario, India and Australia are fast emerging to be natural partners. Meanwhile, an important event that got only a limited attention in the media was the last visit of former Australian Prime Minister Tony Abbott to India. In this piece, we explore how.

Aug 17, 2021

Banks face Rs.10K fine if their ATMs fail to dispense cash for more than 10 hrs

In huge relief for the common man, the Reserve Bank of India (RBI) has decided to charge penalties on banks for non-availability of cash in ATMs.

Aug 11, 2021

For a change, Oppn to support amendment to OBC Bill in Lok Sabha, here's why

The opposition parties on Monday decided to support the Constitution Amendment to the OBC Bill, which is scheduled to be introduced in the Lok Sabha.

Aug 9, 2021

The RBI leaves key interest rates unchanged at 4%; Maintains protective shield for recovery

The Reserve Bank of India kept its key short-term lending rates unchanged to protect the fledgling economic recovery. The central bank's Monetary Policy Committee (MPC) unanimously opted to keep the repo rate, or short-term lending rate, for commercial banks at 4%

Aug 6, 2021

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Economy News

Adani Green Energy raises $750 mn; to ramp up focus on ESG

India's ICI Index up at 9.4% in July; Production growth expected to gain momentum in 2021

Privatisation Move: Under-utilised assets to be monetised under NMP, says Nirmala Sitharaman

Sitharaman's statement on servicing oil bonds 'astonishing': Congress

Taliban takeover worries dry fruit traders in India, to impact bilateral trade

Why Australia and India are natural partners; now more than ever [explained]

Banks face Rs.10K fine if their ATMs fail to dispense cash for more than 10 hrs

For a change, Oppn to support amendment to OBC Bill in Lok Sabha, here's why

The RBI leaves key interest rates unchanged at 4%; Maintains protective shield for recovery

After reaching a new high, the Sensex sheds gains

Sensex jumps 400 points and crosses 54K for the first time

Markets: FPIs continue to exit in July, net withdrawal at Rs 11,308 crore

India's 8 core industries' June production up 8.9%

UK court declares Vijay Mallya as "bankrupt"; clears way for SBI-led banks to freeze his assets

China trying to paint dark outlook for Indian economy

"She looks uncomfortable": Did love birds Arjun Kapoor-Malaika Arora ignore each other at sports event? [reactions]

Factionalism in J&K BJP: Show cause notices served to eight more rebels of Kashmir unit [details]

'Did he undergo nose surgery?': After Anushka, Virat Kohli trolled for going under the knife [then and now photos]

Kannada Actor Nagabhushana Hits Couple In Car; Wife Killed, Husband critical, FIR lodged [details]

"Are you drunk?": Mika Singh teases Jacqueline with Jean-Claude, says 'He is much better than Sukesh'; gets trolled