Economy News

Global IT spending to grow at muted 2.7% in 2017 due to political headwinds

However, emerging markets will drive a rebound in spending on devices like PCs and smartphones in 2018, research firm Gartner said in a report.

Jan 13, 2017

corruption in india, cpi, 22nd edition of cpi, transparency international, pm modi, black money in india

Corruption Perception Index for 2016 to be released on January 25; India's ranking will be keenly watched

Berlin-based Transparency International's Corruption Perception Index (CPI) ranks countries on the basis of surveys and assessments.

Jan 12, 2017

cigarette smoking, tobacco smoking cancer, cigarette related diseases, WHO on cancer, WHO on cigarettes

Cigarette smoking costs $1 trillion annually says WHO; India has second-largest number of smokers

The combined costs of healthcare expenditure and lost productivity is about $1 trillion every year, says World Health Organisation (WHO).

Jan 12, 2017

urjit patel, rbi governor, vibrant gujarat 2017, pm modi, budget 2017, fm arun jaitley

RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017

At the International Financial Services Centre (IFSC), RBI chief Urjit Patel speaks about government debt, inflation and interest subvention.

Jan 12, 2017

retail inflation, consumer inflation december, india, rbi inflation target, iip november, dbs bank

India's consumer inflation for December estimated at 3.6%: DBS Bank

For November, retail (consumer) inflation fell to a two-year low of 3.63 percent, largely due to demonetisation-induced slowdown.

Jan 11, 2017

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Foreign tourist footfall on e-tourist visa rises 56% in December

The United Kingdom continues to occupy the top slot, followed by USA and Russia among all the countries availing e-tourist visa facility, Ministry of Tourism said.

Jan 11, 2017

World Bank cuts India's growth forecast to 7%, after demonetisation

Despite the deceleration, India is predicted to retain its position as the world's fastest growing economy ahead of China.

Jan 11, 2017

budget 2017, demonetisation, remonetisation, pm modi, announcement, rbi

PM Modi at Vibrant Gujarat 2017: India on the threshold of becoming world's most digitised economy

Addressing the inauguration ceremony of Vibrant Gujarat Global Summit, the PM said that the government is working to adopt and absorb newer technologies.

Jan 10, 2017

budget 2017, consumption growth, redistribution of wealth, pm modi, fm arun jaitley, mosl, taxes

Budget 2017: PM Modi playing Robin Hood would be unsustainable for India

A cash-rich Modi government after demonetisation would be tempted to spur consumption growth by redistributing wealth using Budget 2017.

Jan 10, 2017

India International Exchange, GIFT city, Gandhinagar

India's first International Exchange to go live on January 16

Touted as Prime Minister Narendra Modi's pet project, the International Exchange has been set up at Gujarat International Finance-Tec city based in Gandhinagar.

Jan 10, 2017

demonetisation, remonetisation, rbi update, digital india, cashless economy, modi, niti aayog, bibek debroy

Demonetisation: Black money is now with banks and it's huge

There are conflicting reports on how much gains accrue to the Modi government over demonetisation; one estimate puts it at Rs 3 to 4 lakh crore,

Jan 10, 2017

7th pay commission, 5th pay commission, meghalaya pay panel, meghalaya employees, north eastern states

5th Pay Commission: Salary hike for Meghalaya Govt employees gets delayed

Meghalaya government employees are seeking salary and allowances at par with those proposed by the 7th pay commission.

Jan 10, 2017

vibrant gujarat 2017, pm modi, inauguration, investor summit in gujarat, partner countries at vibrant gujarat 2017

Vibrant Gujarat 2017: Three-day global investor summit begins from January 10

The eight edition of the investors' summit — Vibrant Gujarat 2017 — aims to garner huge investments; PM Modi will hold talks with top 50 CEOs.

Jan 10, 2017

fm arun jaitley, india, taxpayers, tax to gdp ratio, budget 2017, tax evaders in india, budget 2017, modi govt

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Tax compliance leaves a lot to be desired, says finance minister Arun Jaitley days before the presentation of Budget 2017.

Jan 9, 2017

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

FlightStats has tagged KLM Airlines as the best airline for its on-time performance.

Jan 9, 2017

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Economy News

Global IT spending to grow at muted 2.7% in 2017 due to political headwinds

Corruption Perception Index for 2016 to be released on January 25; India's ranking will be keenly watched

Cigarette smoking costs $1 trillion annually says WHO; India has second-largest number of smokers

RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017

India's consumer inflation for December estimated at 3.6%: DBS Bank

Foreign tourist footfall on e-tourist visa rises 56% in December

World Bank cuts India's growth forecast to 7%, after demonetisation

PM Modi at Vibrant Gujarat 2017: India on the threshold of becoming world's most digitised economy

Budget 2017: PM Modi playing Robin Hood would be unsustainable for India

India's first International Exchange to go live on January 16

Demonetisation: Black money is now with banks and it's huge

5th Pay Commission: Salary hike for Meghalaya Govt employees gets delayed

Vibrant Gujarat 2017: Three-day global investor summit begins from January 10

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

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