Economy News

china news, china gas needs, chinese economy, china coal output

China faces uphill task in gas vs coal trade-off

The projected extra needs would inflate China's gas demand by a quarter, according to consultancy Wood Mackenzie.

Mar 6, 2017

nepal investment summit, chinese investments in nepal, indian investments in nepal, india nepal trade, india nepal relations

Nepal Investment Summit secures $13.51 billion in investment commitment

China commits $8.3 billion at the Nepal Investment Summit that also five other countries making promises to invest in the country.

Mar 4, 2017

us fed rate hike, janet yellen, us economy, us investors in india, fed interest rate

US Fed chair signals March interest rate hike

The US Federal Reserve is scheduled to hold its next monetary policy meeting on March 14 and 15.

Mar 4, 2017

farm loan waiver karnataka, farm loan waiver modi, agricultural loans, bank loans to farmers, drought in karnataka, drought in tn, farm loans, sbi, pnb, bank of baroda

Farm loan waiver: Karnataka wants Centre to write off Rs 21,164 crore, PM Modi promises to waive agriculture debt in UP

Karnataka CM Siddaramaiah wants PM Modi to waive 50 percent of bank loans to farmers, opening the floodgates for Tamil Nadu and other states.

Mar 3, 2017

income tax, demonetisation, cash deposits in banks, rs 2.5 lakh, cbdt chief, black money, pm modi, india news

India services sector rebounds for first time in 4 months, reveals PMI data for February

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 50.3 in February from 48.7 in January.

Mar 3, 2017

india manufacturing sector, global times

China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

While pointing out the flaws in the Indian manufacturing sector, the editorial in Global Times also commended India for growing.

Mar 3, 2017

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

The recovered amount is much lesser than what would ensure putting Rs 15 lakh in the account of each Indian — something that Narendra Modi had promised in the run-up to the 2014 LS polls.

Mar 3, 2017

cash transactions, limits on cash transactions at ATMs, hdfc bank cash transactions, sit reco on black money, cash holding limit, modi govt, arun jaitley

Modi govt could place limit on cash holdings by Indians

The SIT had made two recommendations on the subject, a cap on cash transactions and on cash holdings, of which one has already been accepted.

Mar 2, 2017

television viewership in india, tv viewership in india, barc india suvey, bi survey, tv serials in india, tv ads in india

Television viewership rises 18% in India: Survey

A survey by the television audience measurement agency between November 2015 and February 2016 shows interesting results.

Mar 2, 2017

india, gdp, growth rate, q3 gdp data, india vs china, world's fastest growing economy

India's Q3 GDP data raises doubts among economists

"The message from the GDP numbers doesn't tally with what we see on the ground," Nomura economist Sonal Varma said.

Mar 2, 2017

demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

ICICI, HDFC, Axis banks to charge Rs 150 after four free cash transactions per month

The transaction charge of Rs 150 introduced by ICICI, HDFC and Axis Bank came into effect on March 1.

Mar 2, 2017

Theresa May tells MPs not to obstruct the will of the people in Article 50 Brexit vote

Vijay Mallya extradition imminent? UK PM Theresa May meets Arun Jaitley

As Arun Jaitley was having a meeting with his British counterpart, PM May dropped in and the issue of "certain individuals who have overstayed" in UK was discussed.

Mar 1, 2017

airbus a320neo, probe into a320 neo engines, Pratt and Whitney engines, indian civil aviation, india aviation regulator dgca, airasia, indigo, air india

India's aviation regulator initiates probe into P&W engines on Airbus A320 NEOs

At least two incidents involving A320 NEO planes fitted with the engines flown by IndiGo and GoAir are under investigation.

Mar 1, 2017

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

India signs 7 unilateral advance pricing agreements covering various sectors

The sectors include telecom, pharmaceutical, banking and finance, steel, retail and information technology.

Feb 28, 2017

india news, india fiscal deficit, modi govt, pm modi, modinomics

India's April-January fiscal deficit at 105.7% of FY2017 target

The government had set a target of restricting the current fiscal's deficit to 3.5 percent of the GDP.

Feb 28, 2017

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Economy News

China faces uphill task in gas vs coal trade-off

Nepal Investment Summit secures $13.51 billion in investment commitment

US Fed chair signals March interest rate hike

Farm loan waiver: Karnataka wants Centre to write off Rs 21,164 crore, PM Modi promises to waive agriculture debt in UP

India services sector rebounds for first time in 4 months, reveals PMI data for February

China should pay more attention to India's growth in manufacturing sector, says Beijing-based Global Times

Supreme Court-appointed SIT says Rs 70,000 crore black money unearthed; but is Rs 559 per Indian enough?

Modi govt could place limit on cash holdings by Indians

Television viewership rises 18% in India: Survey

India's Q3 GDP data raises doubts among economists

ICICI, HDFC, Axis banks to charge Rs 150 after four free cash transactions per month

Vijay Mallya extradition imminent? UK PM Theresa May meets Arun Jaitley

India's aviation regulator initiates probe into P&W engines on Airbus A320 NEOs

India signs 7 unilateral advance pricing agreements covering various sectors

India's April-January fiscal deficit at 105.7% of FY2017 target

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