Economy News

Demonetisation: RBI increases weekly cash withdrawal limit for savings bank account to Rs 50,000 from today

The RBI had imposed several limits on cash withdrawals from banks and ATMs following PM Modi's decision to demonetise old notes of Rs 500 and Rs 1,000 on November 8, 2016.

Feb 20, 2017

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German finance minister denies 'Grexit' threat

German Finance Minister Wolfgang Schaeuble said Greece would not have problems if it implemented agreed reforms, but would if it fails to carry these out.

Feb 20, 2017

GST Draft Compensation Bill in next Parliament session: Will it lead to more ruckus by the Opposition?

The Congress and the BJP will look to claim credit for the Bill, and debate on it could well lead to the stalling of Parliament.

Feb 18, 2017

tourism, fta in india, foreign tourists in india, tourism statistics, incredible india, modi govt, pm modi

Modi govt skips crucial data on foreign tourism

Details of foreign tourist arrivals (FTAs) and foreign exchange earnings (FEEs) are published monthly; this time a key information is missing.

Feb 18, 2017

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Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, GoAir, Air India fared in January 2017

IndiGo, Air India, Jet Airways and SpiceJet flew almost 10 million passengers in January 2017; India is the fastest-growing civil aviation market globally.

Feb 18, 2017

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Rajiv Bajaj slams note ban, RBI chief Urjit Patel lists benefits

Rajiv Bajaj, MD of Bajaj Auto and RBI governor Urjit Patel spoke in contrasting voices on note ban.

Feb 17, 2017

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7th Pay Commission: Allowances could be hiked effective from April, higher HRA possible

A decision on raising the allowances of Central government employees as recommended by the 7th Central Pay Commission is overdue.

Feb 17, 2017

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VC-backed funding to Indian fintech companies fell sharply in 2016: CB Insights

Indian fintech companies saw VC-backed funds investing $388 million in 2016 as against $1,580 million in 2015; global funding for fintech companies also dropped.

Feb 17, 2017

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Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

India's IT services lobbying body Nasscom has cited global uncertainty and Trump policies to defer projections for FY 2018.

Feb 16, 2017

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India's trade deficit rises in January 2017 due to higher imports, lower exports

January 2017 external trade update shows exports up 4.3% and imports increasing 10.7%, leading to trade deficit widening, YoY.

Feb 15, 2017

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GroupM forecasts lower growth rate for TV ads in 2017

In its 'This Year Next Year' report for 2017, GroupM says TV ads would grow at 8 per cent in 2017.

Feb 15, 2017

New chapter in Indo-US ties on cards? 27 US Congressmen coming to India in February

Two delegations — one with 19 Congressmen and another with eight, from both the Democratic and Republican parties — will visit India later this month.

Feb 15, 2017

mutual fund jan 2017 report, mutual funds trends, mf investments, personal finance, elss, equity funds, debt funds, income funds, tax planning via mf

Mutual fund managers went on a selling spree in IT, pharma stocks in January 2017; 2 companies do not figure in the list

Some of the stocks MF managers sold include TCS, HCL Technologies, Cyient, Mindtree, Tec Mahindra, Torrent, Sanofi and Dr Lal Pathlabs.

Feb 15, 2017

sasikala, sasikala convicted, tamil nadu politics, crisis in tamil nadu, tn gdp, tamil nadu economy, hyundai chennai, ford chennai, ashok leyland, royal enfield chennai

After Sasikala's guilty verdict, Tamil Nadu now needs to focus on its economy

Tamil Nadu is home to many global auto companies such as Hyundai, Ford and Renault, besides domestic players Ashok Leyland, TVS and Royal Enfield.

Feb 14, 2017

fake notes, rs 2000 notes, fake indian currency

Fake Rs. 2000, Rs 500 notes could be in the market soon

Smugglers pay around Rs 400 to Rs 600 in genuine currency for each Rs 2,000 note, depending on the quality, Rahman had confessed.

Feb 13, 2017

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Economy News

Demonetisation: RBI increases weekly cash withdrawal limit for savings bank account to Rs 50,000 from today

German finance minister denies 'Grexit' threat

GST Draft Compensation Bill in next Parliament session: Will it lead to more ruckus by the Opposition?

Modi govt skips crucial data on foreign tourism

Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, GoAir, Air India fared in January 2017

Rajiv Bajaj slams note ban, RBI chief Urjit Patel lists benefits

7th Pay Commission: Allowances could be hiked effective from April, higher HRA possible

VC-backed funding to Indian fintech companies fell sharply in 2016: CB Insights

Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

India's trade deficit rises in January 2017 due to higher imports, lower exports

GroupM forecasts lower growth rate for TV ads in 2017

New chapter in Indo-US ties on cards? 27 US Congressmen coming to India in February

Mutual fund managers went on a selling spree in IT, pharma stocks in January 2017; 2 companies do not figure in the list

After Sasikala's guilty verdict, Tamil Nadu now needs to focus on its economy

Fake Rs. 2000, Rs 500 notes could be in the market soon

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