Economy News

Bidding for 4 ultra mega power plants to begin soon: Piyush Goyal

The UDAY scheme would result in saving of Rs.180,000 crore and 24X7 power supply, Piyush Goyal said.

Nov 25, 2015

Govt prepared to discuss changes in GST bill with Congress: Arun Jaitley

"Extremely unfair if we try to impose a GST with a defective structure, in name of political compromise," Jaitley said.

Nov 25, 2015

India may miss exports target of $325 billion this fiscal

It is will end "less than $300 billion," says a Modi government official.

Nov 24, 2015

52% Britons want the UK to exit the European Union: Survey

Opinion changed from surveys earlier this year after the Paris terror attacks.

Nov 24, 2015

SunEdison plans to sell 400 MW of solar power capacity in India

The U.S.-based solar company is looking to shed assets to boost balance sheet.

Nov 24, 2015

Iran to boost gas export capacity, seeks international partnerships

Rouhani said Iran had been working for 2 years to increase its gas production capacity via pipelines to neighbour countries.

Nov 24, 2015

Paris attacks: How hotels, restaurants and travel in France have been affected

Edmund Shing explains the economic impact of the Paris attacks.

Nov 24, 2015

China cuts wholesale gas prices, seeks to boost demand for cleaner fuel

The impact could be mixed for players in the market.

Nov 24, 2015

UK adding 9 P-8 Poseidons, 24 F-35 stealth fighters to its warplane repository

Cameron has committed 2 % of the GDP for defence spending to fulfil a NATO target.

Nov 24, 2015

Foreign banks grab 90% of Indian state government bonds

The move raises the prospect of more volatility in one of Asia's best performing debt markets.

Nov 24, 2015

India will be in top 100 in ease of doing business index in 2016: Jayant Sinha

The World Bank ranks India 130 out of 189 countries in the ease of doing business.

Nov 24, 2015

Infrastructure, steel groups consider 'masala bonds' to diversify debt funding

The government last month clarified how income from the rupee-denominated offshore bonds would be taxed.

Nov 24, 2015

Bupa to invest Rs 191 crore in Max Bupa to boost stake

The deal is expected to come into force once all regulatory clearances have been sought.

Nov 23, 2015

Can Fin Homes share soars 120% in one year

Its share price zoomed from Rs 457 on 24 November, 2014, to Rs 1005 on 23 November, 2015, on BSE.

Nov 23, 2015

GCC: 'Perfect time' to introduce taxes to augment revenues, says experts

Levying tax is the "best solution" for GCC countries to diversify revenue sources, according to experts.

Nov 23, 2015