Economy News

Supreme Court appointed SIT wants cash transaction capped at Rs. 3 lakh, individual cash holding to Rs. 15 lakh

The team recommends framing a legal act to declare cash transactions above the limit of Rs. 3 lakh as illegal to check black money flows

Jul 14, 2016

7th Pay Commission: Tripura Govt hints at implementing salary hike proposals, increases DA by 4%

The Tripura government has hiked dearness allowance by 4 percent, benefiting about 2.09 lakh employees and pensioners.

Jul 14, 2016

Train travel between Delhi and Mumbai soon possible in less than 12 hours

At present, the Talgo hi-speed train is being tested using an Indian engine to check its compatibility on Indian tracks.

Jul 14, 2016

IOC BPCL india petrol diesel fuel stations retail fuel petrol bunk HPCL reliance essar

Not two-wheelers, India's oil sector needs petrol-guzzling cars to outdo China: Report

China's consumption of 2.8 million barrels of petrol a day is way ahead of India's 5,44,000 barrels, reported Reuters.

Jul 14, 2016

mumbai best undertaking transport taxi cab profit revenue iconic bus services city public

Mumbai: After 10 years, BEST now plans to reduce minimum bus fare

The Bombay Electric Supply & Transport Undertaking wants to draw more commuters to face the rising popularity of cab-hailing services.

Jul 14, 2016

Asian shares near eight-month peak on hopes of BoE rate cuts

MSCI's broadest index of Asia-Pacific shares outside Japan were down 0.1 percent in early trade but stood near its eight-month peak hit on Wednesday

Jul 14, 2016

One million bank employees to go on nationwide strike on July 29

The strike which was supposed to take place on July 12,3 has been deferred to July 29.

Jul 13, 2016

China Railway Corporation may bid for National Highway contracts in India

The value of the contracts is estimated to be between Rs. 35,000-40,000 crore, the Economic Times reported.

Jul 13, 2016

arvind panagariya niti aayog rbi raghuram rajan modi successor contenders top brexit rexit

Arvind Panagariya: A look at Niti Aayog vice-chairman's profile and his views on Modi govt policies

Niti Aayog vice-chairman Arvind Panagariya is tipped to be appointed as RBI governor Raghuram Rajan's successor.

Jul 13, 2016

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High retail inflation diminishes India's rate cut hopes

With prices of sugar, pulses and vegetables seeing double-digit annual increase, food inflation accelerated to 7.79 percent in June.

Jul 12, 2016

Indian Oil Corporation petrol diesel fuel stations India petrol consumption

India's fuel consumption hit a record high in May 2016; diesel to drive the economy

India's push towards manufacturing and infrastructure improvement will accelerate diesel consumption.

Jul 12, 2016

Konkan Railway elevates Sanjay Gupta as chairman and managing director

Konkan Railway Corporation Limited runs a rail network spanning 741 km.

Jul 12, 2016

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Coal, power ministries at loggerheads over mortgaging coal blocks as collaterals for bank loans: Report

The coal and power ministries have opposing views on whether coal blocks can be used as collateral for bank loans.

Jul 12, 2016

Mumbai: 3 firms bid for global financial hub project

The three bidders will now make a master plan for the International Financial Services Centre at the Bandra Kurla Complex area.

Jul 12, 2016

Oil prices rise on Iraq loading worries; bearish investors cap gains

Traders said the rise in prices was largely a result of a suspension of tanker loading of Basra Light crude at two export terminals in Iraq's south after a pipeline leak.

Jul 12, 2016

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Economy News

Supreme Court appointed SIT wants cash transaction capped at Rs. 3 lakh, individual cash holding to Rs. 15 lakh

7th Pay Commission: Tripura Govt hints at implementing salary hike proposals, increases DA by 4%

Train travel between Delhi and Mumbai soon possible in less than 12 hours

Not two-wheelers, India's oil sector needs petrol-guzzling cars to outdo China: Report

Mumbai: After 10 years, BEST now plans to reduce minimum bus fare

Asian shares near eight-month peak on hopes of BoE rate cuts

One million bank employees to go on nationwide strike on July 29

China Railway Corporation may bid for National Highway contracts in India

Arvind Panagariya: A look at Niti Aayog vice-chairman's profile and his views on Modi govt policies

High retail inflation diminishes India's rate cut hopes

India's fuel consumption hit a record high in May 2016; diesel to drive the economy

Konkan Railway elevates Sanjay Gupta as chairman and managing director

Coal, power ministries at loggerheads over mortgaging coal blocks as collaterals for bank loans: Report

Mumbai: 3 firms bid for global financial hub project

Oil prices rise on Iraq loading worries; bearish investors cap gains

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