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Economy News

Budget 2017

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

Many salaried people have reason to rejoice, because the income tax rate has been reduced from 10 percent to 5 percent in the Rs 2.5-5 lakh income slab. Feb 1, 2017
BSE Sensex

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market. Jan 31, 2017
economic survey 2017, survey gdp growth estimate, india china, pm modi, xi jinping, chinese economy, indian economy, bjp, congress, aap

Economic Survey 2017 suggests India-China bhai-bhai; FY2017 growth estimates could rip India of fastest-growing economy tag

China grew at 6.7 percent in CY2016 (Jan-Dec) while India is estimated to grow at 6.50-6.75 percent in FY2017, according to Economic Survey 2017. Jan 31, 2017
bse sensex, nse nifty, india, stock markets, asian paints, coal tragedy in jharkhand, coal mines in india

UP Assembly Elections 2017: Are stock markets betting on a BJP win in Uttar Pradesh elections?

Out of the 690 seats at stake in states going to assembly polls 2017 -- Uttar Pradesh (UP), Goa, Manipur, Uttarakhand and Punjab – UP alone has 403 Assembly seats, which is about 60% of total seats Jan 31, 2017
economic survey 2017, fm arun jaitley, cea arvind subramanian, demonetisation, note ban, survey impact on stock markets, ubi economic survey 2017

Economic Survey 2017 tabled; highlights of the report

Universal basic income (UBI), demonetisation, GDP estimates for FY 2017 and 2018 form part of CEA Arvind Subramanian's Economic Survey 2017. Jan 31, 2017
ippb bank post office india operations recruitment hiring ceo assistant manager

Economic Survey 2016 spoke of 'implicit subsidy'; do you remember the amount?

The Economic Survey for 2015-16 (Economic Survey 2016) had insights on "implicit subsidy" on gold, LPG, PPF, rail fare and electricity. Jan 30, 2017
domestic car sales in december, tkm car sales, maruti suzuki car sales, hyundai car sales, demonetisation

January car sales preview: Maruti Suzuki, Tata Motors likely do well, says Nirmal Bang, on eve of Budget 2017

Maruti Suzuki, Renault, Hero Motocorp, Bajaj Auto, TVS, Hyundai will be reporting their January car sales on February 1, coinciding with Budget 2017. Jan 30, 2017
Donald Trump immigration ban

Donald Trump's immigration ban: Here's how US tech industry leaders reacted

In an executive order last week, Trump banned the entry of citizens from seven Muslim countries to "keep radical Islamic terrorists" out of America. Jan 30, 2017
India stock market

Budget to chart stock market's direction in action-packed week ahead

Amid consensus of a populist Budget, markets do expect the finance minister to walk the self-committed fiscal consolidation path for FY2017-18. Jan 29, 2017
India wheat crop

Area sown under Rabi crops rises bucking demonetisation

The Agriculture Ministry's data primarily substantiates the perception that demonetisation may not have had an immediate impact on agriculture. Jan 29, 2017
Visakhapatnam port

Two coastal economic zones to be set up in Andhra Pradesh for Rs 20,000 crore

The two zones – Srikakulam to Vijayawada and Vijayawada to Nellore – will be created under the ambitious Sagarmala project. Jan 29, 2017
India Post Payments Bank

India Post Payments Bank gets RBI licence to commercially start services

So far, only Paytm and Airtel have launched their payments bank commercial operations across India. Jan 29, 2017
India health care

Budget 2017: Health care costs may rise if so far untaxable services are brought under GST

Jaitley should also raise tax exemptions under 80-D and announce a health care infrastructure fund, an Assocham-TechSci paper says. Jan 27, 2017
India energy demand

India to overtake China as the largest growth market for energy by 2030

Among BRICS countries, India's share of global energy demand would increase to 9% by 2035, the second-largest after China at 26% Jan 27, 2017
YS Jagan Mohan Reddy

Andhra Pradesh special status: Protests fuelled by Pawan Kalyan, Jagan Mohan Reddy gather momentum

Jana Sena leader and Sardaar Gabbar Singh star Pawan Kalyan seems to be spearheading the protests demanding special category status for Andhra Pradesh. Jan 26, 2017
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