Economy News

hannover reinsurance india irdai five companies swiss munich scor players insurance in india booming

With more reinsurers making a foray, India on way to emerge as global reinsurance hub

Soon, at least half a dozen global reinsurers are expected to enter the India insurance market. It is expected to quadruple from its current size of $60 billion over the next 10 years.

Jan 5, 2017

Opposition meets CEC Nasim Zaidi, demands Budget Session 2017 be held after March 8

The Opposition is against the Centre's decision to present the Budget on February 1 — two days before the assembly polls in Punjab and Goa.

Jan 5, 2017

budget 2017, modi govt, bjp, election commission, polls, cpm, congress, assembly elections

Budget 2017: Election Commission to decide on postponement even as BJP dismisses call

Budget 2017 will give BJP unfair advantage over Congress, SP, AAP in the upcoming assembly elections in UP, Punjab, Goa.

Jan 4, 2017

Blame it on demonetisation: India's services activity hits 3-year low

The Nikkei India Services Business Activity Index showed a reading of 46.8 in December, indicating a further solid contraction in output.

Jan 4, 2017

India housing finance, HDFC, LIC Housing

India property market: Cloud of uncertainty grips housing lenders as mortgage rates head south

Morgan Stanley believes that banks will aggressively pursue loan takeovers and in that case, housing finance firms will have no place to hide.

Jan 4, 2017

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

Indian economy grew at 5.6% YoY in November 2016: Motilal Oswal Securities

Modi had announced demonetisation decision in November 2016, leading to fall in GDP growth rate.

Jan 3, 2017

Finland just got cooler, becomes first country to launch basic income for unemployed

Finnish government has decided to give basic income of Euro 650 (approx Rs 46, 257) to unemployed citizens.

Jan 3, 2017

yuan, rupee, yuan vs us dollar, rupee vs dollar, china, india, modi, jinping

Chinese yuan depreciated faster than Indian rupee in CY2016

In calendar year 2016, the Indian rupee faced more headwinds than the Chinese yuan.

Jan 3, 2017

Singapore GDP growth of 9.1% in Q4 brings little cheer for 2017; was it a case of too-good-to-be-true?

The city-state's growth outlook for 2017 remains cloudy and analysts forecast GDP growth to come in around 1 to 2 percent amid domestic and global headwinds.

Jan 3, 2017

budget 2017, indian railways, railway budget 2017

7th Pay Commission: Higher payout to employees has not affected costs much, says Suresh Prabhu

The implementation of the 7th Pay Commission proposals for employees have slightly increased operating ratio for Indian Railways.

Jan 3, 2017

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Analysts expressed surprise at the quantum of MCLR cuts by banks and said the implication is likely to be negative for both banks as well as NBFCs.

Jan 3, 2017

Arundhati Bhattacharaya, SBI chairman, SBI, SBI merger

SBI merger postponed till next fiscal; chairperson Arundhati Bhattacharya cites IT system change as reason

Timeline for merger of five bank subsidiaries and BMB will be finalised once the Centres notifies the merger, says Arundhati Bhattacharya

Jan 3, 2017

winter session parliament modi bjp nda congress madhya pradesh simi bhopal encounter ram kishan grewal orop suicide delhi haryana soldier army pay commission opposition aap arvind kejriwal gst bills pending

Budget Session of Parliament to begin from January 31

The Economic Survey to be presented on the same day followed by the General Budget on February 1.

Jan 3, 2017

hsbc expat explorer, hsbc expat survey, singapore, switzerland, india, hong kong

What are the best countries to live and work in? Here's the definitive list

Singapore retains top slot; Switzerland ranks high in terms of salary, India slips in ranking, reveals HSBC Expat 2016 survey.

Jan 2, 2017

Indian railways, Railway coolies, India rail porters, coolies

Budget 2017: Railway coolies to get provident fund, pension benefits

The BJP government is planning to bring railway porters under the social security net of EPFO scheme.

Jan 2, 2017

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Economy News

With more reinsurers making a foray, India on way to emerge as global reinsurance hub

Opposition meets CEC Nasim Zaidi, demands Budget Session 2017 be held after March 8

Budget 2017: Election Commission to decide on postponement even as BJP dismisses call

Blame it on demonetisation: India's services activity hits 3-year low

India property market: Cloud of uncertainty grips housing lenders as mortgage rates head south

Indian economy grew at 5.6% YoY in November 2016: Motilal Oswal Securities

Finland just got cooler, becomes first country to launch basic income for unemployed

Chinese yuan depreciated faster than Indian rupee in CY2016

Singapore GDP growth of 9.1% in Q4 brings little cheer for 2017; was it a case of too-good-to-be-true?

7th Pay Commission: Higher payout to employees has not affected costs much, says Suresh Prabhu

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

SBI merger postponed till next fiscal; chairperson Arundhati Bhattacharya cites IT system change as reason

Budget Session of Parliament to begin from January 31

What are the best countries to live and work in? Here's the definitive list

Budget 2017: Railway coolies to get provident fund, pension benefits

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