Economy News

India's oil demand growth rate continues to outpace China's for third successive year

Analysts opine that gains in oil demand from manufacturing-led Make in India initiative will more than offset the negative impact of the note ban.

Jan 17, 2017

budget 2017, fm arun jaitley, pm modi, taxation, pay commission, ids, tax collection, repo rate cut

Budget 2017: Preview of Modi Govt's finances by BofA Merrill Lynch

The BofA Merrill Lynch Global Research report says impact of 7th pay commission proposals, PSU bank recapitalisation, fiscal deficit hold key.

Jan 17, 2017

IMF bumps up US and China growth outlook, downgrades India on note ban

Donald Trump's promised plans to cut taxes and boost infrastructure spending is expected to boost US growth in 2017 and 2018, the IMF said.

Jan 17, 2017

gst council, dual control, indian economy, april 1, gst rollout, arun jaitley

GST Council resolves dual control issue; July 1, 2017 rollout looks realistic

At its ninth meeting on Monday, the GST Council chaired by Finance Minister Arun Jaitley tackled the issue of dual control for assessment.

Jan 17, 2017

remonetisation, demonetisation, cash crunch, cash-to-gdp ratio, bibek debroy, niti aayog, modi news

RBI increases ATM withdrawal limit to Rs 10,000 per card per day

The limit on withdrawal from current accounts has also been increased to Rs 1 lakh per week.

Jan 16, 2017

Budget 2017: Higher likelihood of repo rate cut in February if govt sticks to fiscal consolidation, says ICRA economist

However, economist Aditi Nayar added that the room for incremental rate cuts would be limited to 25 bps over next six months.

Jan 16, 2017

ATM cash withdrawals set to become expensive: Report

The withdrawals include even banks where a customer already has an account.

Jan 16, 2017

Despite note ban, Indian consumers are most optimistic in Asia-Pacific: Mastercard Survey

After India, Myanmar, Vietnam and the Philippines also remain extremely optimistic in their outlook. Singapore, Taiwan and Malaysia were, however, among the most pessimistic.

Jan 16, 2017

India's richest 1% hold a huge 58% of the country's total wealth: Oxfam

Globally, just eight men – six Americans, one Mexican and one Spanish – own the same amount of wealth as the poorest half of the world's population.

Jan 16, 2017

7th Pay Commission: Good news for autonomous bodies as government may give them salary hike, but with conditions

The finance ministry has also made arrangements for those autonomous body employees who do not meet these criteria to get salaries as per the revised pay scale.

Jan 16, 2017

Automation: How new age machine will replace you and which sectors will be hit hard

Though automation may raise global growth by 0.8 to 1.4% annually, it will impact jobs in labour-intensive sectors in China, India and other developed countries.

Jan 15, 2017

Budget 2017: Industry body Assocham bats for February 1 as the D-Day

The chamber said the Budget should be seen well beyond the partisan politics for the common national good.

Jan 15, 2017

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage.

Jan 14, 2017

india news, india exports, india imports, india external trade, india trade deficit

India's exports rise 6% in December; trade deficit shrinks sharply

December trade update: Exports up $23.88 billion, imports $34.25 billion, gold imports down 48 percent, trade deficit at $10.3 billion

Jan 13, 2017

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Economy News

India's oil demand growth rate continues to outpace China's for third successive year

Budget 2017: Preview of Modi Govt's finances by BofA Merrill Lynch

IMF bumps up US and China growth outlook, downgrades India on note ban

GST Council resolves dual control issue; July 1, 2017 rollout looks realistic

RBI increases ATM withdrawal limit to Rs 10,000 per card per day

Budget 2017: Higher likelihood of repo rate cut in February if govt sticks to fiscal consolidation, says ICRA economist

ATM cash withdrawals set to become expensive: Report

Despite note ban, Indian consumers are most optimistic in Asia-Pacific: Mastercard Survey

India's richest 1% hold a huge 58% of the country's total wealth: Oxfam

7th Pay Commission: Good news for autonomous bodies as government may give them salary hike, but with conditions

Automation: How new age machine will replace you and which sectors will be hit hard

Budget 2017: Industry body Assocham bats for February 1 as the D-Day

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

India's exports rise 6% in December; trade deficit shrinks sharply

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