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Economy News

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

India's foreign exchange reserves rise for the third straight week

Foreign exchange reserves increase by $783 million to $361.55 billion for the week ended January 27, shows RBI data. Feb 4, 2017
Reserve Bank of India

RBI monetary policy meeting on February 8 crucial after Union Budget 2017

The sixth bi-monthly monetary policy statement of RBI on February 8 will come after Union Budget 2017; comments on demonetisation and rate cut will be key. Feb 3, 2017
India undisclosed income

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

The revenue department has also proposed to make it mandatory for taxpayers to file I-T returns by March end of the assessment year. Feb 3, 2017
India's oil demand

India's imports of Iranian crude oil reach record levels

The easing of Western sanctions on Iran in January last year allowed Indian oil refiners to resume purchasing crude from the country. Feb 2, 2017
january car sales, maruti jan car sales, hyundai jan car sales, renault car sales, tata motors car sales, domestic car sales, msil share price, mahindra share price

January 2017 car sales: Maruti Suzuki, Hyundai, Toyota, Nissan, Ford post growth

Maruti Suzuki, Hyundai, Nissan, Ford Motors, Tata Motors record increase in January 2017 car sales but Honda reports fall. Feb 2, 2017
Donald Trump

US trade groups press Donald Trump to better economic ties with Modi's India

In a letter, businesses asked the US government to ensure fair play for investors and support Indian efforts that align with US goals. Feb 2, 2017
Arun Jaitley

Arun Jaitley omits any mention of poll-bound states in budget speech to avoid EC's ire

The EC had warned the government to stay away from announcing any sop aimed at luring voters in UP, Goa, Manipur, Uttarakhand and Punjab. Feb 1, 2017
Budget 2017

Budget 2017: Allocation for important schemes

Here's what Finance Minister Arun Jaitley allocated in Budget 2017 for important schemes. Feb 1, 2017
Budget 2017

Budget 2017: Here's what Finance Minister Arun Jaitley doled out to each sector

Find sector-wise allocation in the Budget 2017-2018 tabled in Parliament by Finance Minister Arun Jaitley on February 1. Feb 1, 2017
Real Estate

Union Budget 2017 real estate: Infrastructure status to affordable housing will boost property sector, say experts

Real estate experts praise Finance Minister Arun Jaitley for granting infrastructure status to affordable housing in Union Budget 2017. Feb 1, 2017
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
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