Economy News

retail inflation, consumer inflation december, india, rbi inflation target, iip november, dbs bank

India's consumer inflation for December estimated at 3.6%: DBS Bank

For November, retail (consumer) inflation fell to a two-year low of 3.63 percent, largely due to demonetisation-induced slowdown.

Jan 11, 2017

FTA tourist arrivals foreigners india, e-tourists, foreign tourists

Foreign tourist footfall on e-tourist visa rises 56% in December

The United Kingdom continues to occupy the top slot, followed by USA and Russia among all the countries availing e-tourist visa facility, Ministry of Tourism said.

Jan 11, 2017

World Bank cuts India's growth forecast to 7%, after demonetisation

Despite the deceleration, India is predicted to retain its position as the world's fastest growing economy ahead of China.

Jan 11, 2017

budget 2017, demonetisation, remonetisation, pm modi, announcement, rbi

PM Modi at Vibrant Gujarat 2017: India on the threshold of becoming world's most digitised economy

Addressing the inauguration ceremony of Vibrant Gujarat Global Summit, the PM said that the government is working to adopt and absorb newer technologies.

Jan 10, 2017

budget 2017, consumption growth, redistribution of wealth, pm modi, fm arun jaitley, mosl, taxes

Budget 2017: PM Modi playing Robin Hood would be unsustainable for India

A cash-rich Modi government after demonetisation would be tempted to spur consumption growth by redistributing wealth using Budget 2017.

Jan 10, 2017

India International Exchange, GIFT city, Gandhinagar

India's first International Exchange to go live on January 16

Touted as Prime Minister Narendra Modi's pet project, the International Exchange has been set up at Gujarat International Finance-Tec city based in Gandhinagar.

Jan 10, 2017

demonetisation, remonetisation, rbi update, digital india, cashless economy, modi, niti aayog, bibek debroy

Demonetisation: Black money is now with banks and it's huge

There are conflicting reports on how much gains accrue to the Modi government over demonetisation; one estimate puts it at Rs 3 to 4 lakh crore,

Jan 10, 2017

7th pay commission, 5th pay commission, meghalaya pay panel, meghalaya employees, north eastern states

5th Pay Commission: Salary hike for Meghalaya Govt employees gets delayed

Meghalaya government employees are seeking salary and allowances at par with those proposed by the 7th pay commission.

Jan 10, 2017

vibrant gujarat 2017, pm modi, inauguration, investor summit in gujarat, partner countries at vibrant gujarat 2017

Vibrant Gujarat 2017: Three-day global investor summit begins from January 10

The eight edition of the investors' summit — Vibrant Gujarat 2017 — aims to garner huge investments; PM Modi will hold talks with top 50 CEOs.

Jan 10, 2017

fm arun jaitley, india, taxpayers, tax to gdp ratio, budget 2017, tax evaders in india, budget 2017, modi govt

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Tax compliance leaves a lot to be desired, says finance minister Arun Jaitley days before the presentation of Budget 2017.

Jan 9, 2017

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

FlightStats has tagged KLM Airlines as the best airline for its on-time performance.

Jan 9, 2017

budget 2017, digital india, digidhan, Lucky Grahak Yojana, pm modi, fm arun jaitley

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

Digital Bharat Cess on the lines of Swachh Bharat Cess and Krishi Kalyan Cess could be brought in Budget 2017 to drive digital payments.

Jan 9, 2017

Free Trade Wars: Assocham warns of export disruptions as Donald Trump ups the ante on free trade

The government must work for an effective lobbying to explain to the US policy makers how free trade would help both the countries, Assocham says.

Jan 9, 2017

india news, india fiscal deficit, modi govt, pm modi, modinomics

Tax collection rises sharply for April-December 2016: Modi Govt

Indirect tax collection is up 25 percent while direct taxes saw 12 percent growth, the Modi government said in a statement.

Jan 9, 2017

7th pay commission, pay commission news, elections to five states, up assembly elections 2017, modi govt, budget 2017

7th Pay Commission: Poll-bound states outsmart Modi Govt in wooing employees

Election-bound states announce implementation of pay commission recommendations to avoid violating model code of conduct.

Jan 9, 2017

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Economy News

India's consumer inflation for December estimated at 3.6%: DBS Bank

Foreign tourist footfall on e-tourist visa rises 56% in December

World Bank cuts India's growth forecast to 7%, after demonetisation

PM Modi at Vibrant Gujarat 2017: India on the threshold of becoming world's most digitised economy

Budget 2017: PM Modi playing Robin Hood would be unsustainable for India

India's first International Exchange to go live on January 16

Demonetisation: Black money is now with banks and it's huge

5th Pay Commission: Salary hike for Meghalaya Govt employees gets delayed

Vibrant Gujarat 2017: Three-day global investor summit begins from January 10

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

Free Trade Wars: Assocham warns of export disruptions as Donald Trump ups the ante on free trade

Tax collection rises sharply for April-December 2016: Modi Govt

7th Pay Commission: Poll-bound states outsmart Modi Govt in wooing employees

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