Economy News

Black money purge: Demonetisation not a cure, says Assocham

Tendering high-value currency notes illegal can do little about the ill-gotten wealth converted into assets like gold and real estate, Assocham said in a study.

Jan 18, 2017

Bengaluru ranked 'most dynamic city' in the world

Hyderabad (ranked fifth) is the only other Indian city besides Bengaluru which has found a place in the top 10. Among the next 20 cities, Pune is at 13 while Chennai at 17.

Jan 18, 2017

Brexit: Here is the 12-point plan British PM Theresa May laid out for UK leaving the EU

British PM Theresa May warned that she would not tolerate 'opposition for opposition's sake' when time came for the Brexit deal to be negotiated

Jan 17, 2017

Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, GoAir, Air India, others performed in December

IndiGo continued to lead as the largest carrier with a market share of 40.3 percent in December 2016.

Jan 17, 2017

foreign tourists in india, ftas in india, fee, incredible india, modi govt, pm modi, arun jaitley, tourism in india

Demonetisation did not affect foreign tourist arrivals in December

Foreign tourist arrivals (FTAs) into India rose 13.6 percent YoY in December 2016, the first full month after demonetisation decision by PM Modi.

Jan 17, 2017

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

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Economy News

Black money purge: Demonetisation not a cure, says Assocham

Bengaluru ranked 'most dynamic city' in the world

Brexit: Here is the 12-point plan British PM Theresa May laid out for UK leaving the EU

Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, GoAir, Air India, others performed in December

Demonetisation did not affect foreign tourist arrivals in December

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

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