Economy News

Demonetisation: RBI relaxes currency exchange norms for non-resident Indians

The facility of currency exchange for NRIs will be valid until June 30, 2017.

Jan 1, 2017

Modi's demonetisation speech: 9 things that the PM said, from housing loan discounts to help for pregnant women

Here are nine important things the Prime Minister said during his televised address on Saturday.

Dec 31, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

Bank credit growth data for November contradicts Arun Jaitley's claims

RBI data reveals bank credit growth rate for November 2016 slumped YoY; Arun Jaitley had claimed no disruption due to note ban.

Dec 31, 2016

china news, india news, china, economy, modi, Xi Jinping, rbi, pboc, gdp growth

China and India: Jinping downbeat on economic growth; Modi Govt bullish

Asset woes, financial vulnerability and Donald Trump's hawkish stance would slowdown China in 2017 in contrast to India.

Dec 31, 2016

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

World's fastest-growing economy sees wild fluctuations in foreign exchange reserves

India's foreign exchange reserves hit a historic high in September 2016 but have been receding subsequently, reveals RBI data.

Dec 31, 2016

bibek debroy, niti aayog, cash crunch, cashless economy, digital economy, digital india, cash-to-gdp ratio, india

Demonetisation: ATM cash withdrawal limit increased to Rs 4,500 per day; weekly limit remains unchanged at Rs 24,000

The RBI said that the limit on cash withdrawals would be in place until there is sufficient supply of new notes in the banking system.

Dec 31, 2016

7th cpc, pay commission, nps, pension, nfir, letter to modi, railway employees

7th Pay Commission: Railway employees remind PM Modi about pension scheme, multiplier factor, salary

Railway employees want exemption from National Pension Scheme and implementation of "assurances" on multiplier factor in context of 7th pay commission proposals.

Dec 30, 2016

digital india, cashless economy, pm modi, demonetisation, bank transactions, online banking, mobile banking

Digital India: Interesting trends emerge in push towards cashless economy

The push towards digital economy, or cashless economy, is not a runaway success, says Motilal Oswal Securities Ltd.

Dec 30, 2016

Are these new Rs 1,000 currency notes real or fake? [PHOTO]

Here is a comprehensive study on the images of the new green Rs 1,000 currency notes being circulated on social media.

Dec 30, 2016

china, smartphone market, Huawei, Oppo, Vivo, Xiaomi, Gionee, Meizu, apple, samsung, india smartphone

China smartphone outlook 2017: Trend bullish; Huawei, Oppo and Vivo seen as top gainers

Chinese smartphone makers such as Huawei, Oppo and Vivo are poised to make the most out of the country's smartphone market and also abroad.

Dec 30, 2016

indian railways, digital india, suresh prabhu, indian economy, modi, railway employees

Railway reservations go increasingly cashless, employees could be rendered jobless

Railway Minister Suresh Prabhu says 75.18 percent of ticket reservations, and 95.86 percent freight business are driving less-cash economy.

Dec 29, 2016

lucknow metro, narendra modi, sp, bjp, akhilesh yadav, up elections 2017

Lucknow Metro: Centre releases additional Rs 250 crore ahead of UP assembly elections

On December 1, UP Chief Minister Akhilesh Yadav had flagged trial run of Lucknow Metro; stakes are high for BJP and SP in Uttar Pradesh.

Dec 29, 2016

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

Cash crunch after demonetisation could end soon: New Rs 500 notes now seemingly available in ATMs in Bangalore

Check ATMs near you and let us know if you managed to lay your hands on the new Rs 500 notes.

Dec 29, 2016

pm modi, modi news, demonetisation, rbi, ordinance, windfall, budget 2017

Demonetisation riches: World's fastest-growing economy likely to land $15 billion windfall

Estimates by analysts say PM Modi's demonetisation could result in 'special dividend' of Rs 1 lakh crore ($15 billion).

Dec 29, 2016

PM Narendra Modi may address nation on demonetisation before new year

Narendra Modi is expected to speak about the next steps being contemplated by his government after demonetisation.

Dec 29, 2016

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Economy News

Demonetisation: RBI relaxes currency exchange norms for non-resident Indians

Modi's demonetisation speech: 9 things that the PM said, from housing loan discounts to help for pregnant women

Bank credit growth data for November contradicts Arun Jaitley's claims

China and India: Jinping downbeat on economic growth; Modi Govt bullish

World's fastest-growing economy sees wild fluctuations in foreign exchange reserves

Demonetisation: ATM cash withdrawal limit increased to Rs 4,500 per day; weekly limit remains unchanged at Rs 24,000

7th Pay Commission: Railway employees remind PM Modi about pension scheme, multiplier factor, salary

Digital India: Interesting trends emerge in push towards cashless economy

Are these new Rs 1,000 currency notes real or fake? [PHOTO]

China smartphone outlook 2017: Trend bullish; Huawei, Oppo and Vivo seen as top gainers

Railway reservations go increasingly cashless, employees could be rendered jobless

Lucknow Metro: Centre releases additional Rs 250 crore ahead of UP assembly elections

Cash crunch after demonetisation could end soon: New Rs 500 notes now seemingly available in ATMs in Bangalore

Demonetisation riches: World's fastest-growing economy likely to land $15 billion windfall

PM Narendra Modi may address nation on demonetisation before new year

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