Economy News

'I' Box Office Collection (Day 5): Vikram Starrer Creates History in Kerala

Shankar's directorial "I" continues to mesmerise audience in Kerala.

Jan 19, 2015

Help Railways Cut Energy Costs, Suresh Prabhu tells Experts

The Railway minister asked industry experts to help bring down the energy costs for Railways.

Jan 17, 2015

Govt Adjusts Disinvestment Plan: IOC Stake Sale Possible

The government is likely to bring IndianOil stake to the disinvestment table, as continued uncertainty over policy affecting Coal India and ONGC would prove an impediment to its plans, even as it struggles to limit itself to the 4.1% fiscal deficit.

Jan 17, 2015

What's on TCS CEO's Budget Wishlist? Ease of Doing Business, Simple Tax Dispute Resolution

TCS CEO N Chandrasekaran asked the government to improve the business start-up scenario and to simplify tax dispute resolution provisions.

Jan 17, 2015

'I' Box Office Collection (Day 2): Vikram Starrer Beats 'Bangalore Days' in Kerala

Shankar's "I' has broken the two-day gross collection record of Bangalore Days in Kerala

Jan 16, 2015

RBI Mulls Allowing Banks to Purchase Infra Bonds to Improve Bond Market Liquidity

The RBI could consider allowing banks to also purchase infrastructure bonds, in a bid to increase the liquidity in the bond market.

Jan 16, 2015

'I' Opening Day Box Office Collection: Vikram Film Gets Record Opening in Kerala; Beats Vijay's 'Jilla'

The film had a massive opening in the state with 1,179 houseful shows.

Jan 16, 2015

TCS Retrenchment Comes Under Fire, this Time from ForIT

ForIT has asked TCS to put retrenchment on hold until a 'comprehensive grievance redressal mechanism,' is in place, even when admitting that involuntary attrition is part of the industry protocol.

Jan 16, 2015

Rate Cut Effect: Govt Banks to Post Higher Treasury Gains, Use it to Offset Higher Provisioning

With 28% of deposits tied to government bonds, the state-run banks can now use the treasury gains made from the RBI rate cut to offset their bad loans and shore up capital

Jan 16, 2015

Government to Invest ₹5 Lakh Crore on Road Construction Over 5 Years

The Center is focused on improving connectivity and in reducing road accident deaths.

Jan 16, 2015

Audi R8 LMX and Datsun Go+ Launched in India

A budget and a super car share the same launch day.

Jan 15, 2015

Nation's Top Bankers Welcome RBI Rate Cut, Confirm Banking Rates to Come Down Soon

India's top bankers have welcomed the RBI rate cut and confirmed that banking rates will also go down soon.

Jan 15, 2015

FM Jaitley Hails Rate-Cut as 'Positive for Indian Economy'

FM Jaitley called the RBI rate cut as a very positive move for the economy and hopes that the investment cycle would get a boost

Jan 15, 2015

RBI Signals More Rate Cuts after 25 Basis Point Reduction in Repo Rate

In a surprise move the RBI brings down the lending rate to 7.75% from 8%, the first reduction in almost a year.

Jan 15, 2015

World Bank Projects India's GDP to Surpass China's by 2017

The World Bank's Global Economic Prospects projects India to post 6.4% GDP growth rate in 2015, with the economy expanding by 7% in 2016.

Jan 14, 2015