Economy News

Bengaluru RBI officer arrested on Tuesday laundered money for 30% cut

Michael Kattukaran and his accomplices allegedly exchanged Rs 1.51 crore worth of demonetised notes for new currency.

Dec 14, 2016

Mukesh Ambani, Jeff Bezos, Jack Ma, Bill Gates collaborate for $1 billion energy fund

Breakthrough Energy Ventures fund will fight climate change through innovation in clean energy.

Dec 14, 2016

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Demonetisation effect: Indian Railways staff want higher cash component in December salary

In a letter to the Railway Board, the NFIR says the cash component of salary for December be raised to mitigate shortage.

Dec 14, 2016

Demonetisation effect: Tenants in Bengaluru petition PM Modi seeking action against homeowners who demand cash as rent

Bengaluru has numerous colleges and is an IT hub where many students and employees from rest of India come and stay in rented accommodation.

Dec 14, 2016

Post demonetisation, use of old notes leads to jump in sales of drugs

Patients are said to be stocking up their medicines by exchanging old notes in pharmacies.

Dec 14, 2016

Is Congress trying to escape demonetisation debate by raising Kiren Rijiju issue in Parliament?

Rijiju has called the allegations baseless, and the power ministry has explained how he is not involved in the NEEPCO scam.

Dec 14, 2016

Delhi: Income Tax dept raids hotel in Karol Bagh, Rs 3.25 crore in old notes seized

So far, five people have been arrested in connection with the case.

Dec 14, 2016

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PM Modi's demonetisation decision drags retail inflation to 2-year low in November

The drop in November retail inflation is largely due to fall in prices of food items after demonetisation of high-value currencies by PM Modi.

Dec 13, 2016

A bank employee stacks banned Rs 1,000 notes.

Black money after demonetisation: How RBI is using CCTV footage to monitor bank staff and customers

An ever-vigilant RBI is leaving no stone unturned to ensure that money launderers are caught.

Dec 13, 2016

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Mercer survey estimates salary hike at 10% in demonetisation-hit 2017

The findings of Mercer's survey on salary increase and hiring need to be seen in the context of demonetisation-induced slowdown.

Dec 13, 2016

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Nomura launches new fund for super rich Malaysian investors

Nomura Global High Conviction Fund is available for individuals with gross annual income of more than MYR 300,000.

Dec 13, 2016

pay commission up akhilesh yadav elections up assembly 2017

7th Pay Commission: Akhilesh Yadav announces bonanza for 22 lakh employees, pensioners

The announcement of 7th pay commission proposals for UP government staff comes months before Assembly elections.

Dec 13, 2016

Why did Chidambaram do a major U-turn on demonetisation and call it a big scam, like Rahul Gandhi?

The change in his remarks can be attributed to a number of reasons, like toeing the party line and also vote-bank politics.

Dec 13, 2016

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Bengaluru: CBI arrests RBI official for allegedly converting old Rs 1000 and Rs 500 notes with new Rs 2000 ones

More than a dozen banking officials have already been arrested for their involvement in the conversion of old currency notes.

Dec 13, 2016

ADB trims India's GDP growth forecast for 2016 to 7% on demonetisation

India's move to ban high value currencies will impact its growth figures due to short-term dip in consumption demand.

Dec 13, 2016

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Economy News

Bengaluru RBI officer arrested on Tuesday laundered money for 30% cut

Mukesh Ambani, Jeff Bezos, Jack Ma, Bill Gates collaborate for $1 billion energy fund

Demonetisation effect: Indian Railways staff want higher cash component in December salary

Demonetisation effect: Tenants in Bengaluru petition PM Modi seeking action against homeowners who demand cash as rent

Post demonetisation, use of old notes leads to jump in sales of drugs

Is Congress trying to escape demonetisation debate by raising Kiren Rijiju issue in Parliament?

Delhi: Income Tax dept raids hotel in Karol Bagh, Rs 3.25 crore in old notes seized

PM Modi's demonetisation decision drags retail inflation to 2-year low in November

Black money after demonetisation: How RBI is using CCTV footage to monitor bank staff and customers

Mercer survey estimates salary hike at 10% in demonetisation-hit 2017

Nomura launches new fund for super rich Malaysian investors

7th Pay Commission: Akhilesh Yadav announces bonanza for 22 lakh employees, pensioners

Why did Chidambaram do a major U-turn on demonetisation and call it a big scam, like Rahul Gandhi?

Bengaluru: CBI arrests RBI official for allegedly converting old Rs 1000 and Rs 500 notes with new Rs 2000 ones

ADB trims India's GDP growth forecast for 2016 to 7% on demonetisation

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