Economy News

pay commission, budget 2017, 7th cpc, central government employees, allowances, arun jaitley

7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees

The finance ministry seems better placed now after demonetisation to decide on raising allowances as recommended by the 7th Pay Commission.

Jan 2, 2017

sonia gandhi, rahul gandhi, congress, india, bjp, economy, gdp growth

Nehru-Gandhi dynasty should quit leadership to make Congress credible: Ambit analyst

Siddhartha Rastogi of Ambit Group says leaders outside the Nehru-Gandhi family have a better GDP growth rate track record.

Jan 2, 2017

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

Rs 41,500 crore deposited in Jan Dhan accounts after demonetisation; 48 lakh accounts under I-T Dept scrutiny

The I-T Dept will take action after identifying if deposits in Jan Dhan accounts belonged to somebody else.

Jan 2, 2017

ippb bank post office india operations recruitment hiring ceo assistant manager

Comparison of interest rates on deposits by senior citizens after PM Modi's speech

Interest rates on deposits by senior citizens by post office are higher than that announced by PM Modi.

Jan 1, 2017

Budget 2017: Increasing income tax exemption limit to Rs 5 lakh will revive demand, says Deloitte survey

The survey also highlighted that the National Pension Scheme withdrawal should be non-taxable just like the Provident Fund.

Jan 1, 2017

india defence army navy air force exports production manohar parrikar modi govt nda bjp brahmos vietnam china pakistan terrorism threat skies production companies licence industrial

7th Pay Commission: SBI releases arrears for Army, Navy, Air Force pensioners

State Bank of India has released Rs 3,323.24 crore in arrears to defence pensioners on Friday.

Jan 1, 2017

Air fares set to rise after jet fuel prices increase by 8% in the new year?

The new jet fuel prices came into effect from January 1, 2017.

Jan 1, 2017

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

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Economy News

7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees

Nehru-Gandhi dynasty should quit leadership to make Congress credible: Ambit analyst

Rs 41,500 crore deposited in Jan Dhan accounts after demonetisation; 48 lakh accounts under I-T Dept scrutiny

Comparison of interest rates on deposits by senior citizens after PM Modi's speech

Budget 2017: Increasing income tax exemption limit to Rs 5 lakh will revive demand, says Deloitte survey

7th Pay Commission: SBI releases arrears for Army, Navy, Air Force pensioners

Air fares set to rise after jet fuel prices increase by 8% in the new year?

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

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