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Economy News

Forbes List of Most Powerful Women in the World

IMF chief Christine Lagarde on trial in France over tycoon case

Lagarde is under fire for failing to challenge a payout award in favour of business tycoon Bernard Tapie during her tenure as French finance minister. Dec 10, 2016
narendra modi cabinet meeting ieds

This is how PM Modi and Rajnath Singh replied to Rahul Gandhi's remarks on demonetisation and disruption in Parliament

The prime minister said he was not being allowed to speak in the Lok Sabha, and hence was speaking in jan sabha — public meetings. Dec 10, 2016
Donald Trump, Berlin attacks, Russian envoy, Turkey

Won't allow H-1B visa workers to replace Americans: Donald Trump

Any regulatory change in regard to H-1B visa will negatively impact Indian IT companies the most. Dec 10, 2016
Watch humanoid robots take over London

Silicon Valley, automation and universal basic income; what to do to stay one step ahead of the robots?

You can either learn computer programming and make the robots or slowly become obsolete as our robots take over all the jobs in the world. Dec 9, 2016
baggage tags

Airport security measures: These six Indian airports will no longer require security stamps on hand luggage tags

Passengers will not be required to get the security stamp on their hand baggage tags before boarding a flight. Dec 9, 2016
Talgo

India is likely to get a version of the Avril bullet train, thanks to Spanish firm Talgo

Talgo's CEO Jose' Maria de Oriol Fabra said the company would make a bid for the contract. Dec 9, 2016
Supreme Court

Judicial review of fiscal policy 'impermissible', Centre tells SC during demonetisation hearing

The case will be heard next on December 14 and in the interim Supreme Court says it will frame broad questions on the issue. Dec 9, 2016
ATM last rites

The Weird World of Demonetisation: JD(U) workers conduct last rites for cashless ATM in Bengaluru

The last rites of the ATM had been conducted as per Hindu religious norms at 11 am on Friday. Dec 9, 2016
Rahul Gandhi

Demonetisation [VIDEO]: Opposition's desperation shows as Rahul Gandhi warns of earthquake if he speaks in Parliament

The Congress vice president said he was not being allowed to speak in parliament about the "biggest scam in the history of India." Dec 9, 2016
rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

Demonetisation: New Rs 500 note hard to get in ATMs in Bangalore; cashless transactions set to thrive

Have you managed to get hold of the new Rs 500 notes over the last week? Dec 9, 2016
Sinzo Abe- Donald Trump

Japan ratifies TPP despite Trump's threat of withdrawing from the trade deal

Japan had earlier said that without the US the TPP would be meaningless. Dec 9, 2016
rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

The central bank also said that defunct notes worth Rs 11.85 lakh crore have been returned to the banking system. Dec 9, 2016
demonetisation, petrol pumps, paying by cash, petrol, diesel, petrol pump dealers

Demonetisation effect: Cashless economy gaining ground, says FM Arun Jaitley

At a press conference on Thursday, Arun Jaitley announced a series of discounts to nudge people to go digital, shun cash. Dec 8, 2016
cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

Demonetisation: I-Tax busts currency exchange racket during raids in Chennai

The raids by income tax department resulted in seizure of 100 kg gold and Rs 90 crore cash from three persons. Dec 8, 2016
demonetisation pay commission salary hike printing smpcil currency notes security features allowances

7th Pay Commission: Currency printing press employees seek salaries, allowances on par with Central government employees

The employees of SPMCIL that owns the printing presses say they are "eligible" under the 7th Pay Commission for salaries and allowances. Dec 8, 2016
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