Economy News

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BRICS 2016: Trade ministers meet ahead of Goa summit

Nirmala Sitharaman, union commerce and trade minister, is meeting her BRICS counterparts; a BRICS Business Forum is also scheduled.

Oct 13, 2016

7th Pay Commission: Defence forces to get 10% arrears before October 30 as 'Diwali gift'

The arrears will be 10 percent of the current pay drawn by the soldiers, which would be calculated from January 2016.

Oct 13, 2016

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ICICI Prudential lifts 2016 IPOs to a 6-year-high

So far, 22 firms have listed for IPOs bringing the estimated year-end deal value to $5.8 billion.

Oct 13, 2016

Steel production World Steel Association tata steel china imports anti dumping demand global 2016 2017 weak india jindal steel mittal arcelor posco

Demand outlook for steel remains weak, says World Steel Association

Global steel demand in 2017 would improve marginally to 1,510 mt from 1,501 mt this year, says World Steel Association.

Oct 12, 2016

Inflation seen cooling to one-year low in September

The latest poll of over 30 economists showed retail inflation probably eased further last month to 4.80 percent.

Oct 12, 2016

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1 MDB scandal: Singapore penalises Falcon Bank, DBS, UBS; to decide on Standard Chartered Bank soon

The Monetary Authority of Singapore (MAS) penalises Falcon Bank, DBS, UBS; awaits assessment of Standard Chartered Bank.

Oct 12, 2016

Andhra Pradesh registers 20% rise in tourist arrivals in January-August 2016

Anantapur district is the "most visited destination" by foreign tourists.

Oct 11, 2016

Indian Railways to introduce coaches with glass roof soon

The aim of introducing glass-ceiling coaches is to boost tourism in the country.

Oct 11, 2016

7th Pay Commission: Govt sources claim disability pension for defence services 'not reduced'

Reports indicated the government has notified a new set of rules for granting disability pensions to the armed forces.

Oct 11, 2016

Oliver Hart and Bengt Holmstrom awarded 2016 Nobel Prize in Economics for Contract Theory

Indian-origin economist Amartya Sen had won the award in 1998.

Oct 10, 2016

India, UAE to hold bilateral talks on trade, geopolitics ahead of crown prince's R-Day visit

UAE is looking to invest in India's growing real estate sector apart from ports and hydro-carbon fields.

Oct 10, 2016

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India seizes more illegal Chinese firecrackers; Indians call for boycott of Chinese products this Diwali

The Central Board of Excise and Customs warned about "illegal foreign origin firecrackers" that are hazardous in nature.

Oct 10, 2016

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ICICI, Sundaram, IDBI and Reliance Mutual Funds launch new schemes

Equity and debt investment options are on offer by ICICI, Sundaram, IDBI and Reliance Mutual Funds.

Oct 10, 2016

imf world bank poverty imfc plenary session arun jaitley fm speech issues challenges global

Here is the full text of FM Arun Jaitley's speech at IMFC Plenary on 'IMF Institutional Issues'

The speech was delivered by Arun Jaitley at Washington on Saturday (Oct. 8).

Oct 10, 2016

An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013

7th Pay Commission: Finance Ministry abolishes 7 advances to Central government employees

It includes festival advances for leave salary, law suits, bicycle, warm clothing and natural calamity, as proposed by 7th pay commission.

Oct 10, 2016

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Economy News

BRICS 2016: Trade ministers meet ahead of Goa summit

7th Pay Commission: Defence forces to get 10% arrears before October 30 as 'Diwali gift'

ICICI Prudential lifts 2016 IPOs to a 6-year-high

Demand outlook for steel remains weak, says World Steel Association

Inflation seen cooling to one-year low in September

1 MDB scandal: Singapore penalises Falcon Bank, DBS, UBS; to decide on Standard Chartered Bank soon

Andhra Pradesh registers 20% rise in tourist arrivals in January-August 2016

Indian Railways to introduce coaches with glass roof soon

7th Pay Commission: Govt sources claim disability pension for defence services 'not reduced'

Oliver Hart and Bengt Holmstrom awarded 2016 Nobel Prize in Economics for Contract Theory

India, UAE to hold bilateral talks on trade, geopolitics ahead of crown prince's R-Day visit

India seizes more illegal Chinese firecrackers; Indians call for boycott of Chinese products this Diwali

ICICI, Sundaram, IDBI and Reliance Mutual Funds launch new schemes

Here is the full text of FM Arun Jaitley's speech at IMFC Plenary on 'IMF Institutional Issues'

7th Pay Commission: Finance Ministry abolishes 7 advances to Central government employees

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