Economy News

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RBI retains repo rate, slashes GDP growth rate forecast for FY2017; withdraws incremental CRR

After its two-day meeting, the RBI's MPC cuts GDP growth rate forecast due to demonetisation; withdraws incremental CRR on bank deposits.

Dec 7, 2016

Indian consumption story intact despite demonetisation: Morgan Stanley

According to Ridham Desai of Morgan Stanley, it's time to switch to equities from bonds as equities have potential for huge upside over the medium term.

Dec 7, 2016

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India Inc pays tribute to former Tamil Nadu Chief Minister Jayalalithaa

J Jayalalithaa (Amma), who was also the chief of the ruling party AIADMK, passed away on December 5, 2016 in Chennai.

Dec 7, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

RBI Monetary Policy Meeting: Demonetisation, inflation likely to influence outcome

The first meeting of the MPC after the demonetisation decision of November 8 ends on Wednesday; RBI Urjit Patel's statement will be keenly watched.

Dec 7, 2016

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Demonetisation: Bengaluru tops the list of maximum cash seizures

On Tuesday, the Modi government released cases of irregularities referred to by income tax department over demonetisation.

Dec 6, 2016

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Swiss, Hong Kong watches face bad times despite falling smartwatch sales

Exports of Swiss and Hong Kong watches fell sharply on a year-on-year basis in October, says Nomura.

Dec 6, 2016

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Gold tumbles below Rs 29,000; rupee gains on global cues

Falling consumer demand post demonetisation has pulled down prices of the yellow metal.

Dec 6, 2016

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Demonetisation has an unexpected fallout in Karnataka

The cash stash of over Rs 4 crore in Rs 2,000 notes leads to exposing more scams involving Karnataka bureaucrats, post-demonetisation.

Dec 6, 2016

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

Steel prices to see limited upside owing to demonetisation

Despite a sharp rise in raw material prices, steel producers will not be able to pass on the cost to consumers due to a possible dip in construction activity after demonetisation.

Dec 6, 2016

Tamil Nadu J Jayalalithaa Assembly polls elections health apollo hospital cardiac arrest industry growth gsdp factories ford hyundai renault ashok leyland

J Jayalalithaa passes away; Tamil Nadu at a glance

TN Chief Minister J Jayalalithaa died on Monday at 11.30 pm; Tamil Nadu is home to Ford, Hyundai, Renault, Ashok Leyland and Royal Enfield.

Dec 5, 2016

Italian Prime Minister Matteo Renzi resigns after referendum loss

Italian Prime Minister Matteo Renzi announced his resignation in the early hours of 5 December, after a convincing defeat in a referendum over his proposals for constitutional reform. Renzi took responsibility for the defeat and told reporters of his plans to call a cabinet meeting and give his resignation to Italys President Sergio Mattarella. The constitutional reform included cutting down the number of senators and curbing their powers relative to the lower house of parliament. Renzi also sought to reduce the political powers of the regions.

Dec 5, 2016

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Evening wrap: Demonetisation unearths fake notes, latest Bigg Boss 10 exits, world's first openly transgender model, and more

Read about a plane crashing into the ocean near Indonesia, and amicus curiae raising questions on prosecution evidence in Nirbhaya rape case.

Dec 3, 2016

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Economy News

RBI retains repo rate, slashes GDP growth rate forecast for FY2017; withdraws incremental CRR

Indian consumption story intact despite demonetisation: Morgan Stanley

India Inc pays tribute to former Tamil Nadu Chief Minister Jayalalithaa

RBI Monetary Policy Meeting: Demonetisation, inflation likely to influence outcome

Demonetisation: Bengaluru tops the list of maximum cash seizures

Swiss, Hong Kong watches face bad times despite falling smartwatch sales

Gold tumbles below Rs 29,000; rupee gains on global cues

Demonetisation has an unexpected fallout in Karnataka

Steel prices to see limited upside owing to demonetisation

J Jayalalithaa passes away; Tamil Nadu at a glance

Italian Prime Minister Matteo Renzi resigns after referendum loss

Petrotech 2016: India beckons you, says PM Modi to global oil and gas companies

Union minister debunks economists' forecasts; says GDP to touch 10%

RBI to issue new Rs 50, Rs 20 notes; old notes continue to be valid

Evening wrap: Demonetisation unearths fake notes, latest Bigg Boss 10 exits, world's first openly transgender model, and more

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