Economy News

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

Finance Minister Arun Jaitley had proposed in the Budget to levy penalty on a person who receives Rs 3 lakh and above.

Feb 5, 2017

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

In the wake of demonetisation, short-supply of Rs 100 notes and near absence of new Rs 500 notes in the market resulted in the general public reluctantly accepting Rs 2,000 note.

Feb 5, 2017

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Industry experts are expecting at least 25 bps rate cut after Arun Jaitley reaffirmed the government's commitment towards fiscal consolidation.

Feb 5, 2017

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India's foreign exchange reserves rise for the third straight week

Foreign exchange reserves increase by $783 million to $361.55 billion for the week ended January 27, shows RBI data.

Feb 4, 2017

RBI monetary policy meeting on February 8 crucial after Union Budget 2017

The sixth bi-monthly monetary policy statement of RBI on February 8 will come after Union Budget 2017; comments on demonetisation and rate cut will be key.

Feb 3, 2017

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

The revenue department has also proposed to make it mandatory for taxpayers to file I-T returns by March end of the assessment year.

Feb 3, 2017

India's imports of Iranian crude oil reach record levels

The easing of Western sanctions on Iran in January last year allowed Indian oil refiners to resume purchasing crude from the country.

Feb 2, 2017

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January 2017 car sales: Maruti Suzuki, Hyundai, Toyota, Nissan, Ford post growth

Maruti Suzuki, Hyundai, Nissan, Ford Motors, Tata Motors record increase in January 2017 car sales but Honda reports fall.

Feb 2, 2017

US trade groups press Donald Trump to better economic ties with Modi's India

In a letter, businesses asked the US government to ensure fair play for investors and support Indian efforts that align with US goals.

Feb 2, 2017

Arun Jaitley omits any mention of poll-bound states in budget speech to avoid EC's ire

The EC had warned the government to stay away from announcing any sop aimed at luring voters in UP, Goa, Manipur, Uttarakhand and Punjab.

Feb 1, 2017

Budget 2017: Allocation for important schemes

Here's what Finance Minister Arun Jaitley allocated in Budget 2017 for important schemes.

Feb 1, 2017

Budget 2017: Here's what Finance Minister Arun Jaitley doled out to each sector

Find sector-wise allocation in the Budget 2017-2018 tabled in Parliament by Finance Minister Arun Jaitley on February 1.

Feb 1, 2017

Union Budget 2017 real estate: Infrastructure status to affordable housing will boost property sector, say experts

Real estate experts praise Finance Minister Arun Jaitley for granting infrastructure status to affordable housing in Union Budget 2017.

Feb 1, 2017

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

Many salaried people have reason to rejoice, because the income tax rate has been reduced from 10 percent to 5 percent in the Rs 2.5-5 lakh income slab.

Feb 1, 2017

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market.

Jan 31, 2017

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Economy News

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

India's foreign exchange reserves rise for the third straight week

RBI monetary policy meeting on February 8 crucial after Union Budget 2017

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

India's imports of Iranian crude oil reach record levels

January 2017 car sales: Maruti Suzuki, Hyundai, Toyota, Nissan, Ford post growth

US trade groups press Donald Trump to better economic ties with Modi's India

Arun Jaitley omits any mention of poll-bound states in budget speech to avoid EC's ire

Budget 2017: Allocation for important schemes

Budget 2017: Here's what Finance Minister Arun Jaitley doled out to each sector

Union Budget 2017 real estate: Infrastructure status to affordable housing will boost property sector, say experts

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

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