Economy News

Expected foreign funds' inflows to strengthen rupee: Experts

Rupee value is expected to be stable around 65.80-66.30 to a US dollar in the coming week, say observers.

Dec 26, 2015

World Bank may revise India growth forecast for FY16: Report

The bank had retained its FY16 estimate of 7.5% in October this year.

Dec 26, 2015

Shah Rukh Khan's Dilwale does well in TRP ratings; movie's trailer among top three brands

The top-most brand was Cadbury, according to industry body BARC, which recently released the ratings.

Dec 26, 2015

Ecommerce in Africa and Asia: How startups can benefit from tomorrows emerging markets.

IBTimes UK speaks to Nils Hammar, the CEO of Saltside Technologies.

Dec 24, 2015

Flic-Flac - Spider that cart-wheels away from trouble

IBTimes UK looks at our favourite new species discovered in 2015.

Dec 24, 2015

Blue Bastard - Fish attacks its enemies by smothering them in kisses

IBTimes UK looks at our favourite new species discovered in 2015.

Dec 24, 2015

Saddleback Toad - Tiny frog smaller than 1cm

IBTimes UK looks at our favourite new species discovered in 2015.

Dec 24, 2015

Cess funds worth Rs. 1.4 lakh crore collected by govt remains unutilised: CAG

The government is still contemplating to levy additional cesses despite keeping these huge funds idle.

Dec 24, 2015

Modi in Russia: Reliance Defence signs pact with Russian arms firm Almaz-Antey

The announcement of the deal comes even as Prime Minister Modi is on a visit to Russia.

Dec 24, 2015

Indian rupee poised for 5th straight fall in 2015, likely to hover around 65-70 in 2016

If the rupee closes at around 66.50 on 31 December, 2015, it would have lost about 5%, y-o-y.

Dec 24, 2015

Pre-2005 bank notes (currency notes) can be exchanged upto June 30, 2016: RBI

From 1 January, 2016, this facility will be available only at identified bank branches and issue offices of the RBI.

Dec 24, 2015

RBI warns India Inc vulnerabilities may increase banks' bad loans

The central bank expressed concern over bad debt getting "more concentrated" among large, highly-leveraged borrowers.

Dec 24, 2015

Reliance Infrastructure in advanced talks to sell cement business for $394 million

Under the terms of the deal, the buyer would also take over the cement unit's outstanding debt of Rs 24 billion.

Dec 24, 2015

What if Arun Jaitley quits over the alleged DDCA scam? What if he doesn't?

The consequences would be tough both ways for the Modi government.

Dec 23, 2015

Black money: Modi govt detects undisclosed income worth Rs 16,000 crore

In October, Finance Minister Arun Jaitley had said that "the bulk of black money was still within the country."

Dec 23, 2015