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Economy News

Arun jaitley

Arun Jaitley may tinker with deficit targets to boost growth: Poll

Most of the participants in the poll expect the 2016-17 fiscal deficit to be raised to 3.7% of GDP. Jan 29, 2016
Make in India

'Make in India' initiative aiding FDI, central bank says

The country's gross FDI inflows have grown by 31% between September 2014 and November 2015. Jan 29, 2016
US federal reserve

US Fed owns up to global risks in statement shift

The slide in oil prices and slowdown in global growth may change the Fed's bias from implying steady set of future rate hikes. Jan 29, 2016
Indian oil tankers

Benefits of falling crude oil prices to India 'fading', says economist

The incremental impact of the plunge in oil prices has hit India's exports to oil-producing countries. Jan 28, 2016
IGI Airport

India to face airport capacity crunch by 2025: CAPA

CAPA predicted that India is dangerously under-prepared to handle its air traffic of 556 million by 2025 and needs to invest about $40 billion to improve infrastructure. Jan 28, 2016
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

Rupee plunges to new 29-month low of 68.19 to US dollar

Analysts see it as a reaction to the US Fed Reserve leaving interest rates unchanged on Wednesday. Jan 28, 2016
Gold prices ETF

Gold slips from 12-week high on less dovish Fed

The less dovish tone of the Fed's statement weighed on gold, which had gained on global uncertainties from China to Europe. Jan 28, 2016

US Federal Reserve keeps rates unchanged, wary eye on global markets

Fed policymakers said the economy was still on track for moderate growth and a stronger labor market. Jan 28, 2016
Arun Jaitley

Govt to host India Investment Summit on 4, 5 February

The event is aimed at showcasing investment opportunities in various sectors in India. Jan 27, 2016
IB Times

India's FY2016 oil import bill to reduce sharply on lower crude oil prices

However, the import dependency was up from 78.2% to 80.2%, indicating that falling prices have led to an increase in consumption. Jan 27, 2016
Gujarat farmer

In Gujarat, farmers struggle over GIDC's land acquisition, compensation

While some farmers have neither been paid nor their land been returned, others are angry over lower compensation. Jan 27, 2016
DIPP

Govt mulling National Investment Grid to boost private investment

The Department of Industrial Policy & Promotion is in discussion with states over the creation of such a grid. Jan 27, 2016

Oil falls around 2 percent as profit-taking kicks in

Prices were also dampened by a bigger-than-expected build in US crude inventory. Jan 27, 2016
China stock market

Asian stocks struggle as headwinds grow; gold shines

Despite a weak bounce of 0.6%, MSCI's broadest index of Asia-Pacific shares outside Japan was holding near a four-year low hit last week. Jan 27, 2016

France to invest $10 billion in India over next five years

Mahindra Defence and Airbus signed an agreement to produce military helicopters in India. Jan 25, 2016
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  • Elephant shot dead

    Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

  • Ladakh mishap

    Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

  • Tourist spots of J&K

    Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

  • Virat Kohli

    IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

  • Farooq Abdullah

    Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]

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