Economy News

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

Q2FY17 preview: Analysts expect IT sector to clock the worst performance in 10 years

Some of the reasons could be the slow growth in the banking and financial sector and Brexit among other things.

Oct 10, 2016

Govt to invite bids for developing waterways project

Funding for the project would come via extra budgetary support, public-private partnerships and central road fund cess.

Oct 9, 2016

consumer durables festive purchases festival season sale discount pay commission india bullish ecommerce snapdeal amazon flipkart offline online diwali consumer customer

Consumer durable companies confident of buoyant sales this festive season

A consumer electronics and appliances body says that business is likely to increase by 15-20 per cent this festive season.

Oct 8, 2016

pay commission 7th cpc excess payment vet finance ministry govt employees cga check verify

7th Pay Commission: CGA to check for excess payment to Central government employees

The government had earlier asked the CGA to release salary arrears as proposed by the pay commission "without pre-check".

Oct 8, 2016

india forex reserves rbi foreign exchange dollar buying importers exporters falling rupee value fii stock buying bse debt market

World's fastest-growing economy now has $372 billion in foreign exchange reserves

The Reserve Bank of India (RBI) says forex reserves jumped $1.22 billion as of September 30, 2016.

Oct 8, 2016

fii dii purchases equities statistics data fii activity nse bse shares price fluctuation stock markets debt rupee rbi repo rate mpc inflation data india exports imports inflation wpi cpi retail

Foreign investors net buyers of Indian equities in first week of October

Foreign institutional investors (FIIs) buy Indian stocks worth Rs 1,686 crore on a net basis in October.

Oct 8, 2016

q2fy17 consumer companies results september quarter bse nse share prices index consumer discretionary pay commission monsoon

Q2FY17 preview: Consumer companies to report steady volume growth in September quarter, says Nomura

The bonanza to Central government staff from pay commission proposals and benefits of good monsoon won't reflect in Q2.

Oct 7, 2016

Tourist flow to Punjab hit hard due to Indian Army's surgical strikes

Industry insiders say that the tourist footfall to the holy city of Amritsar has plummeted as much as 45 per cent.

Oct 6, 2016

ippb bank post office india operations recruitment hiring ceo assistant manager

India Post Payments Bank to hire 1,710 managers ahead of September 2017 launch

The recruitment drive begins as India Post Payments Bank gets ready to roll out banking services from September 2017.

Oct 6, 2016

world bank job creation jim kim automation india china modi govt

Indian, Chinese jobs under threat due to automation: World Bank president Jim Kim

Automation threatens 69 percent of jobs in India and 77 percent in China, says the WB president, citing research.

Oct 5, 2016

Multi-Agency Group to probe Indians named in Panama Papers: Centre tells SC

The move to set up the committee is part of the Central government's efforts to bring home black money parked abroad.

Oct 4, 2016

MPC repo rate cut decision: Misleading to call members 'dovish' or 'hawkish', says HDFC Bank analyst

In a note, Abheek Barua, Chief Economist, HDFC Bank, also says MPC could cut interest rates again in December this year.

Oct 4, 2016

Marginal impact of India-Pak tensions expected: Finance Minister

The impact on the rupee has been temporary and FDI continues to rise, Arun Jaitley said.

Oct 4, 2016

MPC flags off risks to India from global headwinds

Weak global growth and rising protectionism are matters of concern, says the six-member MPC.

Oct 4, 2016

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Economy News

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

Q2FY17 preview: Analysts expect IT sector to clock the worst performance in 10 years

Govt to invite bids for developing waterways project

Consumer durable companies confident of buoyant sales this festive season

7th Pay Commission: CGA to check for excess payment to Central government employees

World's fastest-growing economy now has $372 billion in foreign exchange reserves

Foreign investors net buyers of Indian equities in first week of October

Q2FY17 preview: Consumer companies to report steady volume growth in September quarter, says Nomura

Tourist flow to Punjab hit hard due to Indian Army's surgical strikes

India Post Payments Bank to hire 1,710 managers ahead of September 2017 launch

Indian, Chinese jobs under threat due to automation: World Bank president Jim Kim

Multi-Agency Group to probe Indians named in Panama Papers: Centre tells SC

MPC repo rate cut decision: Misleading to call members 'dovish' or 'hawkish', says HDFC Bank analyst

Marginal impact of India-Pak tensions expected: Finance Minister

MPC flags off risks to India from global headwinds

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