Economy News

Pakistan Stock Exchange, Karachi, stock market

Pakistan Stock Exchange: Consortium of Chinese bourses may buy 40% stake in PSE

The consortium of China Financial Futures Exchange Company, Shanghai Stock Exchange and Shenzen Stock Exchange may value the stake at about $85 million.

Dec 23, 2016

india, moody, lobbied, economy, modi, budget 2017

India lobbied Moody's for ratings upgrade

An endorsement was seen as critical to PM Narendra Modi's economic stewardship, helping to attract foreign investment and accelerate growth.

Dec 23, 2016

Airport security checks: CISF to analyse feedback as pilot trial to do away with stamps on baggage and boarding passes ends

Authorities responsible for airport security will analyse the feedback of the pilot project before the proposal can be extended further.

Dec 23, 2016

budget 2017, demonetisation, remonetisation, pm modi, announcement, rbi

Budget 2017: What could PM Narendra Modi announce on December 31?

The first demonetisation deadline ends on December 30 and PM Modi is likely to make some drastic announcement next day ahead of Budget 2017.

Dec 23, 2016

SBI Buddy vs Paytm: SBI's 'desi' Buddy takes on 'somewhat Chinese' Paytm with banner of patriotism

SBI says its Buddy app is more secured, charges way less and is partly-owned by the government of India unlike Paytm, in which China's Alibaba has a stake.

Dec 23, 2016

budget 2017, cii, wish list, income tax, corporate tax

Budget 2017: CII wants drastic reduction in personal, corporate tax rates

Trade body CII has a long wish list for Budget 2017 that includes recommendations on income tax rates and slabs, and corporate tax.

Dec 23, 2016

Income Tax department scrutinises 67.5 lakh income tax non-filers who made high-value transactions

The I-T Department has held more than 760 searches and seized at least Rs 3,590 crore in unaccounted wealth after demonetisation.

Dec 23, 2016

Airline charges: Now, pay 'family fee' if you want to sit with your folks on a flight

Air India had introduced the concept of 'family fee' in May this year and now Jet Airways follows suit.

Dec 22, 2016

Assam: BSF officials recover Rs 29 lakh in new notes; 2 arrested

The two men were travelling with the money to Gasupara in South Garo hills from Assam.

Dec 22, 2016

pm modi, demonetisation, indian economy, china, growth, gdp, india

PM Modi's demonetisation could push India's GDP growth to 20-year low

Brokerage Nomura says PM Narendra Modi's demonetisation and the resultant chaos has disrupted the Indian economy in a big way.

Dec 22, 2016

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

A supply glut and changing world demographics will act as sufficient ingredients for volatile or direction-less oil prices in 2017.

Dec 22, 2016

remonetisation, demonetisation, rbi, cash crunch, india economy

India's cash crunch likely to persist till end of January 2017

Brokerage Nomura says remonetisation by the RBI is at a fast pace but cash crunch would last till mid to end January next year.

Dec 22, 2016

ED arrests Kolkata businessman Parasmal Lodha for converting Rs 25 crore in old notes for Shekar Reddy

Reddy and his associates were arrested by the CBI on Wednesday over illegal possession of unaccounted money and assets.

Dec 22, 2016

budget 2017, consumption growth, redistribution of wealth, pm modi, fm arun jaitley, mosl, taxes

RBI statistics reveal billions withdrawn in cash after remonetisation

Remonetisation after demonetisation of Rs 500 and Rs 1,000 notes by PM Modi sees Indians withdrawing huge cash, according to RBI data.

Dec 21, 2016

CBI arrests Chennai industrialist Sekar Reddy for possession of unaccounted money

Raids earlier this month had led to the recovery of Rs 154 crore in cash, including Rs 34 crore in Rs 2,000 notes, and over 167 kg of gold.

Dec 21, 2016

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Economy News

Pakistan Stock Exchange: Consortium of Chinese bourses may buy 40% stake in PSE

India lobbied Moody's for ratings upgrade

Airport security checks: CISF to analyse feedback as pilot trial to do away with stamps on baggage and boarding passes ends

Budget 2017: What could PM Narendra Modi announce on December 31?

SBI Buddy vs Paytm: SBI's 'desi' Buddy takes on 'somewhat Chinese' Paytm with banner of patriotism

Budget 2017: CII wants drastic reduction in personal, corporate tax rates

Income Tax department scrutinises 67.5 lakh income tax non-filers who made high-value transactions

Airline charges: Now, pay 'family fee' if you want to sit with your folks on a flight

Assam: BSF officials recover Rs 29 lakh in new notes; 2 arrested

PM Modi's demonetisation could push India's GDP growth to 20-year low

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

India's cash crunch likely to persist till end of January 2017

ED arrests Kolkata businessman Parasmal Lodha for converting Rs 25 crore in old notes for Shekar Reddy

RBI statistics reveal billions withdrawn in cash after remonetisation

CBI arrests Chennai industrialist Sekar Reddy for possession of unaccounted money

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