Economy News

Monetary Policy Committee cuts repo rate by 25 bps to 6.25%

The six-member MPC comprising RBI and government nominees cuts repo rate to 6.25 percent at its first meeting.

Oct 4, 2016

Spectrum auction: Bids fetch Govt Rs 56,872 crore on day 2

There was a high demand for the 1,800 Mhz band, but premium bands like 700 Mhz and 900 Mhz found no takers.

Oct 4, 2016

7th Pay Commission: Modi Govt accepts proposals on promotion for employees

The 7th Pay Commission's proposals on promotion (MACP) ensure time-bound career progression for Central government staff.

Oct 4, 2016

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7th Pay Commission: Uri attack, surgical strikes may delay decision on allowances, says report

The recommendations of the 7th CPC are applicable to 47 lakh central government employees and 53 lakh pensioners.

Oct 3, 2016

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Abu Dhabi crown prince Sheikh Mohammed bin Zayed Al Nahyan as R-Day guest signifies India-UAE trade ties

India officially announces that Abu Dhabi crown prince Sheikh Mohammed bin Zayed Al Nahyan will be 2017 Republic Day chief guest.

Oct 3, 2016

Saudi Arabia releases $1 billion to help laid-off Indian migrant workers: Report

The money is part of the kingdom's efforts to help the migrant community cope with non-payment of salaries and job losses.

Oct 3, 2016

Rafale jets may arrive earlier than expected, says Defence Minister Manohar Parrikar

The minister said India has requested France to deliver it as soon as possible.

Oct 2, 2016

NHAI to execute India's first 'driverless' pod-based Metrino project

So far, four global firms have qualified in the initial round of bidding for the Metrino project worth Rs 800 crore.

Oct 2, 2016

Spectrum auction: Combined bids fetch Rs 53,531 crore on day 1

The telecom operators showed high interest in the 1800 Mhz spectrum band, which is used for delivering 2G/4G services.

Oct 2, 2016

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IDS 2016: Modi govt officially announces amount collected from tax defaulters

The four-month Income Declaration Scheme (IDS) 2016 closed on September 30.

Oct 1, 2016

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10 million passengers bought railway travel insurance in 29 days of launch, says IRCTC

The travel insurance entails a premium of Re. 1 and provides insurance cover of up to Rs. 10 lakh.

Oct 1, 2016

India's foreign exchange reserves rise $1.1 billion to $370.76 billion

The Reserves Bank of India has published data on India's forex reserves for the week ended September 23.

Sep 30, 2016

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IDS 2016: FM Arun Jaitley to reveal details of declarations on October 1

The Income Declaration Scheme (IDS) 2016 gives a one-time chance to come clean on undisclosed income.

Sep 30, 2016

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Expect 50 bps rate cut by February 2017: HSBC

HSBC Securities and Capital Markets also says inflation is likely to fall below the RBI's target of 5% by March next year.

Sep 30, 2016

World's deepest, largest high-speed railway station coming up at Great Wall of China

The station will be built at Badaling, which is one of the most visited sections of the Great Wall of China.

Sep 29, 2016

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Economy News

Monetary Policy Committee cuts repo rate by 25 bps to 6.25%

Spectrum auction: Bids fetch Govt Rs 56,872 crore on day 2

7th Pay Commission: Modi Govt accepts proposals on promotion for employees

7th Pay Commission: Uri attack, surgical strikes may delay decision on allowances, says report

Abu Dhabi crown prince Sheikh Mohammed bin Zayed Al Nahyan as R-Day guest signifies India-UAE trade ties

Saudi Arabia releases $1 billion to help laid-off Indian migrant workers: Report

Rafale jets may arrive earlier than expected, says Defence Minister Manohar Parrikar

NHAI to execute India's first 'driverless' pod-based Metrino project

Spectrum auction: Combined bids fetch Rs 53,531 crore on day 1

IDS 2016: Modi govt officially announces amount collected from tax defaulters

10 million passengers bought railway travel insurance in 29 days of launch, says IRCTC

India's foreign exchange reserves rise $1.1 billion to $370.76 billion

IDS 2016: FM Arun Jaitley to reveal details of declarations on October 1

Expect 50 bps rate cut by February 2017: HSBC

World's deepest, largest high-speed railway station coming up at Great Wall of China

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