Economy News

Oil hits multi-week lows as growing supplies stoke glut concern

Apart from rising Iranian exports, there are also signs of Nigeria and Libya resuming oil exports, fuelling concerns that a global glut would persist.

Sep 16, 2016

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

The next policy review meeting is scheduled to be held on October 4.

Sep 16, 2016

rupee 20 patel urjit new currency notes denomination rbi issues statement governor rbi

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

The new Rs. 20 note will bear the year as "2016" on the reverse and Urjit Patel's signature on the front, says RBI.

Sep 16, 2016

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Rupee devaluation is a bad idea, says DBS Bank economist

The disadvantages far outweigh the likely gains, says Radhika Rao, DBS Bank economist.

Sep 16, 2016

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India's exports fall less than 1% in August; gold imports decline 77%

Exports account for about 20 per cent of India's gross domestic product.

Sep 15, 2016

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

International firms have expressed interest after the government allowed 100 per cent FDI in the food processing segment.

Sep 14, 2016

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Indian cement companies set to gain in coming months: Deutsche Bank

Monsoon-led demand recovery and improved margins are set to reflect in share prices of cement firms, says Deutsche Bank.

Sep 14, 2016

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India expected to post first current account surplus in nine years

For the full year ending in March 2017, India is likely to post a deficit even lower than last year's 1.1 per cent of GDP.

Sep 14, 2016

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India adds 94 lakh vehicles to its roads in 5 months

Domestic vehicle sales rise 15.4 percent to 93.91 lakh units between April and August this year, but exports fall.

Sep 14, 2016

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

While Arundhati Bhattacharya ranks second, Chanda Kochhar claims fifth and Shikha Sharma holds the 19th position in the list.

Sep 14, 2016

National Payments Corporation of India expands shareholding base to 56 banks

In the last six years, the umbrella organisation has grown from two million transactions a day to 25 million transactions.

Sep 13, 2016

Cauvery water dispute: India Inc. declares holiday

Due to escalating tensions in Bengaluru, IT firms Infosys, TCS, Wipro and banks have declared Tuesday a holiday.

Sep 13, 2016

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Illegal construction in Bengaluru: BBMP to resume demolition from Wednesday

The city's civic body, BBMP, had halted the demolition drive due to Ganesha and Bakrid celebrations.

Sep 13, 2016

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GST Council to hold first meeting on Sept. 22, 23

The Union Cabinet approves the formation of the GST Council to roll out the indirect tax on April 1, 2017.

Sep 12, 2016

Indian aviation market to grow to about 600 million passengers annually: Jayant Sinha

The central government plans to upgrade airport infrastructure in six years to cater to the influx of passengers.

Sep 12, 2016

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Economy News

Oil hits multi-week lows as growing supplies stoke glut concern

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

Rupee devaluation is a bad idea, says DBS Bank economist

India's exports fall less than 1% in August; gold imports decline 77%

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

Indian cement companies set to gain in coming months: Deutsche Bank

India expected to post first current account surplus in nine years

India adds 94 lakh vehicles to its roads in 5 months

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

National Payments Corporation of India expands shareholding base to 56 banks

Cauvery water dispute: India Inc. declares holiday

Illegal construction in Bengaluru: BBMP to resume demolition from Wednesday

GST Council to hold first meeting on Sept. 22, 23

Indian aviation market to grow to about 600 million passengers annually: Jayant Sinha

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