Economy News

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

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

7th pay commission allowances hike central govt orop defence budget pay panel proposals pensioners india benefit money uri attack surgical strikes pakistan

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

UAE Crown Prince Sheikh Mohamed bin Zayed Al Nahyan india visit republic day india trade uae oil investments relations narendra modi r-day guest muslims

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

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Economy News

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

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

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