Economy News

Indian IT sector needs innovations to stay relevant: Highlights from BengaluruITE.Biz 2016

Hundreds of startups and other technology companies displayed innovative products at BengaluruITE.Biz 2016.

Nov 29, 2016

parliament India's Prime Minister Narendra Modi

Demonetisation: Lok Sabha passes income tax amendment bill

If voluntarily disclosures are made before December 30, the bill directs a 50 percent tax on the unaccounted cash.

Nov 29, 2016

Fitch slashes India's December quarter outlook

Fitch has forecast GDP growth down to 6.9 percent for next month due to impact of demonetisation.

Nov 29, 2016

Now, withdraw cash up to Rs 2,000 from mobile ATMs by Ola

Fed up with long queues outside ATMs for cash? Here's an alternative.

Nov 29, 2016

Punjab: Rs 9,806 crore credited to taxi driver's Jan Dhan account in State Bank of Patiala!

Branch Manager Ravinder Kumar said that officials from the Income Tax Department were investigating the case.

Nov 29, 2016

PM Modi's surgical strike on black money welcomed: See what the major companies are saying

Demonetisation: Modi govt unveils more measures to crackdown on black money hoarders

The government has also introduced an income disclosure scheme called the Pradhan Mantri Garib Kalyan Yojana (PMGKY) 2016.

Nov 28, 2016

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7th Pay Commission: Salary hike to Central government employees not reflecting in GDP data

The April-September 2016 GDP data suggests pay hike to Central government staff did not give consumption boost.

Nov 28, 2016

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I-T department seizes Rs 40 crore worth of banned notes at Delhi bank

The sleuths recovered the soiled notes from a Kashmere Gate branch of Axis Bank in New Delhi.

Nov 28, 2016

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Indian economy cools down to 7.1% in September quarter

The GDP growth rate for H1, FY2017 is also 7.1 percent, as disclosed by Commerce and Industry Minister Nirmala Sitharaman on Monday.

Nov 28, 2016

Airports Authority of India to start digital payment for airport parking fees

The digital payment system will be applicable from November 29.

Nov 28, 2016

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India's last pre-demonetisation GDP figures likely to be released soon

The September quarter (Q2) economic growth data will be keenly analysed; Q3 data will factor in demonetisation-induced slowdown.

Nov 28, 2016

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RBI Governor Urjit Patel finally speaks on demonetisation; says govt working to 'ease pain of honest citizens'

Patel requested people to use debit cards and digital wallets instead of cash as it would make transactions easier and cheaper.

Nov 28, 2016

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Government using demonetisation to push for financial inclusion: Report

The Centre has asked state governments, banks and employers to open bank accounts for temporary and contractual workers.

Nov 28, 2016

India's earnings from medical tourism could exceed US $8 billion by 2020: Dr Prathap Reddy

The Chairman of the Apollo Hospitals Group, who has been giving us updates on Jayalalithaa, discusses healthcare needs, medical tourism and healthcare education in India.

Nov 28, 2016

Goa aims to go cashless from Dec 31, educates vendors about mobile payments

Defence Minister Manohar Parrikar held a meeting with banks on Saturday and said Goa will become the first to go cashless.

Nov 27, 2016

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Economy News

Indian IT sector needs innovations to stay relevant: Highlights from BengaluruITE.Biz 2016

Demonetisation: Lok Sabha passes income tax amendment bill

Fitch slashes India's December quarter outlook

Now, withdraw cash up to Rs 2,000 from mobile ATMs by Ola

Punjab: Rs 9,806 crore credited to taxi driver's Jan Dhan account in State Bank of Patiala!

Demonetisation: Modi govt unveils more measures to crackdown on black money hoarders

7th Pay Commission: Salary hike to Central government employees not reflecting in GDP data

I-T department seizes Rs 40 crore worth of banned notes at Delhi bank

Indian economy cools down to 7.1% in September quarter

Airports Authority of India to start digital payment for airport parking fees

India's last pre-demonetisation GDP figures likely to be released soon

RBI Governor Urjit Patel finally speaks on demonetisation; says govt working to 'ease pain of honest citizens'

Government using demonetisation to push for financial inclusion: Report

India's earnings from medical tourism could exceed US $8 billion by 2020: Dr Prathap Reddy

Goa aims to go cashless from Dec 31, educates vendors about mobile payments

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