Economy News

Indian Overseas Bank mulls closure of regional offices

The bank's MD & CEO R. Koteeswaran was not available to comment on the matter.

Jan 6, 2016

Budget 2016: Eliminate all surcharges on taxes, says Assocham to Arun Jaitley in pre-budget talks

The meeting was part of a routine exercise.

Jan 6, 2016

Scheme to scrap old vehicles may get green light in budget

Approximately 5.92 crore vehicles older than 15 years need to be scrapped.

Jan 6, 2016

Vodafone India will soon launch 4G in Mumbai; SIM cards available in stores

Customers can go and upgrade their SIMs to 4G-ready SIM's at 56 Vodafone stores located across Mumbai.

Jan 6, 2016

Telecom operators warn of increase in tariffs to make up for call drop fine

Telecom operators are yet to begin compensating their customers, and had said they would wait for a Delhi High Court order on the issue.

Jan 6, 2016

Forbes' 30 under 30: 45 Indians make it to the prestigious list

Six hundred men and women from various sectors are selected every year.

Jan 6, 2016

US Justice department sues Volkswagen for $48 billion for violating environmental laws

The civil lawsuit, announced on Monday, reflects the growing number of allegations against VW

Jan 6, 2016

Oil prices fall towards 11-year low, ignoring tensions in Middle East

Brent crude prices LCOc1 fell 80 cents to settle at $36.42 a barrel.

Jan 6, 2016

Prime Minister Narendra Modi meets oil experts to explore fresh investments

PM Modi met BP's Bob Dudley, IEA's Fatih Birol and Royal Dutch Shell's Harry Brekelmans on Tuesday.

Jan 5, 2016

Railways to invite bids for modernising 400 stations, says finance minister Arun Jaitley

The minister also said state-run ports sector needs to be overhauled and moved towards privatisation.

Jan 5, 2016

Budget 2016: Govt may raise fiscal deficit targets to boost demand

A proposal to postpone the target of achieving 3% fiscal deficit in 2017/2018 by one year is also under consideration.

Jan 5, 2016

Supreme Court slams Mahindra, Toyota, Mercedez for seeking change in order banning diesel cars

"Do your cars emit oxygen," Chief Justice T S Thakur asked Toyota, Mahindra and Mercedez-Benz.

Jan 5, 2016

Manufacturing activity contracts in India, US, China in December; expands in Eurozone

China, India and the US, in addition to Singapore, are witnessing a slump in manufacturing consistently.

Jan 5, 2016

Nitin Gadkari announces road projects worth Rs 41,000 crore for Telangana

The projects include construction of two express highways that would connect the state with Karnataka and Andhra Pradesh.

Jan 5, 2016

TCS still intent on buying Perot Systems: Reports

Dell had bought Perot Systems, which provides IT consulting to hospitals and government agencies, in 2009.

Jan 5, 2016

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Economy News

Indian Overseas Bank mulls closure of regional offices

Budget 2016: Eliminate all surcharges on taxes, says Assocham to Arun Jaitley in pre-budget talks

Scheme to scrap old vehicles may get green light in budget

Vodafone India will soon launch 4G in Mumbai; SIM cards available in stores

Telecom operators warn of increase in tariffs to make up for call drop fine

Forbes' 30 under 30: 45 Indians make it to the prestigious list

US Justice department sues Volkswagen for $48 billion for violating environmental laws

Oil prices fall towards 11-year low, ignoring tensions in Middle East

Prime Minister Narendra Modi meets oil experts to explore fresh investments

Railways to invite bids for modernising 400 stations, says finance minister Arun Jaitley

Budget 2016: Govt may raise fiscal deficit targets to boost demand

Supreme Court slams Mahindra, Toyota, Mercedez for seeking change in order banning diesel cars

Manufacturing activity contracts in India, US, China in December; expands in Eurozone

Nitin Gadkari announces road projects worth Rs 41,000 crore for Telangana

TCS still intent on buying Perot Systems: Reports

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]