Economy News

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FICCI-IBA Annual Global Banking Conference: Here is what RBI governor Raghuram Rajan spoke

RBI governor Raghuram Rajan touched upon many bank-related issues during his inaugural address at the FICCI-IBA banking conference.

Aug 17, 2016

Oil trades at fresh August high on hopes producer action

Oil prices reached their highest levels in more than five weeks on Tuesday.

Aug 16, 2016

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7th Pay Commission: Inflation could offset salary hike bonanza for Central government employees

Central government employees and pensioners have not much to cheer from 7th pay comission's salary hike benefit as inflation rises sharply.

Aug 16, 2016

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Wholesale inflation doubles, hits 2-year-high in July; sugar, vegetable prices soar

A day after PM Modi's Independence Day speech claiming success over inflation, comes data that WPI inflation doubles to 3.55 percent in July.

Aug 16, 2016

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Raghuram Rajan at Ficci: RBI keen to strengthen cyber security

It's time to "closely look" at cyber security at Indian banks and RBI is working towards it, says governor Raghuram Rajan.

Aug 16, 2016

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Narendra Modi's Independence Day speech: Prime Minister gets it wrong on inflation

During his Independence Day speech, PM Narendra Modi said inflation has been contained below 6 percent, a factually wrong statement.

Aug 15, 2016

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FM gives nod to merge Rail, Union Budget from next fiscal

Finance Ministry accepts Railway Minister Suresh Prabhu's proposal to club Rail and Union budgets.

Aug 14, 2016

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Brexit is win-win for India-UK ties, says UK minister Priti Patel

Priti Patel, Secretary of State for International Development, U.K., is on an official visit to India to strengthen ties.

Aug 13, 2016

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India's July retail inflation stays above RBI target

The outlook for core inflation remains uncertain due to a shrinking output gap and an expected pick-up in demand-driven price pressures, following full implementation of a major hike in government salaries and pensions.

Aug 12, 2016

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Ticketless travel continues to bleed Indian Railways

The menace of ticketless travel is spread across India, as revealed by periodical checks and penalty collected by the Indian Railways.

Aug 12, 2016

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Weeks after exiting EU, Britain likely slipping into mild recession

According to a Reuters poll, Britain's economy would contract 0.1% this quarter and in the next, technically meeting the definition of recession.

Aug 11, 2016

7th Pay Commission: Central government employees can expect revised allowances by November

Finance Minister Arun Jaitley informed the Rajya Sabha about the panel to examine the allowances proposed by the 7th Pay Commission.

Aug 11, 2016

Foreign tourist arrivals on e-Tourist visa rises 219% in July

Since February 2016, the e-Tourist visa facility has been extended to 150 countries.

Aug 11, 2016

China halts work on $15 billion nuclear waste project after protests

A Chinese city has suspended work on a proposed 100 billion yuan ($15 billion) nuclear waste processing plant following protests

Aug 10, 2016

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RBI soaking foreign inflows to curb impact on rupee, Rajan says

RBI Governor Raghuram Rajan said the central bank is regularly buying dollars to prevent the rupee from becoming too volatile.

Aug 10, 2016

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Economy News

FICCI-IBA Annual Global Banking Conference: Here is what RBI governor Raghuram Rajan spoke

Oil trades at fresh August high on hopes producer action

7th Pay Commission: Inflation could offset salary hike bonanza for Central government employees

Wholesale inflation doubles, hits 2-year-high in July; sugar, vegetable prices soar

Raghuram Rajan at Ficci: RBI keen to strengthen cyber security

Narendra Modi's Independence Day speech: Prime Minister gets it wrong on inflation

FM gives nod to merge Rail, Union Budget from next fiscal

Brexit is win-win for India-UK ties, says UK minister Priti Patel

India's July retail inflation stays above RBI target

Ticketless travel continues to bleed Indian Railways

Weeks after exiting EU, Britain likely slipping into mild recession

7th Pay Commission: Central government employees can expect revised allowances by November

Foreign tourist arrivals on e-Tourist visa rises 219% in July

China halts work on $15 billion nuclear waste project after protests

RBI soaking foreign inflows to curb impact on rupee, Rajan says

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