Economy News

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Provident fund subscribers can expect higher interest rate, stocks markets willing

If the government decides to invest more PF money in stock markets, the interest rate could go up, benefiting millions of employees.

Aug 22, 2016

Punjab National Bank makes locker visit free; eliminates cap of 12 free visits

PNB removes the cap of 12 free visits to its locker in a year, making locker visits free for its customers.

Aug 21, 2016

New RBI governor Urjit Patel to head monetary policy panel

The decisions whether to cut the policy rates or not will be taken by the majority of the 6-member panel.

Aug 21, 2016

Andhra Pradesh to have first private sector Light Combat Aircraft manufacturing unit

The weapons integration unit is estimated to cost Rs. 2,135 crore.

Aug 21, 2016

China's high-speed train maker begins India operations, plans more plants

CRRC is planning to build more plants to produce trains, locomotive traction systems and other key parts in India.

Aug 21, 2016

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Urjit Patel appointed new Reserve Bank of India governor, to replace Raghuram Rajan

The announcement appointing current RBI deputy governor Urjit Patel as successor to Rajan was made on Saturday.

Aug 20, 2016

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India's foreign exchange reserves rise marginally to $365.82 billion

In its weekly supplement, the RBI said India's foreign exchange reserves rose $73.2 million to $365.82 billion for the week ended Aug. 12.

Aug 20, 2016

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in July

Jet Airways, Go Air, AirAsia India, IndiGo, Vistara and Air India reported divergent trends, according to DGCA data.

Aug 20, 2016

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Bengaluru has many tech parks, shopping malls built on encroached land: BJP member Ramesh

Tech parks and shopping malls built on storm water drains should also be demolished, says Bengaluru BJP member N R Ramesh.

Aug 19, 2016

India to negotiate air service agreements with six countries: Report

Greece, which does not have any foreign rights with India so far, is considering a deal for the first time.

Aug 19, 2016

Brent crude oil prices dip on US profit taking

Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run.

Aug 19, 2016

Arun Jaitley meets Prime Minister Modi to finalise next RBI governor

Out-going central bank Governor Raghuram Rajan will exit office on Sept. 4.

Aug 19, 2016

India-US business leaders target $500 billion trade and investment

According to the IACC, stronger economic ties with the U.S. will boost India's GDP and Per Capita Income.

Aug 18, 2016

An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013

7th Pay Commission: Salary arrears to Central govt employees estimated at Rs. 34,600 crore

India Ratings has estimated the outgo over salary arrears for seven months and August as per the 7th pay commission proposals at Rs. 34,600 crore.

Aug 17, 2016

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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

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Economy News

Provident fund subscribers can expect higher interest rate, stocks markets willing

Punjab National Bank makes locker visit free; eliminates cap of 12 free visits

New RBI governor Urjit Patel to head monetary policy panel

Andhra Pradesh to have first private sector Light Combat Aircraft manufacturing unit

China's high-speed train maker begins India operations, plans more plants

Urjit Patel appointed new Reserve Bank of India governor, to replace Raghuram Rajan

India's foreign exchange reserves rise marginally to $365.82 billion

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in July

Bengaluru has many tech parks, shopping malls built on encroached land: BJP member Ramesh

India to negotiate air service agreements with six countries: Report

Brent crude oil prices dip on US profit taking

Arun Jaitley meets Prime Minister Modi to finalise next RBI governor

India-US business leaders target $500 billion trade and investment

7th Pay Commission: Salary arrears to Central govt employees estimated at Rs. 34,600 crore

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

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