Economy News

Iran overtakes Saudi Arabia as top oil supplier to India

India's oil imports from Iran have shot up this year after those sanctions were lifted in January.

Nov 17, 2016

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Income tax authorities to impose 200% penalty on any "abnormal" rise in income

The government will review any high-value cash deposits and match them with the income tax return filed by the person and scrutinize in case of any mismatch.

Nov 17, 2016

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Demonetisation: Kejriwal, Mamata address rally in Delhi, demand rollback within 3 days

"If you have courage, send us to jail or shoot us. But we will continue fighting," Mamata Banerjee said.

Nov 17, 2016

7th Pay Commission: Decision on allowances postponed due to demonetisation

A decision on raising allowances as proposed by the 7th Central Pay Commission is reportedly on hold due to the demonetisation crisis.

Nov 17, 2016

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SBI, ICICI Bank, HDFC Bank cut deposit rates, thanks to demonetisation

HDFC Bank, ICICI Bank slash interest rates on deposits as cash surge after demonetisation swells their CASA ratio.

Nov 17, 2016

This is demonisation of cash, not demonetisation: Chidambaram

No big economy has taken up demonetisation in last 50 years, the former finance minister said in a media interview.

Nov 17, 2016

Demonetisation: #IAmWithModi goes viral on social media; are you with PM Modi?

Do you support the PM's fight against black money? Would you spend a couple of hours at the bank for economic equality?

Nov 17, 2016

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts.

Nov 17, 2016

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Currency ban: 12,500 ATMs being recalibrated every day to deliver new Rs 2,000 and Rs 500 notes

Arun Jaitley has said that all necessary steps are being taken to ensure that the old notes are replaced swiftly.

Nov 17, 2016

Morning brief: Opposition on demonetisation, Zuckerberg's Twitter account hacked, Ricky Martin gets engaged and more

Also read about the ATP World Tour Finals and chikungunya and Zika virus.

Nov 17, 2016

Zareen Khan in Maahi Ve song from Wajah Tum Ho

Evening wrap: Sushma Swaraj in hospital, SBI writes off Kingfisher Airlines loans, Zareen Khan in hot avatar and more

Read about Sitaram Yechury calling the prime minister "Modi Antoinette" and Messi ending all interactions with Argentine media.

Nov 16, 2016

Rural India protesting against land acquisitions

Land disputes threaten $179 billion worth of projects in India: Report

Almost 80% of land conflicts arise out of development and industrialisation processes, a report by RRI and TISS highlights.

Nov 16, 2016

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Nasscom cuts revenue growth guidance to 8-10% for FY2017

The earlier projected revenue guidance in constant currency terms for 2016-17 by Nasscom was 10-12 percent.

Nov 16, 2016

Demonetisation effect: Luxury property prices likely to slide 25%

Buyers sourcing their wealth through legal channels can rejoice as developers and sellers are desperate to offload properties.

Nov 16, 2016

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Falling inflation makes a strong case for rate cut by RBI, say analysts

Retail inflation fell to 14-month low of 4.20 percent for October and this could be a reason for the RBI to cut repo (policy) rate.

Nov 16, 2016

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Economy News

Iran overtakes Saudi Arabia as top oil supplier to India

Income tax authorities to impose 200% penalty on any "abnormal" rise in income

Demonetisation: Kejriwal, Mamata address rally in Delhi, demand rollback within 3 days

7th Pay Commission: Decision on allowances postponed due to demonetisation

SBI, ICICI Bank, HDFC Bank cut deposit rates, thanks to demonetisation

This is demonisation of cash, not demonetisation: Chidambaram

Demonetisation: #IAmWithModi goes viral on social media; are you with PM Modi?

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Currency ban: 12,500 ATMs being recalibrated every day to deliver new Rs 2,000 and Rs 500 notes

Morning brief: Opposition on demonetisation, Zuckerberg's Twitter account hacked, Ricky Martin gets engaged and more

Evening wrap: Sushma Swaraj in hospital, SBI writes off Kingfisher Airlines loans, Zareen Khan in hot avatar and more

Land disputes threaten $179 billion worth of projects in India: Report

Nasscom cuts revenue growth guidance to 8-10% for FY2017

Demonetisation effect: Luxury property prices likely to slide 25%

Falling inflation makes a strong case for rate cut by RBI, say analysts

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