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Economy News

Urjit Patel

RBI Governor Urjit Patel to maintain liberal stance on interest rates, liquidity

However, It is not clear whether the RBI and the MPC would wait for more data instead of cutting rates on October 4. Sep 26, 2016
Rajasthan tourism

Tourism summit 2016: 86 agreements worth Rs 15,000 crore inked

Tourism and Culture Minister Mahesh Sharma has assured the support and assistance of the ministry for investment projects. Sep 26, 2016
Indian Railways

Railway employees may get 78-day pay as bonus before Dussehra

The decision of paying the bonus could cost the railways, already facing financial crunch, about Rs 2,000 crore. Sep 25, 2016

After GST, 10,000 firms expected to be listed on Bombay Stock Exchange

GST tax regime will be beneficial to the smaller firms, which would help them grow faster and bring in more transparency. Sep 25, 2016
september car sales maruti suzuki sales domestic exports hyundai india economy buzz share price mahindra tata motors ford honda tkm renault kwid bmw mercedes

September car, two-wheeler sales likely to show robust growth

The 7th pay panel recommendations, along with the festive season, are likely to drive car and two-wheeler sales in September. Sep 24, 2016
rupee tax collection indirect collection customs direct excise stt swachch bharat cess arun jaitley tweets finance ministry refund

IDS 2016: Collection details under amnesty scheme leak

Information about collections under the IDS 2016 are emerging, despite the government assuring "complete confidentiality." Sep 24, 2016
Olx

72% of used cars in India sold on Olx: Report

Selling online is preferred as it is considered to be hassle-free and less time consuming. Sep 23, 2016
india forex reserves rbi foreign exchange dollar buying importers exporters falling rupee value fii stock buying bse debt market

India's foreign exchange reserves slide from record high

RBI data released on Friday shows that India's foreign exchange reserves fell $1.67 billion to $369.6 billion. Sep 23, 2016
GST Bill tax exemption

GST Council fixes annual turnover limit at Rs 20 lakh

The GST Council will meet again on 30 September to decide the draft rules and other area-based exemptions. Sep 23, 2016
Will be house be demolished in Bengaluru?

Illegal construction in Bengaluru: Find out if your house will be demolished using this online tool

This app will tell you if your house is illegally constructed or not, as per BBMP's rajakaluve map. Sep 23, 2016
jobless growth factory manufacturing workers gdp economic growth modi govt nda bjp

India witnessing 'jobless' growth: Modi minister

YS Chowdary,leader of NDA ally TDP, holds the science and technology portfolio in Modi government. Sep 23, 2016
Reserve Bank of India

India's current account deficit falls drastically to $300 million in June quarter

Meanwhile, net FDI dropped to $4.1 billion in the first quarter, primarily on account of external loan repayments. Sep 22, 2016
bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

Union Cabinet appoints 3 external members to Monetary Policy Committee

The six-member committee would also include RBI Governor Urjit Patel and two senior officials of the monetary policy department. Sep 22, 2016
China exports

India's crude steel production rises 9.4% in August 2016

India produced 8.1 Mt of crude steel in August, according to World Steel Association. Sep 22, 2016
China high speed train

Bullet train project: Indian Railways launches drive to hire top management

The railways invites applicants for the top four posts in the newly-formed National Highway Speed Rail Corp Ltd. Sep 21, 2016
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