Economy News

IndiGo Makes Largest Global Order for 250 Airbus A320neo aircraft

The deal would be worth $25.7 billion at list prices.

Oct 15, 2014

Petrol Price Cut by ₹ 1 a litre as Crude Oil Prices Dip

Petrol per litre will cost ₹66.65 in Delhi, ₹74.46 in Mumbai,₹74.21 in Kolkata and ₹69.59 in Chennai.

Oct 15, 2014

WTO Overturns India's Ban on US Poultry

India had claimed its import restrictions, imposed in 2007, were justified by international rules on animal health.

Oct 15, 2014

New Price War in Oil Market Could See Prices Free-Falling for a While

The free fall of oil prices is, of course, good news for India.

Oct 14, 2014

Cheaper Food Pushes Retail Inflation to Record Low of 6.46% in Sept

The inflation came down to record low even before the RBI set target to achieve CPI inflation at 6% by 2016.

Oct 14, 2014

Coming Stock Market Crash: Why World's Central Banks Can't Prevent it

Commodity prices, especially energy, are breaking multi-year lows due to fears of a steeper than expected global slowdown.

Oct 14, 2014

Rupee Hits Three-Weeks High of 60.90 after Record Low Retail Inflation

The rupee-dollar pair will move in 60.90 to 61.20 range.

Oct 14, 2014

Gold Price Touches One-Month High with Drop in Dollar, Stocks

A sell-off in the stock markets saw gold-backed exchange-traded funds attracting investors for the first time in a month after heavy outflows.

Oct 14, 2014

Indian Basket's Crude Price Drops Under $90/Barrel

This is possibly the first time that retail prices in India are higher than global rates.

Oct 13, 2014

Top 5 Websites to Watch Out for Diwali Sale in India

Several popular websites have come up with the best offers for this festive season

Oct 11, 2014

'Bang Bang' Box Office: Hrithik Starrer Becomes Highest Grossing Hindi Film in Kerala

Hrithik Roshan thanked Kerala audience for the overwhelming response for his film "Bang Bang".

Oct 11, 2014

Foreign Investors Take Flight following Negative Global Cues

The FPIs went on a selling spree by shedding-off shares worth $200.33 million.

Oct 11, 2014

China Overtakes US as World's Largest Economy in Purchasing Power

China has surpassed the US as the largest economy, a position held by the latter since it overtook the UK in 1872.

Oct 9, 2014

Amazon to Offer Packaged Food and Beverages in India from Diwali

It is also considering setting up a Cloud Services Centre in India.

Oct 2, 2014

Gandhi Jayanti and Narendra Modi's Make in India Campaign: What Should India Make?

Was Gandhi advocating a return to pre-historic times? To struggle and labour?

Oct 2, 2014