Economy News

ED attaches Vijay Mallya's assets worth Rs. 6,630 crore in bank fraud case

So far, the total attachment made by the agency in the case has now gone up to over Rs. 8,000 crore.

Sep 3, 2016

rbi rajan ficci event fibac global conference bank banking bankers 2016 icfai mumbai cyber security regulator npa repo rate policy statement

Ranking of India's bank governor should be raised: Raghuram Rajan

Rajan said the ranking of the RBI governor, currently at cabinet secretary level, needed to be commensurate with the role.

Sep 3, 2016

India offers $500 million worth credit line to Vietnam for defence cooperation

India and Vietnam earlier signed 12 agreements.

Sep 3, 2016

Bharat Bandh 2016: What will remain open despite nationwide strike on Sept. 2?

Bharat Bandh impact: Assocham pegs losses at Rs. 18,000 crore

Industrial production and businesses were affected in the states of Karnataka, Uttar Pradesh and Haryana.

Sep 3, 2016

bharat bandh strike september 2 workers wages salary trade unions citu cpm jaitley modi labour minister finance agri fdi demands protest psu bank

Bharat bandh: Sept. 2 strike likely to cause loss of more than Rs. 25,000 crore

A similar strike last year on Sept. 2 paralysed normal life in many parts of India besides causing a loss running into thousands of crores, as estimated by Assocham.

Sep 1, 2016

gdp india manufacturing economy growth june q1 sector decline asia economy

India's manufacturing PMI hits 13-month high in August

The country's manufacturing PMI rose to 13-month high in August to 52.6 on the back of domestic and export orders, according to IHS Markit Nikkei India PMI.

Sep 1, 2016

Jet fuel prices fall 3.8% in September, aviation stocks rise

The new aviation turbine fuel prices will be effective from September 1.

Sep 1, 2016

PM Modi approves advancing Union Budget presentation

Prime Minister Narendra Modi has set March 30 as the date for parliament approval for the general budget.

Sep 1, 2016

construction workers real estate residential property increase activity gst rest reit bill tax rate standard india metros rent owner launches launch gdp june slowdown

India grows at slowest pace in six quarters; mining, construction disappoint

India, the world's fastest-growing economy, grew at 7.1 percent in June quarter as against 7.9 percent in March quarter.

Aug 31, 2016

supreme court diesel cars ban lifted siam damage loss toyota maruti tata mahindra mercedez audi honda hyundai essar ruia vijay mallya

Diesel car sale ban: SC delivered Rs. 4,000 crore blow, says auto industry body Siam

In December last year, the Supreme Court imposed a ban on sales of diesel cars in Delhi; the ban was lifted early this month.

Aug 31, 2016

7th pay commission 7th cpc central govt karnataka employees pensioners parity pay salary pensioners allowances

7th Pay Commission: Salary arrears for seven months credited to bank accounts of pensioners

The arrears for seven months and revised pension for August as recommended by 7th pay commission were credited on Tuesday.

Aug 31, 2016

Cabinet grants Permanent Residency Status to foreign investors

The Permanent Residency Status will be granted for a period of 10 years with multiple entry in a bid to attract investments.

Aug 31, 2016

IOC, HPCL, BPCL to form joint venture for managing jet fuel sales

Airports Authority of India is expected to hold 25 percent equity stake in the joint venture.

Aug 31, 2016

Bharat bandh: Trade unions reject Modi Govt sops to workers; firm on September 2 strike

Trade unions refused to call off their September 2 strike call despite FM Arun Jaitley announces higher daily wages, bonus for Central govt staff.

Aug 30, 2016

Pension freedoms: Five biggest risks to taking out your savings early

465,000 people have taken cash out of their private pensions since the rules were introduced in 2015.

Aug 30, 2016

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Economy News

ED attaches Vijay Mallya's assets worth Rs. 6,630 crore in bank fraud case

Ranking of India's bank governor should be raised: Raghuram Rajan

India offers $500 million worth credit line to Vietnam for defence cooperation

Bharat Bandh impact: Assocham pegs losses at Rs. 18,000 crore

Bharat bandh: Sept. 2 strike likely to cause loss of more than Rs. 25,000 crore

India's manufacturing PMI hits 13-month high in August

Jet fuel prices fall 3.8% in September, aviation stocks rise

PM Modi approves advancing Union Budget presentation

India grows at slowest pace in six quarters; mining, construction disappoint

Diesel car sale ban: SC delivered Rs. 4,000 crore blow, says auto industry body Siam

7th Pay Commission: Salary arrears for seven months credited to bank accounts of pensioners

Cabinet grants Permanent Residency Status to foreign investors

IOC, HPCL, BPCL to form joint venture for managing jet fuel sales

Bharat bandh: Trade unions reject Modi Govt sops to workers; firm on September 2 strike

Pension freedoms: Five biggest risks to taking out your savings early

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