Economy News

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

FIPB to consider 15 foreign investment proposals next week

The board will decide proposals of IBM India, Morgan Stanley India Primary Dealer and BNP Paribas Asset Management, among others.

Sep 19, 2016

ids 2016 income declaration scheme arun jaitley fm black money undisclosed income narendra modi govt income tax raids information leak confidentiality

IDS 2016: Taxman gets ready to go after defaulters once amnesty scheme ends

The Income Declaration Scheme (IDS) 2016 is a one-time chance to come clean on undisclosed income.

Sep 19, 2016

National Highways Authority of India (NHAI)

India approves transnational highway project worth $1 billion

The highway project, funded by the Asian Development Bank, will connect India with Bangladesh, Bhutan and Nepal.

Sep 18, 2016

Germans protest against Obama-backed trade deals

Germans are concerned about certain 'controversial' provisions that may have negative impact on consumers.

Sep 17, 2016

Oil hits multi-week lows as growing supplies stoke glut concern

Apart from rising Iranian exports, there are also signs of Nigeria and Libya resuming oil exports, fuelling concerns that a global glut would persist.

Sep 16, 2016

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

The next policy review meeting is scheduled to be held on October 4.

Sep 16, 2016

rupee 20 patel urjit new currency notes denomination rbi issues statement governor rbi

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

The new Rs. 20 note will bear the year as "2016" on the reverse and Urjit Patel's signature on the front, says RBI.

Sep 16, 2016

rupee devaluation dbs bank analyst rao radhika exports import rbi efforts stabilise fcnr fieo reports media competition weak global economy

Rupee devaluation is a bad idea, says DBS Bank economist

The disadvantages far outweigh the likely gains, says Radhika Rao, DBS Bank economist.

Sep 16, 2016

india trade data export import engineering gold deficit external services business global economy data commerce leather others good fine ok august rbi

India's exports fall less than 1% in August; gold imports decline 77%

Exports account for about 20 per cent of India's gross domestic product.

Sep 15, 2016

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

International firms have expressed interest after the government allowed 100 per cent FDI in the food processing segment.

Sep 14, 2016

cement, weak demand, demonetisation, real estate problems, modi, slowdown, indian economy, nirmal bang

Indian cement companies set to gain in coming months: Deutsche Bank

Monsoon-led demand recovery and improved margins are set to reflect in share prices of cement firms, says Deutsche Bank.

Sep 14, 2016

mutual funds mfs blackrock dsp hdfc icici reliance money inflows outflows equity money elss income debt sip managers fund investment rupee appreciate indian

India expected to post first current account surplus in nine years

For the full year ending in March 2017, India is likely to post a deficit even lower than last year's 1.1 per cent of GDP.

Sep 14, 2016

car sales siam domestic exports india pollution vehicle two wheelers trucks scooters siam statistics sales offers discount festive

India adds 94 lakh vehicles to its roads in 5 months

Domestic vehicle sales rise 15.4 percent to 93.91 lakh units between April and August this year, but exports fall.

Sep 14, 2016

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

While Arundhati Bhattacharya ranks second, Chanda Kochhar claims fifth and Shikha Sharma holds the 19th position in the list.

Sep 14, 2016

National Payments Corporation of India expands shareholding base to 56 banks

In the last six years, the umbrella organisation has grown from two million transactions a day to 25 million transactions.

Sep 13, 2016

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Economy News

FIPB to consider 15 foreign investment proposals next week

IDS 2016: Taxman gets ready to go after defaulters once amnesty scheme ends

India approves transnational highway project worth $1 billion

Germans protest against Obama-backed trade deals

Oil hits multi-week lows as growing supplies stoke glut concern

Arun Jaitley hopeful RBI will keep interest rates low due to declining retail inflation

RBI to issue new Rs. 20 currency note carrying Urjit Patel's signature

Rupee devaluation is a bad idea, says DBS Bank economist

India's exports fall less than 1% in August; gold imports decline 77%

Tesco, Sainsburys, Waitrose, Harrods eyeing entry into India

Indian cement companies set to gain in coming months: Deutsche Bank

India expected to post first current account surplus in nine years

India adds 94 lakh vehicles to its roads in 5 months

Chiefs of SBI, ICICI Bank, Axis Bank feature in Fortune list of most powerful women outside US

National Payments Corporation of India expands shareholding base to 56 banks

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