Economy News

India's finance minister paints grim picture of economic growth in FY21

Finance Minister Nirmala Sitharaman also noted that signs of revival are visible now and India would be among the fastest-growing nations in the next fiscal.

Oct 28, 2020

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said.

Oct 20, 2020

Bangladesh about to overtake India's per capita GDP in 2020: IMF

As per the IMF's prediction, these figures would make India South Asia's third poorest region, with only Pakistan and Nepal reporting lower GDP per capita

Oct 14, 2020

From thinking about the next new normal to making it work: Outbound Midst The Pandemic

I strongly believe that Dubai and Maldives will lead the path for re-starting Indian outbound travel, especially with IPL posing as an enormous opportunity to pace tourism activities

Oct 13, 2020

LTC cash voucher, Rs 10,000 festival advance: How central govt employees benefit | Details inside

The LTC Cash Voucher and Special Festival Advance Transfer are aimed at offering cash benefits to central government employees during the on-going festive season.

Oct 12, 2020

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'Don't levy GST on auto, realty, hospitality for 6 months': PwC report

As the pandemic has severely hit businesses and more so in the case of automobiles, hospitality and real estate sectors, a PwC report has suggested the suspension of Goods and Services Tax (GST) on these sectors for a minimum of six months.

Oct 11, 2020

RBI leaves repo rate unchanged at 4%, annual GDP may shrink 9.5%

The Reserve Bank of India's MPC has decided to keep key rates unchanged while maintaining an accommodative stance. RBI also said that it expects India's real GDP to contract by over 9 per cent for the current fiscal year.

Oct 9, 2020

India Inc expects steady recovery in Oct-Mar FY21: CII CEOs Poll

The business fraternity expects a steady recovery in the Indian economy during the second half of the financial year 2020-21, shows a poll of CEOs done by CII.

Oct 5, 2020

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Unbelievable: Mukesh Ambani got richer by ₹1.5 crore every minute since lockdown began

Mukesh Ambani has topped the Hurun India Rich list for the ninth consecutive year.

Sep 30, 2020

Halted Metro trains cost India dearly; nearly Rs 2,000 Cr lost to lockdowns

The losses for Delhi metro alone run to a whopping Rs 1609 crore due to COVID-19 induced lockdown.

Sep 20, 2020

India's plan for public-private partnerships and investments in railways set to transform the sector

It is going to be a win-win situation for all concerned, CEO of Niti Aayog, Amitabh Kant, said at the press conference at National Media Center, outlining the future of Indian Railways.

Sep 18, 2020

RBI stands battle-ready to take whatever steps needed for Covid-hit Indian economy: Governor Shaktikanta Das

Governor Shaktikanta Das said some high-frequency indicators including agricultural activity, Purchasing Managers Index for manufacturing, certain private estimates for unemployment point to "some stabilisation" of economic activity in the second quarter of the current fiscal year.

Sep 16, 2020

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Economy News

India's finance minister paints grim picture of economic growth in FY21

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

Bangladesh about to overtake India's per capita GDP in 2020: IMF

From thinking about the next new normal to making it work: Outbound Midst The Pandemic

LTC cash voucher, Rs 10,000 festival advance: How central govt employees benefit | Details inside

'Don't levy GST on auto, realty, hospitality for 6 months': PwC report

RBI leaves repo rate unchanged at 4%, annual GDP may shrink 9.5%

India Inc expects steady recovery in Oct-Mar FY21: CII CEOs Poll

Unbelievable: Mukesh Ambani got richer by ₹1.5 crore every minute since lockdown began

Halted Metro trains cost India dearly; nearly Rs 2,000 Cr lost to lockdowns

India's plan for public-private partnerships and investments in railways set to transform the sector

RBI stands battle-ready to take whatever steps needed for Covid-hit Indian economy: Governor Shaktikanta Das

Toyota's latest decision shows what's wrong with India's auto sector

Meet Samir Khare and Rajesh Khullar - the new Exec Directors of Asian Development Bank and World Bank

EPFO to pay interest rate of 8.15% to subscribers for FY20 in two instalments

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