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Economy News

Subir Gokarn

Subir Gokarn will make a suitable central bank governor: Former RBI chief D Subbarao

Subir Gokarn's name has been doing the rounds as a possible candidate to replace Raghuram Rajan. Jul 26, 2016
Crude oil

Oil prices edge away from 3-month lows, but mood remains bearish

Brent hit its lowest level since May the previous day, while WTI hit its lowest level since April. Jul 26, 2016
led fraud websites piyush goyal Energy Efficiency Services Limited UJALA 9W LED bulbs

LED bulbs: EESL warns against fake websites using PM Modi's image to cheat consumers

The Modi government has warned against fraudulent websites selling LED bulbs under the UJALA programme. Jul 25, 2016
Cadbury

Central Vigilance Commission expands probe into alleged Rs. 580 crore excise duty evasion by Cadbury

The Central Vigilance Commission has sought information from U.S. authorities over the alleged excise duty evasion. Jul 25, 2016
Crude oil prices

Crude stays near two-month low on oil glut worries

A strong dollar and the fourth weekly rise in the U.S. oil rig count have helped relieve pressure on crude futures. Jul 25, 2016
Startups in India

Govt eases eligibility for start-up businesses, just 1 certificate required

The certificate would be enough for the start-up firms to avail Intellectual Property Rights (IPR) and tax benefits from the govt. Jul 24, 2016
india monsoon rainfall imd surplus deficit spread average above normal modi sowing floods deaths romantic romance mumbai

India receives surplus rainfall till July 20; sowing activity picks up momentum

Sowing is in full swing across India after the southwest monsoon rainfall until July 20 has been on expected lines. Jul 23, 2016
IMF

Top G20 nations need to spend more for global growth: IMF

Large infrastructure projects have the power to boost short-term demand directly and catalyse private investment. Jul 23, 2016
Aadhaar-based ATM

India's financial inclusion may not mean well-being of its citizenry

Though India's growth rate was strong, it was slightly less effective in converting growth into well being measured by income levels. Jul 22, 2016
Tamil Nadu govt budget 2016 elections jayalalithaa aiadmk dmk bjp congress Finance Minister O. Panneerselvam

7th Pay Commission effect? Tamil Nadu govt hikes salary provision for employees, pensioners in budget 2016-17

Jayalalithaa's AIADMK government raises provision for salaries of employees while PM Modi is indecisive on implementing 7th pay commission. Jul 22, 2016
Civil Aviation

Cabinet approves Air Service Agreement between India, Mozambique

India and Mozambique initiated a process of consultation to finalise the text of the Air Services Agreement in 2011. Jul 21, 2016
cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

Govt's plan of changing financial year gets Niti Aayog's boost

The Niti panel, after a detailed review of the history and legal provisions, indicated its inclination to sync the fiscal year with the calendar year. Jul 21, 2016

Asian shares at nine-month highs on inflow bets; dollar strong

Portfolio inflows to emerging market assets rose to the highest level in nearly three years last week Jul 21, 2016
Newspaper Mart

Govt turns down hiking foreign direct investment in print media to 49%

In November 2015, the government raised the limit for FDI in TV News to 49 percent. Jul 20, 2016
India Inc

India Inc's merger and acquisition deals hit $15.7 billion in H1 2016

The inbound transactions, however, hit a 6-year low as implications from global polity and Brexit referendum loomed large. Jul 20, 2016
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Declared dead, found alive: Missing woman reunited with family after 11 years in Poonch
Zomato, Blinkit parent Eternal gets Rs 3.7 crore GST demand order
Zomato raises platform fee from ₹2.40 To ₹14.90 per order; Magicpin holds prices amid cost pressure
Sobhita Dhulipala sports sleek bob, flaunts midriff in see-through Sabyasachi saree; attends awards with husband Naga Chaitanya
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India confirms death of Indian national in Riyadh amid West Asia conflict
India confirms death of Indian national in Riyadh amid West Asia conflict
SBI receives Rs 63,375 crore tax demand order
SBI receives Rs 63,375 crore tax demand order
Safe passage to Indian vessels through Strait of Hormuz demonstrates Tehran's friendship: Iranian diplomat
Safe passage to Indian vessels through Strait of Hormuz demonstrates Tehran's friendship: Iranian diplomat
Income-tax rules 2026 notified: Govt tightens compliance, makes filing simpler
Income-tax rules 2026 notified: Govt tightens compliance, makes filing simpler
Premium petrol prices hiked by over Rs 2, no change in regular fuel rates
Premium petrol prices hiked by over Rs 2, no change in regular fuel rates
The Nifty dropped 775.65 points, or 3.26 per cent, to close at 23,002.15, while the Sensex fell 2,496.89 points, or 3.26 per cent, to settle at 74,207.24.
Sensex rises 325 points to 74,532, Nifty gains 112 points to settle at 23,114
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