Economy News

Rupee opens with gains; Lupin, HUL lead Sensex rally, Tata Motors down 2%

The Indian rupee opened at 67.77 to the U.S. dollar on Tuesday; the BSE Sensex was up 55 points, led by Lupin and HUL.

Jun 28, 2016

7th pay commission 7th cpc north block finance ministry delhi modi government

7th Pay Commission: Modi Govt likely to approve 23.5% hike on Wednesday; 1 crore employees and pensioners to benefit

The finance ministry's note on implementing the 7th Pay Commission proposals is ready, confirmed a senior official.

Jun 28, 2016

India GDP agriculture gdp estimate rural demand

Brexit unlikely to affect India's growth: Crisil

However, the rating agency warned that the rupee will see volatility in the coming weeks.

Jun 27, 2016

Urjit Patel, Subir Gokarn, Arundhati Bhattarcharya, Rakesh Mohan in race to replace Rajan: Report

While Bhattarcharya heads State Bank of India, Patel is the deputy governor at RBI, a post that Mohan and Gokarn have held earlier.

Jun 27, 2016

George Osborne says Britain can cope with EU vote fallout but it will be difficult

Volatility, uncertainty and EU trade deals are the main challenges facing Britain in the aftermath of EU referendum.

Jun 27, 2016

european union brexit britain referendum vote bremain

British EU vote unnerves world leaders and markets

Britain's Prime Minister David Cameron is expected to stay on in a caretaker role until the UK Conservative Party elects a new leader.

Jun 27, 2016

Goldman sees post-Brexit UK recession; cuts EU, U.S. growth views

They expect the victorious "leave" outcome in the June 23 referendum to chop a cumulative 2.75 percent off UK gross domestic product in the next 18 months.

Jun 27, 2016

India to roll out new multiple-entry visa to attract foreign tourists

The multiple-entry visa may be offered for up to 10 years, however, the visitor will not be allowed to stay in India over a period of 60 days.

Jun 26, 2016

Gujarat's first regional flight takes off

The Gujarat government aims to create state-art-of-the-art civil aviation infrastructure.

Jun 26, 2016

Britain's credit rating slashed to 'negative' by Moody's, borrowing costs likely to rise

The slashing of Britain's rating from "stable" to "negative" would raise interest rates for business, government and households.

Jun 25, 2016

arrangement-of-various-world-currencies-including-chinese-yuan-japanese-yen-us-dollar-euro-british-pound-swiss-franc-and-pictured-in-warsaw

Brexit cost world equity markets $2.1 trillion

India's Sensex closed 2.24 percent lower, wiping out nearly 1.79 lakh crore in total investor wealth.

Jun 25, 2016

Early to gauge Brexit implication on world economy, says RBI Chief

Brexit may have some initial repercussion on the country, but India is relatively on a stronger path, feels Raghuram Rajan.

Jun 25, 2016

Indian garment exporters see opportunity in Brexit

The industry wants the government to negotiate a bilateral Free Trade Agreement with the U.K. to increase each other's trade prospects.

Jun 24, 2016

India's forex reserves hit record high of $363.83 billion amid market turmoil

Analsyts said FX reserves rose mainly on currency valuations.

Jun 24, 2016

thomas cook brexit currencies euro sale halt

Thomas Cook suspends online currency sales; Indians stand to gain from pound devaluation

The unexpected rise in demand for euros is an outcome of panic euro buying by British people after Brexit results.

Jun 24, 2016

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Economy News

Rupee opens with gains; Lupin, HUL lead Sensex rally, Tata Motors down 2%

7th Pay Commission: Modi Govt likely to approve 23.5% hike on Wednesday; 1 crore employees and pensioners to benefit

Brexit unlikely to affect India's growth: Crisil

Urjit Patel, Subir Gokarn, Arundhati Bhattarcharya, Rakesh Mohan in race to replace Rajan: Report

George Osborne says Britain can cope with EU vote fallout but it will be difficult

British EU vote unnerves world leaders and markets

Goldman sees post-Brexit UK recession; cuts EU, U.S. growth views

India to roll out new multiple-entry visa to attract foreign tourists

Gujarat's first regional flight takes off

Britain's credit rating slashed to 'negative' by Moody's, borrowing costs likely to rise

Brexit cost world equity markets $2.1 trillion

Early to gauge Brexit implication on world economy, says RBI Chief

Indian garment exporters see opportunity in Brexit

India's forex reserves hit record high of $363.83 billion amid market turmoil

Thomas Cook suspends online currency sales; Indians stand to gain from pound devaluation

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