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Economy News

small savings mof post office ppf nsc kvp banks recurring deposit scheme senior citizens

Small savings interest rates: Why govt decided to spare PPF, senior citizen scheme, recurring deposits this quarter

Small savings include public provident fund, NSCs, Kisan Vikas Patra and other deposit schemes sold through post offices. Jun 20, 2016
jet airways civil aviation domestic air traffic dgca

Domestic air traffiic: Passenger complaints skyrocket in 2 months

Passengers complaints shot up to 96,361 in May from 46,833 in April, DGCA data shows. Jun 20, 2016
Indian Army

Govt allows 100% FDI in defence, aviation sectors

The new measures are expected to bring higher FDI inflows and contribute to the growth of investment, income and employment. Jun 20, 2016
Aviation Air India IndiGo Jet

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in May

Read here to know the market share of Indigo, Air India, SpiceJet, Go Air, AirAsia India, Jet Airways, Vistara in May. Jun 20, 2016
Oil platform

Oil extends gains as Brexit fears ease

London Brent crude for August delivery was up 34 cents at $49.51 a barrel by 0235 GMT. Jun 20, 2016
Passenger ferries in Turkey

AC passenger boats to connect commuters to Kochi metro by 2020

The Kerala government, German funding agency KfW and Kochi Metro signed an agreement to implement a Rs. 747 crore water transport project. Jun 19, 2016
rbi governor raghuram rajan

Who will replace Raghuram Rajan? [PHOTOS]

Here are the names of seven people, one of whom will replace RBI Governor Raghuram Rajan in September. Jun 19, 2016
raghuram rajan second term india inc jaitley modi sub swamy controversy

Read full text of RBI governor Raghuram Rajan's letter to employees here

Evincing a preference for academics, RBI governor Raghuram Rajan has ruled out seeking a second term at the central bank. Jun 18, 2016
rajan second term repo rate rbi governor sub swamy rajan on arun jaitley

FM Arun Jaitley says Rajan's successor to be announced shortly

In a letter to the central bank staff, Reserve Bank of India chief Raghuram Rajan said he wants to return to academics at Chicago. Jun 18, 2016
Boeing Apache AH 64

Boeing, Tata JV sets up aerospace manufacturing centre at Hyderabad

The facility, once fully established, will be Boeing's only manufacturing centre building fuselages of AH-64 Apache helicopters. Jun 18, 2016

2016 Olympics: Rio declares public calamity as financial crisis mounts

Despite the financial emergency the state assures smooth running of the Games. Jun 18, 2016
Wall Street

Heavy trading predicted around Brexit vote

The June 23 vote could have big implications for the global economy and U.S. stocks. Jun 18, 2016
Brexit

Big firms have more at stake as UK braces for Brexit referendum

The UK-based big businesses are preparing with more funds at hand and confidence-instilling statements for what they least want to happen. Jun 17, 2016

Brazil to exit 34 international organisations to cut costs

Brazil has run up $866 million in arrears with international bodies such as the United Nations due to a fiscal crisis. Jun 17, 2016

Crude oil rises for first time in seven days

Brent crude futures were up 38 cents, or 0.8 percent, at $47.57 a barrel at 0143 GMT after slumping 3.6 percent in the previous session. Jun 17, 2016
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