Economy News

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Kolkata-based Anandabazar Patrika reported that Rajan has requested the prime minister to relieve him of his duties after his tenure ends in early September.

Jun 1, 2016

World's longest rail tunnel witnesses maiden train journey in Switzerland

The tunnel, situated under the Alps, measures 57 km in length and cost $11 billion to build.

Jun 1, 2016

No restriction now on mutual fund redemption up to Rs. 2 lakh

Sebi issued a new circular on norms governing redemptions by mutual fund investors on Tuesday.

Jun 1, 2016

Emerging economies spent more than rich nations on renewable power: Report

Global investments in renewables reached a peak of $286 billion last year, BBC reported.

Jun 1, 2016

Rajan's reappointment as RBI chief likely under Modi's rule

With Modi's patronage, it is more likely the government will reappoint Rajan, whose three-year term expires in September.

Jun 1, 2016

India's per capita income grows 7.4% to Rs. 93,293

The country's national income registered 7.5 percent growth to Rs.112.12 lakh crore during 2015-16.

May 31, 2016

India's GDP grows at 7.9% in March quarter

For full financial year 2015-2016, the country registered a GDP growth rate of 7.6 percent. Agriculture and mining industry were the key drivers of growth this quarter.

May 31, 2016

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India is a lower-middle economy, below other BRICS countries: World Bank

The World Bank ranking classifies countries on the basis of gross national income.

May 31, 2016

PF withdrawals up to Rs. 50,000 won't be subject to TDS from June 1

The limit on PF withdrawals has been hiked from the existing Rs. 30,000, according to a government notification.

May 31, 2016

US oil prices rise on start of summer driving season

Demand in North America is set to pick up along with the official start of the U.S. summer driving season this week.

May 31, 2016

India set to retain fastest growing economy tag

Narendra Modi's policies are having some success as cooling inflation and lower interest rates have boosted consumer demand.

May 31, 2016

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Future of Asia Conference: India poised to lead global growth over next decade, says former Singapore PM

Goh Chok Tong said as China is slowing, India is the engine of the world growth.

May 30, 2016

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Uber, Ola cabs cannot ply in Karnataka without licence

Taxi aggregators such as Ola and Uber will now have to compulsorily secure a licence from the Karnataka government to operate in the state.

May 30, 2016

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Gold slides to three-month low as dollar soars after Yellen comments

U.S. Federal Reserve chief Janet Yellen had said the central bank could raise interest rates in the coming months.

May 30, 2016

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Chidambaram comes to the defence of Rajan, wonders whether Modi govt 'deserves' him

Former finance minister P Chidambaram spoke in defence of RBI chief Raghuram Rajan in the wake of Subramanian Swamy's attacks on him.

May 28, 2016

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Economy News

RBI Governor Raghuram Rajan not seeking 2nd term: Report

World's longest rail tunnel witnesses maiden train journey in Switzerland

No restriction now on mutual fund redemption up to Rs. 2 lakh

Emerging economies spent more than rich nations on renewable power: Report

Rajan's reappointment as RBI chief likely under Modi's rule

India's per capita income grows 7.4% to Rs. 93,293

India's GDP grows at 7.9% in March quarter

India is a lower-middle economy, below other BRICS countries: World Bank

PF withdrawals up to Rs. 50,000 won't be subject to TDS from June 1

US oil prices rise on start of summer driving season

India set to retain fastest growing economy tag

Future of Asia Conference: India poised to lead global growth over next decade, says former Singapore PM

Uber, Ola cabs cannot ply in Karnataka without licence

Gold slides to three-month low as dollar soars after Yellen comments

Chidambaram comes to the defence of Rajan, wonders whether Modi govt 'deserves' him

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