Economy News

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Delhi High Court seeks Centre, RBI's response on surcharge levied on card payments

The notices were issued in response to a plea seeking removal of surcharge and convenience fee, with response sought by August 19.

May 17, 2016

US reveals $117-billion exposure to Saudi investments

The exposure is "surprisingly not that much," but the stockpiling could be larger than reported.

May 17, 2016

India crude oil imports crude oil prices petrol diesel kerosene indian oil corporation IOC

India's honeymoon on inflation, current account may be over: Uday Kotak

Global crude oil prices are hovering around $50 per barrel, tweeted banker Uday Kotak, MD of Kotak Mahindra Bank.

May 17, 2016

UK job vacancies fall on Brexit worries, higher minimum wage: Survey

Job openings dropped by 9 percent in April from March and were down a hefty 27 percent versus a year ago.

May 17, 2016

Singapore India tax treaty DTAA Mauritius India capital gains FDI investments

Renegotiation of tax treaty with Singapore on the anvil: FM Arun Jaitley

It will be in line with the amended double tax avoidance agreement signed with Mauritius on capital gains, said Arun Jaitley.

May 16, 2016

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Indian banks akin to patients in ICU; surgery was inevitable: RBI deputy governor

SS Mundra, deputy governor of Reserve Bank of India (RBI), says the surgery has been "successful" but now banks need to "change their lifestyle".

May 16, 2016

India's wholesale price inflation rises first time in 17 months

A spike in inflation rate by 0.34 percent in April 2016 was driven by price rise in food articles and products.

May 16, 2016

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'Sawan ko aane do' is the heartfelt expectation of all Indians: SBI chief Arundhati Bhattacharya

In India, 75 percent of the rainfall occurs between June and September; 60 percent of the cropped area is rain-fed, says SBI.

May 16, 2016

SEBI listing norms BSE NSE shares market regulator

Sebi plans to attach properties, bank accounts of promoters for repeatedly violating listing norms: Report

The proposed changes by Securities and Exchange Board of India (Sebi) will kick in if the infringements happen in two consecutive quarters.

May 16, 2016

Vijay Mallya ready to return to India if assured of his safety, freedom

Mallya, whose company owes banks about Rs. 9,000 crore, has the support of United Breweries Ltd. board, the Economic Times reported.

May 16, 2016

Delhi's per capita income for FY17 may rise to Rs. 2.8 lakh

State-wise performance of Delhi is better when compared to other states such as Bihar, Haryana, Odisha and Madhya Pradesh.

May 15, 2016

China asks Britain for advice on creating financial super-regulator

The talks signal Beijing's growing willingness to seek outside help to improve regulation of its financial infrastructure.

May 15, 2016

Bank of Baroda psu banks psb state-run banks banks bob bank losses bank results q1 net profit revenue interest share price bse bank stocks nifty 50 sensex

Bank of Baroda, Dena Bank, Allahabad Bank and UCO Bank bad loans double

State-run banks Bank of Baroda, UCO Bank, Allahabad Bank and Dena Bank had cumulative bad loans (net NPAs) of Rs. 46,372 crore by March 2016.

May 14, 2016

Thomas Piketty says Brexit would be political suicide for UK

Rock star French economist made remarks at announcement his book Capital will be turned into a film.

May 14, 2016

NITI Aayog's new 15-year vision to replace Five-Year Plan from 2017

The new vision will include internal security, defence and sustainable goals alongside the social and economic goals.

May 14, 2016

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Economy News

Delhi High Court seeks Centre, RBI's response on surcharge levied on card payments

US reveals $117-billion exposure to Saudi investments

India's honeymoon on inflation, current account may be over: Uday Kotak

UK job vacancies fall on Brexit worries, higher minimum wage: Survey

Renegotiation of tax treaty with Singapore on the anvil: FM Arun Jaitley

Indian banks akin to patients in ICU; surgery was inevitable: RBI deputy governor

India's wholesale price inflation rises first time in 17 months

'Sawan ko aane do' is the heartfelt expectation of all Indians: SBI chief Arundhati Bhattacharya

Sebi plans to attach properties, bank accounts of promoters for repeatedly violating listing norms: Report

Vijay Mallya ready to return to India if assured of his safety, freedom

Delhi's per capita income for FY17 may rise to Rs. 2.8 lakh

China asks Britain for advice on creating financial super-regulator

Bank of Baroda, Dena Bank, Allahabad Bank and UCO Bank bad loans double

Thomas Piketty says Brexit would be political suicide for UK

NITI Aayog's new 15-year vision to replace Five-Year Plan from 2017

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