Economy News

Debt downgrades hit an all-time high in FY16: Crisil

The scope for an improvement in credit quality in the near term is limited, the ratings agency noted.

Apr 4, 2016

Govt may reduce spectrum usage charge ahead of the mega auctions

Reduction in SUC may save up to Rs. 3,200 crore for debt-ridden telecom firms, may also lower tariffs for calls and broadband,

Apr 4, 2016

India missed many chances to lead global growth: FM Arun Jaitley

Arun Jaitley said, at the CII's annual session, that continuing with economic reforms holds the key to India leading the world economy.

Apr 4, 2016

India's factory output hits 8-month high in March

The country's manufacturing activity index rose to 52.4, the highest since 52.3 recorded in August 2015.

Apr 4, 2016

UK firms putting plans on hold ahead of EU vote: Survey

The June 23 referendum represented the biggest single concern for businesses, ahead of slow growth in the euro zone.

Apr 4, 2016

India ranks sixth in world's top manufacturers list

China topped the list as the world's top manufacturing country, according to a United Nations Industrial Development Organisation report.

Apr 3, 2016

Gold repayments to help attract more depositors to monetisation scheme

Prime Minister Narendra Modi had launched the scheme last year to bring the gold stashed in Indian vaults to country's financial mainstream.

Apr 2, 2016

Indian banking system throws up worrying trends, says economist

While deposits grew at a five-decade low, currency circulation is at a disturbing high level, says Ajit Ranade.

Apr 2, 2016

Sixth Economic Census: Establishments grew by 38%, jobs by 41.7% in 8 years

Of the 5.85 crore companies, nearly 60 percent belonged to rural areas, employing 51.9 percent of the workforce.

Apr 2, 2016

Private equity, venture capital inflows into India plunge

Inflows from private equity players, venture capitalists and angel investors dropped 49 percent in the first quarter of calendar year 2016.

Apr 2, 2016

Wall Street off to a solid start in April

The Labor Department's report showed solid gains in nonfarm payrolls in March while the unemployment rate rose to 5 percent from an eight-year low of 4.9 percent.

Apr 2, 2016

Nagpur Metro gets Rs 3,800 crore loan from German development bank KfW

This is expected to be the first "green" metro project in the country, with power coming from rooftop solar panels.

Apr 1, 2016

Bangalore Metro Namma Metro Bangalore infra

EIB extends $512M credit for Lucknow Metro

A functional metro is expected to increase the use of public transport from 10 percent to an estimated 27 percent in Lucknow.

Apr 1, 2016

India's forex reserves slide from historic high

Foreign exchange reserves dropped $387.5 million in the week ended March 25, after hitting an all-time high of $355.94 billion in the preceding week.

Apr 1, 2016

cement index of core industries production IIP

India's February core industrial growth highest in 13 months

The growth was led by fertilizer, cement, electricity and refinery sectors.

Mar 31, 2016

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Economy News

Debt downgrades hit an all-time high in FY16: Crisil

Govt may reduce spectrum usage charge ahead of the mega auctions

India missed many chances to lead global growth: FM Arun Jaitley

India's factory output hits 8-month high in March

UK firms putting plans on hold ahead of EU vote: Survey

India ranks sixth in world's top manufacturers list

Gold repayments to help attract more depositors to monetisation scheme

Indian banking system throws up worrying trends, says economist

Sixth Economic Census: Establishments grew by 38%, jobs by 41.7% in 8 years

Private equity, venture capital inflows into India plunge

Wall Street off to a solid start in April

Nagpur Metro gets Rs 3,800 crore loan from German development bank KfW

EIB extends $512M credit for Lucknow Metro

India's forex reserves slide from historic high

India's February core industrial growth highest in 13 months

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