Economy News

This is how the industry reacted to RBI's 25bps rate cut

The repo rate cut sends a strong signal to maintain growth in view of the benign inflation and deficient demand, according to the CII.

Apr 5, 2016

Here is how RBI governor Raghuram Rajan views the global economy

At the first FY2017 bi-monthly monetary policy review meeting Tuesday, Raghuram Rajan gave a comprehensive view of the global economy.

Apr 5, 2016

Poor monsoon, rupee decline could spike inflation: Moody's

The credit rating agency's caution is similar to the concerns expressed by the RBI after Tuesday's monetary policy review meet.

Apr 5, 2016

RBI cuts repo rate by 25 basis points

Liquidity deficit had worsened from Rs.1.69 trillion as on 28 Jan to Rs. 2.8 trillion as on 2 April 2016.

Apr 5, 2016

Stake sale in 16 PSUs to fetch Rs. 40,000 crore for govt in FY17

Stake sales in Coal India, ONGC and NMDC are likely to raise Rs. 18,000 crore, Rs. 9,000 crore and Rs. 3,800 crore, respectively.

Apr 4, 2016

Assets under management of mutual funds grow 14% in FY16

The total assets under management of India's 43 mutual funds rose to Rs. 13.53 lakh crore in financial year 2015-16.

Apr 4, 2016

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

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Economy News

This is how the industry reacted to RBI's 25bps rate cut

Here is how RBI governor Raghuram Rajan views the global economy

Poor monsoon, rupee decline could spike inflation: Moody's

RBI cuts repo rate by 25 basis points

Stake sale in 16 PSUs to fetch Rs. 40,000 crore for govt in FY17

Assets under management of mutual funds grow 14% in FY16

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

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

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Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

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