Economy News

Saudi King Abdullah's Death Fans Speculation over Policy, Oil Jumps

The uncertainty surrounding the oil policy of Saudi Arabia, as it mourns its dead king, drove oil prices up. Brent crude moved as high as $49.80.

Jan 23, 2015

AI to Sell Assets to Prune ₹40k crore Debt; SpiceJet Receives Initial Approval for Revival, Shares Jump

Air India losses have reached 40k crore, with the airline trying to sell real estate. SpiceJet has received initial approval to facilitate management control going to Ajay Singh, who's trying to resurrect the cash-strapped airline.

Jan 22, 2015

Modi Govt Shifts Gears on Disinvestment, Lines Up Stake Sale in NMDC, IOC, NHPC and Dredging Corp

The government is gearing up to launch a slew of alternate stake sales, after its earlier planned offloading at CIL and ONGC hit a road block. Companies now considered include NMDC, NHPC, Dredging Corp and IOC

Jan 22, 2015

Budget 2015: 3-yr FDs could get Tax Exemption; Financial Institutions Call for Introduction of Corporate Tax-Slab

Banking industry representatives have called on the FM to rationalise the maturity period for tax exemption status on fixed deposits so that it is on par with mutual funds at three years.

Jan 22, 2015

Gold at Five-Month High, Breaches $1300 Mark

Demand for gold has increased in the past few days, due to a global slowdown forecast. Silver also saw increased demand from industry and coin-makers.

Jan 21, 2015

pm-modi-offers-prayers-at-varanasi-assi-ghat-launches-swachh-bharat-abhiyan

Modi's Swachh Bharat Abhiyan Sees World Bank Committing $1 Billion

The Clean India Mission is expected to cost more than ₹62,000 crore.

Jan 21, 2015

arun-jaitley-asks-media-to-act-responsibly-towards-important-matters

Budget Proposals Will Be Transparent, Says Arun Jaitley

Arun Jaitley reiterated his stand on a more rationalized tax structure and added that Tier II and III cities would see infra investments go up, benefiting farmers.

Jan 20, 2015

After World Bank, IMF Projects India to Outpace China's Growth in 2016

IMF projects the world's 10th-largest economy to post faster economic growth, overtaking China.

Jan 20, 2015

IMF Lowers Global Growth Forecast as China Records Slowest Growth since 1990

IMF said that the boost from falling oil prices could be offset by factors such as weaker investments.

Jan 20, 2015

jaitley-says-govt-taking-various-steps-for-investment

Arun Jaitley: Investment, Growth Linked to Policy Stability, Rationalised Subsidies

To attract investments and achieve high economic growth, it is necessary to rationalise subsidies and have stable economic policies, according to Union Finance Minister Arun Jaitley.

Jan 19, 2015

'I' Box Office Collection (Day 5): Vikram Starrer Creates History in Kerala

Shankar's directorial "I" continues to mesmerise audience in Kerala.

Jan 19, 2015

Help Railways Cut Energy Costs, Suresh Prabhu tells Experts

The Railway minister asked industry experts to help bring down the energy costs for Railways.

Jan 17, 2015

World Bank President Jim Young Kim and India's Prime Minister Narendra Modi

Govt Adjusts Disinvestment Plan: IOC Stake Sale Possible

The government is likely to bring IndianOil stake to the disinvestment table, as continued uncertainty over policy affecting Coal India and ONGC would prove an impediment to its plans, even as it struggles to limit itself to the 4.1% fiscal deficit.

Jan 17, 2015

it-giant-tcs-pins-hope-in-new-government

What's on TCS CEO's Budget Wishlist? Ease of Doing Business, Simple Tax Dispute Resolution

TCS CEO N Chandrasekaran asked the government to improve the business start-up scenario and to simplify tax dispute resolution provisions.

Jan 17, 2015

'I' Box Office Collection (Day 2): Vikram Starrer Beats 'Bangalore Days' in Kerala

Shankar's "I' has broken the two-day gross collection record of Bangalore Days in Kerala

Jan 16, 2015

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Economy News

Saudi King Abdullah's Death Fans Speculation over Policy, Oil Jumps

AI to Sell Assets to Prune ₹40k crore Debt; SpiceJet Receives Initial Approval for Revival, Shares Jump

Modi Govt Shifts Gears on Disinvestment, Lines Up Stake Sale in NMDC, IOC, NHPC and Dredging Corp

Budget 2015: 3-yr FDs could get Tax Exemption; Financial Institutions Call for Introduction of Corporate Tax-Slab

Gold at Five-Month High, Breaches $1300 Mark

Modi's Swachh Bharat Abhiyan Sees World Bank Committing $1 Billion

Budget Proposals Will Be Transparent, Says Arun Jaitley

After World Bank, IMF Projects India to Outpace China's Growth in 2016

IMF Lowers Global Growth Forecast as China Records Slowest Growth since 1990

Arun Jaitley: Investment, Growth Linked to Policy Stability, Rationalised Subsidies

'I' Box Office Collection (Day 5): Vikram Starrer Creates History in Kerala

Help Railways Cut Energy Costs, Suresh Prabhu tells Experts

Govt Adjusts Disinvestment Plan: IOC Stake Sale Possible

What's on TCS CEO's Budget Wishlist? Ease of Doing Business, Simple Tax Dispute Resolution

'I' Box Office Collection (Day 2): Vikram Starrer Beats 'Bangalore Days' in Kerala

Gujarat man gets both doses of vaccine; tests COVID positive days later [details]

Bigg Boss Malayalam 3 elimination: Came with a bang and Michelle could be out of the house

India in WTC finals: How lower order batting disappointed Washington Sundar's father again

Meet the man behind Tom Cruise's viral deepfakes; explains process behind it [read]

Pooja Bhatt opens up about kissing scene with Sanjay Dutt; Mahesh Bhatt's advice she lives by