Economy News

RBI Unlikely to Slash Interest Rates as Inflation Remains High

The Reserve Bank, in its fourth bi-monthly policy review on Tuesday, is unlikely to cut interest rates: Care Rating report

Sep 29, 2014

US Business Lobby Queries Narendra Modi's Strategies Ahead of Visit

The US Chamber of Commerce on Thursday questioned the reformist credentials of Prime Minister Narendra Modi.

Sep 26, 2014

Market Rebounds as S&P Upgrades India Outlook to 'Stable' from 'Negative' on Better Politics

This comes as a timely boost for Prime Minister Narendra Modi, who has been aggressively marketing his 'Make in India' slogan among global investors.

Sep 26, 2014

India Likely to Buy Sikorsky Helicopter, Other Arms from US Amid Modi's Visit

The decision could come during a high-profile visit to the United States by Prime Minister Narendra Modi that starts on Friday

Sep 26, 2014

CAG Report Reveals Kerala Can Recover ₹12,000 cr More in Tax

The data was obtained during the audit of all transactions of four years from April 2009 to May 2013 of the commercial taxes department

Sep 25, 2014

Mission 'Make in India': For Modi FDI Stands for First Develop India

PM unveils scheme along with a logo, a portal and brochures on 25 identified growth sectors before Who's Who of the corporate world

Sep 25, 2014

London Ranked World's Most Expensive City while Mumbai Comes 12th - Study

London has been ranked as the most expensive city in the world to live and work in, followed by Hong Kong.

Sep 24, 2014

G20 Deal Opens Way for India to Track Black Money Stashed Abroad

The G20 deal would make it mandatory for all countries to share bank details, including account balances at the end of each year, starting 2017.

Sep 21, 2014

RBI Should Hike Policy Rates to Curb Inflation: IMF

IMF suggests RBI to hike policy rates to curb inflation ahead of Ahead of the G20 Summit meet on 20-21 September at Cairns in Australia

Sep 19, 2014

China's Alibaba to Make a Foray into India through Snapdeal

With China's heightened interest in Indian e-commerce, will Modi's vision of making India a manufacturing base take a hit?

Sep 19, 2014

Fed Renews Zero Rate Pledge, but Hints at Steeper Rate Hike Path

The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than expected when it starts moving.

Sep 18, 2014

August Inflation Drops to 5-Year Low of 3.74 %; Market Dips

The August Wholesale Price Index inflation is the lowest since October 2009 when it stood at 1.8%.

Sep 15, 2014

Floods Cause ₹5,700 Crore Loss to J&K; Trade, Tourism Worst Hit

The state's tourism is divided into three regions: Jammu, Kashmir and Ladakh in the ratio of 40:40:20.

Sep 15, 2014

Economy to Grow at 5.6% in 2014-'15: FICCI Survey

India's GDP is likely to accelerate 5.6% from the projected growth of less than 5% in the current fiscal

Sep 15, 2014

Modi Govt Can Create 69 Million Jobs by 2020 with Pro-job Policy: CRISIL

CRISIL says the time is ripe for that one big, concerted push towards a pro-jobs policy by the Indian Govt

Sep 12, 2014