Economy News

How RBI Governor Raghuram Rajan views the global economy

Rajan said outlook on emerging market economies remains challenging on account of geo-political tensions and high volatility in financial markets.

Jun 7, 2016

RBI Monetary policy: Rajan holds rate but inflation reference suggests hawkish policy

The unchanged rate signals the prospect of another cut later this year if monsoon rains dampen upward pressure

Jun 7, 2016

US asks China to remove barriers for foreign business

U.S. business groups have also complained about new Chinese regulations which favour local firms.

Jun 7, 2016

Steering committee to analyse, recommend restructuring of PSU banks' bad loans

The banks were asked to propose a "commercially prudent" mechanism for loan settlements.

Jun 6, 2016

retail ease of doing business gdri marks and spencer

Ease of doing business: India jumps 13 positions in one year to rank at second in 2016

The Global Retail Development Index (GRDI) 2016 places India at 2nd position in the list of 30 developing countries.

Jun 6, 2016

IRCTC ticket sales online railway ticket sales Indian Railways

PM Modi 'unhappy' with 'blue-eyed boy' Suresh Prabhu over delays in redevelopment of stations, Rail University

Narendra Modi expressed unhappiness over little "visible progress" with regard to redeveloping railway stations, augmenting ad revenues.

Jun 6, 2016

Compensation for flight delays, cancellations may be doubled

In April, 1,149 passengers were denied boarding by the airlines and compensation worth of Rs. 40 lakh was paid to them.

Jun 6, 2016

Saudi Arabia's reform plan 'Vision 2030' approved by economic council

Deputy Crown Prince Mohammed bin Salman will be put before the cabinet the Vision 2030 reforms plan for approval on Monday.

Jun 6, 2016

China promises to improve laws, Govt services to boost private investment

China is counting on its private sector to invest more in the economy as the government tries to shift away from state-run heavy industry.

Jun 5, 2016

Union Minister for Science & Technology and Earth Sciences Harsh Vardhan

India will double its investment in clean energy research in five years: Harsh Vardhan

The investment will go up from $72 million to $145 million in the next half decade, the minister said at a meet in the U.S.

Jun 4, 2016

India in talks with Bangladesh over developing Payra sea port

Bangladesh reportedly cancelled an agreement with China regarding the Payra port, and instead, was ready to hand it over to India.

Jun 4, 2016

U.S. lawmakers probe Fed cyber breaches, cite 'serious concerns'

The House Committee on Science, Space and Technology sent a letter to Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information.

Jun 4, 2016

indian oil ioc petrol pump saudi aramco total bp

Saudi Aramco, Total, BP eye Indian fuel retail market

India's growing fuel consumption is making the country an attractive proposition for Saudi Aramco, Total and BP.

Jun 3, 2016

Here's what IATA said on global passenger demand, PLF, revenues for 2016

Passenger demand growth rate will be down to 6.2 percent, while cargo demand growth may be muted at 2.1 percent, y-o-y, said IATA.

Jun 3, 2016

OPEC fails to agree on capping output

Tensions between Saudi Arabia and Iran had blighted several previous OPEC meetings.

Jun 3, 2016

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Economy News

How RBI Governor Raghuram Rajan views the global economy

RBI Monetary policy: Rajan holds rate but inflation reference suggests hawkish policy

US asks China to remove barriers for foreign business

Steering committee to analyse, recommend restructuring of PSU banks' bad loans

Ease of doing business: India jumps 13 positions in one year to rank at second in 2016

PM Modi 'unhappy' with 'blue-eyed boy' Suresh Prabhu over delays in redevelopment of stations, Rail University

Compensation for flight delays, cancellations may be doubled

Saudi Arabia's reform plan 'Vision 2030' approved by economic council

China promises to improve laws, Govt services to boost private investment

India will double its investment in clean energy research in five years: Harsh Vardhan

India in talks with Bangladesh over developing Payra sea port

U.S. lawmakers probe Fed cyber breaches, cite 'serious concerns'

Saudi Aramco, Total, BP eye Indian fuel retail market

Here's what IATA said on global passenger demand, PLF, revenues for 2016

OPEC fails to agree on capping output

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