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Economy News

K.V.Kamath

ICICI Bank Chairman KV Kamath Appointed as President of BRICS Bank

India has got the power to choose the president of the BRICS Bank. May 11, 2015
election-2015-what-are-the-consequences-of-the-election-results

Election 2015: What are the consequences of the election results?

Maggie Pagano talks to Edmund Shing and Stefan Stern about the implications the election results will have on the economy, the union and the UKs EU membership. May 8, 2015
Narendra Modi and China's President Xi Jinping

India May Extend E-Tourist Visa to China, to Ignore Concerns of Intelligence Agencies

The government is in a mood to include China in its e-tourist visa programme as a "friendly" gesture. May 8, 2015
RBI

RBI Governor Rajan Pitches for Rupee Convertibility Again

Rupee convertibility appears to be Rajan's "next big ambitious goal." May 8, 2015
Monsoon and Agriculture (When will Indian agriculture sector gets an industrial status?- a representational picture)

Wholesale Price Index Inflation Expected to Rise at 3.7% in Fiscal Year 2015-16

Dun & Bradstreet research report said that below normal monsoon will result into WPI inflation. May 3, 2015
Indian Economy

India Out of 'Fragile Five' Club, Less Vulnerable To US Rate Hike: Fitch

A changing policy environment has had a positive impact on its macroeconomic risk profile, says the agency. May 1, 2015
An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Policymakers Likely to 'Welcome' Weakening Rupee

A gradual depreciation in the currency may be "welcomed by the policymakers", says Capital Economics. May 1, 2015
Petrol, Diesel Prices

Petrol, Diesel Price Hike: A Lot Depends on Global Crude Oil Prices and Indian Rupee

Rising crude oil prices and weakening rupee pose challenges to Indian oil companies May 1, 2015
edmund-shing-shell-bg-nokia-alcatel-fedex-tnt-whos-next-on-the-takeover-trail

Edmund Shing: Shell/BG, Nokia/Alcatel, FedEx/TNT - whos next on the takeover trail?

As well as huge buying huge theres a number of likely mid-cap takeover targets out there. Apr 28, 2015
Nandan Nilekani

Aadhaar Becomes World's Biggest Biometric ID Programme

As on 20 April, the total number of Aadhaar cards issued by UIDAI reached 81.78 crore, with 67% of country's 121 crore population possessing the card. Apr 27, 2015
Modi

Modi Govt Overrated its Ability to Revive Economy: CLSA

Despite being in power for almost one year, the Modi-led government is still not able to stimulate demand and boost investments. Apr 25, 2015
greeces-yanis-varoufakis-says-talks-with-euro-zone-have-made-progress

Greeces Yanis Varoufakis says talks with euro zone have made progress

Greek Finance Minister Yanis Varoufakis said on 24 April that talks with his euro zone peers had improved over the past few weeks. Apr 24, 2015
hailstorm

Below Normal Monsoon to Weigh on Inflation, Growth This Year

The second consecutive year of weak monsoon will adversely the agricultural activity in the nation resulting in rise the food inflation. Apr 23, 2015
poor-monsoon-adversely-hits-farmers

All Eyes on IMD Monsoon Forecast; Will El Nino Result in Poor Rainfall?

Many agencies including the IMD see a high probability of the occurrence of El Nino, a condition that is linked to poor monsoons in the country Apr 21, 2015
as-petrobras-scandal-spreads-economic-toll-mounts-for-brazil

As Petrobras scandal spreads, economic toll mounts for Brazil

Tens of thousands of Brazilian workers have taken the latest hit in the multi-billion dollar corruption scandal involving state oil company Petrobras Apr 21, 2015
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