Economy News

Indian economy 'lost momentum' in third quarter, says Reserve Bank of India

The central bank retained its FY2016 GDP growth estimate of 7.4 per cent.

Feb 2, 2016

RBI keeps policy rate on hold at 6.75 percent

The central bank cut the repo rate INREPO=ECI by 125 basis points in 2015.

Feb 2, 2016

Monsoon and Agriculture (When will Indian agriculture sector gets an industrial status?- a representational picture)

Food imports rise as Modi struggles to revive rural India

Droughts, lack of agricultural investment and increasing demands from people are undermining the country's bid to be self-sufficient.

Feb 2, 2016

January car sales: Maruti Suzuki, Hyundai, Tata Motors report decline; Renault, Mahindra volumes up

Commercial vehicle sales of Ashok Leyland and Tata Motors are up, while two wheeler brand Royal Enfield has reported robust sales.

Feb 1, 2016

Iran says frozen assets worth $100 billion 'fully released'

The money is primarily from the sale of Iranian oil and is lying with banks in China, India, Japan, South Korea and Turkey.

Feb 1, 2016

RBI likely to keep policy rates unchanged, say analysts

Analysts argue that a rise in retail inflation and the pay commission's proposals would limit the RBI's options to lower rates.

Feb 1, 2016

India's manufacturing activity hit a four-month high in January

The Nikkei Manufacturing PMI was 51.1 in January, after plunging to a 28-month low of 49.1 in the previous month.

Feb 1, 2016

January car sales: Maruti Suzuki, Hyundai, Tata Motors report decline; Renault, Mahindra volumes up

Commercial vehicle sales of Ashok Leyland and Tata Motors are up, while two wheeler brand Royal Enfield has reported robust sales.

Feb 1, 2016

India requires $1 trillion for infrastructure development: Nitin Gadkari

The transport minister feels upgrading infrastructure would add 2 percent to India's GDP.

Feb 1, 2016

HSBC to freeze salaries, hiring in 2016 to cut costs

HSBC is in the midst of a cost-cutting drive to boost profitability.

Feb 1, 2016

Tirumala Tirupati Devasthanams approves budget of Rs 2,678 crore for FY16-17

The trust estimated a cost of Rs 500 crore just for paying salary to their 9,000 staff members.

Jan 31, 2016

50 lakh jobs in roads sector in 3 years, says Nitin Gadkari

The transport minister said the jobs creation would also give a boost to the steel and cement industry and will contribute 2% to the GDP.

Jan 31, 2016

Budget 2016: Finance Minister Arun Jaitley pins hopes on Congress to pass GST Bill

The finance minister also said that there is a sharp divide over fiscal consolidation among economists.

Jan 30, 2016

India has potential to grow at 8 to 9%: Nouriel Roubini

Roubini said that Indian economic reforms process is hindered by the opposition parties.

Jan 30, 2016

Mumbai airport to charge passengers additional fee from April 2016

The additional surcharge will be charged from 1 April, 2016, and will be imposed at least until 31 March, 2021.

Jan 30, 2016

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Economy News

Indian economy 'lost momentum' in third quarter, says Reserve Bank of India

RBI keeps policy rate on hold at 6.75 percent

Food imports rise as Modi struggles to revive rural India

January car sales: Maruti Suzuki, Hyundai, Tata Motors report decline; Renault, Mahindra volumes up

Iran says frozen assets worth $100 billion 'fully released'

RBI likely to keep policy rates unchanged, say analysts

India's manufacturing activity hit a four-month high in January

January car sales: Maruti Suzuki, Hyundai, Tata Motors report decline; Renault, Mahindra volumes up

India requires $1 trillion for infrastructure development: Nitin Gadkari

HSBC to freeze salaries, hiring in 2016 to cut costs

Tirumala Tirupati Devasthanams approves budget of Rs 2,678 crore for FY16-17

50 lakh jobs in roads sector in 3 years, says Nitin Gadkari

Budget 2016: Finance Minister Arun Jaitley pins hopes on Congress to pass GST Bill

India has potential to grow at 8 to 9%: Nouriel Roubini

Mumbai airport to charge passengers additional fee from April 2016

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