Economy News

Snapdeal Goes Stronger, Bags Investment Worth $627 Million

The investment will make the e-commerce retail war more interesting.

Oct 28, 2014

'Kaththi' Box Office: Vijay Starrer Beats Rajinikanth's 'Sivaji' Collections

"Kaththi" has also become the highest five day grosser of the year in Tamil Nadu Diwali Box office by collecting ₹36 crore.

Oct 28, 2014

Facebook Asks Publishers to Upload Contents, Articles Directly to Their App

If accepted, this Facebook offer will be meaningful to users as the content's will be available together in a seamless manner.

Oct 28, 2014

Coal India's Price Pooling under Review: Coal Secretary

The proposal was earlier shelved during the United Progressive Alliance (UPA) rule, as most state electricity boards opposed it fearing increase in power tariffs.

Oct 28, 2014

India's GDP to Grow 5.6 Percent this Fiscal: World Bank

Dismantling inter-state check posts by implementing the indirect tax reform will help India grow faster.

Oct 28, 2014

Black Money Probe: Centre Reveals 3 Names, Tainted Businessmen on First List

According to Times Now, businessmen Pradip Burman, Pankaj Lodhiya and Radha Timblo are the Indians likely to be named on the first list.

Oct 27, 2014

Crude Oil Drops as Goldman Sachs Predicts Price Free Fall

Brent for delivery in December 2014 declined 0.29% to $85.88 (£53.37, €67.76) barrel as at 23:52 pm ET, while WTI was down 8 cents at $80.93.

Oct 27, 2014

Arun Jaitley Favours Interest Rate Cut to Trigger Demand in Construction Sector

The Reserve Bank of India has signalled that it will not ease policy until it is confident of lower inflation.

Oct 25, 2014

Modi Appoints Arvind Subramanian as Chief Economic Adviser

Subramanian's appointment inserts a friend of RBI Governor Raghuram Rajan at the heart of policy making.

Oct 17, 2014

Oil Prices Slump to Four-Year-Low Below $83 a Barrel

Oil fell more than $1 a barrel on Thursday to a four-year low below $83 a barrel as growing concerns over the global economy stretched a four-month rout.

Oct 16, 2014