Economy News

Excise duty on petrol, diesel prices to be hiked again before March: Report

The government has already increased excise duty on petrol and diesel thrice in the past two months.

Jan 9, 2016

State governments keen on wooing investments, says Arun Jaitley

He said that governments are realising the need for economic development to address poverty.

Jan 8, 2016

Govt should relax fiscal deficit target to 3.9% in Budget 2016: BofA-ML

BofA-ML said the deficit gap is "well below" the medium term average of 4.8% since FY2000.

Jan 8, 2016

Foreign tourist arrivals up but earnings down in December

Arrivals increased by 3.2% but earnings declined by 3.39%.

Jan 8, 2016

Need to avoid beggar-thy-neighbour policies, says RBI governor Raghuram Rajan

"The current non-system is pushing the world toward competitive monetary easing, to no one's ultimate benefit," he said.

Jan 8, 2016

L&T to partner with Russia in a Rs 5,000 crore defence deal

The aim of the upgrade and refit program is to increase the life of the submarine.

Jan 8, 2016

China goes for $23.13 billion infra push to beat slowdown

The Chinese authorities had resorted to similar activity-boosting measures during the financial crisis of 2008-09.

Jan 8, 2016

Pay Commission, lending rate cut, FCNR rollover hold key to FY2017 growth: Report

The Bank of America-Merrill Lynch note also highlights three pre-conditions to achieving 7.7% growth rate.

Jan 8, 2016

India's exports to fall 13% to $270 billion in FY2016

India's merchandise exports stood at $309.6 billion last financial year, down from $314.4 billion in 2013-14.

Jan 8, 2016

Quikr acquires CommonFloor to create strong online real-estate industry entity

The deal would mutually benefit both the companies although the two brands will operate independently.

Jan 8, 2016

S&P warns of more downgrades for country ratings in 2016

The rating agency has been maintaining a rating of 'BBB-' for India with a stable outlook for the past three years.

Jan 8, 2016

Global semiconductor revenues fall in 2015, Samsung bucks the trend: Gartner report

It had earlier forecast revenues to grow by 5.4% over 2014 to reach $358 billion in 2015.

Jan 7, 2016

INS Kadmatt marks another milestone in journey towards self-reliance and 'Make in India': RK Dhowan

INS Kadmatt is the second of the four P28 Anti-Submarine Warfare (ASW) Corvettes commissioned into the Indian Navy.

Jan 7, 2016

Yahoo to lay off about 10% of its workforce: Report

Starboard, which has a 0.75% stake in Yahoo, has been seeking changes in the company since 2014.

Jan 7, 2016

Govt agrees to Congress demands to pass GST Bill: Report

Union Parliamentary Minister Venkaiah Naidu on Thursday met Congress president Sonia Gandhi to discuss and seek support for the passage of key reforms.

Jan 7, 2016

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Economy News

Excise duty on petrol, diesel prices to be hiked again before March: Report

State governments keen on wooing investments, says Arun Jaitley

Govt should relax fiscal deficit target to 3.9% in Budget 2016: BofA-ML

Foreign tourist arrivals up but earnings down in December

Need to avoid beggar-thy-neighbour policies, says RBI governor Raghuram Rajan

L&T to partner with Russia in a Rs 5,000 crore defence deal

China goes for $23.13 billion infra push to beat slowdown

Pay Commission, lending rate cut, FCNR rollover hold key to FY2017 growth: Report

India's exports to fall 13% to $270 billion in FY2016

Quikr acquires CommonFloor to create strong online real-estate industry entity

S&P warns of more downgrades for country ratings in 2016

Global semiconductor revenues fall in 2015, Samsung bucks the trend: Gartner report

INS Kadmatt marks another milestone in journey towards self-reliance and 'Make in India': RK Dhowan

Yahoo to lay off about 10% of its workforce: Report

Govt agrees to Congress demands to pass GST Bill: Report

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