Economy News

Global growth will be disappointing in 2016: IMF managing director Christine Lagarde

Prospect of rising interest rates in the US and an economic slowdown in China were contributing to uncertainty, she said.

Dec 30, 2015

Railways want to import crude directly, set up refinery to benefit from soft prices globally: Report

Indian Railways is the largest consumer of diesel in India, at 2.8 billion litres annually.

Dec 30, 2015

Indian Railways to form joint ventures for improved connectivity, faster land acquisition

It also envisages participation by banks, ports and PSUs

Dec 30, 2015

HAL ties up with Russian firm Rostech to build 200 Kamov helicopters

The Value of the deal is estimated to be $1 billion.

Dec 30, 2015

Reputed Indian firms and multinationals pulled up for misleading ads

Advertising Standards Council of India upheld 51 out of 98 advertisements for misleading content.

Dec 30, 2015

Chennai, Madurai, Coimbatore, Tiruppur in Tamil Nadu's smart city plan

The state government submitted its list of 12 cities to the NDA government on Tuesday.

Dec 29, 2015

RBI-appointed panel wants Indian commercial banks to look at Islamic banking

The concept is similar to Islamic banking.

Dec 29, 2015

'Love for cash' is proving costly, says RBI panel

A single transaction at an ATM costs Rs 18-20.

Dec 29, 2015

UAE, Britain, Russia sovereign funds want to invest in India: Arun Jaitley

The first meeting of the National Investment and Infrastructure Fund (NIIF) was held on 29 December.

Dec 29, 2015

Pasargan Bank and Parsian Bank to open branches in India even as US prepares for fresh sanctions against Iran

Iran sought India's participation to develop Chabahar Port and Chahbahar Free Trade Zone (FTZ).

Dec 29, 2015

Govt expects FDI to rise by 45% in 2016

A DIPP official told PTI that measures to improve business conditions would help attract more foreign capital.

Dec 29, 2015

Saudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%

Saudi Arabia will also cut planned expenditure for 2016 by 14%.

Dec 29, 2015

E-commerce giant Snapdeal to spend on logistics, will speed up delivery

One of the biggest challenges faced by e-commerce industry is quick and efficient delivery systems.

Dec 29, 2015

Centre gives approval for four greenfield airports; three to come up in Andhra Pradesh

Each airport may take at least six years to get completed, according to officials.

Dec 29, 2015

No LPG subsidy for Indians earning more than Rs 10 lakh per annum

The decision will be effective from next month on a self-declaration basis while booking LPG cylinders.

Dec 29, 2015

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Economy News

Global growth will be disappointing in 2016: IMF managing director Christine Lagarde

Railways want to import crude directly, set up refinery to benefit from soft prices globally: Report

Indian Railways to form joint ventures for improved connectivity, faster land acquisition

HAL ties up with Russian firm Rostech to build 200 Kamov helicopters

Reputed Indian firms and multinationals pulled up for misleading ads

Chennai, Madurai, Coimbatore, Tiruppur in Tamil Nadu's smart city plan

RBI-appointed panel wants Indian commercial banks to look at Islamic banking

'Love for cash' is proving costly, says RBI panel

UAE, Britain, Russia sovereign funds want to invest in India: Arun Jaitley

Pasargan Bank and Parsian Bank to open branches in India even as US prepares for fresh sanctions against Iran

Govt expects FDI to rise by 45% in 2016

Saudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%

E-commerce giant Snapdeal to spend on logistics, will speed up delivery

Centre gives approval for four greenfield airports; three to come up in Andhra Pradesh

No LPG subsidy for Indians earning more than Rs 10 lakh per annum

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