Economy News

Goldman Sachs invests $66 million for minority stake in Indian hotel firm Samhi

A gradual recovery in Asia's third-largest economy is boosting demand for hotel rooms.

Jan 5, 2016

Spectrum price recommendation by mid-January, says TRAI

TRAI has initiated the process to firm up reserve prices for spectrum bands that provide 2G, 3G and 4G telecom services.

Jan 4, 2016

India's manufacturing PMI at 28-month low of 49.1 in December 2015

A reading below 50 implies contraction.

Jan 4, 2016

TRAI asks telecom operators to compensate subscribers for call drops

Telecom companies have said they will wait for Delhi High Court order before paying the compensation.

Jan 4, 2016

IRB Infrastructure bags Zojila tunnel project in a Rs 10,050-crore deal

The Zojila tunnel will have great socio-economic importance for the people of Jammu & Kashmir.

Jan 4, 2016

Dollar hovers near two-week high in first trading session of 2016

The dollar has eased steadily against the yen over the past few sessions.

Jan 4, 2016

Strengthening rupee swells India's foreign reserves: Experts

Foreign exchange reserves stood at $352.04 billion for the week ended 25 December.

Jan 2, 2016

Pathankot terror attack bound to derail Indo-Pak peace process, trade talks

The visits of PM Narendra Modi and Indian Foreign Minister Sushma Swaraj could prove to be futile.

Jan 2, 2016

Railways may introduce 'safety cess' to raise funds for NRSF: Report

A proposal to set up a safety fund comes in the wake of rising number of accidents on its network.

Jan 2, 2016

Highest quantity of pulses seized in raids in Maharashtra, Karnataka

The seizures in these two states accounted for almost 86% of the total quantity seized.

Jan 1, 2016

Suresh Prabhu seeks Rs 32,000 crore grant to implement salary hikes for Railway employees

Railways will need additional fund of about Rs 28,450 crore annually to implement salary hikes.

Jan 1, 2016

Indian Oil hikes price of non-subsidised LPG cylinder by Rs 50

The new rate will be applicable from 1 January, 2016.

Jan 1, 2016

Andhra Pradesh CM Chandrababu Naidu's capital city plans hit roadblock

The state government has asked approval for diversion of over 19,000 hectares of forest land for the capital city in Amravati.

Jan 1, 2016

ECBs, NRI deposits push India's external debt by $8 billion to $483.2 billion by September 2015

Long-term external debt accounted for 82.2%, while the remaining was short-term external debt.

Dec 31, 2015

Fiscal deficit in eight months touches 87%, likely to overshoot target

The fiscal deficit till November 2015 was Rs. 4.84 lakh crore compared to the budgeted Rs.5.55 lakh crore for FY16.

Dec 31, 2015

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Economy News

Goldman Sachs invests $66 million for minority stake in Indian hotel firm Samhi

Spectrum price recommendation by mid-January, says TRAI

India's manufacturing PMI at 28-month low of 49.1 in December 2015

TRAI asks telecom operators to compensate subscribers for call drops

IRB Infrastructure bags Zojila tunnel project in a Rs 10,050-crore deal

Dollar hovers near two-week high in first trading session of 2016

Strengthening rupee swells India's foreign reserves: Experts

Pathankot terror attack bound to derail Indo-Pak peace process, trade talks

Railways may introduce 'safety cess' to raise funds for NRSF: Report

Highest quantity of pulses seized in raids in Maharashtra, Karnataka

Suresh Prabhu seeks Rs 32,000 crore grant to implement salary hikes for Railway employees

Indian Oil hikes price of non-subsidised LPG cylinder by Rs 50

Andhra Pradesh CM Chandrababu Naidu's capital city plans hit roadblock

ECBs, NRI deposits push India's external debt by $8 billion to $483.2 billion by September 2015

Fiscal deficit in eight months touches 87%, likely to overshoot target

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