Economy News

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Rail Budget 2016: Soon, foreign tourists, NRIs can buy railway tickets using debit, credit cards

The decision will be implemented in the next three months, as announced in the Railway Budget 2016-2017 on Thursday.

Feb 25, 2016

Service fee, surcharge on debit and credit card payments scrapped

The cabinet approved making electronic payments compulsory for amounts beyond a prescribed threshold.

Feb 25, 2016

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

They contend that the proposed removal of the 5/20 rule is aimed at benefiting "two new airlines."

Feb 24, 2016

Viacom18 to launch Hindi film channel soon

Viacom18 is a joint venture between US-based Viacom Inc and the Network 18 Group controlled by Mukesh Ambani

Feb 24, 2016

India may see normal monsoon this year

The El Nino phenomenon is projected to "turn neutral" during the monsoon season this year, a scientist told the Economic Times.

Feb 24, 2016

ONGC $500 million San Cristobal investment deal imminent: PDVSA

The deal is expected to ensure state-owned ONGC gradually receives around $530 million of unpaid dividends.

Feb 24, 2016

Rail Budget 2016: Will Suresh Prabhu announce listing of railway PSUs?

There are six unlisted companies managed by Indian Railways, most of them profit-making.

Feb 23, 2016

Rail stocks plummet ahead of Railway Budget

The losses ranged from 2 percent to almost 8 percent Tuesday on the BSE.

Feb 23, 2016

Govt may okay Mazagon Docks' Rs 2,300 crore contract to build naval survey vessel

The Defence Acquisition Committee will also discuss the procurement of new carbines for the Indian Army.

Feb 23, 2016

Rail Budget 2016: Wagon, coach makers to benefit from Rs 1.25 lakh crore outlay

The railways had announced a Rs 8.56 lakh crore capex in last year's budget to be spent over five years till FY2019.

Feb 23, 2016

NTPC shares fall after government announces 5% stake sale

The Narendra Modi government plans to raise about Rs 5,000 crore from this sale, based on the floor price of Rs 122 per share.

Feb 23, 2016

Rupee closes at new 30-month low to 68.61, nears all-time low of 68.85

Renewed selling of Indian equities by foreign investors and a rise in demand for the dollar pulled the currency down.

Feb 22, 2016

Prostitution in the garb of spa business is an aberration, says CEO of salon and spa chain YLG

The salon and spa business is about Rs 21,000 crore in India and growing at about 20 percent annually, says YLG CEO Rahul Bhalchandra.

Feb 22, 2016

Jat Stir: Railways to refund full amount for cancelled trains

Accounts of passengers, who had booked their tickets online, will automatically be credited.

Feb 22, 2016

Falling stock markets tend to hit SIP inflows, says Edelweiss AMC CEO

Monthly SIP inflows hover around Rs 2,500 crore, Vikas Sachdeva told International Business Times India.

Feb 22, 2016

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Economy News

Rail Budget 2016: Soon, foreign tourists, NRIs can buy railway tickets using debit, credit cards

Service fee, surcharge on debit and credit card payments scrapped

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

Viacom18 to launch Hindi film channel soon

India may see normal monsoon this year

ONGC $500 million San Cristobal investment deal imminent: PDVSA

Rail Budget 2016: Will Suresh Prabhu announce listing of railway PSUs?

Rail stocks plummet ahead of Railway Budget

Govt may okay Mazagon Docks' Rs 2,300 crore contract to build naval survey vessel

Rail Budget 2016: Wagon, coach makers to benefit from Rs 1.25 lakh crore outlay

NTPC shares fall after government announces 5% stake sale

Rupee closes at new 30-month low to 68.61, nears all-time low of 68.85

Prostitution in the garb of spa business is an aberration, says CEO of salon and spa chain YLG

Jat Stir: Railways to refund full amount for cancelled trains

Falling stock markets tend to hit SIP inflows, says Edelweiss AMC CEO

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