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Economy News

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

Sajjan Jindal's JSW Group to invest Rs 10,000 cr in West Bengal

The cement project is expected to generate 250 permanent and 600 contract-based jobs. Jan 7, 2016

India to leapfrog from BS-IV to BS-VI emission norms in 2020

The BS-V emission norms, proposed for 2020, will be skipped and BS-VI implemented that year. Jan 7, 2016

India in a bright spot amid global economic slowdown: World Bank

Growth is projected to slow further in China, while Russia and Brazil are expected to remain in recession in 2016. Jan 7, 2016

Box office collections to cross Rs 14,200 crore by next year: Assocham

Box office collections will contribute about 74% of the total revenues of Indian film industry by FY2017, says an Assocham-Deloitte report. Jan 6, 2016

India keen to develop trade with neighbours: Sitharaman

"Tripura would become the gateway to northeast India and southeast Asian countries," she said. Jan 6, 2016

Indian Overseas Bank mulls closure of regional offices

The bank's MD & CEO R. Koteeswaran was not available to comment on the matter. Jan 6, 2016

Budget 2016: Eliminate all surcharges on taxes, says Assocham to Arun Jaitley in pre-budget talks

The meeting was part of a routine exercise. Jan 6, 2016

Scheme to scrap old vehicles may get green light in budget

Approximately 5.92 crore vehicles older than 15 years need to be scrapped. Jan 6, 2016

Vodafone India will soon launch 4G in Mumbai; SIM cards available in stores

Customers can go and upgrade their SIMs to 4G-ready SIM's at 56 Vodafone stores located across Mumbai. Jan 6, 2016

Telecom operators warn of increase in tariffs to make up for call drop fine

Telecom operators are yet to begin compensating their customers, and had said they would wait for a Delhi High Court order on the issue. Jan 6, 2016

Forbes' 30 under 30: 45 Indians make it to the prestigious list

Six hundred men and women from various sectors are selected every year. Jan 6, 2016

US Justice department sues Volkswagen for $48 billion for violating environmental laws

The civil lawsuit, announced on Monday, reflects the growing number of allegations against VW Jan 6, 2016

Oil prices fall towards 11-year low, ignoring tensions in Middle East

Brent crude prices LCOc1 fell 80 cents to settle at $36.42 a barrel. Jan 6, 2016
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