Economy News

PM Modi, Google CEO Sundar Pichai among contenders for 'Time Person of the Year 2015'

Modi has already secured 1.3% of the votes in the current poll.

Nov 19, 2015

Businesses cannot reject new 100-yuan note, warns Chinese central bank

Many businesses refused it because money-scanning machines cannot identify the latest counterfeit features.

Nov 19, 2015

China to buy two dozen Sukhoi-35 fighter jets from Russia in $2 billion deal

Rostec confirmed a deal between the two countries had been signed involving Su-35 fighter jets.

Nov 19, 2015

Cabinet approves sale of 10% stake in Coal India, seeks $3 billion

India has raised just about $2 billion or less than 20% of its disinvestment target, so far this year.

Nov 19, 2015

Great Britain: All coal-fired power stations to shut down by 2025

Climate Change Secretary Amber Rudd said new gas-fired power stations will be a priority.

Nov 19, 2015

Central government approves Rs 3,231-cr housing project for urban poor

Under the components, Central assistance of Rs 1.50 lakh per house will be provided.

Nov 19, 2015

Toyota aims upmarket in India, where no-frills cars rule

Toyota sold 141,347 vehicles in the year to end-March - a fraction of the 1.2 million sold by Maruti.

Nov 19, 2015

Seventh Pay Commission to submit recommendations today: What to expect

The Commission is also expected to propose an increase in house rent allowance (HRA).

Nov 19, 2015

Govt clears FDI proposals worth Rs 1,810 cr, to revive road projects worth Rs 35,000 cr

The government also approved 3% interest subsidy for exports, which have declined for 11 months.

Nov 18, 2015

US puts companies selling unproven products like Jack3d in the dock

Six USPlabs executives and S.K. Laboratories, which manufactured the supplements, face criminal charges.

Nov 18, 2015

Delayed payments hit small, medium Indian manufacturers hard

They said clients often take 150 days to pay as against the standard 30 days' time.

Nov 18, 2015

Monsanto seeks to gobble up rival agrochemical companies

Monsanto is studying possibilities for consolidation in both the seed and agrochemical sectors.

Nov 18, 2015

RBI may cut key rate by 25 bps this fiscal despite spike in inflation: UBS

The central bank is likely to cut policy rate further by 50 bps in the next fiscal year, says Swiss brokerage.

Nov 18, 2015

7th Pay Commission may submit proposals on 19 Nov, recommend 15% hike: Report

However, the commission may not recommend any change to retirement age.

Nov 17, 2015

Exports declined 17.53% in October, shrinking trade deficit

The exporters have requested the government to rescue them from the dipping situation.

Nov 17, 2015

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Economy News

PM Modi, Google CEO Sundar Pichai among contenders for 'Time Person of the Year 2015'

Businesses cannot reject new 100-yuan note, warns Chinese central bank

China to buy two dozen Sukhoi-35 fighter jets from Russia in $2 billion deal

Cabinet approves sale of 10% stake in Coal India, seeks $3 billion

Great Britain: All coal-fired power stations to shut down by 2025

Central government approves Rs 3,231-cr housing project for urban poor

Toyota aims upmarket in India, where no-frills cars rule

Seventh Pay Commission to submit recommendations today: What to expect

Govt clears FDI proposals worth Rs 1,810 cr, to revive road projects worth Rs 35,000 cr

US puts companies selling unproven products like Jack3d in the dock

Delayed payments hit small, medium Indian manufacturers hard

Monsanto seeks to gobble up rival agrochemical companies

RBI may cut key rate by 25 bps this fiscal despite spike in inflation: UBS

7th Pay Commission may submit proposals on 19 Nov, recommend 15% hike: Report

Exports declined 17.53% in October, shrinking trade deficit

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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