Economy News

PM Narendra Modi world's 13th most influential person, says Bloomberg's annual list

However, Modi ranked below Chinese President Xi Jinping, US President Barack Obama and German Chancellor Angela Merkel.

Oct 5, 2015

Modi, Merkel to hold discussions on technology in Bengaluru

After viewing presentations on Bosch engineering and business solutions and vocational centre, both the leaders will walk through its facilities and interact with its executives.

Oct 5, 2015

Cut in domestic gas prices will impact investment: Moody's

Earlier, Standard & Poor's said the 18% cut in domestic prices of natural gas will discourage oil exploration and production companies from committing new capital expenditure.

Oct 5, 2015

Bulk of black money still within India, says Arun Jaitley

India needs a change in attitude where plastic currency becomes the norm and cash an exception, says the finance minister.

Oct 4, 2015

Greece likely to meet deadline for bank money release - euro zone officials

Of that total, 10 billion is already in an account in Luxembourg, ready to be wired to Greece.

Oct 3, 2015

Fitch cuts India's GDP growth forecast to 7.5% in 2015-16

Fitch expects the country to grow by 8% in the next fiscal year if reforms are implemented.

Oct 1, 2015

Global economy heading towards risk of low growth for prolonged period: IMF chief

The IMF is expected to downgrade its outlook for the global economy.

Oct 1, 2015

India's rank up 16 notches in global competitiveness index

The report said India ranks 31 in terms of trust in politicians.

Sep 30, 2015

India surpasses China, US to emerge as top FDI destination: Report

Last year, India stood fifth in the list of top FDI destinations.

Sep 30, 2015

World will commend India's commitment to climate change: Goyal

Goyal said "polluter pay principle" should be adopted in the world..

Sep 30, 2015

SBI, Andhra Bank slash their lending rates after repo rate cut by RBI; other banks to follow

While SBI reduced its lending rate by 0.4% to 9.3% per annum, Andhra Bank slashed its interest rate by 0.25%.

Sep 29, 2015

RBI cuts repo rate by 50bps, keeps CRR unchanged; GDP growth estimate comes down to 7.4%

The RBI has cut the repo rate by 100bps to 6.75% so far this year.

Sep 29, 2015

Labour: John McDonnell declares tax war on Amazon and Google in fair share warning

Shadow chancellor said a Labour government would aggressively balance the books in power.

Sep 28, 2015

China slowdown taking the sheen off Indias global diamond hub

A year ago, Indias diamond capital hit the headlines when one of the largest polishing companies in the western city of Surat treated hundreds of employees to bonuses in the form of Fiat cars, apartments and jewellery. This year, theres no sign of a repeat bonanza in a city that by some estimates polishes about 80 percent of the worlds diamonds.

Sep 26, 2015

What brokerages expect from RBI meeting on 29 September

An impending interest rate hike by the US central bank may curtail the room for the RBI to ease policy rates further.

Sep 26, 2015

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Economy News

PM Narendra Modi world's 13th most influential person, says Bloomberg's annual list

Modi, Merkel to hold discussions on technology in Bengaluru

Cut in domestic gas prices will impact investment: Moody's

Bulk of black money still within India, says Arun Jaitley

Greece likely to meet deadline for bank money release - euro zone officials

Fitch cuts India's GDP growth forecast to 7.5% in 2015-16

Global economy heading towards risk of low growth for prolonged period: IMF chief

India's rank up 16 notches in global competitiveness index

India surpasses China, US to emerge as top FDI destination: Report

World will commend India's commitment to climate change: Goyal

SBI, Andhra Bank slash their lending rates after repo rate cut by RBI; other banks to follow

RBI cuts repo rate by 50bps, keeps CRR unchanged; GDP growth estimate comes down to 7.4%

Labour: John McDonnell declares tax war on Amazon and Google in fair share warning

China slowdown taking the sheen off Indias global diamond hub

What brokerages expect from RBI meeting on 29 September

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