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Economy News

Arun Jaitley

Service Tax Raised to 14%; Travel, Mobiles, Restaurants to be Costlier from 1 June

There will be 0.5% hike in AC and First Class fare and freight charges. May 31, 2015
Children wash their hands in a partially dried-out natural pond at Badarganj village, in the western Indian state of Gujarat,

India Likely to Face 'Significant' Drought, Says US Agency

It would further impact food prices that are already rising due to unseasonal rains. May 30, 2015
Indian Economy

India's GDP Growth Exceeds China's for Second Straight Quarter

However, analysts are not convinced by the impressive growth as the underlying picture remains weak. May 29, 2015
RBI

What Foreign Brokerages Expect from RBI Meeting Next Week

Most of the economists including Finance Minister Arun Jaitley expect the central bank to cut repo rate by 25 basis points. May 29, 2015
one-world-trade-center-watch-this-amazing-11-year-timelapse-of-buildings-construction

One World Trade Center: Watch this amazing 11-year timelapse of buildings construction

Amazing timelapse marks opening of the One World Observatory visitors centre at the top of New York Citys tallest tower. May 29, 2015
Modi

Why Economists See PM Modi's Second Year as More Challenging

Bihar's assembly polls will have an impact on the government's reforms agenda, says Bank of America Merrill Lynch. May 28, 2015
Indian Economy

India to Outgrow China For Second Straight Quarter

The new method of calculating GDP does not match underlying weakness on various fronts. May 28, 2015
money-talks-make-money-from-a-strong-pound-at-marks-and-spencer-and-majestic-wines

Money Talks: Make money from a strong pound at Marks and Spencer and Majestic Wines

Pound sterling has hit its highest level against other major world currencies for over seven years. May 27, 2015
Google India to get 20 Million Indian SMEs Online by 2017

Google Launches Free-to-Download 'Google My Business' App to Bring 20 Million Indian SMEs online by 2017

Through the initiative, Google India will help businesses create and manage their business information across Google for free in both Hindi and English. May 26, 2015
Indian Economy

India to Grow 7.9% Annually Surpassing China over Next 8 Years, Says Study

India's is expected to grow by almost double the 4.6% growth projected for China. May 26, 2015
modi IISCO steel plant

'No Big Bang Investments' Witnessed in Modi's Government So Far: CII

CII President termed Modi's aim to raise India's rank to the 50th position in World Bank's ease of doing business index as "ambitious". May 25, 2015
Reserve Bank of India

Why RBI Should Keep Repo Rate Unchanged at June Meeting

Lower food grain production, El Nino, and oil prices pose risks for inflation. May 23, 2015
indians-shopping-for-gold-after-prices-fell

Higher Interest Rates Key to Success of Gold Monetization Scheme: Report

Currently, banks offer up to 1 percent on gold deposits. May 23, 2015
Modi

Modi's First Year as PM: Tax Row With FIIs a Blunder

Kiran Mazumdar-Shaw said that the government did not deal with the issue "deftly". May 21, 2015
Modi in China

Sections of India Inc 'Creating Economic Slowdown' to Strike Back at PM Modi: Report

Ironically, Modi is perceived by the Opposition and some analysts as "pro-corporate". May 21, 2015
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