Economy News

Apple Becomes First US Firm Worth $700Bn in Stock Valuation

The valuation puts Apple on the top, which is more than the combined valuation of Google and Microsoft, its two closest competitors.

Feb 11, 2015

Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy

The sugar industry is reeling from increased production and depressed prices, and looks forward to the government announcing an export subsidy to tide over the crisis

Feb 11, 2015

Amartya Sen Awarded Inaugural John Maynard Keynes Prize

The Bharat Ratna awardee and Noble Prize winner has been awarded the prize for his "outstanding contribution to society"

Feb 10, 2015

IT Exports to Expand by 12-14% in FY15: Nasscom

Nasscom expects the Indian IT sector to clock 12-14% growth in the upcoming fiscal year, on the back of strong economic fundamentals of Western nations.

Feb 10, 2015

A Railway Worker inspecting tanker wagons

RBI Orders Tighter Compliance on Suspicion of $3.2bn Iran Export Scam

The central bank asked Indian banks to tighten compliance and asked them to be more vigilant on suspected money laundering cases.

Feb 10, 2015

RBI Deputy Governor Directs Lenders to Improve Asset Quality

Reserve Bank of India's Deputy Governor R Gandhi reiterated the central bank's stand on the need for lenders to improve asset quality.

Feb 9, 2015

Budget 2015: Govt Mulling Incentives to Individuals, Companies to Boost Savings, Investments

The corporation tax rate is 30 per cent and has remained unchanged for the last seven years

Feb 9, 2015

No Proposal to Hike Rail Fares at Present: MoS for Railways Manoj Sinha

Railway's Sinha said that there are no proposals currently being considered to hike rail fare. He insisted that details would be out only when the Railway Budget is presented in the Parliament.

Feb 7, 2015

Foodpanda Acquires JustEat India, to Cover More Than 200 Cities

The online food ordering service is now in direct competition with Zomato.

Feb 7, 2015

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

The maiden NITI Aayog meeting saw discussions between the PM and economists on attracting investment, boosting domestic savings and the condition of agricultural sector and financing infrastructure.

Feb 7, 2015

Defence Production Reforms Will be Ready Soon, Says Parrikar

He says 'proper' laws should be framed for defence projects

Feb 6, 2015

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

Arun Jaitley told industrialists that the expected infra boom would witness a combination of funding, which would see significant participation from international bodies.

Feb 6, 2015

Huawei P8 Release Date; Invites Sent Out For April 15; Fingerprint Scanner, OIS Camera In The Books

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees.

Feb 6, 2015

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate

Feb 5, 2015

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

The finance minister is expected to use the amount unspent by government agencies to help cover the budget deficit.

Feb 4, 2015

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Economy News

Apple Becomes First US Firm Worth $700Bn in Stock Valuation

Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy

Amartya Sen Awarded Inaugural John Maynard Keynes Prize

IT Exports to Expand by 12-14% in FY15: Nasscom

RBI Orders Tighter Compliance on Suspicion of $3.2bn Iran Export Scam

RBI Deputy Governor Directs Lenders to Improve Asset Quality

Budget 2015: Govt Mulling Incentives to Individuals, Companies to Boost Savings, Investments

No Proposal to Hike Rail Fares at Present: MoS for Railways Manoj Sinha

Foodpanda Acquires JustEat India, to Cover More Than 200 Cities

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

Defence Production Reforms Will be Ready Soon, Says Parrikar

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

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