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Economy News

Modi Obama

India-US Trade at $103 bn, Can Reach $500 bn: US envoy

India and the US are "partnering more closely than ever before". Jun 6, 2015
Indian Economy

Govt Appoints Panel to Evaluate Controversial New GDP Series

The panel has been asked to review manufacturing data used to calculate GDP growth. Jun 5, 2015
rupee

India's Black Money Exceeds Govt's Expenditure on Education and Health

The report found more illicit money flowing out of poor countries. Jun 5, 2015
OPEC Secretary-General Abdullah al-Badri and Exxon Mobil CEO Rex Tillerson

All Eyes on OPEC Meeting; No Chance of Cut in Oil Output

OPEC may also be little interested to consider Iran's proposal to allow more oil exports from the country. Jun 4, 2015
birmingham-city-plans-1-million-sq-ft-of-office-space-to-rival-london-for-business

Birmingham: City plans 1 million sq ft of office space to rival London for business

The UKs second largest city wants to become a global financial services hub by 2030. Jun 4, 2015
OECD Secretary-General Angel Gurria

OECD Trims its Outlook for Global Economy

OECD expects the world economy to grow by 3.1% in 2015. Jun 3, 2015
Make in India campaign launch

'Make in India' Symbol Row: DIPP Secretary Amitabh Kant Hits Back at Plagiarism Charges on Twitter

"The logo is inspired by India's strongest symbol ever, the Ashoka emblem + a bit of RBI," Kant tweeted. Jun 3, 2015
Monsoon

Skymet Contradicts IMD Forecast, Sees Normal Monsoon this Year

El Nino conditions are unlikely to lead to drought in India, says Skymet. Jun 3, 2015
Finance Minister Arun Jaitley

Finance Minister Arun Jaitley Pitches for Larger Usage of Plastic Currency

"It's about time that we start at least printing our own currency with our own ink and paper," said Jaitley Jun 2, 2015
edmund-shing-uk-house-prices-stocks-and-bonds-are-too-expensive-look-to-aim-and-asia

Edmund Shing: UK house prices, stocks and bonds are too expensive - look to Aim and Asia

Nobel Prize winner Professor Robert Shiller famously warned that how stock markets were overvalued at height of dot-com boom Jun 2, 2015
Narendra Modi

PM Modi's Second Year Will Also be Marked by Slow Reforms, Says Nomura

The Japanese brokerage sees the Parliament passing new land acquisition law by September and GST by December. Jun 2, 2015
Reserve Bank of India

RBI to Issue Some New Banking Licences by August, Says Raghuram Rajan

Twenty-six applicants were vying for a new banking licence, of which two - Tata Sons and Videocon - withdrew their applications later. Jun 2, 2015
Statue of Liberty/Reuters

Over 4 Lakh Indians to Tour US this Year, Up 42% from 2014

Number of Chinese tourists visiting US is estimated to increase by a massive 163% in 2015 Jun 2, 2015
RBI

RBI Cuts Repo Rate by 25bps for the Third Time this Year

Chances of further rate cut seem to be limited beyond this meeting. Jun 2, 2015
RBI Governor Raghuram Rajan

Why RBI Cannot Cut Rates Beyond June Meeting

Scope for RBI rate cuts after June meeting appears to be slim. Jun 1, 2015
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