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Economy News

Oil and Gas

Indian Basket's Crude Price Drops Under $90/Barrel

This is possibly the first time that retail prices in India are higher than global rates. Oct 13, 2014
Amazon Diwali Dhamaka Week: Top Smartphone Offer Details

Top 5 Websites to Watch Out for Diwali Sale in India

Several popular websites have come up with the best offers for this festive season Oct 11, 2014
Bang Bang poster

'Bang Bang' Box Office: Hrithik Starrer Becomes Highest Grossing Hindi Film in Kerala

Hrithik Roshan thanked Kerala audience for the overwhelming response for his film "Bang Bang". Oct 11, 2014
SEBI

Foreign Investors Take Flight following Negative Global Cues

The FPIs went on a selling spree by shedding-off shares worth $200.33 million. Oct 11, 2014
China has finally overtaken the United States to become the world's largest economy for the first time in over 240 years.

China Overtakes US as World's Largest Economy in Purchasing Power

China has surpassed the US as the largest economy, a position held by the latter since it overtook the UK in 1872. Oct 9, 2014
jeff bezos

Amazon to Offer Packaged Food and Beverages in India from Diwali

It is also considering setting up a Cloud Services Centre in India. Oct 2, 2014
Narendra Modi

Gandhi Jayanti and Narendra Modi's Make in India Campaign: What Should India Make?

Was Gandhi advocating a return to pre-historic times? To struggle and labour? Oct 2, 2014

Cheapest Solar Powered, Self-Cleaning eToilet for Schools Unveiled

Built of stainless steel base, mild steel super structure and occupying 25 sq.ft space, the eToilet comes with a price-tag of ₹99,999. Sep 30, 2014
Raghuram Rajan Speech

RBI Aims to Reduce Uneven Volatility in Rupee: Raghuram Rajan

Rajan added such a policy would mean that the central bank would typically intervene on both sides of the exchange rate. Sep 30, 2014
reserve-bank-of-india

RBI Expected to Hold Interest Rates until April-June Quarter

Analysts expects the RBI to bring consumer price inflation down to 8% by January 2015 and to 6% a year later. Sep 30, 2014
Raghuram Rajan RBI

RBI Unlikely to Slash Interest Rates as Inflation Remains High

The Reserve Bank, in its fourth bi-monthly policy review on Tuesday, is unlikely to cut interest rates: Care Rating report Sep 29, 2014
US Flag

US Business Lobby Queries Narendra Modi's Strategies Ahead of Visit

The US Chamber of Commerce on Thursday questioned the reformist credentials of Prime Minister Narendra Modi. Sep 26, 2014
A road sign stands next to the Bombay Stock Exchange building (Reuters)

Market Rebounds as S&P Upgrades India Outlook to 'Stable' from 'Negative' on Better Politics

This comes as a timely boost for Prime Minister Narendra Modi, who has been aggressively marketing his 'Make in India' slogan among global investors. Sep 26, 2014
Modi-Obama to meet in September

India Likely to Buy Sikorsky Helicopter, Other Arms from US Amid Modi's Visit

The decision could come during a high-profile visit to the United States by Prime Minister Narendra Modi that starts on Friday Sep 26, 2014
An employee counts rupee notes at a cash counter inside a bank in Kolkata.

CAG Report Reveals Kerala Can Recover ₹12,000 cr More in Tax

The data was obtained during the audit of all transactions of four years from April 2009 to May 2013 of the commercial taxes department Sep 25, 2014
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