Economy News

Budget Deficit: India Slashes Healthcare Budget by Almost a Fifth

The Finance ministry has cut spending on healthcare in a struggle to contain its fiscal deficit

Dec 24, 2014

Open Up Coal Sector To Enhance Production, Says Suresh Prabhu-headed Advisory Group

The advisory group suggested reforms to open up the coal sector and to increase production, along with suggestions to make it easier to move coal to required industries.

Dec 23, 2014

Russia Could Get 'Junk' Status in 2015, Says Former Minister; China Willing To Aid Falling Ruble

The Russian government's slow stance on the growing economic instability could earn it the "junk" status in 2015, former finance minister Alexei Kudrin said on Monday.

Dec 23, 2014

New iPhone '5' May Support NFC Chip; Is Apple Ready To Release The iWallet?

DCB Bank Partners With iKaaz to Launch Mobile Payment Service in India

The new payment service is expected to lead cashless payment service in the country

Dec 23, 2014

India Inc Raises Record $19bn in 2014; India's External Debt Crosses $500bn

India Inc forex debt issuance finds acceptance in investor community, a record $19bn raised in 2014.

Dec 22, 2014

Oil Prices Spike to $63, Investors Confident of Prices Staying at $60 Level

Brent crude prices increased 2 percent to $63 on Monday as investors believed that prices would remain around $60 for the rest of the year. News of the spike comes right after Saudi Arabia defended its decision to not impose any cuts on oil production and said they would stick to it.

Dec 22, 2014

Centre to Raise ₹14,900 crore Via 5% Stake Sale in ONGC; Retail Allocation at 20%

The Central government is all set to divest 5% of its holdings in the oil and petroleum explorer, ONGC, helping raise ₹14,900 crore.

Dec 22, 2014

China Offers $3 Billion in Aid to Thailand, Vietnam and Other Neighbours

China has offered aid to neighbours Cambodia, Vietnam, Myanmar, Thailand and Laos

Dec 20, 2014

GST Bill Will be Single Most Important Tax Reform: Finance Minister Arun Jaitley

The Goods and Services Tax bill will be introduced in the next budget session

Dec 19, 2014

Russia's President Vladimir Putin chairs a session of the State Council Presidium in Voronezh, August 5, 2014. Putin has ordered his government to prepare retaliatory measures against the latest round of Western sanctions, Russian news agencies reported o

Russia will Emerge from Rouble Collapse in Two Years: Putin

The rouble is down 46% against the dollar this year.

Dec 18, 2014

Why US Federal Reserve Won't Raise Interest Rates Anytime Soon

The US economy has been mapping a steady growth over the past 11 months.

Dec 18, 2014

China, India and Russia Among Most Corrupt Developing Countries

Some of the biggest developing economies in the world that include China, India and Russia are also the most corrupt, a new report by Global Financial Integrity (GFI), an international corruption watchdog showed.

Dec 17, 2014

Russian Ruble Falls to 16-year Low despite Interest Rate Hike; Putin's Power at Stake?

The Russian ruble fell to a new 16-year low on Wednesday despite the government's frantic efforts to prevent a slide reflecting a possible weakness in Putin's power grip over the region.

Dec 17, 2014

SpiceJet to Resume Flights From 4 PM Today

The flight operations of the cash-strapped airline was grounded due to non supply of jet fuel by oil marketing companies

Dec 17, 2014

Rupee Falls to 13-months Low, CAD Widens on Gold Import

The Indian Rupee lost about 1% against the dollar, reflecting the global trend.

Dec 16, 2014

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Economy News

Budget Deficit: India Slashes Healthcare Budget by Almost a Fifth

Open Up Coal Sector To Enhance Production, Says Suresh Prabhu-headed Advisory Group

Russia Could Get 'Junk' Status in 2015, Says Former Minister; China Willing To Aid Falling Ruble

DCB Bank Partners With iKaaz to Launch Mobile Payment Service in India

India Inc Raises Record $19bn in 2014; India's External Debt Crosses $500bn

Oil Prices Spike to $63, Investors Confident of Prices Staying at $60 Level

Centre to Raise ₹14,900 crore Via 5% Stake Sale in ONGC; Retail Allocation at 20%

China Offers $3 Billion in Aid to Thailand, Vietnam and Other Neighbours

GST Bill Will be Single Most Important Tax Reform: Finance Minister Arun Jaitley

Russia will Emerge from Rouble Collapse in Two Years: Putin

Why US Federal Reserve Won't Raise Interest Rates Anytime Soon

China, India and Russia Among Most Corrupt Developing Countries

Russian Ruble Falls to 16-year Low despite Interest Rate Hike; Putin's Power at Stake?

SpiceJet to Resume Flights From 4 PM Today

Rupee Falls to 13-months Low, CAD Widens on Gold Import

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