Economy News

raghuram-rajan-addresses-a-news-conference-at-the-banks-headquarters-in-mumbai-reuters

RBI Puts Confidence in Modi's Stable Government ahead of Budget Session

Modi government seems to be getting the backing of RBI expressing confidence of economic recovery.

Jun 27, 2014

Indian Market Opens High, Pharma and IT Sector Surge

The Sensex on Friday opened higher at 25132.08 points by surge of 69.14 points and Nifty at 7514.20.

Jun 27, 2014

Hamid Ansari Reaches China: Discussion to Achieve Stable Trade Relation

Hamid Ansari, along with Nirmala Sitharaman, is on his five-day visit to China to discuss bilateral issues.

Jun 27, 2014

Rupee Gains Against Dollar in Early Trade

The Indian rupee strengthened by 6 paise at 60.08 per dollar versus Thursday's closing of 60.14 a dollar at the Interbank Foreign Exchange Market on Friday.

Jun 27, 2014

Rupee, Most Asian Currencies Weaken Against Dollar on Thursday

Traders expect the rupee to move in the range of 60 to 60.50 per dollar on Thursday, following Iraq crises.

Jun 26, 2014

Indian Markets Trade Rangebound, Investors Expect Profits in Auto-sector

BSE index fell by 0.23 percent, while NSE index too declined 0.19 percent lower during early trade on Thursday. Sensex opened flat at 25,217.69 points by drop of 96.05 points and Nifty opened at 7554.10 points by slipping 15.15 points.

Jun 26, 2014

new-cars-are-seen-at-the-toyota-plant-in-cambridge

NDA Government's Pre-Budget Shockers and Surprises

The Centre has been doling out alternating pre-budget shockers and surprises through its decisions to hike prices of some services and commodities and holding back on others.

Jun 26, 2014

International Financial Firms Put Faith in Modi Government's Budget

Union Budget 2014-15: Morgan Stanley has expressed hope that the Modi government would bring about policy reforms.

Jun 25, 2014

Budget Session: What to Expect

The Budget session that will kick off on July 7 is anticipated to hold both, 'bitter pills' as well as positive announcements. Here is a list of the probable positives that may come out of the session.

Jun 24, 2014

Passengers ride at the open doorways of commuter trains in Mumbai

Railway Minister May Consider Change in Hike of Suburban Train Fares in Mumbai

After facing a backlash, not just from the Opposition but also allies and party units over its decision to hike rail fares, the Railway Minister has reportedly promised to consider the situation for Mumbaiites, who use the suburban railways for daily commute.

Jun 24, 2014

Rupee, Market Open High but Decline during Monday Trade; Cement Stocks Down Due to Rail Fare Hike

The rupee recorded 60.18 per dollar on Friday against Monday's opening at 60.10 a dollar.

Jun 24, 2014

Gas Rates Set to Go Up after Rail Fares and Sugar Prices

While the Bharatiya Janata Party had promised "Acche Din" to citizens during its election campaign that brought the Narendra Modi-government to power, prices of several essentials have seen a rise, the most recent being an anticipated hike in gas prices.

Jun 24, 2014

a-worker-spreads-sugar-inside-a-sugar-factory-at-sanyan-village-in-gujarat-april-23-2012

Government Raises Import Duty on Sugar by More than Double to Strengthen Industry

India is all set to raise the import duty on sugar, in order to boost the domestic industry.

Jun 23, 2014

Union Budget to be Presented on 10 July

The country will get its annual budget for 2014-15 on 10 July, Cabinet Committee on Parliamentary Affairs decided.

Jun 23, 2014

Maharashtra BJP to Send Delegation to Delhi to Ask for Rollback in Fare Hike for Suburban Railways

Even as the Bharatiya Janata Party-led central government faces stinging opposition to its decision to hike railway fares from various parties across the country, it is now also seeing growing resentment within its own party, with the Maharashtra BJP unit also demanding a rollback.

Jun 23, 2014

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Economy News

RBI Puts Confidence in Modi's Stable Government ahead of Budget Session

Indian Market Opens High, Pharma and IT Sector Surge

Hamid Ansari Reaches China: Discussion to Achieve Stable Trade Relation

Rupee Gains Against Dollar in Early Trade

Rupee, Most Asian Currencies Weaken Against Dollar on Thursday

Indian Markets Trade Rangebound, Investors Expect Profits in Auto-sector

NDA Government's Pre-Budget Shockers and Surprises

International Financial Firms Put Faith in Modi Government's Budget

Budget Session: What to Expect

Railway Minister May Consider Change in Hike of Suburban Train Fares in Mumbai

Rupee, Market Open High but Decline during Monday Trade; Cement Stocks Down Due to Rail Fare Hike

Gas Rates Set to Go Up after Rail Fares and Sugar Prices

Government Raises Import Duty on Sugar by More than Double to Strengthen Industry

Union Budget to be Presented on 10 July

Maharashtra BJP to Send Delegation to Delhi to Ask for Rollback in Fare Hike for Suburban Railways

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