Economy News

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

Petrol prices stable today after 6 days: Check latest rates in your city

The petrol prices did not show any increase today and the diesel rates also remained static as the Brent crude oil rates dropped in the international market.

Nov 20, 2019

15 foreign banks are looking to open branches in India, says RBI

As per RBI Data, 46 foreign banks are already operating in India, including two banks operating in wholly-owned subsidiary (WOS) mode.

Nov 20, 2019

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Total sales of Rs 31,000 crore of Amazon and Flipkart were 14% off the target; expansion of e-tailers into new geographies in a slowing economy gripped by credit crunch has worried traders across the country.

Nov 19, 2019

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Saudi Aramco IPO set to value company up to $1.7 trillion

Aramco could just beat the record-breaking $25 billion raised by Chinese e-commerce giant Alibaba.

Nov 17, 2019

Registration of GST non-filers to be cancelled

The Mumbai office of the Principal Chief Commissioner of GST and Central Excise has issued directives to field officers for ensuring strict compliance.

Nov 17, 2019

NPAs are mounting due to weak governance in public sector banks, says RBI Governor

The RBI Governor noted that competency issues have arisen due to inadequacy to understand risk from a business perspective by the boards in some bank.

Nov 17, 2019

Indian tax officials find Modi's targets too taxing, some quit

The target has been maintained even though Modi recently approved a massive cut in corporate taxes, which are part of direct taxes.

Nov 17, 2019

'Make in India' hub Noida to churn over 30 crore mobile phones in 5 years

Approximately 80 mobile manufacturing factories are currently operating in this region, with an estimated total employment of 50,000 people.

Nov 17, 2019

FM Sitharaman announces steps to boost liquidity, demand

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

After taking the taint for economy's growth woes from auto sector slowdown to retail sector trouble, millennials may now draw the flak for another round of non-performing assets surge in banks.

Nov 15, 2019

Indian Personal Computer sales grows 15.8% in Q3 of Fiscal 2020, Lenovo leads

Lenovo was followed by HP, Dell Technologies, Acer Group and Asus in the market.

Nov 15, 2019

India dependent on cash more than ever despite push to boost digital economy

Central bank data shows that since the controversial demonetization gambit, currency in circulation has grown, rising 17 percent to 21.1 trillion rupees as of the end of March 2019.

Nov 14, 2019

India's October retail inflation breaches RBI's medium-term target

Retail food prices, which make up nearly half of India's inflation basket, increased 7.89% in October from a year earlier, against 5.11% in September.

Nov 14, 2019

India's GDP growth likely to slip to 4% in Fiscal 2020: Report

As industrial production contracted stood at just 4.3 percent in September, it is the sector's worst performance since October 2011.

Nov 13, 2019

India-ASEAN bilateral trade to reach $300 billion by 2025: Report

The concentration of India's exports items to ASEAN economies is very high in the top 20 commodities.

Nov 12, 2019

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Economy News

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

Petrol prices stable today after 6 days: Check latest rates in your city

15 foreign banks are looking to open branches in India, says RBI

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Saudi Aramco IPO set to value company up to $1.7 trillion

Registration of GST non-filers to be cancelled

NPAs are mounting due to weak governance in public sector banks, says RBI Governor

Indian tax officials find Modi's targets too taxing, some quit

'Make in India' hub Noida to churn over 30 crore mobile phones in 5 years

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

Indian Personal Computer sales grows 15.8% in Q3 of Fiscal 2020, Lenovo leads

India dependent on cash more than ever despite push to boost digital economy

India's October retail inflation breaches RBI's medium-term target

India's GDP growth likely to slip to 4% in Fiscal 2020: Report

India-ASEAN bilateral trade to reach $300 billion by 2025: Report

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