Economy News

ICICI Securities eyes Rs 4,000 crore from IPO: Five things to know

ICICI Securities has set a price band of Rs 519-520 per equity share for its initial public offering.

Mar 17, 2018

West Bengal tops in Ease of Doing Business: Know top ten states

Of the 29 states and 7 union territories, West Bengal bagged the first place with a 99.73 percent implementation score. Chhattisgarh and Madhya Pradesh jointly shared the second rank by scoring 99.46 percent

Mar 17, 2018

41 foreign branches of state-owned banks reported losses: SBI tops the list

State Bank of India (SBI) tops the list with 9 loss-making foreign branches, followed by Bank of India (BOI) with 8 and Bank of Baroda (BOB) with seven branches

Mar 17, 2018

Stock market outlook, week of March 19: FOMC, global trade war, economic data

The Indian markets will focus on U.S. Federal Reserve's monetary policy meeting, slew of economic data from Japan to eurozone and the initial public offering of Sandhar Technologies in the coming week.

Mar 17, 2018

Higher recruitment, big salary hikes for employees in India this year: Report

Job industry in the country is recovering from the impacts of demonetization and implementation of Goods and Services Tax, says a survey.

Mar 16, 2018

Made-in-India train, with 160 kmph top speed, to run from June

The self-propelled train, with state-of-the-art amenities, can run at a maximum speed of 160 km per hour, making it the fastest in the country.

Mar 16, 2018

Relief for Pensioners as Government likely to double monthly minimum pension payments

Government is mulling over increasing the payment from Rs 1000 per month under the Employees Pension Scheme (EPS) of the Employees Provident Fund Organisation (EPFO).

Mar 16, 2018

India's GST among highest rate, most complex tax regimes worldwide: World Bank

Finance minister Arun Jaitley has said there's scope to merge 12 percent and 18 percent slabs in order to make it more transparent, efficient and tax payer-friendly.

Mar 16, 2018

HAL IPO: 10 points to note before subscribing the issue

India's state-owned defence firm Hindustan Aeronautics Ltd is looking to raise Rs 4,200 crore through the initial public offering.

Mar 16, 2018

Economy & markets: Asian shares sluggish as political worries mount in U.S.

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex lost 150 points or 0.44 percent to close at 33,685 on Thursday.

Mar 16, 2018

Singapore is world's most expensive city, 3 Indian cities among the cheapest

New Delhi, Bangalore, and Chennai are among the world's cheapest cities to live in, according to an Economist Intelligence Unit (EIU) survey

Mar 15, 2018

PNB scam: 9.1 crore fraud exposed, officials arrested

The new alleged fraud of around 91 million rupees, involves officials of a little-known company called Chandri Paper and Allied Products Pvt Ltd

Mar 15, 2018

India needs 8% growth for 30 years to achieve middle class status: World Bank

World Bank pegs India's growth at 7.3 percent in 2018-19 and gather pace in the following year, likely expanding at 7.5 percent.

Mar 15, 2018

Bandhan Bank IPO: 10 fast facts before you invest

Bandhan Bank will open its Rs 4,473 crore Initial Public Offering (IPO) on Thursday. The price band is set at Rs 370 to Rs 375.

Mar 15, 2018

Trade war: US targets India over export subsidies

India is due for a revision of its export subsidy programs under WTO rules.

Mar 15, 2018