Economy News

PNB destroyed my brand, says Nirav Modi in letter [Read the full text]

Nirav Modi told the PNB management in a letter that "misleading" liability claims led to immediate search and seizure operations that curbed his ability to clear dues to banks.

Feb 20, 2018

Labour survey shows 'Make in India' still remains a distant dream

The Labor survey shows India's manufacturing sector lost 87,000 jobs during the April-June quarter of the current fiscal.

Feb 20, 2018

Economy and markets: All you need to know to start your day on Feb. 20

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex declined 236 points or 0.69 percent to close at 33,774 on Monday.

Feb 20, 2018

Amazon is now a vendor on Amazon.in, becomes the first foreign e-commerce firm in Indian food retail market

Amazon becomes the first foreign e-commerce firm to enter food retail venture in India. The government recently gave nod to the company to start food-only retailing.

Feb 19, 2018

PadMan effect: AAI installs sanitary pad vending machines at airports across India

To make good use of the hype around the PadMan movie, the Airports Authority of India (AAI) is taking forward its efforts to install sanitary napkin vending machines at airports across India with renewed vigor.

Feb 19, 2018

Maharashtra to be the first state in India to get a hyperloop — Mumbai to Pune in 25 minutes

Virgin Hyperloop One has signed a Framework Agreement to begin the development of a hyperloop route between Pune and Mumbai.

Feb 19, 2018

Rotomac Pens owner Vikram Kothari on the run? : All you need to know about Rs 800-crore defaulter

Rotomac owner has allegedly gone abroad after taking a loan of more than Rs 800 crore from several state-owned banks.

Feb 19, 2018

U.S. interest rates: 3 possible ways in which more Fed rate hikes will impact Indian stocks

Stocks reversed gains and bond yields rose after Fed minutes revealed a more hawkish view among policy makers.

Feb 19, 2018

Economy and markets: All you need to know to start your day on Feb. 19

SGX Nifty, an early indicator of the Nifty 50's trend in India, signals a positive start for the domestic markets after the benchmark Sensex declined 286 points to close at 34,010 on Friday.

Feb 19, 2018

HG Infra Engineering IPO: Things to know about Rs 462 crore IPO

HG Infra Engineering Ltd will launch its Rs 462 crore initial public offering on 26 February. Know more details about the IPO.

Feb 17, 2018

India, Iran agree on key tax treaty and visa changes to promote flow of investment

India and Iran have signed nine agreements to increase cooperation in key areas and have kept their focus on the Chabahar port project.

Feb 17, 2018

Air traffic grows 20% with 1.14 crore passengers in Jan 2018, Raju says 'lovely start for Indian aviation'

Indian airlines carried 1.14 crore passengers in January 2018 as against 95.79 lakh passengers in January 2017.

Feb 17, 2018

Markets Weekahead: PNB scam probe, Flipkart, Fed minutes

The Indian markets will focus on the PNB fraud, which has now widened; Walmart's interest in Flipkart; and the minutes of the Fed's January meeting.

Feb 17, 2018

PNB scam: State-owned lender suspends 8 more officials, says it will repay other banks by March 31

PNB has suspended eight more officials in connection with their suspected involvement in the scam.

Feb 16, 2018

Former Facebook India MD picks Made-in-India Dailyhunt as his next grind

Facebook and Google are the market leaders in digital advertising, and it is expected that Umang Bedi's experience will help Dailyhunt meet its growth goals.

Feb 16, 2018