Economy News

Government announces health insurance cover for 10 crore families; fund seems insufficient

A close evaluation of the insurance premiums shows a huge disparity between the funds that may be required to support the government program.

Feb 13, 2018

Cryptocurrency transaction gets tougher in India: This bank bans use of its cards to buy bitcoins

Banks including SBI, ICICI Bank, HDFC Bank, Axis Bank and Yes Bank have already suspended accounts of major bitcoin exchanges in India.

Feb 13, 2018

EPF account holders may continue to receive 8.65 interest rate for FY 18

EPFO may keep interest rate unchanged at 8.65 percent on provident fund investments for its five crore members in 2017-18.

Feb 13, 2018

Wipro and Tata Steel among 2018 World's Most Ethical Companies

Wipro Limited and Tata Steel Limited are the two Indian firms that have been named by Ethisphere Institute in the list of World's Most Ethical Companies for 2018.

Feb 13, 2018

Trump immigration framework: Gain or loss for Indians chasing the American dream?

The United States grants up to 50,000 visas each year through the visa lottery program, which has only a few educational and skill requirements.

Feb 13, 2018

Easing inflation does little to end RBI's policy dilemma

Consumer price index rose 5.07 percent in January from a year earlier.

Feb 13, 2018

Income tax scrutiny made online: Get all the details here

As per the new process, individuals under tax scrutiny are required to submit the responses along with attachments and evidences on the e-filing portal through the 'E-proceeding' function.

Feb 13, 2018

IndoStar Capital plans IPO to raise Rs 2,000 crore

The IndoStar Capital Finance is planning to raise an estimated Rs 2,000 crore through the public offering.

Feb 12, 2018

Petrol and diesel prices drop in India for 5th consecutive day

The fuel prices continued to fall for the fifth straight day in India after touching a peak on February 6.

Feb 12, 2018

Is SBI not telling you something about its bad loans?

SBI on Friday said an audit by the Reserve Bank of India showed bad loans was about Rs 23,239 crore higher than what it reported earlier.

Feb 12, 2018

Market's TINA moment: There's no alternative to a crash

The P/E ratio of Sensex stocks was near the dangerous 2008 levels while the ratio of corporate profits to GDP has been low.

Feb 9, 2018

This analyst believes India will decouple from U.S. market in 2-3 months

U.S. selloff is unlikely to have a bearing on the emerging markets, which will outperform in medium and long-term.

Feb 9, 2018

Automation to steal 30% of jobs by mid-2030: Women, ethnic minorities to be worst affected

Women and ethnic minorities who work in the low-skilled jobs will be hit first by the automation, predicts a study conducted by PricewaterhouseCoopers (PWC).

Feb 9, 2018

Banks set to raise lending rates, should you be worried?

The hike in lending rates comes just days after the Reserve Bank of India left its key policy rate unchanged to "carefully" nurture economic growth.

Feb 9, 2018

Attention techies, these 15 companies are barred from applying for H-1B visas

The United States Department of Labor recently released a list of 15 employers who cannot apply for H1-B visas, which are much-sought-after by techies all around the world, including India.

Feb 8, 2018