Economy News

A woman pours a container of palm oil into a barrel at an artisinal workshop on March 7, 2017 in Divo

High stocks, low prices clog palm oil supply chain in Southeast Asia

Palm oil suppliers across Southeast Asia are struggling to cope with record output, with plantations delaying harvest and mills stalling on deliveries as storage tanks overflow..

Dec 14, 2018

Nepal bans higher denomination Indian currency notes

The decision can affect Nepalese labourers working in India as well as Indian tourists visiting Nepal.

Dec 14, 2018

Didn't he pay loans for 40 years? Nitin Gadkari supports Vijay Mallya

The 'fugitive economic offender' has lost control of his vast business empire and a whole lot of prized assets and personal wealth over the last several years.

Dec 13, 2018

RBI governor Shaktikanta Das' MA History degree opens floodgates for Twitter memes

Netizens were quick to point out Das' highest educational degree was in M.A. History, unlike his predecessors who all had Ph.Ds in Economics.

Dec 12, 2018

OPEC President Suhail Mohamed Al Mazrouei

Oil prices rise as OPEC-led supply cuts expected to stabilize markets

US West Texas Intermediate (WTI) crude futures were at $52.15 per barrel at 0023 GMT, up 1 per cent from their last settlement.

Dec 12, 2018

7th pay commission 7th cpc north block finance ministry delhi modi government

National Pension Scheme: Centre exempts tax on withdrawal

The mandatory contribution by the Central Government for employees that is covered under NPS has also been increased from the existing rate of 10% of salary to 14%.

Dec 11, 2018

156 NGOs face government's wrath for defying orders, stopped from receiving foreign funds

The latest order argued that in the investigations it was revealed that the associations have not yet opened their bank accounts in central government's Public Financial Management System (PFMS)-integrated banks.

Dec 11, 2018

rbi mpc meeting, rbi repo rate, rbi governor urjit patel, rbi deputy governor, rbi slr, rbi growth rate projection

Urjit Patel puts rumours to an end, steps down as RBI governor leaving Modi govt red-faced

"It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years," Patel said.

Dec 10, 2018

Global cues, political uncertainties suppress Indian equity indices

The key indices -- the S&P BSE Sensex and NSE Nifty50 - had a gap-down opening and subsequently shed over 600 points and 190 points or more than 1.60 per cent each.

Dec 10, 2018

IMF chief economist throws his weight behind Narendra Modi

Maurice Obstfeld, however, supports the RBI, saying the central bank's independence is a must for ensuring financial stability.

Dec 10, 2018

Bonds, rupee fall over mixed exit polls for PM Modi, rise in oil prices

The rupee fell to 71.41 to the dollar, weakest since November 20 and down from Friday's close of 70.80, while the 10-year benchmark bond yield rose to 7.50 percent from 7.46 percent.

Dec 10, 2018

Global stocks extend slump as global growth worries mount

Traders returned from the weekend to face a growing wall of worry, with the world's largest economies — the United States, China and Japan — all reporting weaker-than-expected data which pointed to moderating activity.

Dec 10, 2018

UK PM Theresa May expected to delay Brexit vote, demand better deal: Report

Theresa May's spokesman said on Friday the vote would go ahead next week despite calls from some lawmakers for a delay.

Dec 10, 2018

Election results, oil prices to direct equity indices movements

The results of Assembly elections in Rajasthan, Madhya Pradesh, Chattishgarh, Telangana and Mizoram will be declared on Tuesday.

Dec 9, 2018

FinMin extends deadline for filing GST annual returns till March 31

The annual returns form in which businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal was notified in September.

Dec 8, 2018

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Economy News

High stocks, low prices clog palm oil supply chain in Southeast Asia

Nepal bans higher denomination Indian currency notes

Didn't he pay loans for 40 years? Nitin Gadkari supports Vijay Mallya

RBI governor Shaktikanta Das' MA History degree opens floodgates for Twitter memes

Oil prices rise as OPEC-led supply cuts expected to stabilize markets

National Pension Scheme: Centre exempts tax on withdrawal

156 NGOs face government's wrath for defying orders, stopped from receiving foreign funds

Urjit Patel puts rumours to an end, steps down as RBI governor leaving Modi govt red-faced

Global cues, political uncertainties suppress Indian equity indices

IMF chief economist throws his weight behind Narendra Modi

Bonds, rupee fall over mixed exit polls for PM Modi, rise in oil prices

Global stocks extend slump as global growth worries mount

UK PM Theresa May expected to delay Brexit vote, demand better deal: Report

Election results, oil prices to direct equity indices movements

FinMin extends deadline for filing GST annual returns till March 31

TV artist killed in terrorist attack in Budgam; nephew injured [details]

Gupkar Alliance echoes in Pakistan's voice after Court's verdict on Yasin Malik [details]

Deepika Padukone's trouble to manage orange gown at Cannes grabs eyes; gets trolled [details]

WATCH: Virat Kohli urges for privacy from cameraman while wearing abdomen guard; video goes viral

Yasin Malik sentenced to life imprisonment in terror funding case; death penalty likely in Jammu case [details]