Economy News

India shipping liquefied natural gas from US: Facts to know

GAIL flags off its first US-sourced LNG shipment. The LNG carrier is scheduled to discharge the cargo at GAIL's Dabhol terminal in Maharashtra at the end of March.

Mar 6, 2018

Bandhan Bank to go public: IPO details

On January 1, 2018, Bandhan Bank had filed draft red herring prospectus (DRHP) with SEBI and it received "observations" from the regulator on February 1.

Mar 6, 2018

Banks may soon take passport details for granting loans above Rs 50 crore

By seeking certified copies of the passport before granting loans, the banks may be able to prevent defaulters and fraudsters from leaving the country.

Mar 6, 2018

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Trump's new tariffs a worry for Indian miners, but financial contagion seen limited

It would be risky to assume that Indian miners will go unscathed following new U.S. tariffs on steel and aluminium.

Mar 6, 2018

Economy and markets: All you need to know to start your day on March 6

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex declined 300 points or 0.88 percent to close at 34,746 on Monday.

Mar 6, 2018

I-T Department unearths scam: 447 companies diverted employees' TDS worth Rs 3,200 crore, says report

The I-T Department has initiated prosecution against these 447 firms, which include builders, movie production houses, infrastructure companies, and start-ups.

Mar 5, 2018

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Nearly 5 lakh homes unsold in 2017: Good time to buy property in these 7 Indian cities

About 4.4 lakh homes were unsold in seven cities in 2017. Average buyers planning to purchase a property in these cities may get more discounts and bargains.

Mar 5, 2018

Social security scheme for 50 crore workers: Know more about the ambitious project

The Ministry of Labour and Employment has proposed a comprehensive social security system to cover over 50 crore workers in India.

Mar 5, 2018

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Economy and markets: All you need to know to start your day on March 5

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex declined 137 points or 0.40 percent to close at 34,046 on Thursday.

Mar 5, 2018

Eco cryptocurrency by Uber co-founder Garrett Camp: Know more about it

The new cryptocurrency is being developed by the Eco Foundation and one trillion Eco tokens will be issued, according to its design proposal.

Mar 3, 2018

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US postpones decision on work authorization of spouses of H-1B visa holders

Since 2015, the spouses of H-1B visa holders in the US are granted H4 visas. The H4 visa holders are not entitled to work or do their own business unless they obtain an 'employment authorization document' (EAD).

Mar 3, 2018

Trump's tariff on metal exports: India doesn't expect an immediate hit

Donald Trump on Thursday said the US would impose an import tariff of 25 percent on steel and 10 percent on aluminum to protect US producers.

Mar 3, 2018

Who is Archana Bhargava? CBI slaps disproportionate assets case on ex-CMD of United Bank of India

The CBI alleges that Archana Bhargava, the former chief of UBI, acquired movable and immovable assets disproportionate to her income between 2004 and 2014.

Mar 2, 2018