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Economy News

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    rbi, rbi repo rate, rbi governor urjit patel, urjit patel on farm loan waiver, up govt waives farm loans, agrarian crisis in india, modi govt

    RBI may release another list of 50 loan defaulters

    March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against borrowers. Nov 17, 2017
    arun jaitley, jaitley to meet bankers on 12 june, psu banks npas, bad loans, npa ordinance, gst implementation, it minister to meet head honchos

    Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

    "I think the bottoming out of the economy is complete and now it should start moving upwards, Jaitley said. Nov 16, 2017
    Trump celebrating Diwali

    Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals

    This bill, however, bans H1-B dependent employers from replacing American jobs with H1-B employees. Nov 16, 2017
    Indian Ports

    45 companies to bid for India's first mega coastal economic zone

    The first mega CEZ will stretch from Nashik, Thane, Mumbai, Pune and Raigarh. Nov 16, 2017
    India restaurant

    Restaurants agree to lower GST rate, but menu prices may rise

    Earlier, the tax rate was 18 percent for air-conditioned restaurants and 12 percent for non-air-conditioned eateries. Nov 16, 2017
    Agriculture impacts Environment

    India beats US and China on farmland: Report

    The US Geological Survey shows global farmland totals 1.87 billion hectares (4.62 billion acres), which is about 15 to 20 percent higher than earlier projections. Nov 15, 2017
    note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

    For bank recapitalisation, Modi govt wants special dividend from RBI

    The RBI has been asked if it can pay a special dividend, apart from the yearly surplus that it pays the Centre. Nov 15, 2017
    inflation, retail inflation, inflation may 2017, rbi inflation target, rbi, pay commission, modi govt

    Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

    Fuel inflation has remained high for the past three-four months as petrol and diesel prices continued to rally high due to surge in global crude prisce. Nov 14, 2017
    Make in India

    Centre to revamp Make in India to create jobs and boost GDP

    The government will focus on high potential sectors like leather, textiles and garments, engineering, pharmaceuticals and automobiles to create jobs. Nov 14, 2017
    inflation, retail inflation, inflation may 2017, rbi inflation target, rbi, pay commission, modi govt

    India's October retail inflation touches 7-month high

    India's annual consumer inflation in October increased to 3.58 percent from a year earlier, government data showed on Monday. Nov 14, 2017
    colgate palmolive, fmcg companies in india, hul, dabur, retail stores, grocery stores, toothpaste, patanjali

    FMCG companies set to reduce prices after GST rate cut; but benefits unlikely to reach consumers soon

    Firms like Hindustan Unilever, Dabur, Amul, GlaxoSmithKline (GSK), Procter & Gamble, Nestle and Perfetti Van Melle said they have either decided to cut down prices or are planning to do so. Nov 13, 2017
    Indian Railways Play

    10 railway stations to have airport-like facilities by 2020

    Redevelopment will be in core infrastructure like platforms, lounges, ticketing counters, parking and other facilities. Nov 13, 2017
    Narendra Modi Modi government modi completes two years in office

    Govt plans to create jobs by training barefoot entrepreneurs

    The Ministry of Skill Development and Entrepreneurship has selected Chhapra in Bihar to launch the project. Nov 13, 2017
    GST

    GST caused temporary slowdown, India poised to recover: Assocham

    India is poised on the threshold of sustainable growth despite GST hiccups, says Assocham. Read to know more. Nov 12, 2017
    Chinese economy

    Chinese economy on the verge of collapse, requires thorough reforms: Central bank governor

    Zhou Xiaochuan, governor of People's Bank of China, said that China's economy is currently very vulnerable due to the large amounts of borrowed capital. Nov 11, 2017
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