Economy News

Economy and markets: All you need to know to start your day on March 9

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex gained 318 points or 0.96 percent to close at 33,351 on Thursday.

Mar 9, 2018

HDFC Bank raises lending rates: Loans and EMI to get costlier

The Increase in marginal cost of funds based lending rates by the bank implies that the EMI (Equated Monthly Installments) and interest rates of loans will also go up.

Mar 8, 2018

Coca-Cola to enter booze business: All set to add extra fizz to its portfolio with new alcoholic drink

Coca-Cola is all set to launch a canned beverage called Chu-Hi made with a distilled beverage called shochu and some flavors.

Mar 8, 2018

AP special status row: Here's all you need to know

Initially three states Assam, Nagaland and Jammu & Kashmir were granted special status.

Mar 8, 2018

Dearness allowance hiked by 2 percent for government employees, pensioners

The Dearness Allowance (DA) hike is done using an accepted formula, which is based on the 7th Central Pay Commission Recommendations (CPC).

Mar 8, 2018

Economy and markets: All you need to know to start your day on March 8

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex declined 284 points or 0.85 percent to close at 33,033 on Wednesday.

Mar 8, 2018

Paytm to launch Paytm Money: Things you need to know

Very soon, the Paytm Money will allow customers to invest in Direct Mutual Funds with zero commissions to provide maximum returns on the investments.

Mar 7, 2018

Mumbai, Delhi, Hyderabad airports named the world's best in customer service quality in 2017

Beijing Capital International Airport and Shanghai Pudong International Airport shared the second spot, after Mumbai and New Delhi in the 40 million passengers per year category.

Mar 7, 2018

Meet world's top billionaires by Forbes: Amazon's Jeff Bezos bumps Bill Gates to top the list

Jeff Bezos took the top spot on Forbes' world's billionaires list, Bill Gates drops to second and trailed by American investor Warren Buffet followed by Frenchman Bernard Arnault.

Mar 7, 2018

Here is why Ray Dalio, the world's biggest hedge fund manager, is bullish on India

Ray Dalio, the founder of the world's largest hedge fund at Bridgewater Associates, is more optimistic about India than any other country.

Mar 7, 2018

Economy and markets: All you need to know to start your day on March 7

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex declined 429 points or 1.27 percent to close at 33,317 on Tuesday.

Mar 7, 2018

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

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