Economy News

Fish didn't survive, exports dipped; how Chennai's Kolathur market suffered amid pandemic [details]

Difficulty in accessing fish fodder during lockdown meant the fish in their ponds couldn't survive, while reduced turnover and dip in exports means the traders can barely put food on their table.

Jul 14, 2021

Industrial output grows on year-over-year basis in May; production growth slower [details]

India's industrial output increased by 29.3% year over year due to a low base effect. The various sorts of lockdowns enforced during 2020 and 2021 have an impact on YoY and sequential growth rate changes.

Jul 13, 2021

India's retail inflation eases sequentially in June; remains above 6% [details]

On a monthly basis, India's retail inflation dropped in June. Last month, the Consumer Price Index (CPI) fell to 6.26 percent from 6.30 percent in May.

Jul 13, 2021

After a bumpy start, the Sensex turns negative; HDFC Bank and RIL down

After a turbulent start to the day, the leading Indian equity indices traded in the negative region on Thursday morning, with the BSE Sensex down by around 125 points. The Sensex was discussed by HDFC Bank and RIL.

Jul 8, 2021

Petrol Price touches Rs.110.98 in Rajasthan

The premium petrol at Sri Ganganagar in Rajasthan touched Rs.114 per litre while the regular petrol is priced at Rs. 110.98 per litre

Jul 5, 2021

CBDT to prepare list of non-filers once at beginning of assessment year, not frequently

In a big relief to the taxpayers, the Central Board of Direct Taxes (CBDT) has decided not to frequently assess the tax filing status of individuals and companies, and complete the process of preparing the list of non-filers only once at the beginning of an assessment year.

Jun 30, 2021

New policy on anvil to fast track clearances for PPP proposals [details]

The central government will develop a new policy for evaluating and approving PPP applications as well as monetizing essential infrastructure assets. The new strategy will attempt to guarantee that projects are cleared quickly.

Jun 28, 2021

FM rolls out loan guarantee scheme for tourist guides, travel agencies; how it helps [details]

On Monday, Finance Minister Nirmala Sitharaman announced that 100% guaranteed loans will be provided to registered tourist guides and other travel and tourism stakeholders.

Jun 28, 2021

Centre announces Rs 19,000 cr more for BharatNet project [details]

Finance Minister Nirmala Sitharaman said that the government will invest an additional Rs 19,000 crore in the BharatNet initiative, which is aimed at providing broadband access to rural India through a public-private partnership approach.

Jun 28, 2021

FM announces Rs 1.1 lakh cr loan guarantee scheme for Covid affected sectors [see details]

Nirmala Sitharaman, the Finance Minister, launched a Rs 1.1 lakh crore loan guarantee scheme for Covid-affected industries on Monday.

Jun 28, 2021

India's foreign exchange reserves drop to $603.9 billion from last week's $608 billion

The value of India's foreign exchange reserves fell by $4.148 billion. Furthermore, the country's reserve position with the International Monetary Fund (IMF) decreased by $46 million to $4.965 billion.

Jun 26, 2021

Sensex is up 200 points; puts equity benchmarks in green [see details]

On Thursday morning, the leading Indian equity indices traded in the green, with the BSE Sensex surging nearly 200 points. Larsen & Toubro, Infosys, and Tata Steel have been the main gainers on the Sensex so far, while Power Grid, NTPC, and Reliance Industries have been the major losers.

Jun 24, 2021

People are saving less as inflation is surpassing past record

According to the Reserve Bank of India's (RBI) Preliminary Estimates of Household Financial Savings, the economy's openness and the easing of Covid infections last year had an impact on household financial savings.

Jun 23, 2021

SEBI halts PNB Housing's preferential share offering of Rs 4,000 crore; Here's why

The Securities and Exchange Board of India (SEBI) has ordered PNB Housing Finance to postpone a proposed preferential offer of up to Rs 4,000 crore in shares to Carlyle Group Inc.-controlled companies.

Jun 21, 2021

India's foreign exchange reserves rise by $3bn last week, reach $608bn

According to the Reserve Bank of India's (RBI) weekly data supplement, foreign exchange reserves increased to $608.081 billion from $605.008 billion. The country's reserve position with the International Monetary Fund (IMF) increased by $11 million to $5.011 billion.

Jun 19, 2021

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Economy News

Fish didn't survive, exports dipped; how Chennai's Kolathur market suffered amid pandemic [details]

Industrial output grows on year-over-year basis in May; production growth slower [details]

India's retail inflation eases sequentially in June; remains above 6% [details]

After a bumpy start, the Sensex turns negative; HDFC Bank and RIL down

Petrol Price touches Rs.110.98 in Rajasthan

CBDT to prepare list of non-filers once at beginning of assessment year, not frequently

New policy on anvil to fast track clearances for PPP proposals [details]

FM rolls out loan guarantee scheme for tourist guides, travel agencies; how it helps [details]

Centre announces Rs 19,000 cr more for BharatNet project [details]

FM announces Rs 1.1 lakh cr loan guarantee scheme for Covid affected sectors [see details]

India's foreign exchange reserves drop to $603.9 billion from last week's $608 billion

Sensex is up 200 points; puts equity benchmarks in green [see details]

People are saving less as inflation is surpassing past record

SEBI halts PNB Housing's preferential share offering of Rs 4,000 crore; Here's why

India's foreign exchange reserves rise by $3bn last week, reach $608bn

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react