Economy News

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Jet Airways to end free meal service for economy class passenger from September 25

The move comes two years after the airline introduced 'Fare Choices', a flexible, tier-based, fare-choice system that helped flyers customise their travel needs by choosing their preferred fare.

Sep 20, 2018

Govt appoints 10 public sector bank chiefs

SBI Deputy MD Pallav Mohapatra has been appointed as MD and CEO of Central Bank of India.

Sep 20, 2018

Mega bank merger infuses job loss fears

It seems mere verbal assurance from the Union Finance Minister does not seem to have pacified the employees, particularly at the lower level.

Sep 19, 2018

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Bengaluru pips Singapore as top destination for tech companies, startups in Asia

The IT capital of India is said to be the fastest-growing city in Asia in the next five to 10 years offering a deep talent pool, according to the report by Colliers International.

Sep 19, 2018

Delhi HC rejects plea to disclose formula behind fuel pricing

A bench of Chief Justice Rajendra Menon and Justice V. Kameswar Rao refused to interfere with the government policy on fixing petrol prices.

Sep 19, 2018

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Asian business confidence at worst level in 3 years as 'upturn in world economy ends'

'We have witnessed a cyclical upturn in the world economy that had to come to an end. We see the end of the cycle in advanced economies as well as emerging markets.'

Sep 19, 2018

India's largest law firm Cyril Amarchand Mangaldas under CBI lens in PNB fraud case

Cyril Amarchand mangaldas (CAM) has more than 600 lawyers. It has advised companies such as Alphabet Inc's Google, Microsoft, Standard Chartered and India's ICICI Bank, according to research firm The Legal 500.

Sep 19, 2018

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India delays imposition of higher tariffs on some US goods to November

Trade differences between India and the United States have risen since President Donald Trump took office, but India's decision to further delay comes as the two countries negotiate a package to remove trade frictions over a range of items.

Sep 19, 2018

Gold prices fall as investors turn to dollar for safety amid US-China trade tensions

Gold prices have declined over 12 per cent from April amid the intensifying trade dispute between the United States and China, the world's top two economies.

Sep 18, 2018

Alibaba's Jack Ma calls US-China trade frictions a mess, warns of two-decade-long impact

Ma said trade tensions would likely impact Chinese and foreign companies immediately and negatively.

Sep 18, 2018

Central govt merges Bank of Baroda, Vijaya Bank and Dena Bank; all you need to know

The proposal was made after the trade was closed with Bank of Baroda ending 0.41% to Rs.135.10 on Bombay Stock Exchange (BSE). Vijaya Bank rose 0.93% to Rs 59.80 while Dena Bank tanked 0.62% to Rs 15.95.

Sep 18, 2018

Karnataka has the richest MLAs in India with annual income of Rs 1.1 crore

According to the Association for Democratic Reforms (ADR), on an average, a male MLA's annual self-income is Rs 25.85 lakh whereas, for a female MLA, it is Rs 10.53 lakh.

Sep 18, 2018

Indian rupee has lost 11% value against US dollar in last one year, says IMF spokesperson

Gerry Rice said the IMF continues to assess the impact of demonetization on an ongoing basis. As with most things, there have been pluses and there have been minuses of demonetization, he said.

Sep 18, 2018

Trump admin may introduce additional tariffs worth $200 billion on China: Report

Ever since Donald Trump has assumed office, he has demanded China to cut its $ 375 billion trade surplus with the United States.

Sep 17, 2018

Karnataka govt to reduce petrol, diesel prices by Rs 2 per litre amid rising fuel rates in the country

Earlier on September 10, Karnataka's neighboring state, Andhra Pradesh also slashed the prices of petrol and diesel by Rs. 2.

Sep 17, 2018

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Economy News

Jet Airways to end free meal service for economy class passenger from September 25

Govt appoints 10 public sector bank chiefs

Mega bank merger infuses job loss fears

Bengaluru pips Singapore as top destination for tech companies, startups in Asia

Delhi HC rejects plea to disclose formula behind fuel pricing

Asian business confidence at worst level in 3 years as 'upturn in world economy ends'

India's largest law firm Cyril Amarchand Mangaldas under CBI lens in PNB fraud case

India delays imposition of higher tariffs on some US goods to November

Gold prices fall as investors turn to dollar for safety amid US-China trade tensions

Alibaba's Jack Ma calls US-China trade frictions a mess, warns of two-decade-long impact

Central govt merges Bank of Baroda, Vijaya Bank and Dena Bank; all you need to know

Karnataka has the richest MLAs in India with annual income of Rs 1.1 crore

Indian rupee has lost 11% value against US dollar in last one year, says IMF spokesperson

Trump admin may introduce additional tariffs worth $200 billion on China: Report

Karnataka govt to reduce petrol, diesel prices by Rs 2 per litre amid rising fuel rates in the country

Despite Cease Request, Chinese Spy Ship Hits Sri Lankan Port; What Does This Mean for India?

Laal Singh Chaddha Is Aamir's Biggest Disaster Since Mela; Earns Just Rs 46 Cr

3-Month offer: New Spotify Premium users to get 3 months of free service

After 38 long years, mortal remains of a martyr soldier recovered from Siachen Glacier [details]

What is J&K's Village Defence Guards scheme; new way to foil terrorists' evil designs [details]