Economy News

EPFO rule change: Now claims for Provident Fund withdrawals above Rs 10 lakh must be made online

Employees Provident Fund Organisation makes online claims compulsory for provident fund withdrawals above Rs 10 lakh and withdrawals of Rs 5 lakh under NPS.

Feb 28, 2018

Economy and markets: All you need to know to start your day on Feb. 28

SGX Nift signals a weak start for the domestic markets after the benchmark Sensex declined 99 points or 0.29 percent to close at 34,346 on Tuesday.

Feb 28, 2018

Denying health insurance for genetic disorders violates rights of policyholder, says Delhi HC

The Delhi High Court has said insurance companies cannot discriminate against people with genetic diseases, and wants a relook into insurers' exclusionary clauses.

Feb 27, 2018

Average pay hike in India in 2018 will remain between 9.4%-9.6%: Aon

Aon India Consulting's Salary Increase Survey shows that employees in India are likely to get an average pay increase of 9.4 percent in 2018.

Feb 27, 2018

Govt lists big names among 9,491 'high-risk' NBFCs that did not comply with PMLA

The NBFCs in India had been under the scanner after the demonetization drive. Now, many of them have been placed under the 'high risk' category for not complying with the PMLA.

Feb 27, 2018

PNB fraud: The scam is now worth Rs 12,700 cr, nearly 10 times PNB's annual profit

The fraud revelation that started from Rs 280 crore has now reached over Rs 12,700 crore, about 10 times than the PNB's annual net profit of Rs 1,324 crore during 2016-17.

Feb 27, 2018

Economy and markets: All you need to know to start your day on Feb. 27

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex climbed 303 points or 0.89 percent to close at 34,445 on Monday.

Feb 27, 2018

IPOs worth Rs 25,000 crore ready to hit the market this year: Know which companies are lined up

Around 24 companies are lined up to raise Rs 25,000 crore through IPOs in the coming months. While some have received SEBI nod for IPOs, some others are waiting for the green light from the market regulator.

Feb 26, 2018

Andhra Pradesh, not Mumbai, may get India's first hyperloop

Andhra Pradesh's Vijayawada-Amaravati route by HTT is likely to become the first hyperloop project to be operational in India.

Feb 26, 2018

World's highest-paid expats live in this Indian city, says HSBC survey

Mumbai is home to the world's highest-earning expats, who rake in more than twice the global average, shows the HSBC survey.

Feb 26, 2018

[Photos] Inside Buffett's annual investor meeting: American food, cartoons, shopping stalls

Billionaire investor Warren Buffett's investor meeting was no less than a mini carnival, where Berkshire Hathaway's shareholders queued to gain insights and wisdom from the investment guru.

Feb 26, 2018

Economy and markets: All you need to know to start your day on Feb. 26

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex climbed 322 points or 0.95 percent to close at 34,142 on Friday.

Feb 26, 2018

Stock market outlook, week of Feb. 26: Powell's testimony, Italy election, GDP data

The Indian markets will focus on newly appointed Federal Reserve chair Jerome Powell's first semi-annual testimony, the outcome of Italy election and a slew of economic data lined up for the week.

Feb 24, 2018

Bharat Dynamics, IREDA get SEBI nod to launch IPO

Bharat Dynamics and IREDA received 'observations' from the Securities and Exchange Board of India on February 15 and February 16, respectively.

Feb 24, 2018

Economy and markets: All you need to know to start your day on Feb. 23

SGX Nifty, an early indicator of the Nifty 50's trend in India, signals a positive start for the domestic markets after the benchmark Sensex lost 25 points or 0.07 percent to close at 33,819 on Thursday.

Feb 23, 2018