Economy News

Must sell now: Fall in direct tax collection hastens urgency of privatisation

A 17% shortfall in October direct tax collection at Rs 50,715 crore may jeopardize government spending and worsen liquidity issues plaguing the economy if divestment drive slackens.

Nov 26, 2019

Top US, Chinese trade negotiators discuss core issues via phone call

Trade experts said completion of a phase one deal could slide into the new year, as Beijing presses for more extensive tariff rollbacks and Washington counters with its own demands.

Nov 26, 2019

Indian Oil Corporation Petrol prices petrol price hike IOC

Petrol rises by 12 paise at 1-year high, diesel stable; Check rates in your city

The Oil marketing companies increased the price of petrol by 12 paise per litre in Delhi, Kolkata and Mumbai, while in Chennai the raise was by 13 paise per litre.

Nov 25, 2019

Bills on corporate tax, unified regulator for IFSCs to be tabled in Lok Sabha

Cabinet meeting in November approved the introduction of International Financial Services Centres Authority Bill, 2019, in the Lok Sabha.The bill provides for a unified financial regulator for IFSCs.

Nov 25, 2019

India's urban unemployment rate slows in March quarter: Report

The report, which is likely to be published soon, did not assess rural unemployment.

Nov 24, 2019

India's growth rate to slip down further in Q2FY20 to 4.7%: ICRA

Sectors such as agriculture and services may be able to "maintain the growth rate recorded in Q1 FY2020".

Nov 22, 2019

Petrol, diesel prices stable for 2nd day: Check latest rates in your city

In this month so far, the petrol prices have increased by Rs 1.3 while that of diesel has increased by 4 paise.

Nov 21, 2019

Disinvestment drive: Big ticket strategic sale of BPCL, 4 other PSUs

FM Nirmala Sitharaman said that while the Centre will strategically disinvest BPCL, SCI and CONCOR, it will sell its entire stake in THDC India Ltd and NEEPCO to another state-run power major, NTPC.

Nov 21, 2019

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

Petrol prices stable today after 6 days: Check latest rates in your city

The petrol prices did not show any increase today and the diesel rates also remained static as the Brent crude oil rates dropped in the international market.

Nov 20, 2019

15 foreign banks are looking to open branches in India, says RBI

As per RBI Data, 46 foreign banks are already operating in India, including two banks operating in wholly-owned subsidiary (WOS) mode.

Nov 20, 2019

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Total sales of Rs 31,000 crore of Amazon and Flipkart were 14% off the target; expansion of e-tailers into new geographies in a slowing economy gripped by credit crunch has worried traders across the country.

Nov 19, 2019

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Saudi Aramco IPO set to value company up to $1.7 trillion

Aramco could just beat the record-breaking $25 billion raised by Chinese e-commerce giant Alibaba.

Nov 17, 2019

Registration of GST non-filers to be cancelled

The Mumbai office of the Principal Chief Commissioner of GST and Central Excise has issued directives to field officers for ensuring strict compliance.

Nov 17, 2019

NPAs are mounting due to weak governance in public sector banks, says RBI Governor

The RBI Governor noted that competency issues have arisen due to inadequacy to understand risk from a business perspective by the boards in some bank.

Nov 17, 2019

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Economy News

Must sell now: Fall in direct tax collection hastens urgency of privatisation

Top US, Chinese trade negotiators discuss core issues via phone call

Petrol rises by 12 paise at 1-year high, diesel stable; Check rates in your city

Bills on corporate tax, unified regulator for IFSCs to be tabled in Lok Sabha

India's urban unemployment rate slows in March quarter: Report

India's growth rate to slip down further in Q2FY20 to 4.7%: ICRA

Petrol, diesel prices stable for 2nd day: Check latest rates in your city

Disinvestment drive: Big ticket strategic sale of BPCL, 4 other PSUs

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

Petrol prices stable today after 6 days: Check latest rates in your city

15 foreign banks are looking to open branches in India, says RBI

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Saudi Aramco IPO set to value company up to $1.7 trillion

Registration of GST non-filers to be cancelled

NPAs are mounting due to weak governance in public sector banks, says RBI Governor

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