Economy News

India dependent on cash more than ever despite push to boost digital economy

Central bank data shows that since the controversial demonetization gambit, currency in circulation has grown, rising 17 percent to 21.1 trillion rupees as of the end of March 2019.

Nov 14, 2019

India's October retail inflation breaches RBI's medium-term target

Retail food prices, which make up nearly half of India's inflation basket, increased 7.89% in October from a year earlier, against 5.11% in September.

Nov 14, 2019

India's GDP growth likely to slip to 4% in Fiscal 2020: Report

As industrial production contracted stood at just 4.3 percent in September, it is the sector's worst performance since October 2011.

Nov 13, 2019

India-ASEAN bilateral trade to reach $300 billion by 2025: Report

The concentration of India's exports items to ASEAN economies is very high in the top 20 commodities.

Nov 12, 2019

EPF scam: UP economic offences wing to question Union Agriculture Secretary

According to UP Police's Economic Offences Wing, they need to record the statements of all members of the trust when the funds were invested into the Dewan Housing Finance Corporation Limited (DHFL).

Nov 11, 2019

Major NCR real estate projects to be excluded from govt stress-fund

The fund would not be used to support projects which are facing litigations in high courts and the Supreme Court.

Nov 11, 2019

Govt collects Rs 12,995.46 crore through disinvestment deals; target Rs 1.05 lakh crore

The government is looking to divest up to 25 per cent stake in another railway subsidiary - RailTel Corporation - through an IPO.

Nov 10, 2019

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Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Next week, companies like Adani Ports, Coal India, Hindalco, India Cements and Vodafone Idea amongst others are expected to announce their quarterly results.

Nov 10, 2019

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Moody's negative outlook rating: Govt says 'India's standing unaffected'

Soon after Moody's cut India's credit rating outlook to "negative" from "stable", the government strongly reacted issuing a statement to the development.

Nov 8, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

India seeks foreign investments in oil and gas sector says petroleum minister

In an energy conference in New Delhi, Dharmendra Pradhan said that India will secure capital, world-class technology and implement policy reforms to become an international energy leader.

Nov 7, 2019

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank.

Nov 6, 2019

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country.

Nov 6, 2019

India gold demand to hit three-year low as prices surge to record: World Gold Council

Gold demand in 2019 could drop 8 percent from a year ago to around 700 tonnes, the lowest since 2016.

Nov 6, 2019

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing.

Nov 6, 2019

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Economy News

India dependent on cash more than ever despite push to boost digital economy

India's October retail inflation breaches RBI's medium-term target

India's GDP growth likely to slip to 4% in Fiscal 2020: Report

India-ASEAN bilateral trade to reach $300 billion by 2025: Report

EPF scam: UP economic offences wing to question Union Agriculture Secretary

Major NCR real estate projects to be excluded from govt stress-fund

Govt collects Rs 12,995.46 crore through disinvestment deals; target Rs 1.05 lakh crore

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Moody's negative outlook rating: Govt says 'India's standing unaffected'

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

India seeks foreign investments in oil and gas sector says petroleum minister

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

India gold demand to hit three-year low as prices surge to record: World Gold Council

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

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

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