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Union Cabinet gives nod for setting up Indian Enterprise Development Services

The move to form the Indian Enterprise Development Services is among a slew of decisions taken by the Union Cabinet on Wednesday. Dec 21, 2016
demonetisation, remonetisation, pm modi, banks, atms, cash withdrawals, restrictions on cash, rbi

Demonetisation: How key indicators moved in the world's fastest growing economy after PM Modi's currency ban

The first month (November) of demonetisation by PM Narendra Modi was packed with bad news except civil aviation and inflation. Dec 19, 2016
digital india e procurement e tender india modi demonetisation jaitley ravi shankar prasad

Narendra Modi govt walks the talk on digital push to procurement

The number of e-tenders has gone up substantially since the Modi government came to power and launched Digital India. Dec 17, 2016
hair cut nda defence cadets contract bid india weird news

Govt floats tender for hair-cutting services at NDA

The Indian government will soon be finalising tenders for hair-cutting services at NDA, Pune with stiff terms and conditions. Dec 17, 2016
india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

India's foreign exchange reserves dip by $887 million to $362.98 billion

For the week ended December 9, India's foreign exchange reserves stood at $362.98 billion, says RBI data. Dec 16, 2016
sugar production india isma estimates crushing consumption demonetisation

India's sugar production rises 11% in season 2016-17 till December 15: ISMA

Estimates by India's sugar industry body ISMA say that production for 2016-17 will be 234 lakh tonnes. Dec 16, 2016
gold demand india imports wgc prices

India's gold imports fall 30% till November in FY2016-17

In the first eight months (April-November) this year, gold imports into India dropped by $6.9 billion, or 30.5 percent. Dec 16, 2016
budget 2017, fieo wish list, pm modi, india exports

India: Gold imports rise 23%; exports increase 2.2% in November

The increase in gold imports in demonetisation-hit November pushed up trade deficit to $13 billion. Dec 15, 2016
gold silver prices demand wgc demonetisation companies titan pc jeweller

Titan, TBZ, PC Jeweller shares fall at a higher clip than gold prices since demonetisation

Gold demand has remained subdued since demonetisation, leading to bearish market sentiments for Titan, TBZ and PC Jeweller. Dec 15, 2016
coal india results q2 net profit sales down

Coal India net profit plunges 77% in September quarter

The fall in Q2 consolidated net profit for Coal India was marked by drop in income and increase in employee costs. Dec 13, 2016
demonetisation rbi currency notes mpc meeting urjit patel

RBI says supply of smaller denomination notes is at record high

RBI deputy governor R Gandhi said 19 billion notes of smaller denominations have been supplied since demonetisation. Dec 7, 2016
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OPEC meeting, crude oil output data, other related statistics [PHOTOS]

The decision of the 14-member OPEC to cut output on November 30 was the first in eight years, triggering a rally in oil prices. Dec 3, 2016
baby

Demonetisation to pour cold water on Monte Carlo Fashions during peak season

The October-December quarter accounts for almost 55 percent of total revenues for Monte Carlo Fashions; demonetisation is bad news. Dec 1, 2016
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Indian economy cools down to 7.1% in September quarter

The GDP growth rate for H1, FY2017 is also 7.1 percent, as disclosed by Commerce and Industry Minister Nirmala Sitharaman on Monday. Nov 28, 2016
cesc, cesc news, cesc wins bikaner order, cesc share price, itc suuti sale, indian stock markets, oudh sugar mills, rbi policy meeting february 2017

FIIs on a selling spree on Indian stock markets; Sensex ends week on cheerful note

For the week ended November 25, foreign institutional investors (FIIs) sold Indian stocks worth Rs 5,421 crore. Nov 26, 2016
demonetisation narendra modi india china growth gdp economy rivals estimate forecast fitch Chinese President Xi Jinping slowdown blues

Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival. Nov 25, 2016
india spices export trade pepper ginger nirmala modi govt

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices. Nov 23, 2016
demonetisation demonetization currency rbi rs 500 rs 1000 note currency pm modi arun jaitley trends rs 2000 inflation retail food vegetables perishable interest rate nomura sonal

Demonetisation effect: Retail inflation to fall further, says Nomura analyst

Perishable and non-perishable food items show divergent trends since demonetisation; overall, it's bound to reduce inflation. Nov 23, 2016
india switzerland black money agreement tax haven aeoi adhia black money surgical strike demonetisation deal tax evasion stashed in

Switzerland will soon cease to be haven for tax-evading Indians

India and Switzerland sign an agreement whereby Indian tax authorities will be accessing data on money stashed in Switzerland. Nov 22, 2016
india bpj bullet proof jackets procurement defence preparedness pakistan terror jem let terrorism modi govt manohar parrikar defence minister china attacks

Indian Army gets 5,000 bullet proof jackets, 7 years after planning to procure 3.54 lakh sets

In 2009, the defence ministry approved buying of 3,53,765 bullet proof jackets (BPJs) but quality-related issues hit procurement. Nov 22, 2016
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