Economy News

11 rakes of 6 trains to be upgraded to ‘Utkrisht’ rakes by Central Railway

11 rakes of 6 trains to be upgraded to ‘Utkrisht’ rakes by Central Railway

The Indian Railways seems to be racing ahead in the bid to renew its identity and look.

Nov 14, 2018, 07:20 AM IST
PM Modi to launch APIX, a banking technology for 2 billion people without bank accounts

PM Modi to launch APIX, a banking technology for 2 billion people without bank accounts

APIX will support banks to reach out to those without bank accounts in 23 countries.

Nov 13, 2018, 14:56 PM IST
Making online user ID on IRCTC to soon become tougher

Making online user ID on IRCTC to soon become tougher

Ticketing agents make thousands of fake User IDs for booking e-tickets on IRCTC website.

Nov 13, 2018, 13:51 PM IST
Fuel prices continue to decline; petrol at Rs 77.43 per litre in Delhi, Rs 82.94 per litre in Mumbai

Fuel prices continue to decline; petrol at Rs 77.43 per litre in Delhi, Rs 82.94 per litre in Mumbai

Fuel prices plummeted further on Tuesday.

Nov 13, 2018, 06:43 AM IST
India's October retail inflation eases to 3.31%, September IIP at 4.5%

India's October retail inflation eases to 3.31%, September IIP at 4.5%

IIP in September with a marginal rise of 4.5 percent as compared to 4.3 percent in August.

Nov 12, 2018, 17:37 PM IST
India soon to have banking point within reach of 5 Kms of every citizen: Jaitley

India soon to have banking point within reach of 5 Kms of every citizen: Jaitley

The FM observed that during the period of 2014 – 2018, the population who had access to banking services rose from 58 percent to almost 100 percent.

Nov 12, 2018, 10:57 AM IST
Fuel prices continue to decline; petrol at Rs 77.56 per litre in Delhi, Rs 83.07 per litre in Mumbai

Fuel prices continue to decline; petrol at Rs 77.56 per litre in Delhi, Rs 83.07 per litre in Mumbai

Decline in fuel prices continued on Monday with petrol being retailed at Rs 77.56 per litre (decrease by Rs 0.17) in the national capital and diesel at Rs 72.31 per litre (decrease by Rs 0.15).

Nov 12, 2018, 07:58 AM IST
GST a monumental reform, hit growth only for 2 quarters: FM

GST a monumental reform, hit growth only for 2 quarters: FM

The strength of the banking system has to be improved so that liquidity in markets is maintained, Jaitley said.

Nov 11, 2018, 21:52 PM IST
What's the tearing hurry to fix RBI capital: P Chidambaram asks Narendra Modi government

What's the tearing hurry to fix RBI capital: P Chidambaram asks Narendra Modi government

Chidambaram has accused the BJP govt of trying to mount pressure on the RBI.

Nov 11, 2018, 13:20 PM IST
Fuel prices slashed again, petrol costs Rs 77.73 in Delhi

Fuel prices slashed again, petrol costs Rs 77.73 in Delhi

The diesel price in Delhi was slashed to Rs 72.46 per litre a cut of 12 paise.

Nov 11, 2018, 07:49 AM IST
Tamil Nadu gets SEBI approval to launch State Shelter Fund

Tamil Nadu gets SEBI approval to launch State Shelter Fund

Panneerselvam, participating in an event, said, the TN govt established the Tamil Nadu Infrastructure Fund which is the category-I Alternative Investment Fund.

Nov 10, 2018, 23:29 PM IST
Shockwaves of demonetisation and GST have held economy back: Raghuram Rajan

Shockwaves of demonetisation and GST have held economy back: Raghuram Rajan

Raghuram Rajan, the former RBI Governor, has said that for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major headwinds.

Nov 10, 2018, 15:51 PM IST
Dip in fuel prices again, petrol costs Rs 77.89 in Delhi

Dip in fuel prices again, petrol costs Rs 77.89 in Delhi

The diesel price in Delhi was slashed to Rs 72.58 per litre a cut of 16 paise and its price in Mumbai was Rs 76.05 per litre, a decrease by 17 paise.

Nov 10, 2018, 07:29 AM IST
LPG price hiked by over Rs 2 after rise in dealers' commission

LPG price hiked by over Rs 2 after rise in dealers' commission

This subsidy amount varies from month to month depending on the changes in the average international benchmark LPG rate and foreign exchange rate.

Nov 09, 2018, 15:39 PM IST
Government says not seeking Rs 3.6 lakh crore RBI reserve, dismisses media reports

Government says not seeking Rs 3.6 lakh crore RBI reserve, dismisses media reports

Economic Affairs Secretary Subhash Chandra Garg in a series of tweets said that government’s fiscal math is completely on track.

Nov 09, 2018, 13:56 PM IST
What is Masked Aadhaar, its privacy benefits and how to download it: All you need to know

What is Masked Aadhaar, its privacy benefits and how to download it: All you need to know

You can use Masked Aadhaar for KYC where sharing Aadhaar number is not necessary.

Nov 09, 2018, 11:29 AM IST
Export of raw sugar from India to China to begin early next year

Export of raw sugar from India to China to begin early next year

India plans to export 2 MT of raw sugar to China beginning from next year.

Nov 09, 2018, 11:05 AM IST
Cabinet approves leasing out six AAI airports through PPP

Cabinet approves leasing out six AAI airports through PPP

This is expected to enhance the revenue to AAI and increased economic development in these areas in terms of job creation and related infrastructure.

Nov 09, 2018, 10:58 AM IST
Cabinet extends ITI Ltd's quota for procurement by BSNL, MTNL, BBNL

Cabinet extends ITI Ltd's quota for procurement by BSNL, MTNL, BBNL

The cabinet also approved reservation of 20 percent of the orders for the turnkey projects like GSM network roll-out, WiFi and others of BSNL, MTNL and the BharatNet project of BBNL.

Nov 09, 2018, 10:51 AM IST
Cabinet approves 100% strategic disinvestment of government equity in DCIL

Cabinet approves 100% strategic disinvestment of government equity in DCIL

Presently the government holds 73.44 holds shares in DCIL.

Nov 09, 2018, 10:34 AM IST

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