Economy News

China upset with India's import tariff hike, says it will hurt Indian customers: Report

China upset with India's import tariff hike, says it will hurt Indian customers: Report

The enhanced duty rates on imported items including jet fuel and air conditioners, kicked in from September 27.

Oct 01, 2018, 11:56 AM IST
India September factory growth picks up pace on strong demand and exports

India September factory growth picks up pace on strong demand and exports

The Nikkei Manufacturing Purchasing Managers` Index, compiled by IHS Markit, rose to 52.2 in September from 51.7 in August.

Oct 01, 2018, 11:20 AM IST
Petrol breaches Rs 91 mark in Mumbai after fresh hike in fuel prices

Petrol breaches Rs 91 mark in Mumbai after fresh hike in fuel prices

Prices of fuel witnessed yet another hike on Monday as the price of petrol went up by 24 paise and that of diesel increased by 30 paise in the national capital.

Oct 01, 2018, 08:01 AM IST
After petrol and diesel, now price of CNG goes up in Delhi-NCR

After petrol and diesel, now price of CNG goes up in Delhi-NCR

The new consumer price would be effective from the midnight of September 30 and October 1, 2018.

Sep 30, 2018, 21:03 PM IST
Marginal rise keeps petrol and diesel prices record high

Marginal rise keeps petrol and diesel prices record high

The rise fuel prices continued unabated on Saturday as both petrol and diesel prices touched fresh highs in metros like Delhi and Mumbai.

Sep 30, 2018, 06:54 AM IST
Petrol, diesel prices not discussed: Jaitley after GST Council meet

Petrol, diesel prices not discussed: Jaitley after GST Council meet

Earlier, when asked whether the GST council meeting discussed bringing petrol and diesel under the ambit of Goods and Services Tax (GST), Jaitley said "It was not in the agenda".

Sep 28, 2018, 17:56 PM IST
Railway ministry launches Rail Heritage Digitisation Project in collaboration with Google

Railway ministry launches Rail Heritage Digitisation Project in collaboration with Google

The project is first of its kind to showcase country’s Rail Heritage to National and International audience in an online story-telling platform.

Sep 28, 2018, 17:54 PM IST
New telecom policy to help firms cut cost, red tape: Report

New telecom policy to help firms cut cost, red tape: Report

The Union Cabinet Wednesday approved the National Digital Communications Policy (NDCP) 2018.

Sep 28, 2018, 16:18 PM IST
GST council meet: Government to make committee to discuss the Kerala Cess proposal, says Jaitley

GST council meet: Government to make committee to discuss the Kerala Cess proposal, says Jaitley

This committee will have members of North East, hill and coastal states.

Sep 28, 2018, 13:59 PM IST
BoB-Vijaya-Dena Bank merger plan shows govt willingness to pursue sector reform: Fitch

BoB-Vijaya-Dena Bank merger plan shows govt willingness to pursue sector reform: Fitch

The boards of each bank will meet to give a go-ahead to the proposed merger.

Sep 28, 2018, 11:11 AM IST
Fuel price hike: Diesel breaches Rs 79-mark in Mumbai

Fuel price hike: Diesel breaches Rs 79-mark in Mumbai

Continuing their upward trajectory on Friday, petrol prices touched new heights following a hike of Rs 0.22 per litre in the national capital and Mumbai.

Sep 28, 2018, 06:37 AM IST
Trai to be renamed as DCRAI soon

Trai to be renamed as DCRAI soon

The minister earlier in the day shared change in name of Telecom Commission-- apex decision-making body at the Department of Telecom, to Digital Communications Commission.

Sep 27, 2018, 17:57 PM IST
Indian airlines unlikely to face big hit from tariff on jet fuel imports, data shows

Indian airlines unlikely to face big hit from tariff on jet fuel imports, data shows

India`s move to impose a 5 percent tariff on imported fuel dented shares of domestic airlines on Thursday, sparking fears of further pressure on airlines already reeling under the pain of rising

Sep 27, 2018, 17:51 PM IST
Govt, RBI to finalise borrowing calender for Oct-Mar period tomorrow

Govt, RBI to finalise borrowing calender for Oct-Mar period tomorrow

The government had budgeted Rs 6,05,539 crore for 2018-19 Gross G-Sec borrowing.

Sep 27, 2018, 17:42 PM IST
India should reduce or stop crude oil import from Iran: Moody's

India should reduce or stop crude oil import from Iran: Moody's

India is the second largest buyer of Iranian crude after China, accounting for about 30 percent of total crude exports from the Persian Gulf nation during April-August 2018.

Sep 27, 2018, 14:20 PM IST
Import duty on 19 products hiked: Check out list of products that will become costlier

Import duty on 19 products hiked: Check out list of products that will become costlier

The enhanced duty rates which will make these imported goods expensive.

Sep 27, 2018, 12:01 PM IST
RBI eases cash reserve rules to ease liquidity

RBI eases cash reserve rules to ease liquidity

RBI further announced the relaxation in statutory liquidity ratio (SLR) requirement with effect from October 1, 2018.

Sep 27, 2018, 11:22 AM IST
Cabinet clears proposal to make GSTN 100% govt-owned company

Cabinet clears proposal to make GSTN 100% govt-owned company

GSTN Board will initiate the process for acquisition of equity held by the private companies.

Sep 27, 2018, 10:49 AM IST
Fuel prices continue upward surge, petrol breaches Rs 83-mark in Delhi

Fuel prices continue upward surge, petrol breaches Rs 83-mark in Delhi

With no respite in sight, fuel prices continue to trickle up across the country.

Sep 27, 2018, 06:48 AM IST
ACs, refrigerators and washing machines to get dearer as Centre hikes import duty

ACs, refrigerators and washing machines to get dearer as Centre hikes import duty

The Centre's order will be effective from midnight of September 26-27.

Sep 26, 2018, 20:12 PM IST

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