Economy News

PIN code made mandatory for generating e-way bill

PIN code made mandatory for generating e-way bill

Quoting of PIN codes, according to officials, will help in calculating the correct distance and determine the validity of the electronic way or e-way bill, which is used by businesses to transport

Oct 03, 2018, 17:50 PM IST
RBI rate-setting panel begins three-day meet

RBI rate-setting panel begins three-day meet

After two successive hikes, the repo rate currently stands at 6.50 percent.

Oct 03, 2018, 15:56 PM IST
PSBs recapitalisation: Government to release 2nd tranche of funds soon

PSBs recapitalisation: Government to release 2nd tranche of funds soon

The government last year unveiled an unprecedented Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

Oct 03, 2018, 15:14 PM IST
Petrol, diesel price on 3rd October 2018: Check out rates in metro cities

Petrol, diesel price on 3rd October 2018: Check out rates in metro cities

On Tuesday, fuel prices went further up continued the upward trend across the country as the petrol price was hiked by 0.12 paisa and diesel by Rs 0.16 in Delhi.

Oct 03, 2018, 09:35 AM IST
Eight core sectors growth slows down to 4.2% in August

Eight core sectors growth slows down to 4.2% in August

The growth rate of eight infrastructure sectors – coal , crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity –was 4.4 percent in August last year.

Oct 01, 2018, 18:03 PM IST
RBI to inject Rs 36,000 crore into system in October

RBI to inject Rs 36,000 crore into system in October

The auctions to purchase government bonds as part of the Open Market Operations (OMO) to manage liquidity in the system will be conducted in the second, third and fourth week of October.

Oct 01, 2018, 15:28 PM IST
RBI likely to raise rates at Friday's review

RBI likely to raise rates at Friday's review

The monetary policy committee will start its three- day meeting from October 3 to decide on the fourth bi-monthly monetary policy.

Oct 01, 2018, 15:24 PM IST
GST Revenue collection for September crosses Rs 94,000 crore

GST Revenue collection for September crosses Rs 94,000 crore

The total revenue earned by central government after settlement in September is Rs 30,574 crore for CGST.

Oct 01, 2018, 13:18 PM IST
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

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