Economy News

Fuel prices dip again; petrol costs Rs 75.57/litre in Delhi, Rs 81.10/litre in Mumbai

Fuel prices dip again; petrol costs Rs 75.57/litre in Delhi, Rs 81.10/litre in Mumbai

The prices of domestic fuel dipped further on Friday with petrol being sold at Rs 75.57 per litre while diesel at Rs 70.56 per litre in the national capital. In Mumbai, the prices of petrol and

Nov 23, 2018, 07:04 AM IST
Employability in India touches new high of 47%, engineers most employable: Report

Employability in India touches new high of 47%, engineers most employable: Report

The employability rose by 14 percentage points in the last five years, from 33 per cent in 2014, according to India Skills Report.

Nov 22, 2018, 19:21 PM IST
Domestic air pax up 13.34% in October, lowest since July 2017

Domestic air pax up 13.34% in October, lowest since July 2017

The January-October cumulative travel demand also surged a healthy 20.11 percent, at 11.46 crore passengers as per data.

Nov 22, 2018, 17:27 PM IST
PM Modi lays foundation stone for city gas work in 122 districts

PM Modi lays foundation stone for city gas work in 122 districts

PNGRB had offered 106 GAs in the previous eight bid rounds, of which 56 were awarded.

Nov 22, 2018, 17:11 PM IST
Flying out of Delhi airport to be costlier from December 1

Flying out of Delhi airport to be costlier from December 1

Currently, Rs 10 is levied on domestic tickets and Rs 45 on international tickets by the airport operator DIAL as passenger service fee.

Nov 22, 2018, 16:14 PM IST
Train 18, India's first engine-less train to hit tracks by December end: Route, fare and more

Train 18, India's first engine-less train to hit tracks by December end: Route, fare and more

T18 may have TEJAS train like fare structure.

Nov 22, 2018, 13:20 PM IST
Fuel prices slashed again, petrol costs Rs 75.97 in Delhi

Fuel prices slashed again, petrol costs Rs 75.97 in Delhi

The diesel price in Delhi was slashed to Rs 70.97 per litre a cut of 30 paise and its price in Mumbai was Rs 74.34 per litre, a decrease by 32 paise.

Nov 22, 2018, 08:17 AM IST
50% ATMs in India may be shut down by March 2019, warns industry body

50% ATMs in India may be shut down by March 2019, warns industry body

Nearly 50 percent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations.

Nov 21, 2018, 20:22 PM IST
UK biz perception of corruption as barrier to operate in India has halved since 2015: UKIBC report

UK biz perception of corruption as barrier to operate in India has halved since 2015: UKIBC report

However, it added that there is still room for improvement in important areas.

Nov 20, 2018, 10:36 AM IST
Expert committee to look into issues concerning capital surplus: RBI

Expert committee to look into issues concerning capital surplus: RBI

Further, the apex bank has been advised to consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such

Nov 20, 2018, 10:35 AM IST
RBI to inject Rs 8,000 crore liquidity on November 22

RBI to inject Rs 8,000 crore liquidity on November 22

The OMO operation will help ease tight liquidity situation triggered by series of default by group companies of IL&FS.

Nov 20, 2018, 10:34 AM IST
Exit mechanism for banks under PCA crucial: Sanjeev Sanyal

Exit mechanism for banks under PCA crucial: Sanjeev Sanyal

Out of the 21 state-owned banks, 11 are under the PCA framework at present.

Nov 20, 2018, 10:33 AM IST
RBI, govt signal truce; sends contentious issue of surplus to expert panel

RBI, govt signal truce; sends contentious issue of surplus to expert panel

The expert committee to be set up will now decide about the adequate size of capital base.

Nov 20, 2018, 10:32 AM IST
Easing tensions between RBI, govt positive for INR assets: DBS

Easing tensions between RBI, govt positive for INR assets: DBS

INR bonds have retained recent gains but struggled to make further headway.

Nov 20, 2018, 10:12 AM IST
Fuel prices continue to slide, petrol in Delhi at Rs 76.38 per litre

Fuel prices continue to slide, petrol in Delhi at Rs 76.38 per litre

The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil.

Nov 20, 2018, 07:09 AM IST
 PM Narendra Modi aims to double Indian economy, eyes top 50 rank in 'ease of doing business'

PM Narendra Modi aims to double Indian economy, eyes top 50 rank in 'ease of doing business'

India has improved its ranking by 53 positions in the last two years and 65 places in four years since 2014

Nov 19, 2018, 22:14 PM IST
RBI board agrees to improve liquidity after marathon meet as government pressure mounts

RBI board agrees to improve liquidity after marathon meet as government pressure mounts

The Modi government has been pressuring the RBI to reduce capital ratios for banks to speed up loans to small businesses.

Nov 19, 2018, 20:43 PM IST
CAG report on demonetisation to be ready before Budget Session

CAG report on demonetisation to be ready before Budget Session

Apart from the audit report on demonetisation, the report on Goods and Services Tax is also due during the Budget Session.

Nov 19, 2018, 18:08 PM IST
HC grants time to UIDAI to file response on plea raising concern over Aadhaar data security

HC grants time to UIDAI to file response on plea raising concern over Aadhaar data security

The petition has contended that the breaches occurred due to "negligence and willful recklessness" on the part of UIDAI in adopting reasonable security measures to secure private information.

Nov 19, 2018, 18:05 PM IST
Reforms needed in WTO to support better global trade order: Suresh Prabhu

Reforms needed in WTO to support better global trade order: Suresh Prabhu

Prabhu said that without WTO, trade, economy will not expand as it is the only organization dealing with global rules of trade between nations.

Nov 19, 2018, 17:50 PM IST

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