Economy News

Eastern railway platforms all set to get taller

Eastern railway platforms all set to get taller

All together 83 stations have been selected, where immediately platform raising is required to avoid accidents.

Aug 22, 2018, 17:04 PM IST
Govt imposes restrictions on import of bio-fuels

Govt imposes restrictions on import of bio-fuels

The import of these items, which was free earlier, will now only be allowed for non-fuel purpose on actual user basis.

Aug 22, 2018, 15:43 PM IST
Govt unveils draft UDAN scheme for international routes

Govt unveils draft UDAN scheme for international routes

The draft International Air Connectivity (IAC) scheme envisages to increase the international ticketing to 20 crore by 2027.

Aug 22, 2018, 10:52 AM IST
Petrol, diesel price on 22nd August 2018: Check out rates in metro cities

Petrol, diesel price on 22nd August 2018: Check out rates in metro cities

Retail selling prices have been firming up since July 30 as international rates inched up.

Aug 22, 2018, 09:36 AM IST
Govt extends deadline for filing July GSTR-3B till August 24

Govt extends deadline for filing July GSTR-3B till August 24

The earlier due date was August 20.

Aug 21, 2018, 18:12 PM IST
Trade deficit greater concern than rupee, says Niti chief

Trade deficit greater concern than rupee, says Niti chief

The sharp surge in imports in July this year had led to worsening of India's trade deficit to 5-year high of USD 18.02 billion.

Aug 21, 2018, 17:51 PM IST
RBI staff forum to go on two-day mass leave over pension issues

RBI staff forum to go on two-day mass leave over pension issues

The forum will also submit a memorandum to the respective regional directors of all RBI centres on August 27.

Aug 21, 2018, 17:47 PM IST
Govt aid will give capital relief to banks, but stress will remain: Moody's

Govt aid will give capital relief to banks, but stress will remain: Moody's

The government plans to provide Rs 65,000 crore of new capital for public sector banks.

Aug 21, 2018, 17:06 PM IST
Petrol, diesel price on 21st August 2018: Check out rates in metro cities

Petrol, diesel price on 21st August 2018: Check out rates in metro cities

State-owned oil firms had in mid-June last year dumped 15-year practice of revising rates on 1st and 16th of every month in favour of daily price revisions.

Aug 21, 2018, 09:49 AM IST
Parliamentary panel calls ex-RBI gov Rajan to brief on mounting NPAs

Parliamentary panel calls ex-RBI gov Rajan to brief on mounting NPAs

The panel has already questioned senior finance ministry officials, including Finance Secretary Hasmukh Adhia and top brass of banks, about rising bad loans.

Aug 20, 2018, 18:30 PM IST
Indian Railways' operating ratio worsens; Rs 111.51 spent to generate Rs 100

Indian Railways' operating ratio worsens; Rs 111.51 spent to generate Rs 100

The operating ratio has been hovering above 90 percent for the last five or six years.

Aug 20, 2018, 18:09 PM IST
GST Council may propose inclusion of ATF under GST in its next meeting

GST Council may propose inclusion of ATF under GST in its next meeting

ATF constitutes approximately 35-40 percent of operational cost of an airline in India.

Aug 20, 2018, 16:14 PM IST
India's CAD is expected to widen to 2.8% of GDP this fiscal: Report

India's CAD is expected to widen to 2.8% of GDP this fiscal: Report

With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that CAD might rise in the current fiscal.

Aug 20, 2018, 11:44 AM IST
Petrol, diesel price on 20th August 2018: Check out rates in metro cities

Petrol, diesel price on 20th August 2018: Check out rates in metro cities

Retail selling prices have been firming up since July 30 as international rates inched up.

Aug 20, 2018, 10:57 AM IST
Demonetisation, GST led to decline in MSME credit: RBI study

Demonetisation, GST led to decline in MSME credit: RBI study

The credit disbursal to the MSME sector recovered a tad since the lows of 2017 to reach the mid-2015 level, notes an RBI report called the Mint Street Memo.

Aug 18, 2018, 10:17 AM IST
India clocked 10.08 pc growth under Manmohan Singh's tenure, shows data

India clocked 10.08 pc growth under Manmohan Singh's tenure, shows data

The highest ever growth rate since Independence was recorded at 10.2 per cent in 1988-89 when Rajiv Gandhi was prime minister.

Aug 17, 2018, 23:46 PM IST
Railways' glass-top coach in Kashmir - all dressed up and nowhere to go

Railways' glass-top coach in Kashmir - all dressed up and nowhere to go

The 40-seater vistadome coach was announced in June last year by then Railway Minister Suresh Prabhu.

Aug 17, 2018, 13:04 PM IST
Petrol, diesel price on 17th August 2018: Check out rates in metro cities

Petrol, diesel price on 17th August 2018: Check out rates in metro cities

Oil prices fell on Friday, with US crude heading for a seventh weekly decline.

Aug 17, 2018, 10:29 AM IST
Highways to overseas oilfield acquisition: Vajpayee a bellwether policy reformer

Highways to overseas oilfield acquisition: Vajpayee a bellwether policy reformer

Regarded by some as the father of second generation economic reforms, Vajpayee, was decisive and pursued his reforms agenda with vigour.

Aug 16, 2018, 19:02 PM IST
Key economic decisions taken by Atal Bihari Vajpayee

Key economic decisions taken by Atal Bihari Vajpayee

Vajpayee continued with spirit of economic reforms introduced under PV Narasimha Rao government of 1991.

Aug 16, 2018, 17:53 PM IST

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