Economy News

India's oil import bill to jump by $26 billion on rupee woes

India's oil import bill to jump by $26 billion on rupee woes

India imports over 80 percent of its oil needs.

Aug 16, 2018, 17:22 PM IST
Railways launches Digital Screens to spread awareness about Indian railways heritage

Railways launches Digital Screens to spread awareness about Indian railways heritage

Railway ministry made operational the digital screens at 22 stations on a pilot basis.

Aug 16, 2018, 15:51 PM IST
Falling rupee not a cause of worry: Niti Aayog VC

Falling rupee not a cause of worry: Niti Aayog VC

The rupee today slumped 43 paise against the dollar to trade at a life-time low of 70.32 on strong demand for the US currency.

Aug 16, 2018, 14:26 PM IST
Petrol, diesel price on 16th August 2018: Check out rates in metro cities

Petrol, diesel price on 16th 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 16, 2018, 10:10 AM IST
Inflation peaking off; August CPI likely at 3.8%: Report

Inflation peaking off; August CPI likely at 3.8%: Report

Retail inflation fell to 9-month low of 4.17 percent in July on declining vegetable prices.

Aug 14, 2018, 15:29 PM IST
India's Wholesale inflation eases to 5.09% in July

India's Wholesale inflation eases to 5.09% in July

The index for ‘Food Articles’ group rose by 2.1 percent.

Aug 14, 2018, 12:32 PM IST
Indian currency printed in China? Government denies report

Indian currency printed in China? Government denies report

Government said that Indian currency notes are being and will be printed only in RBI currency presses.

Aug 14, 2018, 10:08 AM IST
Petrol, diesel price on 14th August 2018: Check out rates in metro cities

Petrol, diesel price on 14th 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 14, 2018, 09:37 AM IST
Retail inflation slows to 9-month low of 4.17% in July

Retail inflation slows to 9-month low of 4.17% in July

India`s retail inflation rate slowed to 4.17 percent in July on smaller increases in food prices.

Aug 13, 2018, 17:49 PM IST
Jodhpur tops in 3rd party survey report on station cleanliness, Jaipur second, Tirupati third

Jodhpur tops in 3rd party survey report on station cleanliness, Jaipur second, Tirupati third

The third report of Third Party Audit-cum-Survey of ranking of cleanliness covers  407 stations.

Aug 13, 2018, 17:39 PM IST
Govt to give incentives to online aggregators for felicitating MSMEs biz

Govt to give incentives to online aggregators for felicitating MSMEs biz

The government wants to encourage the online sale of MSME products in small cities.

Aug 13, 2018, 16:05 PM IST
Banking sector outlook to stay negative till capital positions improve: Fitch

Banking sector outlook to stay negative till capital positions improve: Fitch

Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.

Aug 13, 2018, 13:13 PM IST
Is China printing Indian currency notes?

Is China printing Indian currency notes?

As per reports, there has been a recent surge in printing of notes in  money production plants across China.

Aug 13, 2018, 12:29 PM IST
Petrol, diesel price on 13th August 2018: Check out rates in metro cities

Petrol, diesel price on 13th 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 13, 2018, 10:27 AM IST
Consumers may get election bonanza as GST council may reduce slabs

Consumers may get election bonanza as GST council may reduce slabs

The finance ministry is in favour of merging the two slabs of 12 percent and 18 percent.

Aug 10, 2018, 18:03 PM IST
India's Industrial output grows by 7% in June

India's Industrial output grows by 7% in June

India's Industrial output grew by 7 percent in June driven by a pick up in capital goods manufacturing, official data showed on Friday.

Aug 10, 2018, 17:45 PM IST
Government confirms it has no proposal to withdraw Rs 2,000 notes

Government confirms it has no proposal to withdraw Rs 2,000 notes

RBI introduced Rs 2,000 notes following demonetisation of high value Rs 500 and Rs 1,000 notes in November 2016.

Aug 10, 2018, 16:43 PM IST
Earlier govts not serious on ethanol output, now it will save Rs 12K crore: PM

Earlier govts not serious on ethanol output, now it will save Rs 12K crore: PM

India meets more than 80 percent of its oil needs through imports.

Aug 10, 2018, 12:20 PM IST
Petrol, diesel price on 10th August 2018: Check out rates in metro cities

Petrol, diesel price on 10th August 2018: Check out rates in metro cities

Petrol prices in Delhi crossed the Rs 77 a litre mark for the first time in two months due to firming international rates on Tuesday.

Aug 10, 2018, 10:37 AM IST
Cabinet approves release of pulses to States with discount of Rs 15 per Kg

Cabinet approves release of pulses to States with discount of Rs 15 per Kg

Government has made record procurement of pulses during Kharif 2017 and Rabi 2018 marketing season under Price Support Scheme.

Aug 09, 2018, 17:57 PM IST

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