Economy News

PM to launch 10th city gas licensing round on November 22

PM to launch 10th city gas licensing round on November 22

Modi through video conferencing will lay the foundation stones for 62 GAs during a function on November 22, Petroleum and Natural Gas Regulatory Board (PNGRB) Chairman said.

Nov 15, 2018, 14:00 PM IST
Direct tax collections to exceed target this fiscal: CBDT chief

Direct tax collections to exceed target this fiscal: CBDT chief

This year so far 6.02 crore ITRs have been filed with the Income Tax Department.

Nov 15, 2018, 13:57 PM IST
Rupee payment mechanism to bolster India's trade with Iran: TPCI

Rupee payment mechanism to bolster India's trade with Iran: TPCI

TPCI is a body supported by the Ministry of Commerce.

Nov 15, 2018, 12:56 PM IST
India's smart cities attract Chinese investors, experts caution about 'risk factors'

India's smart cities attract Chinese investors, experts caution about 'risk factors'

India has become a major investment destination for the Chinese companies.

Nov 15, 2018, 11:06 AM IST
Decline in  fuel prices continue; petrol at Rs 77.28 per litre in Delhi, Rs 82.80 in Mumbai

Decline in fuel prices continue; petrol at Rs 77.28 per litre in Delhi, Rs 82.80 in Mumbai

The decline in fuel prices continued on Thursday. 

Nov 15, 2018, 09:11 AM IST
RBI, govt trying to reach common ground on some key issues

RBI, govt trying to reach common ground on some key issues

If not in this board meeting, sources said, the issue of relaxation of PCA framework which the finance ministry has been pitching for would be reached in the next few weeks.

Nov 14, 2018, 16:37 PM IST
WPI inflation rises to 4-month high of 5.28% in October

WPI inflation rises to 4-month high of 5.28% in October

On the basis of Wholesale Price Index (WPI), inflation was 5.13 percent in September and 3.68 percent in October last year.

Nov 14, 2018, 12:17 PM IST
India Post launches e-commerce portal

India Post launches e-commerce portal

The Department of Posts has been focussing on e-commerce sector to increase its revenue receipts.

Nov 14, 2018, 11:37 AM IST
RBI to inject Rs 12,000 crore liquidity on November 15

RBI to inject Rs 12,000 crore liquidity on November 15

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

Nov 14, 2018, 11:33 AM IST
India is your best destination: Modi woos investors at Singapore Fintech Festival

India is your best destination: Modi woos investors at Singapore Fintech Festival

Addressing the Fintech Festival gathering, Prime Minister Modi lauded the role of technology in transformation of global economy.

Nov 14, 2018, 08:44 AM IST
11 rakes of 6 trains to be upgraded to ‘Utkrisht’ rakes by Central Railway

11 rakes of 6 trains to be upgraded to ‘Utkrisht’ rakes by Central Railway

The Indian Railways seems to be racing ahead in the bid to renew its identity and look.

Nov 14, 2018, 07:20 AM IST
PM Modi to launch APIX, a banking technology for 2 billion people without bank accounts

PM Modi to launch APIX, a banking technology for 2 billion people without bank accounts

APIX will support banks to reach out to those without bank accounts in 23 countries.

Nov 13, 2018, 14:56 PM IST
Making online user ID on IRCTC to soon become tougher

Making online user ID on IRCTC to soon become tougher

Ticketing agents make thousands of fake User IDs for booking e-tickets on IRCTC website.

Nov 13, 2018, 13:51 PM IST
Fuel prices continue to decline; petrol at Rs 77.43 per litre in Delhi, Rs 82.94 per litre in Mumbai

Fuel prices continue to decline; petrol at Rs 77.43 per litre in Delhi, Rs 82.94 per litre in Mumbai

Fuel prices plummeted further on Tuesday.

Nov 13, 2018, 06:43 AM IST
India's October retail inflation eases to 3.31%, September IIP at 4.5%

India's October retail inflation eases to 3.31%, September IIP at 4.5%

IIP in September with a marginal rise of 4.5 percent as compared to 4.3 percent in August.

Nov 12, 2018, 17:37 PM IST
India soon to have banking point within reach of 5 Kms of every citizen: Jaitley

India soon to have banking point within reach of 5 Kms of every citizen: Jaitley

The FM observed that during the period of 2014 – 2018, the population who had access to banking services rose from 58 percent to almost 100 percent.

Nov 12, 2018, 10:57 AM IST
Fuel prices continue to decline; petrol at Rs 77.56 per litre in Delhi, Rs 83.07 per litre in Mumbai

Fuel prices continue to decline; petrol at Rs 77.56 per litre in Delhi, Rs 83.07 per litre in Mumbai

Decline in fuel prices continued on Monday with petrol being retailed at Rs 77.56 per litre (decrease by Rs 0.17) in the national capital and diesel at Rs 72.31 per litre (decrease by Rs 0.15).

Nov 12, 2018, 07:58 AM IST
GST a monumental reform, hit growth only for 2 quarters: FM

GST a monumental reform, hit growth only for 2 quarters: FM

The strength of the banking system has to be improved so that liquidity in markets is maintained, Jaitley said.

Nov 11, 2018, 21:52 PM IST
What's the tearing hurry to fix RBI capital: P Chidambaram asks Narendra Modi government

What's the tearing hurry to fix RBI capital: P Chidambaram asks Narendra Modi government

Chidambaram has accused the BJP govt of trying to mount pressure on the RBI.

Nov 11, 2018, 13:20 PM IST
Fuel prices slashed again, petrol costs Rs 77.73 in Delhi

Fuel prices slashed again, petrol costs Rs 77.73 in Delhi

The diesel price in Delhi was slashed to Rs 72.46 per litre a cut of 12 paise.

Nov 11, 2018, 07:49 AM IST

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