Economy News

RBI to infuse Rs 12,500 crore via OMOs on Thursday

RBI to infuse Rs 12,500 crore via OMOs on Thursday

The purchase will happen through multi-security auction using the multiple price method.

Mar 13, 2019, 10:40 AM IST
Railway passengers can enjoy 6-day IRCTC air package to Karnataka: Tour details and price

Railway passengers can enjoy 6-day IRCTC air package to Karnataka: Tour details and price

The Package named Essence of Karnataka will begin from June 7.

Mar 13, 2019, 09:34 AM IST
Retail inflation rises to 4-month high of 2.57% in February

Retail inflation rises to 4-month high of 2.57% in February

The earlier lowest inflation was 2.33 percent in November 2018.

Mar 12, 2019, 17:59 PM IST
India's Industrial production eases to 1.7 % in January

India's Industrial production eases to 1.7 % in January

In terms of industries, eleven out of the twenty three industry groups in the manufacturing sector have shown positive growth during the month of January.

Mar 12, 2019, 17:52 PM IST
5 states with highest and lowest rank in ease of doing business in last 3 years

5 states with highest and lowest rank in ease of doing business in last 3 years

The Doing Business assessment provides objective measures of business regulations and their enforcement across 190 economies.

Mar 12, 2019, 15:38 PM IST
Govt defers bid deadline for OALP-II by a month to April 10

Govt defers bid deadline for OALP-II by a month to April 10

Bids for the 14 blocks offered in OALP-II bid round, covering an area of 29,333 square kilometres, were to close Tuesday.

Mar 12, 2019, 13:18 PM IST
Banks in no hurry to link repo with interest rates

Banks in no hurry to link repo with interest rates

Also, several PSU banks have not responded when asked if they planned to go for the external benchmark linking with repo rate.

Mar 12, 2019, 13:00 PM IST
Railways offering more than 1 lakh jobs under 7th Pay commission salary band: Check eligibility, application dates

Railways offering more than 1 lakh jobs under 7th Pay commission salary band: Check eligibility, application dates

Applications complete in all respect should be submitted online to the chosen Railway Recruitment Board till April 26, 2019.

Mar 12, 2019, 12:51 PM IST
RBI board warned of noteban's short-term impact on economy; no material effect on black money

RBI board warned of noteban's short-term impact on economy; no material effect on black money

Curbing black money was one of the prime objectives of the shock move to junk old Rs 500 and 1,000 notes.

Mar 11, 2019, 18:08 PM IST
Govt overhauls oil, gas exploration policy; no profit to be charged on output in less explored areas

Govt overhauls oil, gas exploration policy; no profit to be charged on output in less explored areas

Existing contracts already having marketing and pricing freedom would continue on the existing terms.

Mar 11, 2019, 18:07 PM IST
IRCTC offers 5-day Assam-Meghalaya air package: Price and tour details

IRCTC offers 5-day Assam-Meghalaya air package: Price and tour details

The Assam Meghalaya Air Package will begin from April 20 to April 25, 2019.

Mar 11, 2019, 16:44 PM IST
States with highest, lowest Gross Domestic Product in last 7 years

States with highest, lowest Gross Domestic Product in last 7 years

Here is the Gross State Domestic Product at current prices of various States from 2011-12 to 2017-18.

Mar 11, 2019, 14:09 PM IST
Rs 5,215 crore transferred to about 2.6 crore farmers so far under PM-Kisan scheme

Rs 5,215 crore transferred to about 2.6 crore farmers so far under PM-Kisan scheme

Under the Scheme, Rs 6,000 will be given each year to eligible Small and Marginal Farmer families.

Mar 11, 2019, 13:13 PM IST
In a first, SBI links pricing of loans, deposits to repo rate

In a first, SBI links pricing of loans, deposits to repo rate

The new rates linked the external benchmark rate of the repo rate, will be effective May 1, the bank said in a late evening statement.

Mar 08, 2019, 22:44 PM IST
Rating agencies play critical role in providing stability to financial sector: RBI Guv

Rating agencies play critical role in providing stability to financial sector: RBI Guv

Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise.

Mar 08, 2019, 18:10 PM IST
Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg

Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg

As per the interim Budget 2019-20, the government has pegged fiscal deficit target of 3.4 percent for the current fiscal year ending March 31.

Mar 08, 2019, 18:08 PM IST
States with highest, lowest per capita NSDP in last 7 years

States with highest, lowest per capita NSDP in last 7 years

The Per Capita Net State Domestic Product (NSDP) in of Bihar stood lowest among all states.

Mar 08, 2019, 15:55 PM IST
Last date for GST annual return filing extended to June 30

Last date for GST annual return filing extended to June 30

The GST law mandates filing of annual return in FORM GSTR -9 and FORM GSTR-9A.

Mar 08, 2019, 13:36 PM IST
Driving licences, vehicle registration certificates to come in card format only

Driving licences, vehicle registration certificates to come in card format only

The option of providing a paper or booklet-based driving licence or registration certificate has been done away with.

Mar 08, 2019, 10:38 AM IST
FinMin notifies April 1 as date for availing increased GST exemption limit, composition scheme

FinMin notifies April 1 as date for availing increased GST exemption limit, composition scheme

Besides, the effective date for availing higher turnover cap of Rs 1.5 crore for availing composition scheme by traders has also been fixed as April 1.

Mar 08, 2019, 10:36 AM IST