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Economy News

Indian petrol prices

18 Feb 2021

Fuel on fire, petrol prices hiked for the 11th day in a row

Oil prices in India have been rising steadily for the last 9 days. The petrol prices in Sri Ganganagar, Rajasthan has hit a century. The price of petrol in the national capital has gone up to Rs 90

15 Feb 2021

Indian-Allahabad Bank merger: Find out your new IFSC code, mobile banking app

New rules have come into force from today (February 15). Customers will have to use the new IFSC code for money transfer. Allahabad Bank's checkbook and ATMs will continue to work for the next 6 months.

23 Jan 2020

Global trade barriers creating opportunities for India: L&T

On expectations from the upcoming Union Budget, L&T's Whole Time Director and CFO R Shankar Raman said the government does not have enough resources to meet its plans for public spending.

Nirmala Sitharaman

05 Nov 2019

Govt keen to help people affected in real estate sector: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said in an event that the government is very keen on working with RBI to see how best to help the people who have been affected in the real estate sector by tweaking laws where necessary.

05 Nov 2019

Government to bring in new base year for GDP calculation

Though the year 2017-18 is under consideration as the new base year, no final decision has been taken as the committees of experts are awaiting some more data before finalising their opinion, MOSPI Secretary Pravin Srivastava said at an industry chamber Ficci-organised conference.

07 Oct 2018

China pumps USD 109 bn into economy as trade war bites on growth

China's central bank said that it was cutting the reserve requirement ratios (RRRs) by one per cent from October 15.

11 Sep 2015

Manufacturing emerging as leader of industrial growth: FinMin

With July factory output data showing significant uptick year-on-year, the Finance Ministry Friday said the manufacturing sector is slowly emerging as a leader of the industrial growth and the economy is improving steadily.

09 Sep 2015

China announces multiple fiscal policies to boost growth

China Wednesday announced proactive fiscal policies aimed at stabilising growth in the world's second largest economy as it grappled with industrial overcapacity, sluggish demand, struggling exports and a volatile stock market.

08 Sep 2015

PM Modi meets India Inc amid global gloom in markets

Prime Minister Narendra Modi on Tuesday chaired a high level meeting on global economic scenario with about 40 captains of industry and leading economists at his Race Course Road residence.

08 Sep 2015

Amid global gloom in markets, PM Modi to meet India Inc leaders today

The high-level consultative meeting on the agenda -- 'Recent Global Events: Opportunities for India', would also be attended by RBI Governor Raghuram Rajan and Niti Aayog Vice-Chairman Arvind Panagariya.

08 Sep 2015

PM Modi to meet industry leaders today on global economic scene

Prime Minister Narendra Modi will today meet business leaders including Reliance Industries head Mukesh Ambani, Tata Group Chairman Cyrus Mistry as well as bankers and economists to discuss global economic scenario.

06 Sep 2015

Economic crisis: Is the future bleak?

As economic crisis in the developed economies continues, the best that is on offer is a slow recovery; the high growth rates of 1992-2007 are not likely to return anytime soon, says a new book.

03 Sep 2015

US economy continues to expand: Fed survey

The US economic activities continued to expand across most surveyed regions and sectors during the period from July to mid-August, according to a survey by the Federal Reserve.

01 Sep 2015

DIPP may announce states' ranking on ease of doing biz this week

The Department of Industrial Policy and Promotion (DIPP) is expected to release the ranking of states on 'ease of doing business' this week.

01 Sep 2015

'Weak sales, stagnant prices pose challenge for realty companies'

Developers will not reduce price to boost sales, rather will continue with their strategy to reduce apartment size and offer freebies, Moody's Investors Service said.

31 Aug 2015

Post GDP data, India Inc presses for cheaper capital

With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.

01 Sep 2015

Economic growth slows to 7% in April-June quarter

Reflecting a muted performance, the GDP growth slowed to 7 percent in the April-June quarter, from 7.5 percent in the previous quarter, amid deceleration in farm, services and manufacturing sectors.

economic growth

31 Aug 2015

Expert views: Economic growth slows to 7% in April-June

India`s economic growth slowed to a lower-than-expected 7 percent in the three months through June from 7.5 percent in the previous quarter, government data showed on Monday.

31 Aug 2015

India's economic growth disappoints at 7% in April-June quarter

Despite backed by a strong growth in mining, manufacturing and construction sectors, the country's economic growth of 7 percent was seen as disappointing.

31 Aug 2015

Eight core sector growth slows to 3-month low of 1.1% in July

Growth of the eight core industries slowed to 1.1 percent in July as compared to the 3.1 percent in the same period a year ago, government showed Monday.

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