Economy

Pranab sees revival on the back of 'strong fundamentals' ?

Mukherjee said that despite the impact of euro-zone debt crisis on the economy, "India has continued to be a front runner in terms of economic growth in the region, which underlines the resilience of the Indian economy."

EGoM decision on pricing and refarming of spectrum? today

Meanwhile GSM operators have asked the government to take an independent look at Trai's and the industry's views on spectrum auction

Kelkar Panel to present fiscal consolidation report?

Reflecting a sense of urgency for disciplining government finances, an expert panel headed by former finance commission chairman Vijay Kelkar on Monday submitted its report to finance minister P Chidambaram.

At 8.5 percent, unemployment rate falls to pre-lockdown levels, suggests CMIE data; rural employment likely to see 'bigger gains' in coming months

India’s unemployment rate reduced to pre-lockdown levels at 8.5 percent during the week that ended on 21 June, Centre for Monitoring Indian Economy (CMIE) said.

SEBI comes out with operational framework for transactions in defaulted debt securities, to be implemented from 1 July onwards

Markets regulator SEBI allowed transactions in defaulted debt securities and put in place operational framework for such transactions

In a first, diesel becomes costlier than petrol in Delhi at Rs 79.88 per litre; prices hiked for 18 consecutive days

Diesel price for the first time ever crossed the rate of petrol in the national capital on Wednesday when prices were raised for a record 18th day in a row

Is China the new World Bank?

China's growing role in countries around the world provides ample opportunity to reconstruct the landscape of economic aid and financing. But reaching that goal requires a plan, and China must play its part in formulating it.

WEF: India needs to focus on innovation, infrastructure & inclusive growth, says Telangana's IT Minister

India is one of the most compelling business stories, the world has come to start believing in and the world has come to start looking at it in the right light.

Rupee pares losses, settles 5 paise higher at 70.82 ahead of much-anticipated US-China trade deal

The rupee pared its early losses to settle 5 paise higher at 70.82 against the US dollar on Wednesday, ahead of the signing of phase 1 trade agreement between the US and China

Sensex jumps over 340 points to hit record intra-day high of 40,816.38, Nifty above 12,000-mark; Reliance Industries jumps 4%

At 10.30 AM, the Sensex soared 302.90 points or 0.75 percent up at 40,772.60-intra day high

RBI Monetary Policy Updates: Efforts on to ensure another large NBFC does not default, says governor Shaktikanta Das

RBI MPC LATEST Updates: RBI governor Shaktikanta Das has said that efforts are on to ensure that another large non-banking finance company (NBFC) does not default.

India's August gold imports plunge 73% to hit three-year low on record high prices, hike in duty

India’s gold imports in August plunged 73 percent from a year ago to the lowest level in three years as a rally in local prices to a record high and a hike in import duty curtailed retail purchases of the precious metal

Kaushik Basu in fray for RBI chief post too, decision unlikely before Aug meet

Two government sources with direct knowledge of the matter also said Kaushik Basu, who is stepping down as the World Bank's chief economist, had made it onto a shortlist of candidates to take over when Rajan's term expires on Sept. 4.

Cyclone Fani: Reliance Foundation lends hand for relief work in Odisha and Andhra Pradesh

Reliance Foundation on Thursday said it is helping the governments of Odisha and Andhra Pradesh in carrying out relief work in the aftermath of cyclone Fani