IMF chief Kristalina Georgieva says slowdown in Indian economy is temporary, expects a better growth in 2020
IMF chief Kristalina Georgieva on Friday said at the WEF that economic slowdown in India appears to be temporary
January 24, 2020
Economy and Finance
News and views related to the Indian Economy and Financial sector
Fugitive Businessman Nirav Modi’s luxury assets and paintings to be auctioned by ED through Mumbai-based auction house
Nirav Modi's luxury assets to be auctioned by ED through Mumbai-based auction house Saffronart
January 22, 2020
India registers 16 per cent growth in FDI investments to $49 billion in 2019: UN Report
India attracted $49 billion FDI inflows in 2019, 16 per cent up from the $42 billion in 2018
January 21, 2020
Over 19.6 lakhs new jobs added in ESIC payroll data in November 2019, highest net addition this financial year
According to ESIC payroll data, over 19.6 new jobs have been added in November 2019 alone
January 21, 2020
GST collection crosses Rs 1 lakh crore in December with 16 percent annual growth, second month in a row
According to the press release, Arunachal Pradesh showed the highest rate of growth of gross GST in December at 124%,…
January 2, 2020
Gross NPA declines for the first time in seven years, thanks to Insolvency and Bankruptcy Code, says RBI report
The RBI report stated that there was a decline in both gross NPA and in the net NPA ratios.
December 25, 2019
Tech-giant Google recognises success of India’s UPI, recommends US Federal Reserve to implement similar model
Tech-giant Google has recommended that the US Federal Reserve implement a real-time payments platform similar to India's UPI.
December 14, 2019
Implementation of 7th Pay Commission increased costs for Indian Railways, explains Union Minister Piyush Goyal
The CAG report on Railway Finances tabled in the Parliament on Monday raised questions on the operations of the Indian…
December 4, 2019
Indian diaspora abroad sent USD 78.6 billion in remittances home, highest in the world: Reports
Next to India, China received $67.41 billion, which is 9.8% of the global remittance figure. Mexico stands in third place with…
November 28, 2019
Economic growth may have slowed down but there is no recession, there never will be: FM Nirmala Sitharaman
FM Nirmala Sitharaman was speaking at the Short Duration Discussion on Indian economy in the Rajya Sabha
November 28, 2019
As US-China trade war intensifies, India plans incentives for 324 companies including Tesla to invest in India
The proposal is expected to reduce red tape and set the country on its way to achieving a $5 trillion…
November 21, 2019
3 years of Demonetisation: Here are 10 most important goals it managed to achieve
It has been three years since PM Modi stunned the nation with a bold move - Demonetisation.
November 8, 2019
Finance Minister Nirmala Sitharaman announces ₹25,000 crore alternate investment fund to revive stalled housing projects
Cabinet approves a "Special Window" to provide priority debt for completing stalled housing projects
November 6, 2019
Inputs from RSS and farmers association stopped Modi govt from being a part of RCEP, world’s largest free trade agreement
On Monday, India announced that it will not be part of the Regional Comprehensive Economic Partnership or RCEP, which will…
November 5, 2019
How realistic is Prime Minister Modi’s target of making India a $5 trillion economy by 2024
India’s Prime Minister Mr Narendra Modi has declared his vision of making India a $5 trillion economy by 2024.
November 4, 2019
All you wanted to know about the RCEP, the trade deal forming the world’s largest economic block
The RCEP will provide the Indian industry with a large market with low trade barriers
November 4, 2019
Government clarifies that there is no ‘Gold Amnesty Scheme’ after media publishes misleading reports
Media houses had reported earlier today that the government may soon announce a 'gold amnesty scheme' which will fix a…
October 31, 2019
India’s economic slowdown temporary, will reverse in coming quarters: RIL chairman Mukesh Ambani expresses confidence in govt reforms
PM Modi, who was also in Saudi Arabia as the keynote speaker at the FII in Riyadh listed the attractiveness…
October 30, 2019
Reserve Bank of India clarifies that it has not sold any gold or trading in it, refutes the ET report categorically
Tweaking its headline a bit, the ET had falsely reported that RBI has begun to sell some of its gold…
October 27, 2019
India among 10 most improved economies, jumps 14 places to reach 63rd rank in the World Bank’s Ease of Doing Business rankings
India, which was ranked 77th among 190 countries in the previous Ease of Doing Business ranking, has shown an improvement…
October 24, 2019
Hua to Hua? Manmohan Singh now says ‘what happened did happen’
Manmohan Singh had this simple comeback to Nirmala Sitharaman pointing out the financial disaster that the UPA government created in…
October 19, 2019
PM Modi was gracious in congratulating me, economic slowdown not India specific: Esther Duflo on India, PM Modi and the Economy
Esther Duflo, who belongs to France also stated how President Macron only congratulated her and did not mention the other…
October 19, 2019
‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade
Sitharaman said that it was during Rajan's time as Governor of the Reserve Bank that loans were given just based…
October 16, 2019
Despite job loss rumours, Parle’s net profit rises 15.2% to Rs 410 crores in FY19: Report
Parle Biscuits' net profit for FY19 stands at Rs 410 crores.
October 16, 2019
PMC Bank scam: Another PMC bank depositor dies of heart attack, second death within a day
Punjabi's death comes just a day after another depositor named Sanjay Gulati had died of a heart attack in Mumbai…
October 16, 2019
Nobel to Abhijit Banerjee or not, read the NYAY offer document carefully
As soon as the news spread yesterday that Abhijit Banerjee had won the Nobel Prize, an army of trolls descended…
October 15, 2019
IRCTC shares to be listed on stock market on Monday, 14th October
The shares will be listed on both, the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange).
October 13, 2019
Amazon, Flipkart festival sales generate Rs 19,000 crores In 6 days, expected to touch Rs 39,000 crore in October alone
The year-on-year (YoY) growth during the festive sale period was 30 per cent, with significant share coming from customers in…
October 9, 2019
Zee MD Punit Goenka assures investors that the company aims to repay their outstanding debt in 3 months
Zee MD plans to repay all if its Rs 5000 crores loan in domestic market in the next 90 days
October 7, 2019
India has significantly enlarged global profile steered by decisive leadership, shown remarkable resilience amid global slowdown: WEF President Borge Brende
World Economic Forum president Borge Brende said that India can play a crucial role in the development
October 4, 2019