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ECONOMY

IMF agrees terms for USD 5 billion financial aid package to debt-ridden Mongolia

The International Monetary Fund said on Sunday that they and other partners have agreed on terms for a more than USD 5 billion loan package to Mongolia with an aim to revive the country's debt ridden...

PTI | Feb 19, 2017 06:29 PM

India should be pressurised to promote free trade: Chinese media

China "may need to adjust its speed and rhythm" to avoid overheating its outbound investment to India, state-run Global Times said.

PTI | Feb 17, 2017 07:10 PM

It's imperative one grows a thick skin fast, says RBI Governor

Patel said the remonetisation has been done at a "very quick" pace.

PTI | Feb 17, 2017 06:17 PM

Demonetisation | Economic growth will make sharp rebound: RBI governor Urjit Patel

Reserve Bank Governor Urjit Patel on Friday said India's economic growth will make a "sharp V" recovery following the recall of old 500 and 1,000 rupee notes.

PTI | Feb 17, 2017 01:43 PM

RBI proposes drastic cut in MDR charges on debit card payments from April 1 to promote digital transactions

RBI on Thursday proposed to drastically cut MDR charges on debit card payments from April 1 with a view to maintain momentum of digital transactions post note ban, especially among small merchants.

PTI | Feb 16, 2017 09:43 PM

Stifling of innovation by regulatory agencies will turn ‘Made in India’ into ‘Mad in India,’ says Bajaj

Peeved at hurdles being faced by his company to launch its quadri-cycle in India, industrialist Rajiv Bajaj on Thursday said stifling of innovation by regulatory agencies will turn ‘Made in India’...

PTI | Feb 16, 2017 08:26 PM

Air India inducts A320 neo plane, plans to add 13 more this year

The state-run carrier Air India has inducted the first Airbus 320 neo plane into its fleet.

PTI | Feb 16, 2017 07:12 PM

India's GDP will expand post demonetisation, says MoS Finance Arjun Ram Meghwal

Referring to the ongoing debate on the impact of note ban on GDP, he said experts are divided on the issue, but stressed that “it will definitely increase”.

PTI | Feb 16, 2017 04:44 PM

India must build a future around cognitive: IBM President

Global tech giant IBM lauded India, saying that the nation is the leader in information technology.

PTI | Feb 16, 2017 01:13 PM

India slips below Pakistan at 143 in economic freedom index: US think tank

India ranked a dismal 143 in an annual index of economic freedom by a top American think tank, behind its several South Asian neighbours including Pakistan, as progress on market-oriented reforms has...

PTI | Feb 16, 2017 11:26 AM

Trump’s decisions should be looked as blessing in disguise for IT market, says Mukesh Ambani

“Trump can actually be a blessing in disguise. The domestic IT industry can focus on solving problems right here, which is a huge market,” Ambani told the three-day Nasscom leadership forum that...

PTI | Feb 15, 2017 11:31 PM

India knocking at rare club of fast, steadily-growing economies: Report

Indian economy is becoming more efficient through five broad themes -- fast and steady rate of growth, market reforms, expanding digital footprint, revival in rural growth and creation of modern...

PTI | Feb 15, 2017 06:47 PM

Income Tax department opens 60 offices for online redressal of taxpayers’ grievances

After launching the ambitious e-nivaran facility for online redressal of taxpayers’ grievances, the Income Tax Department has now opened these windows at its 60 special offices across the country.

PTI | Feb 15, 2017 04:14 PM

E-commerce to log USD 50-55 billion industry size by 2021, says study

By 2025, consumer electronics would see maximum penetration of e-commerce between 38-42 per cent compared to 13-15 per cent currently

PTI | Feb 15, 2017 01:34 PM

Indian economy expected to grow by 7.4 per cent in FY 2018: India Ratings

The Indian economy is expected to grow by 7.4 per cent in the next fiscal year, India Ratings and Research (Ind-Ra) said on Tuesday.

PTI | Feb 14, 2017 06:12 PM