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Economy News
  • 30 Aug 14
    03:22 PM
    Finance Minister Arun Jaitley today said that NDA government had managed to bring back investors, who had been disillusioned with India. Restarting the growth and investment cycles are still the top priority for the government, he added.
    03:20 PM
    The Narendra Modi Government has within 100 days in office brought the economy back on track, which is reflected in the increase in the GDP growth rate, Railway Minister D V Sadananda Gowda said today.
    03:16 PM
    Bharatiya Janata Party (BJP) leaders said here on Saturday that they were looking forward to Prime Minister Narendra Modi's visit to Japan, as a way to not only enhance the nation's economy, but also to boost cordial relations between the two countries.
    02:55 PM
    BSP supremo Mayawati today claimed that the newly-launched 'Prime Minister Jan Dhan Yojna' will 'not serve' much purpose, as there was a need to give direct monetary benefit to the poor and downtrodden and not merely open bank accounts for them.
    02:49 PM
    Long queues were seen at banks in Agra to open accounts under the new Jan Dhan scheme and the response from the "under-privileged" section of the society was surprising, an officials said Saturday.
    01:36 PM
    Taking credit for the uptick in domestic economy, former Finance Minister P Chidambaram today said the 5.7% growth in the first quarter vindicates UPA government's projection that revival would take place in the beginning of 2014-15 as a result of
    11:40 AM
    Malaysia and India will soon review their economic cooperation pact, signed in 2011, to chart out ways to enhance and diversify trade further, the Indian High Commissioner to Malaysia has said.
    02:31 AM
    French magistrates earlier this week put Lagarde under formal investigation for "negligence" after questioning her in Paris for a fourth time.
    12:59 AM
    For the quarter ended June this year, India’s economy grew at a nine-quarter high of 5.7 per cent, compared with 4.6 per cent in the previous quarter, driven largely by industry, even as the biggest segment of the services sector — trade,
    12:58 AM
    In a case related to the 2G telecom spectrum allocation scam, the Central Bureau of Investigation (CBI) on Friday filed a charge sheet, naming the Maran brothers — Dayanidhi and Kalanithi.
    12:50 AM
    The Centre's fiscal deficit touched 61.2 per cent of the full-year Budget Estimate (BE) in April-July, only a notch lower than the 62.8 per cent in the same period last year.
    12:49 AM
    Clouds of uncertainty continue to hover over scores of hydropower projects in the Bhagirathi and Alaknanda valleys in Uttarakhand, with capacities of more than 6,000-7,000 megawatts (Mw) facing legal and environment hurdles.
    12:49 AM
    Growth in gross domestic product (GDP) during the financial year's first quarter has shown promise. But worries remain in the coming quarters due to a below-normal monsoon.
    12:48 AM
    Gross domestic product (GDP) data released on Thursday showed a sharp revival in industry in the first quarter of the current financial year.
    12:48 AM
    After visiting India's immediate neighbours Bhutan and Nepal, Prime Minister Narendra Modi will embark on a five-day visit to Japan starting Saturday.
    12:46 AM
    India’s farm sector growth in the first quarter of 2014-15 stood at 3.8 per cent, marginally lower than the four per cent during the corresponding period last year, mainly due to a base effect and slight slowing in the non-crop segment.
    12:46 AM
    At a recent meeting chaired by chief secretary Gokul Chandra Pati, it was decided that an action plan will be prepared for enabling the existing performing IT units with turnover more than Rs 5 crore to ramp up their turnover to the scale of Rs 50-100
    12:45 AM
    The Union power ministry has finalised AT&C loss trajectory for all states. The roadmap has set target for progressive decline in the loss that is hurting operations of distribution companies (discoms), eroding their margins.
    12:44 AM
    The services sector showed a lower growth of 6.8 per cent in April-June this year, against 7.2 per cent in the year-ago period, the financial year's first quarter.
    12:42 AM
    Notwithstanding a better gender balance in the southern part of the country, child marriage has been found to be on a rise in Kerala in recent years, according to United Nations Children’s Fund (Unicef).
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O N G C435.151.73
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