Economy

Mumbai: Amid mounting concerns about the impact of coronavirus on global economy, Stock markets today plunged, tracking a collapse in global equities. The Sensex fell over 1,300 points to 38,403, extending the selloff to the…
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New Delhi: The price of non-subsidized petroleum gas (LPG) cylinders has now been sharply by the state-run oil marketing companies across metro cities. In Delhi, price of a 14.2 kg non-subsidized Indane gas cylinder rose to Rs 858.50…
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Mumbai: In a significant development, the Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 5.15 % in its first monetary policy Review after Budget 2020-21. The Monetary Policy Committee (MPC) maintained an…
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New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in the Parliament on Saturday. The Key Highlights of Union Budget 2020-21 are as follows: Three prominent themes of the Budget • Aspirational…
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New Delhi: The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman today presented the Economic Survey 2019-20 in the Parliament today.  The key highlights of the Economic Survey 2019-20 are as follows: Wealth…
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Budget 2020 India: Litmus test ahead for Finance Minister Nirmala Sitharaman as she will present an important Union Budget on 1 February. At a time when the GDP growth has collapsed from over 8 percent to 4.5 percent for second quarter of…
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Gurgaon: Zomato, one of the largest food apps in India, announced today that it has acquired Uber’s food delivery business in India in an all-stock transaction, which gives Uber 9.99% ownership in Zomato. Deepinder Goyal, Founder and…
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New Delhi: The combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at Rs 24,42,200 crore, revealed a new report from Oxfam ahead of the World Economic Forum…
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New Delhi: In yet another embarassment data for the Modi Government on economic front, the retail inflation rate in December has jumped to 7.35 percent from 5.54 percent in November, according to data released by the Central Statistics…
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Mumbai: In a major blow to the reputation of India’s largest public sector bank, State Bank of India (SBI) has under-reported bad loans by ₹11,932 crore in FY19, a Reserve Bank of India (RBI) risk assessment report said. The central bank…
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