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Business Standard: Economy and Policy

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Economic News: Read Latest Economic News headlines, monetary policy highlights, Budget, RBI bulletin, news on Interest Rates, Indian economy, and analysis, from Business Standard.
Updated: 2 min 4 sec ago

States must reduce duty on petrol, create fiscal space, says NITI Aayog V-C

50 min 5 sec ago
The rising crude prices in the international market prompted state-owned oil companies to raise domestic prices for 11th day in a row
Categories: India News

Yawning deficits to world-beating growth punctuate Modi's four-year rule

1 hour 1 min ago
Still, all's not well with the economy
Categories: India News

Modi has an oil price headache and Saudi Arabia may just make it worse

5 hours 4 min ago
Saudi Arabia is aiming for $80 to support the valuation of Saudi Aramco before an initial public offering
Categories: India News

Falling mining investment lending support to Asian coal prices: Fitch

5 hours 26 min ago
Many global and regional banks have toughened their stance on lending for coal mining, reflecting concerns about climate change and, in some cases, pressure from environmental groups
Categories: India News

Emerging markets staring at debt crisis? Paul Krugman, Mark Mobius think so

7 hours 5 min ago
A dozen emerging-market currencies have fallen more since February than they did during the 2013 taper tantrum
Categories: India News

After Rafale splurge, a sensible Jaguar upgrade

Wed, 05/23/2018 - 9:38pm
Indian Air Force is rejuvenating 80 ageing Jaguar fighters into highly capable, multi-role, combat aircraft for a mere $1.5 billion
Categories: India News

Will not increase the number of GM-level posts in PSBs: Modi Govt

Wed, 05/23/2018 - 9:36pm
After a recent review, the department of financial services (DFS) sent a letter to 19 PSBs that the ceiling on the number of number of GMs will not be raised
Categories: India News

Govt charting long-term plan to tame fuel prices, says Ravi Shankar Prasad

Wed, 05/23/2018 - 9:33pm
Among the proposals being discussed is that OMCs, too, should be asked to take a small hit by way of compensating petrol and diesel dealers a cut in their commission.
Categories: India News

I don't have a track record of making false promises: Nitin Gadkari

Wed, 05/23/2018 - 9:31pm
GST is the biggest reform in the country since Independence, said Gadkari
Categories: India News

Home truth: Spike in housing finance companies bad loans hobbles PMAY

Wed, 05/23/2018 - 9:27pm
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
Categories: India News

Lower agriculture input costs to contain food inflation

Wed, 05/23/2018 - 8:45pm
The average agriculture input cost inflation over the past year has been -1.4%
Categories: India News

India takes US steel tariffs complaint to World Trade Organization

Wed, 05/23/2018 - 3:18pm
India, China, Russia, Japan, Turkey and the European Union have all dismissed that claim, regarding the US tariffs as 'safeguards' under the WTO rules
Categories: India News

Petrol, diesel price hike: Guide for middle-class Indians on fuel prices

Wed, 05/23/2018 - 11:48am
For the tight-budgeted Indian, the petrol and diesel price hike is a serious damper. Here's a guide to petrol and diesel prices in pan India
Categories: India News

How PM Modi can fulfill his pledge of doubling farmers' income by 2022

Wed, 05/23/2018 - 10:46am
The NITI Aayog's proposals could be sent to the Indian cabinet before September for a decision so that a selected program could be implemented before the harvesting of monsoon-sown crops from October
Categories: India News

India's net direct tax collection rises 18% to Rs 10.03 trillion

Wed, 05/23/2018 - 10:39am
The growth was the fastest in seven fiscal years
Categories: India News

Digital gobbles up the business, but banks may not stop adding branches

Wed, 05/23/2018 - 9:16am
Acquiring new customers drives growth more than digging deeper into the wallets of existing ones, they say
Categories: India News

FinMin ties up with Ola, other e-commerce firms to give loans under PMMY

Wed, 05/23/2018 - 8:46am
The three way partnership between lenders, industry and the government aims to facilitate small business loans
Categories: India News

India strengthens joint commitments with France, Morocco on clean energy

Wed, 05/23/2018 - 7:46am
The Cabinet today gave its ex-post facto approval to two separate memorandum of understandings (MoUs) with France and Morocco for cooperation in the field of renewable energy. "The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and France in the field of Renewable Energy on March 10, 2018 in New Delhi," an official statement said. Both sides (India and France) aim to identify research/ demonstration/ pilot project between National Institute of Solar Energy (NISE), India and Commissariat a I'Energie Atomique et aux Energies Alternatives (CEA), France in the mutually identified areas. Based on mutual agreement, both parties will work for implementation & deployment of pilot project in ISA member countries. Collaboration may occur through several means, including joint research projects, R&D, workshops, Research and Technology exchange, including exchange of domain experts. ..
Categories: India News

Yogi government to launch projects worth Rs 500 billion next month

Wed, 05/23/2018 - 7:41am
Projects belong to top corporate groups viz. Reliance, Adani, Birla, Essel, PayTM
Categories: India News

Committee with PM, Opposition leader should choose CEC: Pvt member's bill

Wed, 05/23/2018 - 7:25am
The bill, moved by Odisha Lok Sabha MP Baijayant Panda, seeks to amend the CEC and other Election Commissioners (Conditions of Service) Amendment Act, 1993
Categories: India News