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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: 30 min 26 sec ago

Tariff hike is unacceptable, must be withdrawn: Donald Trump to India

1 hour 54 min ago
US Secretary of State Mike Pompeo sought to reduce heightened trade tension with India on Wednesday
Categories: India News

Mike Pompeo promises better relations with India, but plays down trade spat

Wed, 06/26/2019 - 11:10pm
trade disputes have led to higher tariffs by the two countries and created unease over the depth of their security alliance
Categories: India News

Promoters can take part in liquidation process if lenders okay IBC exit

Wed, 06/26/2019 - 6:08pm
Fate of several companies is hanging in the balance as defaulting promoters approach the NCLT to settle dues with creditors
Categories: India News

NTPC-Power Grid JV likely to be distribution sector operator

Wed, 06/26/2019 - 5:59pm
Senior government officials dismissed the notion that the new company would function like an alternative discom
Categories: India News

Direct tax code panel to curb tax lawsuits, modify faceless scrutiny

Wed, 06/26/2019 - 5:49pm
CBDT expands terms of reference; CEA made part of the panel
Categories: India News

Now, risk scores will be assigned to determine taxpayers' audit scrutiny

Wed, 06/26/2019 - 5:30pm
Taxpayers, along with their risk scores, have been divided into three categories - large, medium, and small
Categories: India News

American investments worth trillions waiting for India, says Pompeo

Wed, 06/26/2019 - 5:11pm
US secretary of state pitches for free flow of data across countries
Categories: India News

Tracking the rains: Southwest monsoon stages a recovery of sorts

Wed, 06/26/2019 - 4:10pm
Weatherman said the rains will gather steam and could cover the entire country in the next few weeks
Categories: India News

Payments data must be stored in systems located in India, says RBI

Wed, 06/26/2019 - 4:00pm
The clarification has come a week after the government said the RBI would examine concerns around its strict data-localisation guidelines
Categories: India News

Budget likely to charge up electric vehicle push with tax incentives

Wed, 06/26/2019 - 1:47pm
The govt is also examining extension of tax holiday for units operating or planning to set up operations in special economic zones
Categories: India News

RBI panel report suggests big role for NBFCs in developing MSME sector

Wed, 06/26/2019 - 1:24pm
However, if more NBFCs are allowed in the factoring platform, MSMEs will immediately witness ready buyers, and their debtor delay and working capital cycle will improve vastly
Categories: India News

India taps EU to adopt bloc's security recommendations for 5G network

Wed, 06/26/2019 - 1:17pm
A series of stakeholder meetings are planned among the member states, and the final guidelines are expected by December
Categories: India News

PM Modi condemns Jharkhand mob lynching, says incident pained him

Wed, 06/26/2019 - 1:13pm
Guilty should get severest punishment but for this the entire state has been pronounced guilty and everyone put in dock, which is not right, Modi said
Categories: India News

Rising tariff clashes, WTO reforms on PM Modi's agenda for G20 Summit

Wed, 06/26/2019 - 1:07pm
India to keep the ball rolling on talks regarding fugitive economic offenders
Categories: India News

Payment firms must return data to India for storage within 24 hours: RBI

Wed, 06/26/2019 - 12:24pm
RBI sticks clarifies that payment transactions can be processed outside the country.
Categories: India News

RBI releases directions on rupee interest rate derivatives

Wed, 06/26/2019 - 12:05pm
Regulations on interest rate derivatives (IRDs) have so far been issued separately for each product, including for products traded on exchanges
Categories: India News

Broadband India Forum seeks lower reserve prices for 5G spectrum auction

Wed, 06/26/2019 - 10:20am
Industry body says Indian reserve prices are 4X international ones; 40% of spectrum on offer last time went unsold due to higher prices
Categories: India News

India won't compromise national interest in trade talks with US: Goyal

Wed, 06/26/2019 - 9:35am
Piyush Goyal said "we believe" that the US decision of withdrawing GSP (Generalised System of Preferences) benefits "is not exactly as per the norms of WTO and GATT which are multilateral agreements"
Categories: India News

Payment data has to be stored in India, say RBI in clarification

Wed, 06/26/2019 - 8:49am
Global payment firms have expressed concerns about the RBI's April directive and the issue is believed to have been on the agenda of US Secretary of State Mike Pompeo's visit
Categories: India News

Call drop common across world, happens for various reasons: Minister Prasad

Wed, 06/26/2019 - 8:45am
The minister however said that telecom service providers (TSPs) should ensure that call drop rate in their mobile networks remain within the benchmarks laid down by regulator Trai
Categories: India News