Economy News

Offshore India funds, ETFs register $1.1 bn inflow..

India-focused offshore funds as well as Exchange Traded Funds (ETFs) witnessed a net inflow of USD 1.1 billion (over Rs 7,100 crore) in January, making it the highest inf..

Himachal Chief Minister to present Budget on Frida..

Himachal Pradesh Chief Minister Jai Ram Thakur will present the Budget for 2018-19 on Friday, an official said on Monday. The month-long Budget Session of the Hi..

Government committed to support Indian investments..

The government is committed to extending every support to Indian industrys focused efforts to increase investments in European countries, Minister of State for Exte..

India to remain fastest growing economy: Finance M..

Finance Minister Arun Jaitley has said that India would retain its position of fastest growing economy in the coming decades, like China did in the last three decades. Co..

Barr defaulting promoters from bidding: Shikha Sha..

Axis Bank chief has called for creating a better credit culture for the long-term benefits and is of the opinion that one way to achieve that is to debar defaulting promo..

` Poor demand` decelerates services output: PMI

"Poor underlying demand conditions" pulled the Indian services sector's output to a six-month low during February 2018, a key macro-economic data point show..

India partners with Sri Lanka at Medicare 2018

"India-Sri Lanka cooperation in health sector has strengthened in recent years. Let us continue to work together to better and healthier societies", Taranjit Si..

India, Vietnam to take steps to achieve $15 bn tra..

India and Vietnam will explore "substantive and practical measures" to achieve the bilateral trade target of USD 15 billion by 2020, according to a joint statem..

FPI outflow hits 5-month high of Rs 11,000-cr in F..

Foreign investors pulled out over Rs 11,000 crore from Indian stocks in February, making it the largest outflow in five months, primarily due to better opportunities in o..

India has a very open economy: Suresh Prabhu

Union minister Suresh Prabhu has said that India is a very open economy and wants to have trade relations and pacts with all countries. As per reports, India is working w..

Extend deadline for Aadhaar`s linkage to bank acco..

The deadline for linking Aadhaar with all customer bank accounts by March 31, 2018, should be extended in view of the disruption to the banking system on account of the R..

Government dilutes RBI`s power to select auditors ..

In the wake of an alleged multi-crore fraud on state-run Punjab National Bank (PNB), the auditors and financial professionals on Saturday accused the central govern..