Economy News

Rupee, bonds gain in early trade; seen rangebound

MUMBAI - The rupee gained on Wednesday, recovering from a record low hit at the end of the previous session, as gains in other Asian peers and stronger domestic shares he..

UIDAI plans Aadhaar Seva Kendras; project cost at ..

The Unique Identification Authority of India (UIDAI) plans to set up 'Aadhaar Seva Kendras', similar to the concept of Passport Seva Kendras, covering 53 cities a..

US keen to invest in India`s infra, port, solar se..

The US government's development finance institution OPIC is keen to invest in the development of India's infrastructure, port and solar energy sectors, a top US o..

SBI ups target for loan portfolio purchase from NB..

Top lender State Bank of India said on Tuesday it is stepping up its target to buy "good quality" asset portfolios from non-banking financial companies (NBFC). ..

India likely to miss fiscal deficit target due to ..

MUMBAI - India is likely to overshoot its fiscal deficit target for 2018/19 by a small margin following its decision to cut fuel excise duties, Moody's Investors Serv..

Gender diversity is likely to be boost productivit..

Gender diversity is likely to boost productivity growth, including in countries like India, as women bring new skills to the workplace, according to the IMF. The progress..

Government sets up key panel under NSA to assist N..

The government has set up a panel, headed by NSA Ajit Doval, to assist the National Security Council, which advises the prime minister on matters of national security and..

India to be among top three economies by 2030: Raj..

Union Home Minister Rajnath Singh Monday said India will be among the top three economies of the world by 2030 if it kept up its current pace of growth. "India today..

India to set up technical education facility to bo..

South African Minister of Higher Education Naledi Pandor and Indian High Commissioner Ruchira Kamboj officially launched the Gandhi-Mandela Centre of Specialisation for A..

RBI to issue Sovereign Gold Bonds

The government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds, according to an official statement. “The Soverei..

Strong economy is backbone of any society: Rajnath..

Union Home Minister Rajnath Singh on Mopnday said that a "strong economy" is the backbone of any society and Uttarakhand was created to give fillip to economic ..

Companies get time till Oct 31 to file ITR, audit ..

The government on Monday extended the last date for filing of income tax returns and audit reports by companies for assessment year 2018-19 to October 31. It had earli..