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Latest Articles in Economy

Over 6 Cr EPFO Members To Get 8.65% Interest For 2018-19: Labour Minister

At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate.

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Saudi Aramco Offers Alternative Crude Oil Grade To Indian Oil Corp: Source

IOC will receive full allocated volumes from Saudi Aramco in September and October, the source said, declining to be named as he was not authorised to speak with the media.

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Govt Exempts Cash Payments Above Rs 1 Crore Via AMPC From 2 Per Cent TDS

Government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore.

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Rupee Slips 28 Paise Against $ In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.01 per cent to 98.61.

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India's Current Account Under Threat If Oil Surge Continues: RBI Governor

A jump in oil prices is negative for emerging markets such as India, which is the world's third-biggest importer of oil.

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Unsold Spectrum Resulted In Rs 5.4 Lakh Crore Losses, Claims BIF

BIF said the reserve price of 5G spectrum is 'too high', works out to be 4 times higher than other countries.

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Air India Assets Holdings' Bond Issue Fully Subscribed; Raises Rs 7,000 Crore

The company received bids worth Rs 20,830 crore. AI has decided to accept the entire issue of Rs 7,000 crore, the spokesperson said.

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P-note Investments Continue To Drop; Stands At Rs 79,088 Crore In Aug-end

The use of P-notes has been on a decline since 2017 and slumped to a nine-and-a-half year low of Rs 66,587 crore in October-end.

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India's August Inflation Remains Unchanged At 1.08 Per Cent

Wholesale food prices in August rose 5.75 per cent year-on-year, compared with a 4.54 per cent rise a month earlier.

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Air India Posts Rs 4,600 Crore Operating Loss In 2018-19; Aims Profit This Fiscal

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

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Rupee Tumbles 68 Paise To 71.60/$ In Early Trade On Sharp Rise In Crude Prices

At the interbank foreign exchange, the rupee opened at 71.54 then fell to 71.60 against the $, showing a decline of 68 paise over its previous closing.

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Rs 10,000 Cr Announce By Govt To Boost Housing, Facilitate Homebuyers

This window will help in completion of affordable and middle income housing projects.

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Inflation Under Control, Clear Signs Of Revival In Factory Output: FM

Addressing the third press conference to announce measures to boost economy, the minister said inflation has been kept "very much" below 4 per cent.

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FM Announces Measures To Boost Export And Mega Shopping Festival Amidst Gloom

She announced an additional credit support of up to Rs 68,000 crore in the priority sector lending, along, a higher insurance cover will be given by banks to lend working capital for exports, which will reduce the burden on exporters.

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India: The Job Graveyard That We Need To Revive

The need of the hour is to uplift both the educational and hiring framework of the nation- keeping skilling as a focal point to drive empowerment.

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