Press Trust of India | Last Updated: June 30, 2016 21:57 (IST)
Petrol will cost Rs 64.76 a litre in Delhi from midnight tonight as compared to Rs 65.65 per litre currently, Indian Oil Corp, the nation's largest fuel retailer, announced.
Written by Rahul Shrivastava | Last Updated: June 30, 2016 19:34 (IST)
Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday while responding to queries regarding his unfinished agenda and what would be an ideal tenure for a RBI governor suggested that the term should be four years like in the US.
Press Trust of India | Last Updated: June 30, 2016 19:07 (IST)
RBI is pulling out the pre-2005 banknotes because of fewer security features compared to banknotes printed after 2005.
Thomson Reuters | Last Updated: June 30, 2016 17:58 (IST)
External debt at March 2016 was at $485.6 billion, up $10.6 billion from end-March 2015, the Reserve Bank of India said in a release on Thursday.
Thomson Reuters | Last Updated: June 30, 2016 17:43 (IST)
India's fiscal deficit during April-May was 228986 billion rupees ($33.92 billion), or 42.9 per cent of the budgeted target for the fiscal year ending in March 2017, government data showed on Thursday.
Press Trust of India | Last Updated: June 30, 2016 16:22 (IST)
The funds held by Indians with banks in Switzerland fell by CHF 596.42 million to CHF 1,217.6 million at the end of 2015, as per the latest data released today by the country's central banking authority SNB (Swiss National Bank).
Press Trust of India | Last Updated: June 30, 2016 16:10 (IST)
Industry expects the government to soon name a strong successor to RBI Governor Raghuram Rajan, CII President Naushad Forbes said today while ruling out any serious impact on the economy and investor sentiment in view of his exit in September.
Press Trust of India | Last Updated: June 30, 2016 12:49 (IST)
Reserve Bank Governor Raghuram Rajan on Thursday called on Finance Minister Arun Jaitley as the central bank and the government seek to quickly put in place a new interest rate-setting mechanism.
Thomson Reuters | Last Updated: June 29, 2016 23:42 (IST)
US consumer spending rose for a second straight month in May on increased demand for automobiles and other goods, but there are fears Britain's vote to leave the European Union could hurt confidence and prompt households to cut back on consumption.
Press Trust of India | Last Updated: June 29, 2016 22:33 (IST)
India's current account deficit may dip below 1 per cent this fiscal year owing to low global crude prices, while Brexit, or Britain's exit from the European Union, is likely to impact the economy as global economy will slow down, Chief Economic Advisor Arvind Subramanian said on Wednesday.
Press Trust of India | Last Updated: June 29, 2016 20:41 (IST)
Hike in salaries of the government employees will have a positive impact in terms of boosting demand and push economic growth, India Inc said on Wednesday.
Press Trust of India | Last Updated: June 29, 2016 18:56 (IST)
Government's decision to clear 7th Pay Commission recommendations will give a boost to the economy, but it may impact fiscal deficit target for fiscal 2017-18, says an SBI research report.
Press Trust of India | Last Updated: June 29, 2016 18:00 (IST)
A model law that allows shops, malls and cinema halls, among other establishments, to run 24x7 throughout the year received Cabinet assent on Wednesday.
Press Trust of India | Last Updated: June 29, 2016 17:46 (IST)
The government on Wednesday lifted a ban on export and import of certain items from Iran, following lifting of sanctions against the Persian Gulf nation by the US and other western powers in January.
Press Trust of India | Last Updated: June 29, 2016 17:37 (IST)
The government's decision to implement pay hike for its 1 crore employees and pensioners will boost domestic consumption by Rs 45,110 crore as also push up household savings, India Ratings and Research said on Wednesday.
NDTV Profit Team | Last Updated: June 29, 2016 15:51 (IST)
The Seventh Pay Commission's recommendations were approved by the Cabinet today. The Seventh Pay Commission has recommended a 23.55 per cent rise, effective from January 1, 2016 - which will impact 47 lakh central government employees and 52 lakh pensioners.
Indo-Asian News Service | Last Updated: June 29, 2016 15:50 (IST)
Finance Minister Arun Jaitley on Wednesday said the 7th Pay Commission will bring a "historic rise" in the salaries of government employees and pensioners.
Press Trust of India | Last Updated: June 29, 2016 14:30 (IST)
The Cabinet cleared the recommendations of the 7th Pay Commission according to which the overall hike in salary and allowance of central government employees and pensioners comes to 23.5 per cent.
Press Trust of India | Last Updated: June 29, 2016 14:13 (IST)
The Ujwal Discom Assurance Yojana (UDAY) meant for revival of debt-ridden discoms is unlikely to have a destabilising effect on fiscal consolidation at an aggregate level, says India Ratings and Research (Ind-Ra).
Press Trust of India | Last Updated: June 29, 2016 12:46 (IST)
Recommendations of the 7th Pay Commission got the Cabinet nod today, which will benefit over one crore government employees and pensioners.