ECONOMY

Timelines
Lockdown 3.0 begins: Know what's allowed and what's not

04 May 2020

Lockdown 3.0 begins: Know what's allowed and what's not

The coronavirus necessitated lockdown, which started pan-India on March 25, entered its second extension today. The extension, announced by the Ministry of Home Affairs last week, will remain in place till May 17.

India's super-rich may face wealth tax to aid coronavirus-hit economy

26 Apr 2020

India's super-rich may face wealth tax to aid coronavirus-hit economy

In a bid to reduce the impact of the coronavirus pandemic on the economy, 50 Indian Revenue Service (IRS) officers have suggested a 40% tax for the super-rich, a one-time COVID-19 relief cess of 4%, etc.

Struggling economy gets RBI's boost, big announcement for banks

17 Apr 2020

Struggling economy gets RBI's boost, big announcement for banks

With the economy stung drastically by the coronavirus pandemic, RBI Governor Shaktikanta Das addressed media for the second time in a month to announce key measures.

German minister commits suicide; was worried about #Coronavirus crisis: Reports

29 Mar 2020

German minister commits suicide; was worried about #Coronavirus crisis: Reports

Thomas Schaefer, the Finance Minister of the German state of Hesse, which includes Frankfurt, has been found dead on Saturday.

India's GDP growth rises to 4.7% in October-December quarter

28 Feb 2020

India's GDP growth rises to 4.7% in October-December quarter

India recorded a Gross Domestic Product (GDP) growth rate of 4.7% in the third quarter of the fiscal year 2019-2020, according to government data released on Friday.

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

31 Jan 2020

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

A day before Finance Minister Nirmala Sitharaman will present the Union Budget, the Economic Survey was tabled in the Parliament today.

Indian billionaires hold more wealth than full-year Budget, finds report

20 Jan 2020

Indian billionaires hold more wealth than full-year Budget, finds report

In a glaring reminder of income inequality, a new study has found that the total wealth of India's 63 billionaires exceeds the Union Budget of India for the fiscal year 2018-19.

Budget 2020: What to expect? When will it be presented?

17 Jan 2020

Budget 2020: What to expect? When will it be presented?

With the economy in crisis, all eyes are on the upcoming Union Budget for the fiscal year 2020-21.

Your daily essentials could get more expensive in 2020

27 Dec 2019

Your daily essentials could get more expensive in 2020

While we look forward to the new year, we're afraid there's already some bad news.

India's GDP growth falls to 4.5%, lowest in 6.5 years

29 Nov 2019

India's GDP growth falls to 4.5%, lowest in 6.5 years

The Centre released India's gross domestic product for the second quarter of the fiscal year 2019-20.

One man, many failures: Presenting to you Shri Narendra Modi

19 Oct 2019

One man, many failures: Presenting to you Shri Narendra Modi

No one will ever attach the word failure with Narendra Modi. The man has a cult following, his followers are ready to take any bullet (quite literally) for him, he has an incredible list of highest civilian awards from many nations. And, he keeps winning elections.

Union Minister Ravi Shankar Prasad withdraws 'no economic slowdown' comment

13 Oct 2019

Union Minister Ravi Shankar Prasad withdraws 'no economic slowdown' comment

Union Minister Ravi Shankar Prasad on Sunday withdrew his controversial statements from the day before wherein he cited the box office performance of three films as proof that India's economy is stable.

Global Business Forum: Modi invites businesses to invest in India

25 Sep 2019

Global Business Forum: Modi invites businesses to invest in India

On Wednesday, Prime Minister Narendra Modi delivered keynote address at Bloomberg Global Business Forum in New York.

Is auto industry going through worst crisis? Data says yes

09 Sep 2019

Is auto industry going through worst crisis? Data says yes

As the Indian auto industry undergoes a crisis amid a broader economic slowdown in India, automobile sales dropped sharply in August, the worst decline since 1997-98.

Pakistan secretly releases Masood Azhar; deploys troops along Indo-Pak border

09 Sep 2019

Pakistan secretly releases Masood Azhar; deploys troops along Indo-Pak border

Despite being isolated on the global stage and failing to get support in its rant against India after New Delhi rescinded Article 370, Pakistan is continuing with its notorious actions.

Amid economic slowdown, Anurag Thakur faces embarrassment at auto event

06 Sep 2019

Amid economic slowdown, Anurag Thakur faces embarrassment at auto event

On Friday, Minister of State for Finance Anurag Thakur addressed the slowdown in the auto industry at the Automotive Component Manufacturers Association of India (ACMA) annual summit in New Delhi.

India's manufacturing growth down to 15-month low in August: Report

02 Sep 2019

India's manufacturing growth down to 15-month low in August: Report

Amid economic slowdown, India also witnessed a dip in manufacturing activity, which reached a 15-month low in August, as demand and output grew at the slowest rate in a year, a private survey reported today.

Manmohan Singh blames Modi's 'all-round mismanagement' for economic slowdown

01 Sep 2019

Manmohan Singh blames Modi's 'all-round mismanagement' for economic slowdown

Former Prime Minister Dr. Manmohan Singh hit out at the Narendra Modi government on Sunday amid the ongoing economic slowdown.

Pakistan PMO fails to pay bills; company may cut power-supply

29 Aug 2019

Pakistan PMO fails to pay bills; company may cut power-supply

As Pakistan's economy continues to be on a downward spiral, the country's Prime Minister Imran Khan's Secretariat fears having its electricity disconnected over non-payment of bills.

Parle sales drop amid economic-slowdown; 10,000 employees may be laid-off?

21 Aug 2019

Parle sales drop amid economic-slowdown; 10,000 employees may be laid-off?

India's leading biscuit maker, Parle Products Pvt. Ltd. may have to lay off up to 10,000 of its employees, as economic growth continues to slow down, a company executive said yesterday.

Taj Hotel chain plans to sell assets amid economic slowdown

10 Aug 2019

Taj Hotel chain plans to sell assets amid economic slowdown

The Tata Group's luxury hotel chain is looking to lighten itself by some assets amid an imminent drop in consumer spending due to the economic slowdown.

NITI Aayog CEO says 'too many reforms' behind economic slowdown

03 Aug 2019

NITI Aayog CEO says 'too many reforms' behind economic slowdown

Recently, data compiled by the World Bank revealed that India slipped to the 7th spot in the global GDP rankings of 2018.

What is South Korea's #NoMarriage movement all about

27 Jul 2019

What is South Korea's #NoMarriage movement all about

South Korea is looking at an economic crisis and they have narrowed down the problem to the one source: women.

Rising intolerance, hate crimes can damage economic growth: Adi Godrej

14 Jul 2019

Rising intolerance, hate crimes can damage economic growth: Adi Godrej

Billionaire industrialist Adi Godrej on Saturday warned that growing intolerance, moral policing, and hate crimes in the country could "seriously damage" India's economic growth.

Economic Survey 2019 proposes increasing investments, retirement age: Details here

05 Jul 2019

Economic Survey 2019 proposes increasing investments, retirement age: Details here

On Thursday, Finance Minister Nirmala Sitharaman tabled her first Economic Survey, which shapes a roadmap for how the government could bring the economy back on track.

Gandhis sidelined PV Narasimha Rao, says grandson; demands apology

28 Jun 2019

Gandhis sidelined PV Narasimha Rao, says grandson; demands apology

From not letting Rahul Gandhi resign to protecting the family tooth and nail, we all know Congress only accepts "Gandhis" as their leaders.

How Trump's incessant whining led us to a delicious bread

07 May 2019

How Trump's incessant whining led us to a delicious bread

Say what you want about United States President Donald Trump. At least we know he's the one managing his own social media. Nobody would pay anyone to spill that amount of nonsense out into the world.

Arun Jaitley urges citizens to pay taxes honestly

18 Jun 2018

Arun Jaitley urges citizens to pay taxes honestly

Union Minister Arun Jaitley today urged citizens to pay their due share of taxes "honestly" to reduce dependence on oil as a revenue source.

Bengaluru-based start-up to build India's first electric superbike

28 May 2018

Bengaluru-based start-up to build India's first electric superbike

Mankame Automotive, a Bengaluru-based tech start-up, comprising a team of Indian engineers, has started a crowdfunding program to develop India's first electric superbike, the Mankame EP-1.