Home » Business » Economy

Economy - Page 434

Unusual cash deposits totalling Rs 1.6-1.7 lakh crore were made during the demonetisation period, says a research paper posted on the RBI website.

Telangana, Karnataka among 12 states with Rs 4K crore fiscal surplus...

The surplus has been driven by higher tax revenues and a sharp fall in expenditure

5 Sept 2017 7:47 PM IST

Eminent scientist MS Swaminathan. Photo: www.mssrf.org

Bring pulses under Food Security Act to deal with malnutrition:...

He also pitched for including pulses under the NFSA to deal with the issue of deficiency of protein and micro-nutrients.

5 Sept 2017 6:42 PM IST

aadhaar, biometric based authentication, aadhaar act, safety of aadhaar database, biometric safety, lock your biometrics like finger print, iris data, UIDAI portal, OTP

Open Aadhaar enrolment centres by Oct or face Rs 20k fine: UIDAI tells...

In July, UIDAI had asked all banks to open Aadhaar enrolment in one out of 10 branches by Aug-end.

5 Sept 2017 4:33 PM IST

Despite the Centre releasing Rs 550 crore for NREGS in August last year, officials are facing shortage of funds to pay the wages. (Representational image)

Code of Wages Bill: Centre clarifies no minimum monthly pay fixed yet

Minimum wages will vary from place to place depending on skill, arduousness of work assigned and geographical location.

5 Sept 2017 4:19 PM IST

Modi government is considering hiking the basic salary of central government employees to Rs 21,000. Photo:

7th Pay Commission: After HRA, Centre may hike salary of govt staff to...

However, central government employees have been demanding a hike of Rs 25,000.

5 Sept 2017 3:41 PM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP)

Watch: Raghuram Rajan says never backed note ban

RBI on Nov 8 last year had scrapped old Rs 1,000 and Rs 500 notes as part of fight against black money.

5 Sept 2017 3:14 PM IST

Power Minister RK Singh on Tuesday said he would complete the good work started by his predecessor Piyush Goyal.

Will ensure power in all homes, continue Goyal's good work: RK Singh

RK Singh assumed the charge of ministries of power and new and renewable energy after the Cabinet reshuffle on Sunday.

5 Sept 2017 2:06 PM IST

RBI has included HDFC in its list of too big to fail banks.

HDFC in RBI's list of 'too big to fail' banks: What does it mean?

With the inclusion of HDFC now, there are three D-SIBs in India, the other two being SBI and ICICI Bank.

5 Sept 2017 1:26 PM IST

Railways minister Suresh Prabhu

Commerce Ministry to bring policy for agri exports soon: Prabhu

Ministry will work on developing global supply chain for the agriculture sector.

5 Sept 2017 12:58 PM IST

Services sector contributed almost 62 per cent to gross value added growth in 2016-17.

Services sector contracts for 2nd month in August on GST woes

PMI Output Index rose from July's 100-month low of 46.0 in July to 49.0 in August.

5 Sept 2017 11:23 AM IST

The Indian service economy started the second semester on a solid footing, posting its strongest performance since April and thereby indicating that underlying demand conditions remained reasonably firm

Services activity contracts again in August on weak demand, GST

Disruptions caused by a new tax policy hurt new orders, a private survey showed on Tuesday.

5 Sept 2017 10:57 AM IST

Petroleum Minister Dharmendra Pradhan. (Photo: PTI)

Modi's Israel visit impact: ONGC to bid for Israeli oil & gas...

India and Israel have deep defence ties but Modi is pushing to expand relationship into other sectors.

5 Sept 2017 10:41 AM IST