Economy

New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting with public sector banks (PSBs) today to discuss a range of issues, including follow up on transmission of monetary policy rates. Besides, doorstep banking…
Read More...

Bhubaneswar: As the developing nations are staring at an imminent economic slowdown in the coming days due to various reasons, Odisha seems to be doing well and can weather the slowdown on its own with systematic management of resources and…
Read More...

New Delhi: The Indian rupee today fell sharply against the US dollar as oil prices jumped up  after drone attacks on Saudi Arabia's oil infrastructure. The rupee fell to as much as 71.42 a dollar as compared to its previous close of 70.92.…
Read More...

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced a new scheme -- Remission of Duties or Taxes on Export Product (RoDTEP) -- to incentivise exporters at an estimated cost of Rs 50,000 crore to the exchequer. The…
Read More...

New Delhi: On the wake of what looks like the economic slowdown, worst in last 7 years, the International Monetary Fund (IMF) Thursday said India’s economic growth is “much weaker than expected” due to “corporate and environmental…
Read More...

New Delhi: Maruti Suzuki today announced to shut down its passenger vehicle manufacturing operations at Gurugram and Manesar plants for two days on 7th September and 9th September 2019. Both days will be observed as no production days.…
Read More...

New Delhi: A Memorandum of Agreement has been signed between the Employees’ State Insurance Corporation (ESIC) and SBI today in accordance with which, the SBI would provide e-payment services directly to the bank accounts of all ESIC…
Read More...

New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Infusion of Rs 4,557 crore by Government in IDBI Bank
Read More...

New Delhi: On the wake of what appears to be economic slowdown in the country,  former Prime Minister Manmohan Singh on Sunday, in a  statement in a video, said the state of the economy today was “deeply worrying”.
Read More...

New Delhi: India’s Gross Domestic Product (GDP) grew 5 per cent in the April-June 2019 – the slowest pace in the six and half years, according to the latest data from the Central Statistic Office (CSO) released on Friday.
Read More...