Business, Economy, 23rd Sep 2017, News & Stories from India

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Business Economy 23 Sep 2017

Business, Economy, 23 Sep 2017

Fuel prices will come down in next few days: Oil min Dharmendra Pradhan

Pradhan also expressed hope that petroleum products will soon be brought under the ambit of GST.

23 Sep 2017 6:35 PM

In its last policy review in August, the RBI reduced the repo rate by 0.25 per cent to 6 per cent in August.

Scope for further rate cut by RBI: Finance Ministry

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

23 Sep 2017 6:05 PM

Upgrade of railway tracks is being undertaken after a series of derailments occured over past few months.

Steel shortage stymies Railways rail tracks upgrade projects

India’s mammoth state railways, hit by a spate of accidents, is trying to modernise its ageing tracks.

23 Sep 2017 5:05 PM

Chief Economic Adviser Arvind Subramanian.

Need to fight economic challenges on multiple fronts: CEA

Besides falling GDP growth rate exports are facing strong headwinds and industrial growth is lowest in 5 yrs.

23 Sep 2017 3:47 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Note ban was a shake-up, achieved its main objectives: Jaitley

Jaitley said note ban helped reduce the reliance on cash, particularly high denomination currency.

23 Sep 2017 3:38 PM

Subramanian to get extension as CEA for one year: Arun Jaitley

The CEA is usually the main go-to person for advice for the finance minister on macro-economic matters.

23 Sep 2017 2:01 PM

Chief Economic Advisor Arvind Subramanian has got 1-year extension.

CEA Arvind Subramanian gets 1-year extension: Fin Min

Subramanian's tenure was ending on October 16 which will now last till September next year.

23 Sep 2017 2:00 PM

The move potentially freed up 440 billion rupees ($6.79 billion) of debt available to offshore investors.

RBI eases foreign investment rules for corporate debt

India’s total external debt stood at $471.9 billion as of the end of March.

23 Sep 2017 12:39 PM

India's exports recorded a double digit growth of 10.29 per cent after a gap of three months to USD 23.81 billion in August.

Govt notifies new duty drawback rates from October 1

AEPC said the refund rates for garments will come down to 2 pc as compared to the 7.7 pc drawback available till now.

23 Sep 2017 12:20 PM

Former Prime Minister Dr Manmohan Singh with Prime Minister Narendra Modi: (Photo: File/PTI)

Demonetisation was not needed at all: Manmohan Singh

Singh adds demonetisation was not successful in any civilised country, except some Latin American nation.

23 Sep 2017 11:36 AM

Prime Minister Narendra Modi at an event. (Photo: FIle/PTI)

Modi to launch 24/7 power-for-all scheme on Sept 25

Project touted to cover all rural families after expected electrification of all villages by December end.

23 Sep 2017 11:06 AM

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Sunil Gatade