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  Business   Economy  10 Oct 2017

Business, Economy, 10 Oct 2017

India offers $300 billion investment chance in oil sector: Pradhan

Investment opportunities in hydrocarbon sector over next 10 years so as to keep pace with country's energy demand.

10 Oct 2017 8:22 PM

RBI net dollar purchase in August at USD 3.226 billion

RBI's intervention in the foreign exchange market is to curtail volatility in the rupee market.

10 Oct 2017 7:45 PM

IMF lowers India's growth forecast over demonetisation, GST

Strong government spending and data revisions in India led to an upward revision of 2016 growth to 7.1 per cent.

10 Oct 2017 6:44 PM

Govt convinced public in favour of FDI in defence: Jaitley

A lot of joint ventures are coming up for investment in the defence sector.

10 Oct 2017 5:42 PM

PE/VC investments touch record high of USD 8.7 billion in July-Sep

July-September recorded the largest IPO exits ever with Fairfax selling its 12 per cent stake in ICICI Lombard for USD 558 million.

10 Oct 2017 5:22 PM

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India's September gold imports jump 31 percent amidst festivities

Much of the gain last month was simply due to the Indian holiday of Dussehra being celebrated on September 30.

10 Oct 2017 5:10 PM

Maharashtra cuts VAT on petrol, diesel; calls it 'Diwali gift'

Petrol will be cheaper by Rs 2 and diesel by Re 1 per liter across Maharashtra from midnight.

10 Oct 2017 4:46 PM

NPS subscribers rise 27 per cent to 1.78 crore; AUM at Rs 2.06 lakh crore

Govt has amended I-T Act providing for tax free migration of superannuation funds to NPS.

10 Oct 2017 4:21 PM

How Modi put Nobel Prize winner Richard Thaler's 'nudge theory' to use

The government has been following this policy since last year when Niti Aayog joined hands with the Bill and Melinda Gates Foundation.

10 Oct 2017 3:42 PM

RBI may cut rate in December as inflation recedes: BofAML

Retail inflation is expected to stay muted at around 3.5 per cent in September and 3.3 per cent in October.

10 Oct 2017 3:12 PM

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Indian IT companies expect layoffs as automation, digitisation rises

IT professionals should utilise the next 6-12 months to upskill themselves to get into cutting-edge technologies.

10 Oct 2017 1:45 PM

India's transition to GST smooth despite attempts to 'derail' it: Jaitley

The GST Council, according to Jaitley, is India's first genuine federal institution, which reviews the monthly situation.

10 Oct 2017 12:52 PM

Airports need Rs 2.4 trillion investment in 10 years to meet demand

The country invested around Rs 52,000 crore over the last decade at various airports.

10 Oct 2017 12:45 PM

Revival of gas power plants to boost consumption: Pradhan

Pradhan adds globally gas constitutes 24 per of energy basket while in Gujarat it is 26 per cent.

10 Oct 2017 12:42 PM

Bengaluru-based company introduces 'Stress Day Off' for employees

DocApp feels its ‘Stress Day Off’ policy will help employees take better care of their cognitive health.

10 Oct 2017 12:33 PM

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As India's smaller firms struggle, Modi faces stimulus dilemma

The economy grew at an annual 5.7 percent year-on-year in the three months to end-June, its slowest in three years.

10 Oct 2017 9:49 AM

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