Home » Business » Economy

Economy - Page 109

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Indian e-commerce market to touch USD 84 billion in 2021: report

The retail market in India is expected to grow to USD 1.2 trillion by 2021 from USD 795 billion in 2017.

26 Feb 2019 3:11 PM IST

Delhi deputy chief minister Manish Sisodia and AAP MLA Saurabh Bhardwaj address the media in New Delhi, on Saturday. (Photo: PTI)

Delhi govt allocates Rs 100 cr for providing MSP to farmers

Delhi is the first state in the country to implement the Swaminathan Commission report on farming sector: Sisodia.

26 Feb 2019 2:00 PM IST

Ideal affordability is identified at 4.5 times the average annual household income in a city.

Tax cuts should boost Indian real estate demand, but many issues...

On Sunday, a government body said the sales-tax on under-construction residential houses in April will drop to 5 per...

26 Feb 2019 12:55 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

India's growth momentum likely slowed in late 2018: report

Forecasts for the GDP number, due for release on Feb 28 at 1200 GMT, ranged between 6.3 per cent and 7.9 per cent.

26 Feb 2019 10:34 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI proposes new compensation norms for top officials of private,...

In January 2012, the Reserve Bank had issued the compensation guidelines for implementation by pvt sectr, foreign banks...

26 Feb 2019 10:30 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Microfinance industry posts 43 per centh growth in Q3 FY'19

Microfinance Institutions Network (MFIN) is an RBI recognised self-regulatory organisation and industry association.

25 Feb 2019 5:32 PM IST

Bajaj Finserv, through its lending arm, Bajaj Finance Ltd., has announced a new feature hybrid flexi option.

MFIs loan book clips past 43 per cent to Rs 1.66 tln in Q3

Total numbers of microfinance accounts were at 8.91 crore as of December 2018.

25 Feb 2019 4:57 PM IST

Indias forex reserves have shot up considerably.

Singapore becomes India's top FDI source, Mauritius slips behind

Singapore crossed 41 per cent during April and December 2018 to nearly USD 13 billion.

25 Feb 2019 4:48 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

IT e-returns witnesses rapid growth than the taxpayer base

The growth track in direct tax collected approximately echoes the growth in influential taxpayer base, rather than the...

25 Feb 2019 1:07 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finmin expects 3-4 more banks to come out of RBI's PCA framework this...

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 3:16 PM IST

Prime Minister Narendra Modi. (Photo: PTI/File)

PM Modi launches Kisan scheme, over 1 crore farmers get 1st instalment

PM-KISAN scheme under which Rs 6,000 per year will be given in three instalments to 12 cr small and marginal farmers.

24 Feb 2019 1:55 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Foreign portfolio investors pull out over Rs 1,900 cr from debt market...

Depositories showed that overseas players pumped in Rs 2,039 crore into equities even as they dumped debt during Feb...

24 Feb 2019 11:25 AM IST