12:19 pm - Tuesday November 3, 2015


Latest News on Economy
Doha Bank looking at setting up subsidia...

Doha Bank looking at setting up subsidiary in India

Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary in India, an top official of the bank today said. “Our long-term view is to set up a full scale subsidiary for our Indian operations which is needed to enter more cities”, Doha Bank... read more »

BRICS bank to start lending in local cur...

BRICS bank to start lending in local currency by April

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker K V Kamath said here today. He said a decision to open membership... read more »

Withdrawing Money From ATMs Outside Home...

Withdrawing Money From ATMs Outside Home Branch Network May Cost You

The Reserve Bank of India is considering if banks can charge a fee for using automated teller machines (ATMs) to withdraw money from outside the home bank network. Home bank network means ATMs of the bank in which you have an account. The Indian Banks’ Association (IBA) has proposed that... read more »

Rupee down 12 paise on dollar demand
Rupee hits three-week high

Rupee hits three-week high

The rupee rises to 60.12/13 from 60.31/32 on Wednesday, after earlier rising as high as 60.09, a level last seen on April 10. USD/INR was under pressure as month-end dollar buying by oil companies in recent sessions faded and also due to stronger domestic shares. The dollar struggled to make any... read more »

More from Economy


indias $ 325 billion of exports Targe Will be not completed this year:FIEO

New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns ( FIEO ) said the... read more »

Nomura Holdings

GDP growth to persist in 4.5-5% range in 2014: Nomura

The economy is unlikely to see any  major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and monetary policy tightening, says a... read more »

toll tag

One toll tag for Delhi-Mumbai national highway from August

zip across Delhi-Mumbai highway without stopping at any of the toll plazas with a single radio frequency identification (RFID) tag. Electronic toll collection (ETC) at 50 toll plazas on the... read more »

Telecom department defers spectrum auction to Feb 3

Telecom department defers spectrum auction to Feb 3

New Delhi – The Department of Telecommunications (DoT) has extended the dates of auction of spectrum in 1,800 megahertz (MHz) and 900 MHz bands. The auction will now start on Feb 3,... read more »

China to be world largest economy in 2028

China to be world largest economy in 2028

Beijing – China is expected to overtake the US in 2028 to become the world’s largest economy while India is predicted to overtake Japan that year for the third place in the same league, a... read more »