EconomyLoop
where regional business news becomes global to everyone

When a dancing Scorpio car left Anand Mahindra in splits

Recently a man posted a video of a dancing Scorpio car and tagged Mahindra and Mahindra Chairman Anand Mahindra.... read more

 Zee India News9 minutes ago

     
Have you linked your PAN card with this important document? June 30 is the last date

Section 139 AA (2) of the Income Tax Act says that every person having PAN has to link it with Aadhaar.... read more

 Zee India News58 minutes ago
The business of farming

I Support Farming strives to make agriculture a profitable business option... read more

 The Hindu1 hour ago
Shillong selected as 100th smart city

The Ministry of Housing and Urban Affairs has selected Shillong as 100th smart city after evaluating the proposal submitted by it, a government release said.... read more

 Financial Express1 hour ago
Relief to developers: Government relaxes norms for building solar plants

In a move that might provide some relief to solar power plant developers, the Ministry of New and Renewable Energy (MNRE) has relaxed time lines for land acquisition, financial closure and the commissioning period for solar projects.... read more

 Financial Express1 hour ago
Cross-border insolvency: Rules to help lenders access foreign assets

The government on Wednesday put out a draft on cross-border insolvency to further strengthen the Insolvency and Bankruptcy Code (IBC), seeking to help lenders access overseas assets of a stressed company.... read more

 Financial Express1 hour ago
Stressed assets: Government to meet power firms today

The government will go into a huddle with power companies against the backdrop of the large stressed assets in the sector and a recent court directive temporarily stalling action against a clutch of firms under the RBI's toughened norms for banks reg... read more

 Financial Express1 hour ago
Resolution professional turns down the bulk of sister firms’ claims

Close to 70% of the claims made by companies related to the Essar Group on Essar Steel have been rejected by the resolution professional (RP).... read more

 Financial Express1 hour ago
Early exit: Chief Economic Adviser Arvind Subramanian to move back to US in September

Chief economic adviser (CEA) Arvind Subramanian will leave the finance ministry in September after serving for around four years and return to the US due to “pressing family commitments”.... read more

 Financial Express1 hour ago
July-March GST revenues: States ‘shortfall’ not true picture

At first glance, the goods and services tax’s (GST) revenue buoyancy seems unproven yet, given that 31 of 34 states/UTs in the country reported a ‘revenue shortfall’ during the July 2017-March 2018 period.... read more

 Financial Express1 hour ago
Video meet with PM Narendra Modi: Farmers narrate ‘success stories’

Amid widespread farmer protests against non-remunerative crop prices, groups of farmers from nine states, eight of them major agricultural producers, told Prime Minister Narendra Modi that their incomes have risen meaningfully over the current govern... read more

 Financial Express1 hour ago
Trade war: Modi government hits back at Trump, raises tariffs on a slew of items

The global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialize, while India followed the European Union in slapping retaliatory levies on U.S. goods.... read more

 Financial Express1 hour ago
Treat water crisis as a scary situation and act, says eminent scientist Kasturirangan

Eminent scientist K Kasturirangan said agriculture's share in India's total water usage needs to be brought down to below 50 per cent, and efforts made to preserve and manage even a single drop.... read more

 Financial Express1 hour ago
Udaan scheme getting good response in Jammu and Kashmir, says Anant Kumar Hegde

Udaan, implemented by the National Skill Development Corporation, aims at covering around 40,000 youth over five years, he said.... read more

 Financial Express1 hour ago
Eating out and salon treatments - A policy dilemma for RBI

While markets have already priced in one rate hike in the months ahead, further hikes could put a damper on growth as Asia`s third-largest economy goes into an election year.... read more

 Zee India News1 hour ago
India hits back at US with higher import duties on farm, steel products

India`s move came a day after the EU`s decision to charge higher import duties on a range of US products.... read more

 Zee India News2 hours ago
Mahindra launches all-new TUV300 Plus, price starts at Rs 9.47 lakh

The TUV300 Plus is powered by the proven 2.2 litre mHAWKD120 engine which delivers 88 kW (120 BHP).... read more

 Zee India News3 hours ago
Internal report blames procedural lapses, officials involvement for PNB fraud

Over 200 pages internal report also alleged procedural lapses at several levels that go far beyond India and some of the branches of other state-owned lenders, sources said.... read more

 Zee India News3 hours ago
Atul Gawande to lead health firm jointly formed by Amazon, Buffett, JPMorgan

Three corporate giants seeking to attack rising health care costs have turned to a Harvard professor who has written books about the system’s many fl... read more

 The Hindu3 hours ago
Sensex gets a buying lift, up 123 points; RIL at new high

Stocks of Reliance Industries continued its upward trajectory, scaling a new peak of ?1,031 by surging 1.08 %.... read more

 The Hindu5 hours ago
Amazon, Berkshire, JPMorgan name Indian-origin Atul Gawande CEO of healthcare venture

Amazon and its partners say they will use big-data analysis and other high-tech tools to improve care and cut wasteful spending.... read more

 Zee India News5 hours ago
Sensex opens 100 points up; Nifty above 10,800

Broadly positive global cues had lifted the key Indian equity indices on Wednesday and according to analysts, banking, metal and auto stocks witnessed healthy buying activity.... read more

 Zee India News5 hours ago
Rupee slides 16 paise to 68.24

The rupee slipped 16 paise to 68.24 against the US dollar in early trade today due to fresh buying of the American currency by importers amid sustain... read more

 The Hindu5 hours ago
Petrol, diesel price on 21st June 2018: Check out rates here city-wise

The reduction in diesel prices come after a pause of fourth consecutive day.... read more

 Zee India News6 hours ago
Economy could be disrupted if job growth not constant: Former NASSCOM chief R Chandrashekhar

Former NASSCOM president R Chandrashekhar today sounded a note of caution on the economy, saying it could bedisrupted if job growth was not constant.... read more

 Financial Express10 hours ago
Government clears Rs 38,062 crore refund claims of exporters till June 16

The government has cleared pending GST refunds to the tune of Rs 38,062 crore to the exporters so far, an official statement said today.... read more

 Financial Express10 hours ago
Niti Aayog is India’s action tank: Vice-chairman Rajiv Kumar

NITI Aayog vice-chairman Rajiv Kumar today hailed the planning body as an "action tank" whose action-oriented approach is getting things done in India.... read more

 Financial Express10 hours ago
RBI panel voted for rate hike on inflation risks

Taking a neutral stance and voting in favour of a rate hike, the minutes of the monetary policy committee (MPC) indicate, all the members voted for a 25 basis points hike in their June meeting, primarily because of rising fuel prices. In governor Urj... read more

 Financial Express10 hours ago
Food firm Anmol files for IPO

Anmol Industries Ltd. (AIL), a branded packaged food company engaged in making biscuits and cakes, has filed draft papers for an IPO. The company is b... read more

 The Hindu16 hours ago
High oil prices hurting fiscal balance, says Pradhan

‘India not in favour of prices as low as $30 per barrel either’... read more

 The Hindu16 hours ago
China’s Xiaomi wants to make more products locally in India

Third-party manufacturers may make TVs, speakers, T-shirts... read more

 The Hindu16 hours ago
Neuberg eyes African region for acquisitions

Indian partnerships also on cards... read more

 The Hindu16 hours ago
Bhutan central bank warns citizens not to hold Indian currency in cash

RMA says it would not be responsible for any ‘demonetisation-type action’... read more

 The Hindu16 hours ago
U.S. imports to attract EU levy from June 22

Commission ratifies retaliatory tariffs... read more

 The Hindu16 hours ago
SBI’s Sriram to be IDBI’s interim head

The Centre on Wedneday gave B. Sriram, one of the managing directors of State Bank of India, the additional charge of officiating as MD and chief exec... read more

 The Hindu16 hours ago
Govt. clears ?38,062 cr. in GST refunds

The government has cleared pending GST refunds to the tune of ?38,062 crore to exporters so far, the Central Board of Indirect Taxes and Customs said... read more

 The Hindu16 hours ago
Committed to AI divestment: Sinha

Will consider other alternatives depending on market conditions, says MoS... read more

 The Hindu16 hours ago
Pawan Hans stake sale draws bids

Bids have been received for the strategic stake sale in helicopter services provider Pawan Hans, Civil Aviation Secretary R.N. Choubey said on Wednesd... read more

 The Hindu16 hours ago
Rising oil prices to hit private consumption says Urjit Patel

Reserve Bank of India’ governor Urjit Patel said the recent increase in oil prices could impact private consumption adversely during the meeting of th... read more

 The Hindu16 hours ago
GST on fuel may not be ‘pure’, says official

Peak tax rate of 28% plus VAT likely... read more

 The Hindu16 hours ago
Gensol to make India ‘back-end hub’ for solar plant monitoring

Spanish JV partner Solarig to assist on pilot project in Japan... read more

 The Hindu17 hours ago
Government clears pending GST refunds to tune of Rs 38,062 crore till June 16

CBIC had conducted a refund fortnight from May 31 to June 14, which was later extended by 2 days to June 16.... read more

 Zee India News17 hours ago
Rupee takes U-turn, jumps 30 paise to 68.08 a dollar

The beaten-down rupee today staged a good comeback, recuperating by a sharp 30 paise to end at 68.08 against the US currency on heavy bouts of dolla... read more

 The Hindu17 hours ago
PM promises farmers income doubling by 2022

Critics call Modi’s video interaction a ‘pre-scripted TV show’ that failed to address suicides due to agrarian distress... read more

 The Hindu17 hours ago
Doubling farm income by 2022: Modi government’s big budget boost to agriculture sector

Reaching out to farmers, Prime Minister Narendra Modi today showcased his government's "unprecedented" work in the agriculture sector, including doubling of the budget to Rs 2.12 lakh crore. Modi also reiterated that his government is working to doub... read more

 Financial Express19 hours ago
Trump’s tariffs could deliver a sizable hit to China’s economy

Officials are already pulling multiple policy levers in an attempt to steady financial markets rattled by the intensification of the trade dispute with the U.S. and a worsening growth outlook.... read more

 Financial Express19 hours ago
In India, cash is still king! ATM withdrawals up 22%, higher than pre-demonetisation era

ATM withdrawals from 66 different banks have been over Rs 2.65 lakh crore in April 2018, up 22% from the same period last year, the Reserve Bank of India data showed.... read more

 Financial Express19 hours ago
Arvind Subramanian quits as Chief Economic Advisor, Arun Jaitley accepts resignation

Noted economist Arvind Subramanian has resigned as Chief Economic Advisor.... read more

 Financial Express19 hours ago
What Arvind Subramanian did for economy: Arun Jaitley is all praise for departing CEA, from GST to JAM

Arun Jaitley announced Chief Economic Advisor’s resignation through a Facebook post on Wednesday, highlighting his many offerings to the economy.... read more

 Financial Express19 hours ago
Departing CEA Arvind Subramanian calls Arun Jaitley ‘dream boss’; says he had the best job

The departing CEA referred to the Finance Minister as ‘dream boss’ and said that being India’s CEA was the best job he could have ever had.... read more

 Financial Express19 hours ago