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New Rs 100 currency notes set to be introduced with SPECIAL feature? RBI said this
Thu, Aug 29, 2019
RBI today released its annual report for 2018-19, wherein it stated that it is planning to introduce varnished banknotes of Rs 100 denomination on a field trial basis.
We are still the fastest growing economy in the world: CEA KV Subramanian
Tue, Aug 27, 2019
Chief Economic Advisor to Government of India, KV Subramanian said that India is the fastest-growing economy in the world and it is important to focus on economic growth as well as structural reforms. While speaking to ANI, KV Subramanian said, “It's important to focus on economic growth and structural reforms. We're still the fastest growing economy in the world, we'll continue to be in that position. The govt continues to focus on investment.”
Nirmala Sitharaman announces measures to revive economic growth
Sat, Aug 24, 2019
Nirmala Sitharaman announces measures to revive economic growth. Watch video to know more.
RBI Monetary Policy Update: Rate of money creation to pick up pace! All you need to know
Wed, Aug 21, 2019
RBI Monetary Policy Update: There is a need to ensure the transfer of this rate cut benefit to the retail bank customers, which is not happening in real terms.
RBI Governor Shaktikanta Das hints at softer approach on rates
Mon, Aug 19, 2019
In its fourth consecutive bi-monthly monetary policy rate cut made earlier this month, the RBI lowered the repo rate by an unprecedented 35 basis points to 5.4 per cent.
Tax surcharge on rich: FM Sitharaman, PMO to meet FinMin officials on Saturday
Fri, Aug 16, 2019
Sitharaman in Ahmedabad said on Friday that the ministry is still in talks with PMO in reviving financial sentiment.
Know what's the present state of 'Indian Economy'?
Mon, Aug 12, 2019
In this segment of Zee Business, know what's the present state of Indian 'Economy'?
Auto industry's pain oozes to other businesses, causes hardships to economy and job holders
Sun, Aug 11, 2019
At present, the economic condition of Gurugram and Manesar`s industrial areas' local economy is grime as the slowdown has decelerated production, leading to job losses.
US-China trade war: Top 5 perspectives on the Indian credit experience
Wed, Aug 07, 2019
US-China trade war: From a macro perspective, credit spreads are linked to the growth cycle and not to central bank easing.
US Federal Reserve cuts benchmark interest rate by quarter-percentage point
Thu, Aug 01, 2019
Fed Chairman Jerome Powell had strongly hinted earlier this month that the benchmark rate would be lowered at the July meeting of the Federal Open Market Committee due to persistent trade tensions, global weakness and a notable slowdown in business investment.
Donald Trump urges Fed to cut interest rates, keep up with China, EU
Tue, Jul 30, 2019
For months Trump has criticised Fed Chair Jerome Powell for his monetary policies and has called for a drop in interest rates, which currently sit between 2.25-2.50 per cent.
Trade war effect: India's exports increase more to China than the US
Mon, Jul 29, 2019
Trade war effect: On account of China-US trade standoff, the Indian exports are increasing more to China (low base) than to the USA (high base) amidst the US-China trade war.
GST council meeting today: Cars, power to lotteries, here is how it may impact you
Thu, Jul 25, 2019
GST council meeting today: The 36th meeting of the Goods and Services Tax (GST) Council led by Finance Minister Nirmala Sitharaman is set to be held today. Notably, for citizens, there may be some big takeaways. Under focus is a decision on lowering tax rates for electric vehicles and this may well change the way everyone drives.
Your gold price to rise by 2.5%? Yellow metal at all-time high of over Rs 36,000 already - A bittersweet scenario
Mon, Jul 22, 2019
Within just a few months, the scenario has changed so much that gold, which was easily available near Rs 34,000, has clocked an all-time high of over Rs 36,000 in India.
Railway Minister Piyush Goyal comes up with new concept- 'Designed in UK, Made in India'
Wed, Jul 17, 2019
India's service sector will provide the British industries with the technical expertise required.
Goldman Sachs quarterly profit beats expectations on equity trading, lending
Tue, Jul 16, 2019
The bank is aiming to generate $5 billion in new revenue by 2020, and is currently undergoing a front-to-back review of all its businesses started last October when Solomon took control as CEO.
Social Stock Exchange will help social enterprises & voluntary organisations to raise capital: Anurag Thakur
Tue, Jul 09, 2019
Union Budget 2019 provides the roadmap to be a 5-trillion-dollar economy and glimpse of how next 10-years is going to be, says Anurag Thakur, Minister of State (MoS) for Finance and Corporate Affairs, during an interview with Zee Business.
Iran ratchets up tensions with higher enrichment, draws warnings
Mon, Jul 08, 2019
Iran said on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, prompting a warning `to be careful` from U.S. President Donald Trump, who has pressured Tehran to renegotiate the pact.
Union Budget 2019: Schemes like ‘Sagarmala’ & ‘UDAN’ are bridging rural, urban divide, says Sitharaman
Fri, Jul 05, 2019
Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “We don't look down upon legitimate profit earning. Gone are the days of policy paralysis and license quota control regime. India Inc are India's job creators, nation's wealth creators. Together with mutual trust we can gain, catalyse past and attain sustained growth.” “Schemes such as 'Bharatmala', 'Sagarmala' and 'Ude Desh Ka Aam Nagrik’ (UDAN) are bridging the rural and urban divide, improving our transport infrastructure.
Union Budget 2019: India took over 55 years to reach $1 trillion dollar economy, says FM Sitharaman
Fri, Jul 05, 2019
Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “The Indian economy will grow to become a $3 trillion economy in the current year itself. It is now the sixth largest in the world. Five years ago it was at the 11th position.” “It took us over 55 years to reach $1 trillion dollar economy. But, when the hearts are filled with hope, trust and aspiration, we in just five years, added $1 trillion,” she added.