Economy

Daimler Warns Of 'Significant Adverse Effects' Of Virus Outbreak

Reuters | Saturday February 22, 2020

German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world.

Petrol Price Hiked Marginally After Three Days Of Pause, Diesel Unchanged

Business | Edited by Sandeep Singh (with inputs from agencies) | Saturday February 22, 2020

Petrol And Diesel Price Today: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

IIT Kharagpur Ranked 2nd Among Indian Higher Education Institutes

Education | Press Trust of India | Saturday February 22, 2020

IIT Kharagpur in West Bengal has been ranked second among higher educational institutes of India in the 'Times Higher Education Emerging Economies Ranking 2020'.

Fiscal Deficit Touched 4.56% Of GDP In December: Finance Ministry Data

Business | Indo-Asian News Service | Friday February 21, 2020

For the fiscal 2019-20 (till March 31, 2020), the fiscal deficit has been revised to 3.8 per cent now.

Petrol, Diesel Rates Unchanged For Third Straight Day. Find Out How Much You Pay Now

Business | Edited by Sandeep Singh | Friday February 21, 2020

Petrol Price Today, Diesel Rate: Domestic fuel prices are determined broadly by the global crude oil prices and the foreign exchange rates.

How Sensex, Nifty Fared In Holiday-Shortened Week

Business | Edited by Sandeep Singh | Friday February 21, 2020

BSE Sensex, Nifty: Going forward, analysts expect some revival in the economy which is staring at its worst pace of expansion in more than 11 years.

RBI Committee Torn Between Growth Concerns, Inflation Fears

Business | Reuters | Thursday February 20, 2020

A majority of members of India's monetary policy committee (MPC) see space to cut interest rates further to boost economic growth.

Economic Adviser Cautions Against Stringent Regulations On Shadow Banks

Business | Indo-Asian News Service | Thursday February 20, 2020

Mr Sanyal's suggestion comes in the backdrop of multiple steps taken by the RBI to improve supervision of shadow banks.

Coronavirus Poses Risks To Global Economy's Fragile Recovery: IMF

World News | Reuters | Thursday February 20, 2020

The coronavirus epidemic has already disrupted economic growth in China and a further spread to other countries could derail a "highly fragile" projected recovery in the global economy in 2020, the International Monetary Fund warned on Wednesday.

Petrol, Diesel Prices Unchanged. Find Out How Much You Pay Today

Business | Edited by Sandeep Singh | Thursday February 20, 2020

In Delhi, the price of petrol stood at Rs 71.89 per litre and that of diesel at Rs 64.65 per litre on February 20 - the same levels as the previous day, according to Indian Oil Corporation (IOC). In Mumbai, the prices of petrol and diesel remained at Rs 77.56 per litre and Rs 67.75 per litre respectively.

Government Doesn't Acknowledge Slowdown, So Can't Fix It: Manmohan Singh

India News | Press Trust of India | Thursday February 20, 2020

Attacking the Modi government on the state of the economy, former Prime Minister Dr Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word "slowdown" and the real danger is that if problems are not recognised, then finding credible answers to take corrective action is unlikely.

IISc Bengaluru Among Top 20 Universities In Emerging Economies Ranking

Education | Edited by Maitree Baral | Wednesday February 19, 2020

IISc shares the rank list with 55 other Indian institutions. Overall, 533 universities, 100 up from last year, from 47 countries have been included in the Time Higher Education Emerging Economies University ranking 2020.

Cabinet Gives Nod For Formation Of 10,000 Farmer Producer Organizations

Business | Indo-Asian News Service | Wednesday February 19, 2020

The move was taken as small and marginal farmers do not have economic strength to apply production technology, services and marketing.

India To Switch To World's Cleanest Petrol, Diesel From April 1

India News | Press Trust of India | Wednesday February 19, 2020

India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now - a feat achieved in just three years and not seen in any of the large economies around the globe.

Here's How Much You Pay For Petrol And Diesel In Your City Today

Business | Edited by Sandeep Singh | Wednesday February 19, 2020

Petrol, Diesel Price Today: Currently, the prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis, and any revisions are implemented at fuel stations with effect from 6 am. Domestic prices of petrol and diesel are determined broadly by the global crude oil prices and the foreign exchange ra...