Search Results for: economy

Gold

3-day jewellers' strike may cost the economy $432 million

An excise duty of 1 percent on gold transactions worth Rs. 6 crore per year brings small manufacturers to book.

Mar 3, 2016

Airbus sees no serious impact from China economy slowdown

European plane maker Airbus broke ground on its first wide-body completion plant outside of Europe in China on 2 March, while its CEO Fabrice Bregier said he saw no serious impact on the China plane market from slowing economy. Airbus marked the handover of a completion and delivery centre for its wide-body A330 in Beijings neighbouring city of Tianjin, which will be a new addition to its existing assembly plant for A320 planes.

Mar 2, 2016

India GDP

India to grow at 7.5% in FY17, says IMF

However, it warned that unfavourable global environment and a slow investment recovery could be disruptive.

Mar 2, 2016

Cement Pakistan imports

Indian cement industry faces multiple headwinds

Besides weak domestic demand, Indian cement manufacturers are complaining of cheap imports from Pakistan and China.

Mar 2, 2016

Apollo Tyres Tyre industry

Budget 2016: No anti-dumping duty on tyre imports from China

Truck and bus radial tyre imports from China rose 63 percent during April-December 2015, YoY, according to the government data.

Mar 2, 2016

World AIDS Day

NHRC issues notice to Centre over duty imposition on life-saving drugs

The NHRC asked the government to explain its move of removal of custom duty exemption and imposition of excise duty on key drugs.

Mar 2, 2016

Indian highway

Road ministry plans Rs 50,000 crore loan from LIC for expressways: Report

Finance Minister Arun Jaitley had allocated Rs 55,000 crore to the road ministry in the budget for the next fiscal year.

Mar 2, 2016

Budget 2016: Analysts hail FM Arun Jaitley's commitment to fiscal discipline

The fiscal commitment was also cheered by Indian stock markets that soared over 3.30 percent on Tuesday.

Mar 1, 2016

EU referendum: Brexit worries offer British bargains to investors

There are plenty of opportunities for investors to capitalise on fears that Britain will leave the EU.

Mar 1, 2016

Reserve Bank of India

RBI likely to cut key lending rate by 50bps this year: UBS

The status quo on the fiscal consolidation path has created room for RBI to cut interest rates in the coming months.

Mar 1, 2016

US pharma giant

Union Budget evokes mixed response from healthcare industry

The healthcare industry showed mixed reactions to the Union Budget saying it's a progressive one but disappointing at the larger schemes due to lack of universal coverage in the sector.

Mar 1, 2016

iran elections

Iran elections: Moderates win Assembly of Experts

The Moderates are also expected to win the parliamentary elections in Iran.

Feb 29, 2016

hyundai-cars-are-seen-ready-for-shipment-at-a-port-in-chennai

Budget 2016: Cars, SUVs to be costlier, thanks to new taxes

The government is levying an infrastructure tax on all cars and a service charge on cars priced more than Rs 10 lakh, among other moves.

Feb 29, 2016

Budget

Budget 2016 disappoints stock markets

Arun Jaitley's budget focused on rural development and tax amnesty.

Feb 29, 2016

China expects to lay off 1.8 million workers in coal, steel sectors

No time frame was given for the 1.8 million figure cited.

Feb 29, 2016

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