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Latest Economy News

Two months after the department of industrial policy and promotion (DIPP) made public a discussion paper on the issue of allowing foreign direct investment (FDI) into Indian multi-brand retail space, Union.... read full story
Since the deficiencies in the system and processes of Barclays have been remedied, market regulator Securities and Exchange Board of India (SEBI) has lifted ban that it had imposed on British bank --Barclays--.... read full story
India’s tea imports have shown a decline of 10.85% in the first half of calendar year 2010 to touch 9.2 million kg. The corresponding figure for the Jan-June period for the last year was 10.32 million.... read full story
India’s central said on Friday that the monetary steps taken by it, coupled with the improving food supplies in wake of a good monsoon, were helping cool down inflationary pressures. The move comes amidst.... read full story
The government has reverted back to its old stand on the issue of import duty on natural rubber and rejected any cuts from the high rate of 20% that is prevalent currently. User industries have been lobbying.... read full story
Apparel exports from India continue to face difficulties as the global economic recovery remain inconsistent and demand from the developed region continues to be weak. According to the Apparel Export Promotion.... read full story