Economy - general
![Railway Budget to be merged with Union Budget from next year Railway Budget to be merged with Union Budget from next year](/companies/companies_I/Indian_Railways/images/indian_railways_engine_sm_domain-b.jpg)
Railway Budget to be merged with Union Budget from next year
13 Aug 2016
The government has decided to end the practice of having a separate Railway budget that was started in 1924, agreeing with a call by the NITI Ayog that it should be merged with the general budget as it had lost its relevance
![China’s foreign minister Wang Yi meets PM, Sushma China’s foreign minister Wang Yi meets PM, Sushma](/economy/worldeconomy/images/wang_yi_narendra_modi_sm_domain-b.jpg)
China’s foreign minister Wang Yi meets PM, Sushma
13 Aug 2016
The three-day India visit of Chinese foreign minister Wang Yi comes amid somewhat strained ties over China blocking India’s membership of the Nuclear Suppliers’ Group and a border ‘transgression’ by Chinese troops
![India’s trade deficit narrows to $7.75 bn in July India’s trade deficit narrows to $7.75 bn in July](/economy/trade/images/oil_tanker_feb_sm_domain-b.jpg)
India’s trade deficit narrows to $7.75 bn in July
13 Aug 2016
The narrower deficit has been facilitated by a near halving of gold imports to $1.08 billion and a 28-per cent fall in the value of oil imports to $6.82 billion in July this year
![UN to issue stamp to honour M S Subbulakshmi, celebrate India’s Independence Day UN to issue stamp to honour M S Subbulakshmi, celebrate India’s Independence Day](/economy/general/images/subbulakshmi_sm_domain-b.jpg)
UN to issue stamp to honour M S Subbulakshmi, celebrate India’s Independence Day
12 Aug 2016
Subbulakshmi will now get a follower in A R Rahman who will enthral UN diplomats at a special concert at the UN General Assembly on 15 August, becoming the second Indian to perform at the iconic UN hall
![RBI keeps policy rates unchanged RBI keeps policy rates unchanged](/economy/general/images/raghuram_rajan_sm_domain-b.jpg)
RBI keeps policy rates unchanged
09 Aug 2016
RBI governor Raghuram Rajan, whose three-year term ends on 4 September, said he expected a spike in inflation, on the back of a hike this year in the salaries of millions of government employees and sticky core inflation
![GST a win-win for all, no single party can take credit: PM GST a win-win for all, no single party can take credit: PM](/economy/general/images/narendra_modi_dec_sm_domain-b.jpg)
GST a win-win for all, no single party can take credit: PM
09 Aug 2016
Eemphasissing in the Lok Sabha that the passage of the GST Constitution Amendment Bill by Parliament was not a victory of any party or government Prime Minister Narendra Modi expressed gratitude to all parties for their support
![Parliament approves GST bill Parliament approves GST bill](/economy/Govt/images/narendra_modi_17aug_sm_domain-b.jpg)
Parliament approves GST bill
08 Aug 2016
Prime Minister Narendra Modi described GST as a “crucial step” towards ending tax terrorism besides reducing corruption and black money
![Rajya Sabha clears GST bill; AIADMK stages walkout Rajya Sabha clears GST bill; AIADMK stages walkout](/economy/Govt/images/arun_jaitley_11April_sm_domain-b.jpg)
Rajya Sabha clears GST bill; AIADMK stages walkout
04 Aug 2016
The bill, which will pave way for most important tax reform in post-Independence India, was passed with all 203 members present backing it and 13 AIADMK members staging a walkout just before the voting
![Govt circulates amended GST bill ahead of RS debate tomorrow Govt circulates amended GST bill ahead of RS debate tomorrow](/finance/general/images/arunjaitley_sm_domain-b.jpg)
Govt circulates amended GST bill ahead of RS debate tomorrow
02 Aug 2016
The amendments propose three key changes to the 2014 bill relating to the additional tax of up to 1 per cent, compensation to states, and a dispute resolution by the GST Council
Featured articles
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The Rise and Rise of HDFC Bank
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India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
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History of hovercraft Part 3...
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History of hovercraft Part 2...
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