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  Business   Economy  22 Aug 2019

Business, Economy, 22 Aug 2019

EPFO approves changes in Employees' Pension Scheme to restore commutation of pension

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009.

22 Aug 2019 6:46 PM

Report shows US deficit to exceed USD 1 trillion next year

Federal debt, which is already high by historical standards, is on an unsustainable course, said Phillip Swagel of CBO.

22 Aug 2019 5:48 PM

India's petrol imports in July hit highest in at least eight years

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

22 Aug 2019 2:59 PM

RBI minutes to cap yields; revives expectations for further policy easing

RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.

22 Aug 2019 11:55 AM

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