Arun Jaitley, Finance minister (Photo: Twitter | ANI)

Govt cuts fuel prices Rs 2.50 per litre, BJP-run states lower VAT

The Centre will issue a notification on the cut in excise duty by Thursday midnight so that consumers can get immediate relief.

05 Oct 2018 2:29 AM

‘High oil prices will put pressure on current account deficit, rupee’

A lot of money used to come into Indian market because the difference between interest rates of India and US market were high, says Sunil Kumar Sinha.

30 Sep 2018 5:58 AM

Rising oil prices could cause significant inflation, dampen economic growth and alter geopolitics in multiple ways this year.

Rising fuel prices: The road ahead

US sanctions against Iran, the third biggest exporter of oil to India, make it difficult for its allies like India to manage the oil demand supply.

09 Sep 2018 6:24 AM

“Besides, a lot more new entrepreneurship is coming up in the new economy which is set to encompass more areas of traditional sectors,” said Assocham.

Foreigners bet on tech space

Despite a slow growth in the real estate sectors, the industry body said that the FDI interest in the reality activities showed a marked improvement.

03 Sep 2018 12:21 AM

‘Data confirms economic cost of DeMo was higher than benefits...’

There will also be some offsetting increase in revenues, given the effect on oil prices on inflation, says Arvind Virmani.

02 Sep 2018 5:31 AM

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

GDP grows 8.2 per cent in first 3 months of 2018-19

He said that 8.2 per cent growth in “otherwise an environm-ent of global turmoil represents the potential of new India”.

01 Sep 2018 2:15 AM

Economic affairs secretary S.C. Garg said that robust performance in Q1 “gives hope” that growth could exceed even estimates of 7.5% for the year as whole. (Representational Image)

Growth in economy hits near 2-year high

Low base in FY18 helps post 8.1% Q1 growth, says expert.

01 Sep 2018 12:12 AM

India has launched such derive in the past atleast three times.

$60 billion in NRI deposits needed to hold rupee

The official said that in the last five years rupee was stable against all the major currencies except dollar.

23 Aug 2018 2:32 AM

The official said that if the government hikes its fiscal deficit from 3.3 per cent to 6.39 per cent, the government can push Rs 7 lakh money in the economy and GDP growth will come to around 13 per cent.

13 per cent reckless growth was possible

This has result in a heated debated between Congress and BJP as the report comes before the elections next year.

22 Aug 2018 5:15 AM

Walmart seals deal to acquire majority stake in Flipkart

Walmart said its investment includes $2 billion of new equity funding to help accelerate the growth of the Flipkart business.

19 Aug 2018 4:28 AM

This is because most of the Asian currency have not depreciated at such a pace like that of rupee,” said Dr Ajay Sahai, director general and CEO, FIEO. (Representational image)

Exporters cheer dip in rupee

The dip should help traditional goods of India where the import competent is less except — gems and jewellery segment.

15 Aug 2018 4:56 AM

Over the past 5-6 months, LNG prices in Asia have increased by over 70 per cent, driven by rising imports from China, it said.

City gas cos likely to take a hit

“This, however, will have a bearing on the margins of CGD companies,” said Mayur Patil, associate director, Crisil Research.

03 Aug 2018 1:50 AM

The challenge by Sharma had garnered over 1,000 retweets, and 1,600 likes by Sunday morning. (Photo: File)

After TRAI chief's Aadhaar dare, hacker busts Sharma's safety claim

A French hacker posted what he said was Sharma’s 'personal address, phone number and his alternate phone number'.

29 Jul 2018 5:20 AM

Law and IT Minister Ravi Shankar Prasad (Photo: PTI/File)

Data protection draft bill holds hope for privacy

For data misuse, a penalty of Rs 15 cr or 4% of the total worldwide turnover of any data collection entity.

28 Jul 2018 1:57 AM

India becoming a ‘country of importers’

Around 84 per cent of solar equipment requirement in the country is met through imports from China.

27 Jul 2018 7:03 AM

Sanitary napkins were taxed 12 per cent under the one-year old GST regime, which attracted a lot of criticism from various quarters.

Sanitary napkins now exempted from GST

To promote tourism, now 28 per cent tax will be applicable only when the hotel bill is Rs 7,500 or above.

22 Jul 2018 2:02 AM

n Idea will be responsible for clearance of all demands which may be raised by any wing of the department including penalties imposed or to be imposed on Vodafone or Idea.

Vodafone, Idea get DoT’s conditional approval

Merger to create country’s largest telecom operator.

10 Jul 2018 5:32 AM

Walmart for long has been trying to gain a significant foothold in India and the Flipkart acquisition will provide it what it had longed and lobbied for so hard.

Walmart pays $16 billion for 77 per cent Flipkart stake

World’s biggest e-commerce deal angers traders’ body, RSS affilate.

10 May 2018 5:45 AM

‘Easy to blame RBI without understanding the issues’

Actually, Rs 2,000 currency notes were in short supply so most of the ATMs had notes of lower denominations, says Sunil Kumar Sinha.

26 Apr 2018 6:17 AM

Banks which have been sent notices include SBI, ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank. (Representational image)

Banks may soon stop free services

Taxmen sent notices to multiple banks.

25 Apr 2018 3:00 AM

Pawan Bali