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Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being...

11 Feb 2020 10:03 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex surges over 400 points; Nifty reclaims 12,100

The 30-share BSE index was trading 405.61 points or 0.99 per cent higher at 41,385.23.

11 Feb 2020 9:57 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM IST

While the country attracted FDI valued around $286 billion in the past five years across sectors, defence and aerospace, which were projected as high potential sectors under Make in India, could grab only a measly Rs 1,834 crore, according to government data released on Monday.

Defence, aerospace get Rs 1,800 cr FDI in 5 years

The government had also announced two defence corridors-- in Tamil Nadu and Uttar Pradesh.

11 Feb 2020 4:17 AM IST

The government had formulated a draft National Tourism Policy in 2015-16, but is still, hold your breath, seeking cabinet approval.

5 years and tourism policy is still on way to cabinet

The last time the tourism sector had a national level policy was in 2002, nearly two decades ago.

11 Feb 2020 4:12 AM IST

The state-owned firm had earlier said that it will produce 750 million tonnes of coal in the next financial year.

Coal imports rise in November after three months of decline

Coal imports in November rose 8.6 per cent from a year earlier to 21.83 million tonnes.

10 Feb 2020 1:57 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Govt clocks Rs 40,000 cr in public procurement transactions through...

CPPP is operational since 2012 and hosts the Government eProcurement System.

10 Feb 2020 12:33 PM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Indian inflation likely hit a near six-year high in January: report

40 economists showed India's annual consumer price inflation is expected to have risen to 7.40 per cent in January.

10 Feb 2020 11:21 AM IST

Passenger vehicles volumes declined 4 per cent year-on-year.

Domestic passenger vehicle sales down 6.2 pc in January

Car sales last month were also down 8.1 per cent at 1,64,793 units as against 1,79,324 units in the January last year.

10 Feb 2020 10:45 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee rises 8 paise to 71.32 against US dollar in early trade

Heavy selling in domestic equities weighed on the local unit and restricted the upmove.

10 Feb 2020 10:43 AM IST

Top losers in the Sensex pack included Yes Bank, SBI and IndusInd Bank, that cracked up to 5.76 per cent.

Sensex drops over 150 points; Tata Steel cracks 5 pc

The 30-share BSE index was trading 171.90 points or 0.42 per cent lower at 40,969.95.

10 Feb 2020 10:40 AM IST

Indian Tea Association (ITA) chairman Vivek Goenka recently said the industry wont be able to survive at the current price levels as costs of production has increased whereas prices have remained stagnant over the past five years.

Tissue culture gives new hope to tea industry

Price realisation has remained stagnant for the last several years and the industry is also facing an oversupply...

10 Feb 2020 6:06 AM IST