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The total expenditure was Rs 11.50 lakh crore as against the governments estimate for the current fiscal at Rs 19.78 lakh crore. (Representational Image)

Fiscal deficit at 79.3 per cent of BE in Apr-Oct

Revenue deficit during seven months stood at Rs 3.27 lakh crore, or 92.6 per cent of BE for 2016-17.

30 Nov 2016 6:11 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

GDP rises 7.3% in Q2; uncertainty looms due to demonetisation

Country also recorded a 3.3 per cent growth in agriculture sector.

30 Nov 2016 5:50 PM IST

As per the official data released today, steel production jumped 16.9 per cent in October against contraction of 5.5 per cent in the year-ago period.

Infra sector grows 6-month high of 6.6 pc in oct

The core sectors, which contribute 38 per cent to the total industrial production expanded by 4.9 per cent.

30 Nov 2016 5:48 PM IST

FDI in telecom was $1.3 billion in 2013-14.

Telecom sector gets $10 bn FDI in Apr-Nov

Says FDI statistics were 'resounding acknowledgement' of reforms including spectrum harmonisation, spectrum trading and...

30 Nov 2016 5:26 PM IST

Bombay Stock Exchange

Sensex ends up 259 points; Nifty above 8,200-mark

The 50-share NSE Nifty settled 82.35 points, or 1.01 per cent higher at 8,224.50.

30 Nov 2016 4:34 PM IST

Minister of State for IT and Electronics PP Chaudhary (Photo: Twitter)

Aadhaar not mandatory for availing subsidy

Supreme Court, in its Interim Order had directed that the production of Aadhaar Card will not be a condition for...

30 Nov 2016 4:10 PM IST

The government has been making efforts to further improve the ease of doing business and aims to bring the country in the top 50.

Govt to analyse World Bank's doing biz report

India's rank remained unchanged at 130th out of 190 countries in the World Bank's latest report.

30 Nov 2016 4:05 PM IST

Economist Amartya Sen flays demonetisation

Nobel Laureate says the move is despotic action, undermines trust and economy.

30 Nov 2016 3:56 PM IST

Niti Aayog Vice-Chairman Arvind Panagariya

Panagariya shows his support to demonetisation

Panagaria said, "Financial intermediation has increased after deposits in bank accounts.

30 Nov 2016 3:39 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Commerce Ministry backs fair valuation of rupee

During the April-October period of current fiscal, exports dipped by 0.17 per cent to USD 154.91 billion.

30 Nov 2016 3:35 PM IST

Moreover 76 per cent involve their sales teams early in the marketing process against 68 per cent in large businesses.

Sales-marketing ties highest in India: LinkedIn

In India 77 per cent small businesses see collaboration of sales and marketing as a top priority.

30 Nov 2016 2:14 PM IST

The demonetisation had a major effect on economy as the move sucked in 18 billion 500 and 1000 rupee notes which are valued at Rs. 14 lakh crore out of circulation. (Photo: PTI)

This is what will happen to discarded notes

RBI to recycle scrapped notes for making various office stationery.

30 Nov 2016 1:54 PM IST