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As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF board approves USD 6 billion loan package for Pakistan

Approval will also unlock an additional USD 38 billion from Pakistan's international partners over the programme period.

4 July 2019 10:32 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 6 paise against dollar in early trade

Rupee opened strong at 68.86 at the interbank forex market then gained further to touch 68.83 per dollar.

4 July 2019 10:17 AM IST

Indian Armys T-90 tanks on display at Rajpath during the 69th Republic Day Parade, in New Delhi on Friday. (Photo: PTI)

Modest rise in Indian military spending likely, modernisation on hold

Government allocated 4.31 trillion rupees (USD 62.27 billion) for defence, a 6.6 per cent rise over the previous year.

4 July 2019 10:03 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Biz to declare mismatch in GST returns form: Finance ministry

The last date for filing annual return in August-end.

4 July 2019 9:53 AM IST

The Dubai-Mumbai air sector witnessed the highest flow of passengers at about 2.5 million during the 2017-18 financial year, primarily led by migrant workers, according to data released by the Ministry of Civil Aviation.

Now shop at Dubai airports using Indian rupee

Indian rupee is the 16th currency to be accepted for transaction at Dubai Duty-Free since its opening in December 1983.

4 July 2019 9:45 AM IST

PM Modi also discussed the Budget proposals during the meeting. (Photo: ANI)

Economic Survey to chart out reform road map of Modi 2.0 govt

Govt might this year again slip on fiscal deficit front given sluggish GST collections and lower-than-expected growth in...

4 July 2019 9:31 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Market on a wait and watch mode before Budget

Traders were cautious ahead of the presentation of the Economic Survey on Thursday, 4 July 2019, and that of Union...

4 July 2019 2:54 AM IST

Experts, however, feel that the move is not without challenges, particularly challenges in securing LCs for large sums by the discoms.

New payment setup positive for discoms

Securing LCs for large sums a challenge.

4 July 2019 2:53 AM IST

Basant Kumar Birla

BK Babu bids adieu

His collection of Indian Art is, any day, amongst the best private collections in India.

4 July 2019 2:50 AM IST

Vodafone-Idea has lost its share in all circles for the second consecutive month while Airtel lost its share in 15 out of 22 circles.

Jio gaining market share at expense of Voda-Idea

Many analysts believe the first quarter could be steady and unexciting for the wireless players.

4 July 2019 2:47 AM IST

Mindtree offers Smart Alert Management and Smart Reconciliation Management.

Mindtree says L&T categorised as promoter with 60.06 pc stake

The development is significant as the Mindtree founders had initially resisted the hostile takeover bid.

3 July 2019 8:32 PM IST

According to CMIE, the labour force participation rate fell from 46.1 per cent in 2016-17 to 43.5 per cent in 2017-18. CMIEs latest estimates suggest that the number has plummeted to 42.7 per cent in the first quarter of 2018-19.

Cabinet approves Code on Wages bill

The Code on Wages is one of the four codes that would subsume 44 labour laws with certain amendments.

3 July 2019 7:53 PM IST