Monday, Dec 09, 2019 | Last Update : 03:00 AM IST

Economy | The Asian Age

India's real GDP growth in FY20 to come below 5 per cent: Report

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

08 Dec 2019 12:52 PM

Govt working on more measures to boost economy: Sitharaman

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

07 Dec 2019 1:20 PM

RBI to retain dovish bias going forward: report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

07 Dec 2019 10:46 AM

Wheat sowing up 4.28 per cent at 202.54 lakh hectares so far

As per the ministry's latest data, wheat was sown in 8.34 lakh hectare more area so far in the ongoing rabi (winter) season.

06 Dec 2019 7:53 PM

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.

06 Dec 2019 3:22 AM

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NBFCs, MFIs & co-ops can now become SFBs

The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as set earlier.

06 Dec 2019 2:18 AM

RBI rubs it in, says no respite from price rise

Shaktikanta Das says vegetable prices should soften by early February 2020.

06 Dec 2019 2:17 AM

Govt approves allocation of 5 coal blocks, to generate Rs 17,136 cr revenue

The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines, the ministry said in a statement.

05 Dec 2019 5:57 PM

We can't keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

05 Dec 2019 1:34 PM

Reserve Bank keeps benchmark interest rate unchanged at 5.15 per cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.

05 Dec 2019 12:08 PM

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India's services industry returns to growth in November on strong demand: PMI

A sub-index tracking demand jumped to 53.2 from October’s 50.1, encouraging firms to accelerate hiring at the fastest pace in three months.

04 Dec 2019 7:51 PM

GST Council to review revenue position, compensation cess on Dec 18

The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.

04 Dec 2019 6:53 PM

Total FDI inflow into India increased in 2018-19: govt

Total FDI inflow in 2018-19 was USD 62.00 billion.

04 Dec 2019 3:05 PM

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

04 Dec 2019 11:33 AM

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

03 Dec 2019 4:21 PM

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RBI may go for sixth repo rate cut to boost economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

03 Dec 2019 2:08 PM

Government open to further reforms: FM Nirmala Sitharaman

Govt is committed for further reforms in sectors such as banking, mining, insurance among others said FM Sitharaman.

03 Dec 2019 12:35 PM

India's mfg sector activity growth inches up in Nov; but remains subdued

GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.

02 Dec 2019 11:12 AM

GST revenue grows 6 per cent, crosses Rs 1 lakh cr in November

According to official sources, the number reflects pick up in consumption and improvement in compliance as well.

01 Dec 2019 4:56 PM

Centre to invest Rs 100 lakh crore in new infra projects to boost economy

PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.

01 Dec 2019 3:32 PM

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