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  Business   Economy  01 Sep 2017

Business, Economy, 01 Sep 2017

GDP growth at 5 pc under old series; analysts cut FY18 estimates

GDP growth in the first quarter of 2017-18 was lower than 6.1 per cent.

01 Sep 2017 6:17 PM

Aiming to reduce call drop rate by another 8 per cent by Dec: Telecom Minister

Sinha also said that telecom operators are facing resistance from people in installing mobile towers specially in Delhi and Mumbai.

01 Sep 2017 5:54 PM

LPG price hiked by Rs 7 per cylinder, ATF by 4 per cent

The price hike is in line with government’s decision to raise prices every month so that all subsidises are eliminated by 2017.

01 Sep 2017 5:13 PM

India's GDP may slump below 6.5 per cent this fiscal: SBI Research

The report noted that the GDP estimates of Q1 show that impact of demonetisation has not withered completely.

01 Sep 2017 3:55 PM

GDP growth to improve to 7-7.5 per cent in Q2: Rajiv Kumar

India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter.

01 Sep 2017 3:47 PM


Niti Aayog's new VC Rajiv Kumar denies note ban's effect on dipping GDP

Rajiv Kumar said that with work in progress, the Q1 GDP data should be seen as 'a mere blip' in the progress.

01 Sep 2017 2:37 PM

Former Infosys CFO agrees with Jaitley, pegs GDP for Q2 at 7 per cent

Mohandas Pai said India has seen a positive GST impact in the first month of the second quarter.

01 Sep 2017 1:14 PM

Watch: UIDAI lets you lock your Aadhaar biometrics

UIDAI allows you to lock your biometrics like finger print and iris data.

01 Sep 2017 12:48 PM

Manufacturing in India bounces back in August as GST effect fades: Nikkei

The Purchasing Managers' Index had dropped to a low of 47.9 in July after the GST rollout.

01 Sep 2017 11:35 AM

Rajiv Kumar takes office as Niti Aayog's vice-chairman

Kumar replaced Arvind Panagariya, an Indian-American economist who left the think tank on Thursday to return to academia.

01 Sep 2017 11:05 AM


Sensex up 71 points as September F&O opens strong

The NSE Nifty advanced by 20.10 points or 0.20 per cent to 9,938.10.

01 Sep 2017 10:27 AM

Govt scrambles to defend demonetisation as RBI data raises doubts

RBI data said 99 percent of the 15.44 trillion rupees ($242 billion) of banned notes had come back to the banking system.

01 Sep 2017 10:16 AM

Fiscal deficit at July-end touches 92.4 per cent of budget

During the same period of last financial year, 2016-17, it was 73.7 per cent of the target.

01 Sep 2017 10:00 AM

Farm loan waivers to have lasting impact on economy: RBI Governor

Urjit Patel called for lasting solutions like building irrigation capabilities and cold storage chains,etc.

01 Sep 2017 9:50 AM

India's GDP slows down to 5.7 per cent on note ban, GST rollout

Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was launched.

01 Sep 2017 9:28 AM


NPAs’ pain to haunt banks for some time

The overall gross NPAs for forty-one listed banks increased to Rs 8.28 lakh crore as on June 30, 2017 from Rs 7.65 lakh crore as on March 31, 2017. 

01 Sep 2017 5:46 AM

GDP growth slows to a three-year low of 5.7 per cent

This shows the challenge before the Narendra Modi government to restart the growth momentum in the country.

01 Sep 2017 1:53 AM