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Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Elections 2019: Taxmen told to curb illegal flow of currency, liquor

CBIC's instructions follow a multi-departmental meeting called by the Election Commission earlier in the month.

24 March 2019 12:21 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Gold imports dip 5.5 pc during April-Feb likely to keep lid on CAD

Trade experts said softening prices of the yellow metal in the world markets could be the reason for the contraction in...

24 March 2019 11:17 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

FPIs invest Rs 38,211 crore in March on improved global liquidity

Analysts attributed the increase in infusion to a shift in stance on monetary policy outlook by various central banks...

24 March 2019 10:41 AM IST

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic. (Photo: AP)

Fed rate hike, rate cut both 'on the table': Raphael Bostic

The Fed has become increasingly worried about meeting its 2 per cent inflation target.

23 March 2019 1:30 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

MPC to meet six times during 2019-20: RBI

MPC to decide on the first bi-monthly monetary policy statement for 2019-20 will be held from April 2 to 4.

23 March 2019 10:26 AM IST

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

Fitch cuts GDP growth to 6.8 per cent for next fiscal

It has also cut the GDP growth forecast for current fiscal to 6.9 per cent from 7.2 per cent projected in December.

23 March 2019 1:59 AM IST

Finance Minister Arun Jaitley. (Photo: PTI)

Govt exceeds disinvestment target this fiscal, proceeds touch Rs 85...

For next fiscal the disinvestment target has been fixed at Rs 90,000 crore.

22 March 2019 4:38 PM IST

Rahul Gandhi claimed that Anil Ambani had not manufactured even a single aircraft but was awarded a contract of Rs 30,000-crore after snatching the work from state-owned HAL. (Photo: ANI)

Traders are not annoyed with GST, don't use us for political points:...

Domestic traders' body CAIT on Wednesday criticised Congress chief Rahul Gandhi for his repeated statements on GST.

22 March 2019 11:51 AM IST

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

Fitch cuts India GDP growth forecast for FY20 to 6.8 pc

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6.

22 March 2019 11:03 AM IST

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe.

India one of world's fastest growing large economies: IMF

Details about the Indian economy would be revealed in upcoming WEO survey report to be released by IMF next month.

22 March 2019 10:46 AM IST

China could have a larger share of the Indian market than earlier, provided it plays fair.

Tariff on China to continue till deal is reached

Trump imposed tariff hikes of up to 25 per cent on USD 250 billion of Chinese goods.

22 March 2019 10:30 AM IST

The offshore India fund not domiciled in India receives flows from overseas investors and in turn invests the money into the Indian markets, according to a report by Morningstar.

Exim Bank extends USD 800 million credit line to Maldives

Exim Bank has now in place 245 LoCs, covering 63 countries in Africa, Asia, Latin America, with commitments of around...

20 March 2019 4:18 PM IST