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India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

RCEP members must show flexibility to resolve pending issues: Prabhu

RCEP members want India to eliminate or significantly reduce customs duties on maximum number of goods it traded with...

2 March 2019 12:53 PM IST

Indias forex reserves have shot up considerably.

Forex reserves up by USD 944 million to USD 399.21 billion

The country's reserve position with the IMF increased by USD 10.8 million to USD 2.993 billion.

2 March 2019 12:38 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST collection drops to Rs 97,247 crore in February

Govt has lowered the GST collection target for current fiscal to Rs 11.47 lakh crore.

1 March 2019 4:54 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Effective competition important for fostering innovation: CEA

IBC has catalysed the recovery of around Rs 3 lakh crore from various default cases.

1 March 2019 1:55 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Retail inflation for industrial workers up 6.6 per cent in January

All-India CPI-IW for January, 2019 increased by 6 points and pegged at 307 points.

1 March 2019 12:47 PM IST

Union Minister Arun Jaitley. (Photo:ANI)

IBC brought back Rs 3 lakh crore into banking system: Jaitley

On the issue of non-performing assets (NPAs), he said the curve is going down.

1 March 2019 11:42 AM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Feb mfg activity hits 14-month high as sales, output, employment...

The Nikkei India Manufacturing Purchasing Managers' Index rose to 54.3 in February, from 53.9 in January.

1 March 2019 11:23 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth in Q3 of 2018-19 pegged at 6.6 per cent

The GDP at constant prices (2011-12) grew at 7 per cent during October to December quarter of the previous financial...

1 March 2019 11:22 AM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

You don't get away by not paying back to banks: Jaitley

Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM

28 Feb 2019 5:38 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Core sectors' growth slows down to 1.8 per cent in January

Eight sectors recorded a growth rate of 4.5 per cent against 4.1 per cent in the same period of the previous fiscal.

28 Feb 2019 5:32 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Govt keen on merger of PSBs to create globally competitive, healthy...

Reserve Bank insisted that banks should provision for all stressed assets so that only sound banks survive.

28 Feb 2019 3:53 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

Increasing exports can lead to better jobs, higher wages in India:...

India grew at a rate of 7.2 per cent in 2017, at the same time reducing the number of people living in poverty.

28 Feb 2019 3:43 PM IST